Relief for Builders in Gujarat: RERA Authority grants Extension to Registered Projects 

GujRERA authority has extended benefit to more than 80% of the ongoing projects across the state which are likely to be completed in the next four years. 

Karnataka RERA extends the completion deadline of registered projects by 3 months

Karnataka RERA has given a deadline extension of three months to all registered ongoing Real Estate Projects across the State.

Promoter can transfer project to third party

Due to the unavailability of funds from banks and developers getting bankrupt, small developers will get into joint ventures, mergers, and acquisitions for their survival within the market.

Stress Funds: A lifeline for stopped Project

Real sector is backbone of economy; hence Government is doing every best either in way to introduce new laws or new AIF funds. We advice to make best of this opportunity. 

Insolvency Process starts against Rohtas Projects

This article is all about the insolvency process which has been initiated which may include filing of claims, acceptance of claims, making of the committee of creditors and resolution plan

Quality check are must for RERA Registered projects

The quality certificate as under Form 2A and by this the entire process will become transparent and everyone will be assured of the quality of the projects.

RERA: No advertisement of the project without RERA Registration

Issues arise that if the project is a new project then it is mandatory for the promoter to get it registered before marketing the same. But what if the project is an ongoing project?

Mumbai Grahak Panchayat launches portal to track non-RERA registered projects

Mumbai Grahak Panchayat has come with a solution wherein it has launched a portal that will enable buyers to upload information of ongoing residential projects

Haryana RERA decision regarding Project Registration

Some points have been discussed by Gurugram Bench of Haryana RERA has, in the case where the basic principle regarding the registration of project with RERA has been decided.

Mere filing of application for OC and CC doesn’t exempt project for RERA Registration

A judgement passed by the HRERA, Gurugram Authority, wherein it has been clarified that mere filing of application for OC and CC does not exclude the project for registration under RERA.

OC Received for the partial project- RERA Ambit

There is still confusion about which project falls under the ambit RERA; what if the partial Occupation certificate has been received by the builder for any project, will it be out of RERA Ambit or not?