Duties and Liabilities of a Promoter under RERA
A promoter should consider the future security of the buyers. Therefore, a promoter ought to give protected and right quality land administration to their expected clients.
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How to Execute UP-RERA Order
RERA has a swift dispute resolution system which shows aggrieved a ray of hope in getting justice on time. What’s next once you get the RERA order in your favour?
UP-RERA has decided to issue a show-cause notice against Supertech Realtors
UP-RERA has expressed contentions to issue a show-cause notice to Supertech Realtors under Section 5 (1) of the RERA Act, 2016 to describe why the application for registration should not be refused.
RERA- The Complete Machinery
Main purpose of the Act lies in enhancing the Transparency between buyer and builder and creating a strong adjudicating system for the disputes arising in real estate sector.
UP-RERA TO CONDUCT ONLINE LOK ADALAT TO SETTLE THE DISPUTES OF THE HOMEBUYERS
Lok Adalat will be held online and complaints filed before the UP-RERA under Section 31 of the RERA Act in which amicable settlement is possible or a party has filed an application for settlement will be heard.
Mediation Helps Settle Dispute between Builder and Homebuyers
Disputes between builders and homebuyers in the Maharashtra that went to mediation were successfully settled, preventing time-consuming litigation in RERA Authority.
IF THE BUILDER IS REFUSING TO PROVIDE YOU THE DOCUMENTS, RERA MAY HELP YOU
TN-RERA has recently passed an order to the builder to refund the amount with interest along with Rs. 75,000 for compensation and litigation expenses against the Developer for not providing the documents.
What are Rehabilitation Scheme for Stalled Projects under UP RERA
One of a kind orders that transformed a stalled project into a Rehabilitation project under Section 8 of the RERA.
Completion Date of Real Estate Projects Extended- What does it mean for Homebuyers?
The homebuyers who were to get their homes anytime soon have to now at least wait for another period of 6 months or maybe 9 after the extension of real estate projects’ completion date.
UP-RERA to grant relaxation to developers only after being functional
RERA Authorities being regulators are trying to help the Developers in one form or the other. Maharashtra & Karnataka-RERA have already given a three-month extension to registered projects.
Retroactively Application of RERA Act in lieu of False Advertisements
MahaRERA Appellate Tribunal gave its much-awaited order in writing, in favor of home buyers by setting aside the earlier order by MahaRERA that Section 12 of RERA does not act retrospectively.
Interest for Delayed Period of Possession to be calculated from date of default of Handing over Possession
The promoter is under obligation to pay interest on the amount paid by allottee from the date of payment till the possession is handed over to allottee.
Withdrawal from Project not Allowed under Consent Terms
It was observed that once the complainant has given the aforesaid consent he cannot withdraw it as respondents have acted upon the same.
First RERA Executing officer appointed in Madhya Pradesh
The government of Madhya Pradesh had amended RERA state rules for the appointment and issued a gazette notification regarding the same.
Karnataka RERA Compliance for Builders
States were directed to establish a regulatory authority, whose work was to overlook the registration process and ensure compliance of the policies of the state.
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