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.
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has created a forum of 33 conciliators to set up 15 groups containing two individuals each
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
The principal secretary of housing and urban planning and the interim chairman of Real Estate Regulatory Authority (RERA) went to the Ghaziabad Development Authority
Looking back at 2017 in terms of real estate and economy it has been an eventful year wherein finally after the market was in a complete mess the RERA.
The State government in Hyderabad lags behind in setting up RERA Authority and State RERA website which came as a bottom dollar for homebuyers and builders.
New Delhi: The Supreme Court on Wednesday stayed an order of the National Company Law Tribunal (NCLT) that allowed the government to take control of troubled builder Unitech Ltd by suspending its board. “NCLT should not have passed the order. We direct the stay of the order dated 8 December,” said Chief Justice Dipak Misra. The … Continue reading “Supreme Court stays NCLT order allowing government to take control of Unitech”
New Delhi: The Supreme Court on Thursday refused to grant extension of time to Jaiprakash Associates Ltd (JAL) to deposit Rs125 crore. The amount is to be deposited by the end of this month. JAL was seeking time until 31 January to deposit Rs125 crore. As of now, the company’s liability is Rs1,525 crores. “Comply with … Continue reading “SC refuses to grant more time to Jaiprakash Associates for depositing Rs125 crore.”
In protest against builders under the Real Estate Regulatory Authority (RERA) consumers established their own forum “Fight for RERA” comprising of homebuyers. The forum touts the RERA Authority not to grant stretch to builders who have already delayed their projects. The forum feels that any further stretch will violate the said RERA Rules. It was … Continue reading “Consumers want “No Stretch for Builders” in Delayed Projects”
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.
Homebuyers who have been martyr in the realty sector can now take a deep breath as the focal point of RERA Act is to safeguard the interest of homebuyers.
The State Government has provided a stretch to builders in Goa for ongoing projects to be registered under RERA, even though the Central Government refused to stipend the extension.
Aam Aadmi Party hit on the State Government and deemed that Haryana RERA is in one breath with developers which is why the diluted RERA has spared them.
Buyers will get a more transparent property search, sourcing and purchase experience with the legislation being followed in letter and spirit.
The government has already taken several steps to promote digital payments and several other schemes launched by the government have paved the way to save more money.
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