The real estate sector was unregulated for a long time. If customers experienced delays, they had little redress. Because court disputes may take a long time, most customers were at the discretion of the builders. A proper complaint process has emerged as a result of the implementation of RERA.
A promoter should consider the future security of the buyers. Therefore, a promoter ought to give protected and right quality land administration to their expected clients.
1st of kind order from Hon’ble RERA, which is unique and real justice in real estate history. In the said case, the uncompleted project was handed over to the association to construct it through the pooling of money
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.
This is not compulsory that all RERA registered projects are investment worthy ,there are many projects registered under RERA on which investing money will become the worst decision of your life.
In the race of beating each other the builders do every possible effort to grab the customer’s attention on their projects and new launches.
Justice to be served wherever the issue relates to. MahaRERA is leading ahead in proper implementation of RERA regulations. The authority has given many landmark judgments and rulings provided justice to the aggrieved parties. Recently, MahaRERA sets an example proving itself by delivering a firm decision in favor of the Justice. Under this, it also … Continue reading “The completion date has been preponed by MahaRERA”
H-RERA: K Khandelwal, the recently designated chairperson of Gurgaon seat of Haryana Real Estate Regulatory Authority (H-RERA),
Gurgaon RERA: The distressed homebuyers will have the capacity to register complaints against developers for not honoring the builder buyer agreement (BBA).
Section 18(1) of the RERA Act provides for ‘Return of amount and compensation’ which is the base for complaint under section 31 seeking refund, interest and compensation.
Everyone wishes to live peacefully in a well maintained house of their choice and that is why they invest their life time hard earned money in big projects developed by builders. But does it really fulfill their dreams?
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