Category: Regulation
Mountains, Money, and Mistrust: NJ Residents Challenge Billionaire’s Mountaintop Megaproject
In the quiet hills of the Watchung Mountains, a high-stakes development battle is erupting, pitting a billionaire-backed housing proposal against a grassroots movement of local residents armed with science and a deep fear of floodwaters. At the heart of the conflict is a 120-acre swath of pristine forest in West Orange, New Jersey, one of…
From Blight to Bright: How Expert Brownfield Consultants Turn Risk into Real Estate Opportunity
In today’s complex real estate market, developers are under increasing pressure to find viable land for new projects. Zoning constraints, strict land-use regulations, and skyrocketing property prices have narrowed the list of options, forcing many to look beyond pristine, shovel-ready sites. Enter the brownfield — an often-overlooked opportunity hiding in plain sight. Brownfields are former…
Are Fannie Mae and Freddie Mac Standards Disrupting Deals in Commercial Real Estate?
In the world of commercial real estate, the shifting landscape of insurance requirements is causing serious disruption to deals. Recently, Fannie Mae and Freddie Mac, the government-sponsored enterprises that back a significant portion of multifamily and commercial real estate loans, updated their general liability (GL) insurance requirements. However, the new mandates are proving to be…
Odisha’s Real Estate Revamp: Asit Mohapatra Takes the Helm as ORERA Chairperson
In a move aimed at strengthening accountability and transparency in Odisha’s booming real estate sector, the state government has appointed Asit Kumar Mohapatra as the new Chairperson of the Odisha Real Estate Regulatory Authority (ORERA). The announcement on Wednesday also brought two new faces into the fold Rajendra Mishra and Shyam Sundar Dash who will…
Behind the Facade: FinCEN’s New Crackdown on All-Cash Real Estate Deals and Anonymous Buyers
The Financial Crimes Enforcement Network (FinCEN) published its Final Rule (89 Fed. Reg. 70258), launching a nationwide effort to expose illicit financial activity in the U.S. real estate market. The new regulations mandate reporting requirements for non financed residential property transactions targeting the quiet but powerful corner of the market long exploited by money launderers…
Sinking Trust: Weak Regulations Leave Kerala’s Houseboat Industry Adrift in Troubled Waters
Kottayam, Kerala – A serene cruise through Vembanad Lake, once the epitome of Kerala’s backwater charm, now masks a storm beneath the surface. The iconic houseboat industry in Kumarakom and Alappuzha, central to Kerala’s tourism appeal, is navigating rough waters due to regulatory ambiguity, overcrowding, and alleged administrative neglect. With more than 1,300 houseboats 826…
“India Is Building Smarter, Not Faster”: Aayush Puri on How PropTech and Reforms Are Giving India a Real Estate Edge Over China
As China’s real estate market grapples with its deepest crisis in decades, India is quietly and confidently emerging as a global real estate powerhouse. According to Aayush Puri, Head of ANAROCK’s Channel Partner vertical and PropTech leader at ANACITY, the shift is not just momentary. It’s structural. “China built too much, too fast resulting in…
Tamil Nadu RERA Orders Housing Board to Execute Sale Deed and Handover Flat to Homebuyer
CHENNAI, India – May 14, 2025 – In a significant win for homebuyers, the Tamil Nadu Real Estate Regulatory Authority (TNRERA) has directed the Tamil Nadu Housing Board (TNHB) to execute the sale deed and hand over possession of a flat in the SAF Games Village Scheme, Koyambedu, Chennai, to a buyer who had paid…
TRAI Proposes New Ratings for Real Estate Based on Digital Connectivity
In a move that could reshape how Indians evaluate and choose properties, the Telecom Regulatory Authority of India (TRAI) has unveiled a draft rulebook to rate real estate assets based on digital connectivity parameters. Announced on Tuesday, the draft aims to bring transparency to the digital infrastructure of residential and commercial properties, a critical factor…
Karnataka Tribunal Overturns KRERA Ruling, Grants Relief to Senior Citizen After 12-Year Villa Possession Delay
BENGALURU, India – May 14, 2025 – In a landmark decision, the Karnataka Real Estate Appellate Tribunal (KREAT) has overturned a previous order by the Karnataka Real Estate Regulatory Authority (KRERA), granting long-awaited relief to a 75-year-old homebuyer who waited over 12 years for possession of a luxury villa. The Tribunal has directed Sterling Urban…