Building customer trust and making the sector more organized and disciplined was another objective of Real Estate Regulation Act. Bengaluru takes another initiative to meet such objective.
Category: Business Advisory
Alteration of Builder Buyer agreement after implementation of RERA Act
RERA does not speaks about the alteration of the terms and condition of the agreement to sale but if there is any contradiction, it is understood that law will prevail.
RERA impact on Maharashtra
MahaRERA: Maharashtra is the only state to set up a Conciliation Forum as an alternative platform for home buyers and developers to resolve disputes outside the Court.
RERA does not cover disputes over maintenance of project: MP RERA
MPRERA authority refused to provide pro buyer relief over the issue of maintenance of project whose possession rests with the buyers already, citing non-specific provisions for the same.
Don’t Delay in Filing your Annual Return and Financial Statement
An article about the due dates of filing annual returns forms and major changes introduced with regard to additional fees and penalty provision.
Loan to Directors- How section 185 changed as per recent companies act, 2017 ammendment
the restriction under section 185(1) was not applicable where loan or guarantee is permissible under other provisions of Companies Act, 2013
MPRERA: Government development authorities to comply with RERA
Real Estate Sector has changed drastically especially considering the fact that its ambit covers not just the Private developers but Government and Semi-Government Authorities as well.
How to file an appeal with RERA Appellate Tribunal
Further every State RERA Appellate Tribunal has a right to decide the procedure for filing an appeal under Rule 25 of the UPRERA Rules.
What if, Annual General Meeting couldn’t be held on time?
If Annual General Meeting couldn’t be held within the stipulated time frame, for the special reason, Registrar of companies may provide an extension for a period not exceeding three months.
Determination of Pecuniary Jurisdiction under the Consumer Protection Act, 1986 in Real Estate Disputes
Builder-buyer disputes are not a new phenomenon in India. Many buyers are now willing to against the builder before the appropriate forum.
What to do if the RERA order is not being complied with
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.
RERA: Supplier contractor disputes not within the purview of RERA Act
RERA Authorities are carefully analyzing each and every legal and factual aspect before arriving at a conclusion and that the same is evident from the reasoning and order passed thereto by the RERA Authority.
Haryana RERA Authority is becoming hard on builders
HARERA Gurugram seems to be on a mission and they are not in a mood to give any scope to the builders where they even try to escape.
RERA- No scope for false advertisements by the builders
buyers only had the option to rely upon the deceiving marketing stunts of the developers which all were only endorsing the commitments and freebies which they never intent to give in reality.