#RealEstateInvesting https://realtyquarter.com Mon, 08 Jul 2024 17:12:02 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.16 https://realtyquarter.com/wp-content/uploads/2017/11/RQ-logo-fo-web.png #RealEstateInvesting https://realtyquarter.com 32 32 MahaRERA Takes Action Against 628 Projects for Registration and QR Code Non-Compliance https://realtyquarter.com/maharera-takes-action-against-628-projects-for-registration-and-qr-code-non-compliance/ https://realtyquarter.com/maharera-takes-action-against-628-projects-for-registration-and-qr-code-non-compliance/#respond Mon, 08 Jul 2024 17:12:02 +0000 https://realtyquarter.com/?p=8499 MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has proactively targeted 628 housing projects across the state for failing to comply with regulations requiring the display of registration numbers and QR codes in advertising materials. Of these 628 projects, 312 are from the Mumbai region, including Mumbai, Mumbai suburban, Thane, Nashik, and Konkan. About 250 […]

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MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has proactively targeted 628 housing projects across the state for failing to comply with regulations requiring the display of registration numbers and QR codes in advertising materials.

Of these 628 projects, 312 are from the Mumbai region, including Mumbai, Mumbai suburban, Thane, Nashik, and Konkan. About 250 projects are from the Pune region, covering Pune city, western Maharashtra, and Marathwada, while 66 projects are from the Nagpur region.

To protect investments, MahaRERA has urged homebuyers to avoid transactions with housing projects that lack the mandatory RERA registration number. “Promoters of housing projects are not permitted to advertise their projects without a MahaRERA registration number.

Starting August 1, 2023, it is also mandatory to display a QR code with every advertisement, enabling homebuyers to access important project information.

Despite this, some developers are violating these guidelines. Therefore, MahaRERA is always on the lookout for such advertisements and regularly initiates action against the violators,” said Ajoy Mehta, chairman of MahaRERA.

For effective enforcement of these guidelines and to identify violators, MahaRERA collaborates with the Advertising Standards Council of India (ASCI). This partnership aims to monitor both traditional and new-age advertising formats, with the aid of artificial intelligence.

The collaboration has successfully identified violators across newspapers, websites, online video streaming channels, and social media. Notably, the violation rate is significantly higher on social media compared to traditional advertisement formats.

Under the Real Estate (Regulation and Development) Act, any project in Maharashtra exceeding 500 square meters or involving more than eight apartments (including plots) must be registered with MahaRERA. No marketing activities or sales are allowed without securing this registration number.

Furthermore, starting August 1, 2023, developers are required to provide detailed project information, including the project’s name, developer’s name, registration renewal status, expected completion date, pending complaints, litigations, and any recovery warrants. This information can be accessed by scanning the project’s QR code.

Despite these mandatory requirements, some developers continue to disregard the guidelines, prompting MahaRERA to initiate suo motu action and issue show-cause notices to the violators.

 

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Trifecta Projects Private Limited launches a new housing project in Bengaluru. https://realtyquarter.com/trifecta-projects-private-limited-launches-a-new-housing-project-in-bengaluru/ https://realtyquarter.com/trifecta-projects-private-limited-launches-a-new-housing-project-in-bengaluru/#respond Mon, 27 May 2024 16:43:40 +0000 https://realtyquarter.com/?p=8349 An Eco-luxury living project, Trifecta Vanto, is located in the prime area of Sarjapur Road in East Bengaluru Bengaluru, 24th May 2024: Trifecta Projects Private Limited, a renowned homegrown builder in Bengaluru, announces the launch of a new housing project, Trifecta Vanto. This one-of-its-kind project is located in the prime area of Sarjapur Road in […]

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An Eco-luxury living project, Trifecta Vanto, is located in the prime area of Sarjapur Road in East Bengaluru

Bengaluru, 24th May 2024: Trifecta Projects Private Limited, a renowned homegrown builder in Bengaluru, announces the launch of a new housing project, Trifecta Vanto.

This one-of-its-kind project is located in the prime area of Sarjapur Road in East Bengaluru. Slated to be completed by August 2027, the project is registered with RERA Karnataka.

Spread over 9.06 acres of land, the housing project comes with 825 units in two towers spanning 24 floors each. Homebuyers can choose from the inventory of 1 BHK, 2 BHK, 2.5 BHK (with a study room), and 3 BHK apartments with super built-up areas falling between 710 sq ft and 1340 sq ft.

Property prices range from Rs. 68.5 lakh for a 1 BHK and Rs. 1.02 crore for a 2 BHK to Rs. 1.09 – 1.15 crore for a 2.5 BHK and Rs. 1.24 crore for a 3 BHK.

Trifecta Vanto is 4.6 km from the Carmelaram Railway Station, with the Kempegowda International Airport directly accessible from the project via NH-44.

Various educational institutions such as DPS and Ryan International School, hospitals such as Manipal and Cloudnine Hospitals, and recreational zones including Total Mall & Innovative Multiplex lie within a 10 km radius of Trifecta Vanto. Additionally, the project has a prime location offering seamless connectivity to major IT hubs

Trifecta Vanto offers a wide array of world-class facilities to meet the standards and requirements of a modern lifestyle and provides the experience of community living.

A sprawling 50,000 sq ft Platinum Oasis Clubhouse offers amenities like a grocery store, salon, clinic, crèche, multipurpose hall, library, etc.

Additionally, it offers virtual golf, a sports court, a cafeteria, a mini theatre, a yoga/art studio, and a terrace party lawn. Residents can indulge in a range of recreational activities, including swimming, at the semi-Olympic-size pool and a wellness and fitness center that provides eco-friendly workout options.

With 85% open space, each unit in the society is designed to ensure optimal ventilation and natural airflow. With sustainability as its core foundation, the project embraces renewable energy with solar-powered common area lighting.

The society also has an external rainwater harvesting system to conserve water resources and promote eco-conscious living. In line with the sustainable mobility vision, EV charging provisions are further available in at least 30% of parking spaces to encourage residents to adopt eco-friendly transportation solutions.

Undeniably, with its eco-friendly design and strategic location, Trifecta Vanto sets a new benchmark for luxury living in Sarjapur Road, East Bengaluru.

“Today modern-day homebuyers are looking for state-of-the-art amenities and conveniences within the project. Trifecta Vanto strives to deliver the same through a range of facilities incorporated.

However, the cynosure is not just the gamut of luxury niceties; sustainability and environment-friendly features remain at the heart of Trifecta Vanto, offering residents a refuge amidst the bustling city life.

The project encompasses unparalleled heat-mitigation features and sustainable construction materials to offer long-term benefits to residents about utility bills”, says Mrs. Sarada Reddy, Co-Founder, of Trifecta Projects Pvt Ltd.

Sarjapur Road has observed a significant rate of appreciation, around 60%, in the last five years. With Trifecta Vanto, the area will further witness a real estate boom and will set high standards for luxury living.

About Trifecta Projects Private Limited

With over two decades of experience in residential and commercial development, the builder of Trifecta Vanto- Trifecta Projects Private Limited epitomizes excellence and innovation.

They blend modernism with sustainable practices to create an unparalleled living experience. Renowned for their commitment to quality, sustainability, and customer satisfaction, they have carved a niche for themselves in the real estate industry.

Their well-known residential projects include Trifecta Beaumonde, Trifecta Sollievo and Trifecta Esplanade in Whitefield, Trifecta Verde En Resplandor in Thirumenahalli, Trifecta Verdure and Trifecta Bueno in Sarjapura and Trifecta Starlight in Mahadevpura. Trifecta Adatto and Trifecta Fait Pour are commercial projects located in Mahadevpura in East Bengaluru.

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LAUNCH OF TARC KAILASA https://realtyquarter.com/launch-of-tarc-kailasa/ https://realtyquarter.com/launch-of-tarc-kailasa/#respond Fri, 05 Apr 2024 16:47:27 +0000 https://realtyquarter.com/?p=8112 TARC Limited, New Delhi-based luxury Real Estate company listed on NSE & BSE announced the launch of its ultra-luxury; high-rise New Delhi Residential Project TARC KAILASA centrally located in New Delhi on main Patel Road. The Company proudly announced one of the biggest launches in the capital city. TARC KAILASA, a 1.7 million square feet […]

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TARC Limited, New Delhi-based luxury Real Estate company listed on NSE & BSE announced the launch of its ultra-luxury; high-rise New Delhi Residential Project TARC KAILASA centrally located in New Delhi on main Patel Road. The Company proudly announced one of the biggest launches in the capital city.

TARC KAILASA, a 1.7 million square feet development spread over a strategically located 6-acre land parcel, comprises 5 high-rise magnificent towers beautifully designed by renowned architectural practice Andy Fisher Workshop – Singapore.

The Company has thoughtfully chosen Arabian Construction Company as its construction contractor considering their expertise in high-rise construction and the large number of delivered projects all across India and also UAE.

Amar Sarin MD & CEO of TARC Limited expressed his views on the meticulously designed project that never before offered the amenities and luxury that the buyer community has been longing for in New Delhi, India.

Be it the expansive spread, the high ceilings, the 3 sides open design for light and ventilation, very high-end specifications, private lift lobbies, and the all-weather pools, KAILASA has been designed to provide the solace and tranquility we all long for.

The 170,000 square feet of entertainment areas, the 7-tier security, the concierge services, and the large apartment formats at KAILASA have something and more for each member of your family stated Amar Sarin (MD & CEO).

TARC KAILASA has a revenue potential of over INR 4000 Crores, and the Company reported garnering a tremendous response.

Commenting on the growth and transformation of the residential real estate sector Amar Sarin shared his very positive views and belief on the growth trajectory that India is witnessing and the greater growth opportunities going forward under the admirable and glorious leadership of our revered Prime Minister Shree Narendra Modi Jee.

TARC Limited recently got a new brand identity, which in consonance with the values and traditions that are adopted by the Company is Inspired By India.

Thanks & Regards,

 

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