Crime branch team on Sunday has arrested the senior vice president of Earth Iconic Infrastructure Private Limited. The accused has been involved in fraud against the home-buyers of Earth Titanium Project, Greater Noida.
For almost a year the state of Uttar Pradesh had the post of RERA chief vacant hampering the functionality and regulation of the newly implemented RERA Act, 2016.
A good new for around 4300 Amrapali homebuyers who have been left midway due to the ongoing insolvency proceedings against the Amrapali group.
The division bench of Rajasthan High court stayed the order passed by the RERA Appellate Tribunal as it was not constituted as per the provisions of the Act.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) Appellate Tribunal has revealed a cooked up story of a builder.
Unitech stated before the H-RERA that the issues mentioned by the residents will be solved soon and the payment of 11 crores will also be paid back in due course.
UP RERA recently took a massive step by issuing recovery notice against 5 builders who failed to abide by the orders made by the Authority.
Real Estate (Regulations and Development) Act, 2016 came into force on 1st of May in 2017, to cleanup the mess in the Indian Real Estate Sector.
The government must amend the IBC to recognize the legitimate claim of home buyers. After all, they use their lifetime savings to invest in a house.
Punjab RERA has issued notices to nearly 50 developers for not registering themselves and their projects with the authority till date.
Delhi RERA website has published list of approved real estate projects and with the complete details of developers and agents.
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).
In Gurugram 300 complainants of homebuyers have been received by the authority but no judicial officer has been appointed to grant relief to complainant.
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.
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