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RERA FAQs: 25 questions every homebuyer should know the answers to
Enacted by Parliament in 2016, the Real Estate (Regulation and Development) Act, or RERA, was introduced to bring greater transparency, accountability and efficiency to India's real estate sector while protecting the interests of homebuyers. Under the law, residential and commercial projects exceeding 500 square metres of land area or comprising more than eight apartments must be registered with the Real Estate Regulatory Authority (RERA) of the respective state before they can be marketed...
Facing a dispute with your builder? Here's how RERA can help register your grievance
Buying a home is often the biggest financial commitment many people make. But for homebuyers, the experience can turn stressful when builders delay possession, fail to deliver promised amenities, or stop responding to queries altogether. When such disputes arise, the Real Estate Regulatory Authority (RERA) serves as the primary forum for grievance redressal.
‘Scum’: Trump attacks US states’ efforts to regulate prediction markets
Donald Trump asserted that the federal government must maintain exclusive regulatory authority over the prediction market industry. He criticised state-level efforts to impose new restrictions on these multibillion-dollar platforms. Trump expressed concern over the potential for these markets to become 'addictive'.
Plenty of homes, no shortage: Why UP RERA is cautioning property buyers
Uttar Pradesh's real estate regulator said more than 1.15 lakh residential and commercial units are currently available for sale across the state, pushing back against claims of a supply shortage and cautioning buyers against making rushed investment decisions. In a statement issued this week, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) said the current inventory levels suggest that homebuyers and investors have ample options available across different property categories...
Paying for 300 Mbps WiFi but getting only 50? Know how to file complaint and claim relief
Many broadband subscribers in India pay for high-speed internet but receive far less. What most do not realise is that this is not just a service failure — it is something you can formally complaint about and claim compensation for. If your broadband provider is delivering speeds significantly lower than what was promised, you have two main places to file complaint — the Telecom Regulatory Authority of India (TRAI) and the consumer court under the Consumer Protection Act, 2019.
Nintendo will pay a $40 million fine for faulty Joy-Cons
Nintendo will pay a $40 million fine for faulty Joy-Cons A French regulatory authority accused Nintendo of Europe for deceptive business practices. The Joy-Con stick drift saga never ends. France's equivalent of the Federal Trade Commission, Direction Générale de la Concurrence, de la Consommation et de la Répression des Fraudes or DGCCRF for short, hit Nintendo of Europe with a 35 million euro fine, or more than $40 million.
UP RERA says carpet area is what counts, not super built-up area; here's why it matters
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Wednesday cautioned homebuyers against relying on super built-up area figures while purchasing flats, saying carpet area which makes the actual usable space inside a residential unit, should be the basis for any buying decision. UP RERA said the Real Estate (Regulation and Development) Act, 2016, mandates carpet area as the “standard basis” for disclosure and sale of apartments. Developers are required to list the number, type...
Hong Kong taps banks, lawyers and crypto firms to help rewrite rules for tokenised bonds
Advertisement Hong Kong taps banks, lawyers and crypto firms to help rewrite rules for tokenised bonds HKMA sets up the collective, spanning 21 institutions, in push to expand blockchain-based issuance beyond government pilots 2-MIN READ2-MIN Listen Hong Kong’s de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers. The Hong...
PRA publishes plans to support resilience in the life insurance industry
Funded reinsurance transactions involving UK life insurers will face enhanced regulatory requirements under new proposals unveiled today by the Prudential Regulation Authority (PRA).
Google must let publishers opt out of AI Search features, rules UK
Online publishers are getting more control over whether their websites appear in Google's AI Search features, thanks to a UK regulatory ruling. The new conduct rule imposed by the Competition and Markets Authority (CMA) requires Google to let website owners keep their content out of features like AI Overviews, and prevent it from being used for the "fine-tuning" of Google's AI models. "In a world first, publishers will now have effective tools to prevent their content being used to power AI...