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.
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.
The IBC ordinance is the latest entry into the ring. What does it hold for homebuyers like you and me? A lot.
Homebuyers who are the senior citizens and have booked their own house through their savings instead of living with their children want effectively implementation of RERA.
Builders in Uttar Pradesh will be charged under UP Gangsters and Anti-Social Activities (Prevention) Act, 1986 for the muddling with the money of homebuyers and not adhering with the laws.
Since the Haryana government appointed two IAS officers as chairpersons of twin RERA benches, they are yet to accept charge because of pending “technicalities”, keeping the much-anticipated authorities from becoming completely functional.
The government is undertaking efforts to establish homebuyers’ confidence for committing to under-construction homes by encouraging states to implement RERA, which would protect the buyer’s interests
Buyers will get a more transparent property search, sourcing and purchase experience with the legislation being followed in letter and spirit.