Development Authority officials and directions has been given to them to conduct the health audit of all unfinished projects, the main purpose of this audit is to find out the reason behind the stalled projects.
The UPRERA bench asked all the complainants to file their claims with the resolution professional appointed by the NCLT.
The newly formulated UPRERA bench at greater Noida will become functional from 4th September and already has 4000 complaints filed with them for adjudication. The four members of the authority will look at the Maharashtra RERA authority for example in order to ensure speedy resolution of complaints. Maharashtra RERA authority ranks first in the country … Continue reading “UPRERA to take clues from MahaRERA model in order to ensure speedy resolution”
UPRERA Authority is now setting up Greater Noida bench which would be functional soon in few days.
In the hue and cry of registration process after the implementation of RERA many builders were unable to provide all the documents and information while getting the project registered.
First arrest under the RERA. Anil Mithas, the promoter of IVR Prime IT Private Limited, was arrested on Friday after he failed to pay to the administration.
UP RERA recently took a massive step by issuing recovery notice against 5 builders who failed to abide by the orders made by the Authority.
UP RERA recently took a massive step by issuing recovery notice against 5 builders who failed to abide by the orders made by the Authority.
Real Estate (Regulations and Development) Act, 2016 came into force on 1st of May in 2017, to cleanup the mess in the Indian Real Estate Sector.
This is going to be an edge over benefit for the homebuyers as they can go directly to UPRERA office and file complaint against the builder.
Mr. Mukul Singhal, chairman of RERA in Uttar Pradesh, who is also the principle secretary of Housing and urban planning in UP said that the authority has received 900 complaints of which 600 are related to GB Nagar. While pacifying the consumers singhal said redress of complaints has started from November 13 and each complaint … Continue reading “UPRERA Step against Builders Register 900 Complaints, 600 of them on GB Nagar”
Section 8 of the RERA is an essential clause that guarantees the protection of homebuyers’ interests in the event that the registration of a real estate project is canceled or expires.
RERA Act grants the remedy to the homebuyers where they can file a complaint under section 31 of RERA Act and can claim interest for delay in possession by the developers. Homebuyers must seek legal assistance without delaying.
Kind of strong initiative by the authority gave a ray of hope to homebuyers as their rights are more protected now than ever. The authority is taking every possible step to avoid the violation of the provisions of the RERA Act and to protect the interest of the homebuyers.
According to RERA, grievances filed with the authority must be resolved within 60 days of filing. Complaints have been settled more quickly via the conciliation forum than through the authority. It also cuts down on the expense and time of litigation.
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