Haryana RERA issues Directions for Annual Audits of Builder’s Bank Accounts
The HRERA issued directions that promoters should get their accounts audited within six months after the end of every financial year.
The HRERA issued directions that promoters should get their accounts audited within six months after the end of every financial year.
The RERA Authority issued warrants of attachment in respect of Rs 91.41 lakh to four bank accounts of M/s Supertech for deduction of the amount.
Hon’ble P&H High Court has for now stayed the said amendment from operation and the matter is now listed to be taken up in January 2020 for further orders.
This order is first of its kind in the Country and this shall set an example for all other stalled projects wherein builders are in jail for years and there is no hope of construction in near future.
Section-44 of the RERA Act, 2016 lays down the detail procedure for filling of an appeal in case of any dissatisfaction at the first court of instance i.e. RERA.
Some points have been discussed by Gurugram Bench of Haryana RERA has, in the case where the basic principle regarding the registration of project with RERA has been decided.
HARERA Gurugram seems to be on a mission and they are not in a mood to give any scope to the builders where they even try to escape.
We are sharing some of the important change in the RERA in Haryana, which may have a direct bearing on your project or property in Haryana.
The interim Haryana Real Estate Regulatory Authority (H-RERA) has slapped notices on 140 residential projects across the state for “not applying” for registration under the Act. Sources said that most of the registrations applied are either “incomplete” or were in “wrong format”. All these projects are currently under construction and haven’t received any occupation certificate. Accordingly officials aforesaid that … Continue reading “Haryana RERA issues notices to 140 Builders”
The Ministry of Housing and Urban Affairs published a progress report of RERA cases on May, 1 2021 which accounts to 75% of the total disposed cases in the region of Uttar Pradesh, Maharashtra and Haryana.
Supreme Court and High Court have given several decisions, saying that sale of properties on the basis of super area was just cheating the customers, and the authority has decided to take measures to stop this.
The High Court of Punjab and Haryana finally settles the dispute of granting refund under RERA. The High Court in a detailed judgment has finally decided the matter in favour of RERA Authority and has ruled that RERA Authority will have power to grant refund and possession and Adjudicating officer will only have limited power with respect to granting Compensation.
The Haryana government amends the Haryana Rera rules in order to bring the power of refund within the purview of Rera authority established at Panchkula and Gurgaon
The RERA Act mandated registration with the newly formulated state RERA authorities but the rebate was given to projects which have already procured occupation and completion certificates.
The buyers in Gurugram are not happy with the Haryana RERA Authority as the result might not be in their favour. Buyers have filed a Writ Petition in Punjab & Haryana High Court as they want judicial remedies.