There are many uncompleted projects which are still lying abandoned or molding into structures at a very slow pace.
MahaRERA which completed a year on May 1 this year is the most progressive authority in India. The authority beyond giving remarkable orders is also trying its best to play the role of regulator.
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’.
RERA Authority has decided to form a tripartite committee for the completion of the project. It was also decided by the officials that the committee will constitute a member of UP-RERA, one representative of home buyers and one of builder.
As per the RERA laws, no civil court has the jurisdiction to entertain any suit or proceedings which is empowered to be entertained RERA Authority only.
Delhi has its own full-time real estate regulatory Authority, whereas till now the vice-chairman of the Delhi Development Authority (DDA) was acting as an interim regulator of the Delhi RERA.
According to the Rajasthan RERA If the possession is not provided on the given date then it will amount to punishable offence.
Further every State RERA Appellate Tribunal has a right to decide the procedure for filing an appeal under Rule 25 of the UPRERA Rules.
RERA Authority order is not being complied with by the party or if we are precise, the builder is not paying the amount ordered by authority.