Financial Institution to comply with RERA provisions
If the collection from allottees in a particular month is less than the installment due to be paid to the lender, the entire amount in the escrow account reportedly goes to lenders.
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UPRERA: RERA Authority may take over the unfinished project
The UPRERA authority planning to cancel the RERA registration or take over the projects if the concerned builders don’t come around finishing the projects.
Newly Formulated Greater Noida Bench of RERA- The story so far
Western UP Bench of RERA- After looking at the bulk cases in the state a bench was made operational in the city of Noida on 4th September, 2018.
IBC hits the realty sector- will it alter changes in this sector too?
The IBC ordinance is the latest entry into the ring. What does it hold for homebuyers like you and me? A lot.
UP Government orders arrest of 8 Builders in Noida
Uttar Pradesh (UP) Government set up a group of ministers to scrutinize the disarray in Noida’s real estate sector. The committee on Monday ordered the arrest of arrest 8 builders for not delivering 5,000 flats to homebuyers. In the month of September, police had lodged 13 FIRs against 6 builders with projects in Noida and … Continue reading “UP Government orders arrest of 8 Builders in Noida”
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