UPRERA: Health Audits of under constructed Real Estate Projects

Development Authority officials and directions has been given to them to conduct the health audit of all unfinished projects, the main purpose of this audit is to find out the reason behind the stalled projects.

RERA freezes bank accounts of the developer for non-registration of the project

Bihar RERA froze the bank account of Patna based developers for giving the misleading replies to the show cause notices which was issued by the RERA Authority to inquire about the non-registration of the project.

Big decision by Hon’ble Supreme Court on Amrapali Group

Supreme Court to Amrapali Group- Court will sell the company’s or firm’s assets along with personal assets of its Managing Director/Directors in order to make the payment to the innocent buyers.