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

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”

Among many harsh provisions for builders, Maha-RERA relief to builder community is on its last phase.

Whether deliberately or not the Karnataka Government is still failing to come to any conclusion regarding the implementation of RERA rules. Although the cabinet chief secretary Subhash Chandra Khuntia quoted “We will definitely take a final call at the next meeting”. According to law minister TB Jayachandra the reason for deferment is that the chief … Continue reading “RERA Decision Still Pending, Postpone by the Karnataka Cabinet”

The new rules, bring all ongoing projects where completion certificate was not issued on May 1, 2016, when Real Estate Regulation Act (RERA) was notified under its ambit.

MahaRERA has imposed a fine of Rs. 1,20,000 on Sai Estate Consultant, for advertising unregistered real estate project of Haware Builders and misleading the consumers.

The Ministry of Housing & Urban Poverty Alleviation has notified all Sections of the Real Estate (Regulation & Development) Act, 2016 and it is coming into force from today i.e. May 1, 2017 and with this a new era of development of real estate sector begins in an atmosphere of investor confidence.