Builder cannot evade from penalty claiming the project to be new
The on-going projects cannot come under the category of the new projects only for the purposes of not paying the penalty against the delay in registering an on-going project.
The on-going projects cannot come under the category of the new projects only for the purposes of not paying the penalty against the delay in registering an on-going project.
The builders started offering alternate flats or apartments instead of the original one promised as this trick is now becoming the norm for many builders.
The legality of the offers of the possession by the builder in case no OC has been received by them from the concerned authority had been discussed and pronounced.
The Maha RERA authority has ordered builder cannot take the defense of force majeure clause for financial crisis and lack of approvals in any project.
RERA has been made as the singular authority to deal with the grievances arising out of the real estate sector but there still exists a question. a brief article on NCDRC or RERA.
The Real Estate (Regulation and Development) Act, 2016 came into existence last year with the sole motive to safeguard the interest of the aggrieved home-buyers but as RERA complaints in various States are rising up simultaneously pertinent issues or questions related to the litigation are also going up. Lately, few incidents have happened, wherein home-buyers … Continue reading “RERA: What if the civil court has already decided the matter before the RERA implementation?”
The builders are taking force-majeure clause in the agreement as an excuse to escape their liabilities and get rid of the demanded claims.
HRERA: Haryana RERA had imposed a penalty of rupees 5 Lakh on Parsvnath Developers for not following its orders.
Reserve Bank of India Governor Urjit Patel put his signature to a historic order for recovering over Rs 3 lakh crore from the top 12 defaulters, just 10% is in banks
Complaint filed against the developer Shahaji Javir for delaying the possession for a period of 9 long years of the flat booked in Nitin Enclave at Airoli in the month of June of year 2018.
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.
MahaRERA Authority has passed an order against a developer for non-complying with the mandatory disclosure norms under section 4 of the RERA Act, 2016.
In this article we have discussed about liquidation, its initiation, contents and when Adjudicating Authorities can pass an order for it.
In the course of implementation of RERA Act 2016, the Authorities face various unique challenges in deciding over the question of law or question of fact every day.
RERA does not speaks about the alteration of the terms and condition of the agreement to sale but if there is any contradiction, it is understood that law will prevail.