Tags Amendment under IBC, Tags bankruptcy, category of the financial creditors, execution of RERA orders

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”

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

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

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”