Deregistered Projects and Homebuyers- The Road Ahead
This is the first time that a RERA Authority has ordered the deregistration of a project on the grounds given under section 7 of the RERA Act, 2016.
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RERA to take over the completion of abandoned projects
The builders who have just simply vanished or are in jail or have eloped due to major bungling done by them, the judicial process of such projects becomes a little difficult.
Registration of sale agreements are mandatory if homebuyers want interest
The UPRERA asked the builders to get their sale agreements registered, which will be necessary for the home buyers to seek interest in case of a delay in granting possession by a developer.
RERA: Revocation of RERA Registration of the Builders
The question arises whether after granting the registration the authority can cancel or revoke it if the promoters are not complying with the requirements of the Act or the Rules?
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?
Assured Returns: Not for Real Estate Projects
The Gurugram RERA known as H-RERA is about issue a notification for the builder who are trying attracts the home buyers by making an offer of ‘Assured Returns’.
Can builder escape from the RERA Registration?
TNRERA has come to the conclusion that the builders/promoters are not allowed to split the project until the consent from the two third buyers of the project have been obtained.
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
Punjab RERA issues notices to builders of unregistered projects
Finally, the Real Estate regulation and Development Authority of Punjab has woken up to the plights of homebuyers. The authority became functional in August last year but due to the lack of infrastructure and information there were tremendous delays in getting the projects registered with the RERA authority. Armed with full knowledge the Punjab RERA … Continue reading “Punjab RERA issues notices to builders of unregistered projects”
Occupation and Completion certificate to be withdrawn in case of incomplete projects: Haryana RERA
The RERA Act mandated registration with the newly formulated state RERA authorities but the rebate was given to projects which have already procured occupation and completion certificates.
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.
New Mechanism to be developed for completion of projects in Gurugram-HRERA Chief
At present there are more than 4000 projects and 600 real estate agents being registered with the HRERA authority. Though the registration will not affect the remedy and a complaint can filed against any developer.
No sale to take place without registration with the RERA authority
An awareness camp will be launched by the state RERA authority in order to make the consumers aware about the buyer’s rights under the Act.
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.
Gurgaon RERA Authority clarifies the rules for project registration
The Gurugram bench of RERA has clarified the rules for registration of projects in the state of Haryana.
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