The Karnataka Real Estate Regulatory Authority (KRERA) has said that the Bengaluru Development Authority (BDA) qualifies as a ‘promoter’ under the state’s RERA Act. The authority directed the BDA to register its Nadaprabhu Kempegowda Layout project, which has been under development since 2014, and to upload all relevant documents, including layout plans and approvals. Karnataka […]
Real estate developers from associations including CREDAI-MCHI, NAREDCO, BDA, and PEATA met with Brihanmumbai Municipal Corporation (BMC) Chief Bhushan Gagrani on October 24 to discuss key sector challenges and proposed a rationalised premium payment plan under a 10:10:80 structure. Among the key recommendations made during the interaction was a call to rationalise the premium payment […]
