Aggrieved homebuyers from the Piyush colonizer esteemed developer in the past started a housing project in the City of Faridabad, approached the HRERA bench stating their grievance.
RERA Authority of Gurgaon has given the way out in the matter and finally, the home-buyers of the project can expect some results on the ground.
MahaRERA had setup a Conciliation Forum for aggrieved homebuyers who can approach the forum to get their grievances solved, before lodging complaints with the MahaRERA.
RERA now has become the most preferred authority where the aggrieved home-buyers can reply upon for the redressal of their grievances.
Although, the home-buyers are taking a sigh of relief but what if there is no Builder-Buyer agreement executed between the Builder and buyer.
No sale or purchase of an apartment building or plot shall be facilitated by the agent in any Real Estate project until the agent registers himself under RERA.
The authority has received close to 1,150 complaints from the district of Gurugram against builders for delay in various projects. In lieu of the same in September alone the authority has issued notices to almost 52 builders.
RERA Authorities are functional in almost all states. The authorities though being on nascent stage are trying their best to deliver justice to all the aggrieved homebuyers.
The builders started acting smart and cancelled the allotment on this pretext but never returned the money collected from the buyers.
A brief and helpful article on RERA and FIR for the homebuyers out there who are cheated by builder and still waiting for the possession.
The purpose and the objective for Enacting IBC is different as Compared to RERA Act, which explicitly focuses in resolving land sector disputes.
Maharashtra housing and slum rehablitiation are not yet covered under RERA, it has been in all over news that RERA has proposed to include these projects under its ambit.
Maharashtra Government has decided to bring in tenanted or cessed buildings under RERA. The motive to include these building under RERA ambit is to provide protection to the consumers
MahaRERA: Maharashtra is the only state to set up a Conciliation Forum as an alternative platform for home buyers and developers to resolve disputes outside the Court.
MPRERA authority refused to provide pro buyer relief over the issue of maintenance of project whose possession rests with the buyers already, citing non-specific provisions for the same.
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