At the initiation of CIRP when a public notice is issued under Section 15, claims of creditors are invited; but in some scenarios in real estate cases, homebuyers are often unable to take note of the public announcement of CIRP owing to different factors.
It is just a matter of time that the detailed information with thorough research about the specific loan market and details of methods used by the Banks to exploit the allottees and regarding abuse or malpractices of the Banks to be reported to the commission.
The Supreme Court did not agree to the payment of amounts deposited by the promoter to homebuyers on the grounds that it would be preferential payment to one class of creditors.
The homebuyers who were to get their homes anytime soon have to now at least wait for another period of 6 months or maybe 9 after the extension of real estate projects’ completion date.
Due to nation wide lockdown MahaRERA extended the period of validity for registration of all registered Real Estate Projects by 3 Months.
The Gurugram RERA known as H-RERA is about issue a notification for the builder who are trying attracts the home buyers by making an offer of ‘Assured Returns’.
Development Authority officials and directions has been given to them to conduct the health audit of all unfinished projects, the main purpose of this audit is to find out the reason behind the stalled projects.
300 cases in the matter of incomplete projects and more than 3,340 complaints of buyers relating to more than 722 projects under Uttar Pradesh RERA.
Haryana Government passed RERA in Haryana. But, the website for the RERA Registration in Haryana has not been made functional yet.
20,000 real estate projects have been registered under RERA from across the country.
Since Real Estate Regulation and development Act (RERA) came into force i.e. 01/05/2017, it was made mandatory for real estate builders and agents to register under the said act. Though in the beginning the registration process was sleepy headed, but now RERA Registration has picked up around 1,100 real estate projects and agents in Gujarat. … Continue reading “1,100 real estate projects and agents registered in RERA”
every promoter shall get the eligible real estate project, registered with RERA authority before sale/promotion/advertisement/booking etc.
The NCLAT held that CIRP against Real Estate Company shall be limited to Project concerned and will not affect other projects of the developers.
The RERA authorities in state of Karnataka placed in the capital city of Bengaluru have come to the rescue of home when on Wednesday they released
First time in Ahmedabad exclusively of RERA registered projects, The Times Real Estate Expo kick starts on Saturday at The Grand Bhagwati on S G Highway.
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