To avoid financial burden, the RERA has decided not to set up a permanent appellate tribunal. On same reasons set up for food safety was hearing RERA cases.
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.
No sale or purchase of an apartment building or plot shall be facilitated by the agent in any Real Estate project until the agent registers himself under RERA.
The Lucknow bench after hearing a series of complaints against Ansal’s in particular, it has ordered for the forensic audit of the builder, as the bench thinks the homebuyer is genuine hence it has put restrictions upon the activities of the Ansal.
Center has decided to send a special team to six northeastern states later this week to resolve issues pertaining to the implementation of the Act.
The UPRERA bench asked all the complainants to file their claims with the resolution professional appointed by the NCLT.
Greater Noida RERA Authority asked around 700 homebuyers of Subhkamna Tech Home to come up with a viable financial plan to complete the housing project in Sector 137.
The concerned authority will issue a recovery certificate which is mandated under the land revenue Act and states the amount recoverable and the date it became due.
CEO, and country head, JLL India said that the selling of the completed apartment is viable if the developer has enough liquidity to complete the project.
An order passed by the Supreme Court, every project whether registered or not shall have to display the sanction plan of the project at the site of the project.