Karnataka RERA Empowers Homebuyers

05 Mar 2024 CW Team

In a landmark decision, Karnataka's Real Estate Regulatory Authority (RERA) has issued a directive empowering homebuyers to take control and complete a long-delayed residential project in Bengaluru. The move marks a significant shift in the power dynamics within the real estate sector, putting the onus on the purchasers to ensure the project's timely completion.

The project, originally initiated by a prominent developer, faced prolonged delays, leaving homebuyers in limbo. Karnataka RERA's intervention signals a commitment to safeguarding the rights of property buyers and ensuring that projects adhere to stipulated timelines. This decision aligns with RERA's broader objective of bringing transparency and accountability to the real estate industry.

The empowered homebuyers, armed with RERA's backing, are now entrusted with overseeing the completion of the project, injecting a sense of urgency and accountability into the proceedings. This groundbreaking initiative not only offers a practical solution to the challenges posed by project delays but also sets a precedent for similar cases across the real estate landscape.

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..