Judicial officer not yet appointed in Gurgaon RERA Bench
In Gurugram 300 complainants of homebuyers have been received by the authority but no judicial officer has been appointed to grant relief to complainant.
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Maharera: Six developers fined for not following the rules under the RERA Act
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
Over 400 Real Estate Projects registered on Haryana’s RERA Website likely to be launched next week
Haryana Government passed RERA in Haryana. But, the website for the RERA Registration in Haryana has not been made functional yet.
After implementation of RERA: Only 5 Completion reports issued in 18 Months
Mysuru City Corporation on Tuesday said, only five Completion Report’s (CR) issued of the Real Estate Regulation and Development Act in the last 18 months by MCC
Formulation of Real Estate Forum by MahaRERA and CREDAI
A Real Estate Forum has been formalized by the MahaRera in association with Confederation of Real Estate Developers’ Associations of India
Property on Lease are not covered under RERA Act
Maha RERA has given ruling on one very important aspect which is about the applicability of RERA Act on properties which are on lease/rent.
2 Months on, RERA Benches still remains vacant
Since the Haryana government appointed two IAS officers as chairpersons of twin RERA benches, they are yet to accept charge because of pending “technicalities”, keeping the much-anticipated authorities from becoming completely functional.
RERA will not entertain the redevelopment issue of Housing Societies
In this article we are going to discuss that the enactment of RERA Act, 2016 going to give some relief to redevelopment of housing societies or not.
RERA a boon in Maha: Quick case disposals, 79% rulings in favour of homebuyers, shows study
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has proved to be of great advantage for homebuyers.
Will The Unhappy Home Buyer Return To Under-Construction Properties?
The government is undertaking efforts to establish homebuyers’ confidence for committing to under-construction homes by encouraging states to implement RERA, which would protect the buyer’s interests
RERA vs. Arbitration
The RERA is going to override the arbitration clause in the agreement. And keeping the same in view it is advisable to the aggrieved home- buyers that they should reach before RERA
GOA RERA LAUNCH WEBSITE on Monday: Covering Story
Goa RERA website launch, builders in rush to register their projects, buyers in rush to file their complaints. Let’s understand why?
Banks can take advantage of the IBC to easy up their balance
The Reserve Bank of India has suggested banks to report for insolvency complaints on their very own rather than watching for its commands.
Conciliation pick for home buyers from Jan before RERA plaints
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.
Builders not liable to pay for ‘justified’ delays: MahaRERA
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”
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