The Delhi government announced a 1 percent increase in transfer duty on properties priced above Rs 25 lakh throughout the city, purchasing real estate in the National Capital would now be more expensive. The Municipal Corporation of Delhi (MCD) accepted the increase in transfer duty in May 2022, but the Delhi government didn't issue a notification regarding it until July 10, 2023. The transfer...
The Haryana Real Estate Appellate Tribunal (HREAT) has collected Rs. 39.88 crore, and the Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has recovered Rs. 8.61 crore from negligent developers and reimbursed buyers over the last four years, from 2019 to May 2023. For the purpose of the recovery process, the HRERA has been pursuing the involved district collector offices. A HRERA...