The newly formulated UPRERA bench at greater Noida will become functional from 4th September and already has 4000 complaints filed with them for adjudication. The four members of the authority will look at the Maharashtra RERA authority for example in order to ensure speedy resolution of complaints. Maharashtra RERA authority ranks first in the country … Continue reading “UPRERA to take clues from MahaRERA model in order to ensure speedy resolution”

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

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

Chitra Singh, gazal singer Jagjit Singh’s widow and her grandson Armaan Chowdhary went before the Maharashtra Real Estate Regulatory Authority (MahaRERA)

MAHARERA: By virtue of the powers presented by the first provision to sub-section (4) of section 43 of Real Estate (Regulation and Development) Act, 2016 (16 of 2016), the government of Maharashtra has set up a tribunal to hear appeal against the rulings of Maharashtra Real Estate Regulatory Authority (MahaRERA). The responsibility to hear appeals … Continue reading “Maharashtra sets up tribunal to hear apeal against MahaRERA Rulings”

MahaRERA is planning to set up 15 conciliation benches – 10 in Mumbai and 5 in Pune. The benches will try to work out a compromise formula before a consumer files a complaint under the RERA or before the authority starts hearing the case.

MahaRERA has dismissed a complaint from a home buyer against India Bull Real Estate Ltd for delayed possession ruling that since no possession date was given by the developer, RERA provisions do not come into play to provide any relief.

Realty developers’ body Confederation of Real Estate Developers’ Associations of India (CREDAI), through a letter to Hardeep Singh Puri,

MUMBAI: The Maharashtra Real Estate Regulatory Authority has for the first time expanded the scope of reasons beyond a builder’s control. The authority upheld a city builder’s claim that a 2009 project was delayed due to change of law, administrative conflicts and “incorrect classification of the plot as CRZ II’’ —reasons beyond his control. Hence, the builder … Continue reading “Builders not liable to pay for ‘justified’ delays: MahaRERA”

Bombay High Court (File photo)MUMBAI: The Bombay High Court has passed a remark, while dismissing builders’ plea against the constitutional validity of RERA, that Maharashtra’s RERA rules need to be changed after taking “a fresh survey of the rules. The remark was made with reference to Section 6(a) of the Maharashtra Rules 2017 that refers to grant or rejection … Continue reading “Review Maharashtra RERA project completion rules: Bombay High Court”

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) will, from January 2018, provide consumers with the conciliation option on its website before they register complaints against developers. For the consumers going for the new option, MahaRERA is planning to set up 15 conciliation benches – 10 in Mumbai and 5 in Pune. The benches will try to … Continue reading “Conciliation pick for home buyers from Jan before RERA plaints”

As per a recent order by Bombay High Court upholding constitutional validity of the Real Estate Regulation and Development Act (RERA) with ongoing projects included, has come as a blow for the Haryana government. The government has kept the majority of ongoing projects out of RERA ambit. Union Minister for Housing and Urban Affairs stated yesterday that state … Continue reading “Bombay HC orders on RERA clobbered Haryana Government”

Recently, Bombay High Court reviewed the project completion rules under Maharashtra Real Estate Regulation and Development Act (MahaRERA). A remark has been passed while dissolving builder’s plea against the constitutional validity of RERA that MahaRERA Rules need to be changed. The remark was made with reference to Section 6(a) of the Maharashtra Rules 2017 that … Continue reading “Bombay HC dismissed the plea of builders against constitutional validity of RERA”

Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced that landowners, investors having an area or revenue share in real estate project to be treated as a promoter. The authority has also released a circular in regards to the same. The circular stated, till now a promoter was the person who constructs or converts a building … Continue reading “MahaRERA outspreads the definition of promoter in RERA”

Maharashtra Real Estate Regulatory Authority (MahaRERA) alleged that builders cannot blame the system to seek exemption from paying rectification to homebuyers for the delay in completion of projects. The regulator has authorized that the developer is not entitled to recover any money from allottees without approvals of the competent authority. With this, MahaRERA has re-established … Continue reading “System can’t be Blamed by Builders for delay in Delivery”