Review Maharashtra RERA project completion rules: Bombay High Court

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”

Conciliation pick for home buyers from Jan before RERA plaints

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”

Fraud by the Builders

This article is going to shed some light on the list of the frauds by the builders. These frauds have become the front pages’ news and buyers are now in fear that what if they face the same issue.

HOW MAHA – RERA PROVIDES GREAT TRANSPARENCY TO REAL ESTATE SECTOR

Government of Maharashtra notified RERA rules and established Maharashtra Real Estate Regulatory Authority (Maha-RERA), vide Notification dated 8 March 2017, for regulation and promotion of real estate sector in the State of Maharashtra.

RBI precautions for bank accounts under Jan Dhan Yojana

For protecting the innocent farmers and rural account holders of PMJDY from activities of money launders and legal consequences under the Benami Property Transaction & Money Laundering laws, RBI has been decided to place certain limits, as a matter of precaution, on the operations in the PMJDY accounts funded through deposits of Specified Bank Notes … Continue reading “RBI precautions for bank accounts under Jan Dhan Yojana”