Category: Business Advisory

No wrongdoings, keen to deliver flats: Jaypee Group

Jaypee Group has said that there is no wrong doing on the unencumbered land of the group in favor of mother company Jaiprakash Associates (JAL).

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Judicial officer not yet appointed in Gurgaon RERA Bench

In Gurugram 300 complainants of homebuyers have been received by the authority but no judicial officer has been appointed to grant relief to complainant.

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Rs. 4000 Crore diverted by 11 Noida Housing Projects. Authority issues Notice

An audit of 14 housing projects in Noida, concluded by the international firm M/s Currie and Brown found that amount worth Rs. 4000 crore were being allegedly diverted by builders of 11 housing projects to which the Noida Authority has now issued a notice.

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Maharera: Six developers fined for not following the rules under the RERA Act

The MahaRERA has imposed penalties ranging from 2 lakhs to 12 lakhs on six developers for not following the obligations mentioned under S.3 and S.11 (2) of the MahaRERA Act

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Haryana projects which have not received a completion Certificate will be brought under RERA

The judgment of the Punjab and Haryana High Court is delivered the ongoing projects which has not received a completion certificate yet will be included under the purview of RERA.

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Over 400 Real Estate Projects registered on Haryana’s RERA Website likely to be launched next week

Haryana Government passed RERA in Haryana. But, the website for the RERA Registration in Haryana has not been made functional yet.

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After implementation of RERA: Only 5 Completion reports issued in 18 Months

Mysuru City Corporation on Tuesday said, only five Completion Report’s (CR) issued of the Real Estate Regulation and Development Act in the last 18 months by MCC

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Formulation of Real Estate Forum by MahaRERA and CREDAI

A Real Estate Forum has been formalized by the MahaRera in association with Confederation of Real Estate Developers’ Associations of India

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Appointment of H-RERA members by the Haryana Government

The Haryana Government nominated two members each for the twin H-RERA benches in Panchkula and Gurugram.

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COMPLAINTS FORUM LAUNCHED BY RERA

A new reconciliation forum launched by MahaRERA to address complaints of both developers and buyers. Now, Citizens can file an application for reconciliation online

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TNRERA is going to have Chairperson and two members

The appointment of chairperson and two members on Tamil Nadu Real Estate Regulatory Authority (TNRERA) is going to happen soon.

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Manoj Nair appointed CEO of Smart City- Kochi project

The Board of Smart City-Kochi, is a joint venture IT SEZ between Tecom Investments, a subsidiary of Dubai Holdings; along with Kerala government

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TNRERA appointed 186 certified agents to commence their business

TNRERA’s (Tamil Nadu Real Estate Regularity Authority) has generated the data of 186 Real Estate Agents and all of those now come under the purview of RERA.

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Just 12 Percent Property Brokers Registered Under Maharashtra RERA

Regardless of expanding deadlines, hardly 12 percent property dealers in Maharashtra have enrolled under the MahaRERA, the state real estate regulatory authority.

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Sales to increase in real estate sector with the implementation of RERA

The real estate industry in the year of 2017 was remarkable and very challenging because of various changes like RERA, Demonetization and GST with the promise and growth in the year of 2018

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