MahaRERA extends the registration of Real Estate Projects by 3 month
Due to nation wide lockdown MahaRERA extended the period of validity for registration of all registered Real Estate Projects by 3 Months.
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Registration for projects under Karnataka RERA
If the project isn’t RERA Registered you can approach the concerned RERA Authority for initiating a complaint against the concerned developer for non-registration.
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.
HRERA: Applicability of RERA on registration of projects if occupancy certificate has been applied
Occupancy Certificate has been obtained & Completion Certificate has been/ is to be applied/ obtained– Registration of project under RERA is not applicable
RERA-Registration of Ongoing projects in rural areas
In the rural area of Rajasthan (Jaipur), more than 50 projects are going on, out of which only 5 projects have registered themselves under RERA and rest are unregistered projects which are going on.
Tamil Nadu sees Registration of 223 Housing Projects
Tamil Nadu has seen the registration of 223 housing projects under Real Estate Regulation and Development Act (RERA) until November 22, 2017. Tamil Nadu notified the RERA Rules on June 22 this year and sooner its authority came into force as Tamil Nadu RERA Authority (TNRERA). As per TNRERA Rules, new housing projects with a … Continue reading “Tamil Nadu sees Registration of 223 Housing Projects”
RERA registration for Existing Projects in Maharashtra
The real Estate projects that are ongoing and have not received completion certificate or occupancy certificate, on the date of commencement of the Act, i.e. 01/05/2017, the respective promoter shall be required to get registered with RERA
RERA registration in Maharashtra for New Real Estate Projects
every promoter shall get the eligible real estate project, registered with RERA authority before sale/promotion/advertisement/booking etc.
RERA Registration for Ongoing projects in Gujarat
As per REDA, no promoter can sell/book/advertise or enter any agreement for sale any part of the project without prior registration with RERA authority.
RERA Registration in Gujarat for New Projects
The application for registration of such Real Estate Project shall be made in writing along with declaration, as prescribed in Rules, in triplicate.
PROJECT REGISTRATION UNDER RERA
Prior to the RERA Act coming into force, the real estate sector in India was mostly unregulated, with no standardization of business operations or transactions. Due to a lack of a legal framework, home buyers/allottees were often confronted with issues such as project delays, price increases, and poor building quality.
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.
Legel remedies to get refund on stalled projects: An Analysis
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.
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.
Agent Registration under RERA
Brokers and agents will have to ensure that, they are properly registered with the regulator under RERA.
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