Should Home Buyer under RERA be given preference under Insolvency And Bankruptcy Code, 2016
IBC and RERA Act, enacted in 2016, appear to be pitted against each other as far as protecting the interests of bankers and home buyers are concerned.
IBC and RERA Act, enacted in 2016, appear to be pitted against each other as far as protecting the interests of bankers and home buyers are concerned.
The builders started acting smart and cancelled the allotment on this pretext but never returned the money collected from the buyers.
The delay in projects got converted from months to years shattering the dream of owning a home of many homebuyers. A detailed article on how to get refund from the builders under RERA.
A brief and helpful article on RERA and FIR for the homebuyers out there who are cheated by builder and still waiting for the possession.
First arrest under the RERA. Anil Mithas, the promoter of IVR Prime IT Private Limited, was arrested on Friday after he failed to pay to the administration.
Maharashtra housing and slum rehablitiation are not yet covered under RERA, it has been in all over news that RERA has proposed to include these projects under its ambit.
The Gujarat RERA has come up with some latest amendment introducing new procedure for complaint filing and redressal. It introduced necessary changes through regulations and amendments.
Both the IBC and RERA have the provisions where the probability for the conflict in their operations are very high.
The growth of Real Estate Sector, Implementation pf RERA, Slow growth in Real Estate Sector after the RERA implementation.
RERA Authority in Gurgaon, HRERA now going to begin its grievance redress system by holding the first hearing of complaints on March 27, 2018.
Till date MAHA RERA has disposed approx. 850 complainants and in majority the aggrieved home buyers got the relief.
Karnataka (Real Estate Regulatory Authority) is the authority made for homebuyers so that they can get relief and developers cannot exploit them.
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.