UPRERA: RERA Authority may take over the unfinished project
The UPRERA authority planning to cancel the RERA registration or take over the projects if the concerned builders don’t come around finishing the projects.
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Section 8 of RERA: Obligation of Authority consequent upon the lapse of or on the revocation of registration.
Section 8 of the RERA is an essential clause that guarantees the protection of homebuyers’ interests in the event that the registration of a real estate project is canceled or expires.
UPRERA orders completion of stalled projects after joint proposal
Homebuyers may have delayed projects completed under the aegis of the AoA, under the model formulated under Section 8 of RERA. Joint proposal of ASGI Properties Pvt Ltd and ASG Apple 7 Buyers Association, authorised the developer to complete the stalled project.
UPRERA imposes fine on 14 Promoters over non-compliance of its order
UPRERA has imposed a cumulative penalty of over Rs 1.93 crore to 14 promoters over non-compliance of its orders under Section 63 of the RERA Act.
UPRERA imposed penalty of Rs. 1.6 cr while deregistering two Ansal API projects
Strict action has been taken as two projects of Ansal API has been de-registered by the UPRERA Authority after the promoter could not provide a satisfactory response to the notices sent by the Authority.
UPRERA swings into action- Clears backlog of 2400 cases vide online hearing
Hon’ble UPRERA Authority has heard more than 2400 cases post the lockdown through the means of Video Conferencing which is the new way of life for all of us.
A Welcome Step by UPRERA – Makes way for homebuyers aggrieved of Conciliation Agreement
Conciliation forum is one such mechanism to resolve the issues adeptly. But there are several cases in which a conciliation agreement has not been honored by the builders.
Supertech agrees to handover the possession by December 2019 at 7th UPRERA Conciliation meet
The Uttar Pradesh RERA Authority keeping up with the spirit of the Real Estate Regulation and Development. That 7th Conciliation Forum of NCR was held by the Uttar Pradesh Real Estate Regulatory Authority recently wherein for the first time a settlement was achieved between the developer company Supertech and 14 Homebuyers.
UPRERA: Deregisteres Unnati Fortune Holdings Project
UPRERA has deregistered a promoter/developer over financial irregularities, money laundering, double allotment of flats, diversion of funds and for many other reasons.
UPRERA Works Diligently: Disposed off more than half of the complaints
13000 complaints have been filed with UPRERA out of which 7000 complaints have been disposed within a span of almost 8 months.
UPRERA adopts satellite mapping to monitor Illegal construction
After MahaRERA, UPRERA also has adopted the services of a satellite to monitor the illegal construction and dubious projects being constructed in the state.
UPRERA gets tough: Rejects Applications of 36 Builders
The Uttar Pradesh Real Estate Regulatory Authority, Greater Noida Bench had rejected the registration applications of as many as 36 builders.
Noida: UPRERA survey expects delivery of 40,000 flats
The all the steps taken by the UPRERA Authority is now finally giving some lucrative results and the long wait of the home-buyers might come to an end.
UPRERA gets Tough: Lists 10 projects for deregistration
UPRERA Authority shorlisted 10 housing project in Noida and Greater Noida, which may be deregistered within this month for the reasons of delays and non-compliance of the orders passed by the Authority.
UPRERA: Interest Penalty if project are not delivered on time
There are many uncompleted projects which are still lying abandoned or molding into structures at a very slow pace.
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