Supreme Court Criticises RERA’s Performance

05 Mar 2025 CW Team

The Supreme Court on March 4, 2025, called the functioning of the Real Estate Regulatory Authority (RERA) “disappointing,” noting its failure to adequately protect homebuyers' investments and promote the real estate sector.

This observation came from a Bench led by Justice Surya Kant, following a submission by senior advocate K. Parameshwar about the “domino effect” in the real estate sector — where the failure of one project often triggers the collapse of others across states. Parameshwar urged for a stronger regulatory mechanism within the Real Estate (Regulation and Development) Act of 2016 to curb this trend, which severely impacts both homebuyers and developers.

Justice Kant acknowledged the issue but also pointed out that establishing a stricter regulatory body might face objections from states on federalism grounds.

This isn’t the first time the court has criticised RERA’s performance. In September 2024, the Supreme Court described RERA as a “rehabilitation centre for former bureaucrats,” accusing it of undermining the Act’s purpose.

RERA was created under the 2016 Act to regulate and promote the real estate sector, ensuring transparent and efficient sales of plots, apartments, and projects while safeguarding consumer interests. It also established a dispute resolution mechanism and an Appellate Tribunal for handling appeals.

(Mercom)

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..