The Real Estate Regulation and Development Act (RERA) should have been enacted earlier to check the malpractices of builders, Prime Minister Narendra Modi said on Wednesday, following the Supreme Court’s stay on an NCLT order suspending real estate major Unitech directors and allowing the government to appoint its nominees in their place.
After the RERA Act, 2016 let have the view the effect of the enactment on Himachal Pradesh.
How to file RERA complaint or complaint before RERA against builder, or complaint before State RERA, we need to understand the brief of RERA laws, its purpose and other points.
India’s largest realty firm DLF Limited has proclaimed downfall of 58% in its consolidated net profit at Rs 109.01 crore for the quarter that ended June.
1st of May 2017 marked as a revolutionary date in the history of Real Estate sector as on this date “The Real Estate (Regulation & Development) Act” had come in force.
As per section 3 and 4 of Real Estate (Regulation & Development) Act, 2016 (REDA) readwith Rule 3 of above rules, no promoter/developer can sell, advertise, market, book
Karnataka government is sweating bullets about BJP biases towards RERA (Real Estate Regulatory and Development) Act.
As per central government recent press release, it is clarified that no developers shall be allowed to market their projects without getting registration under Real Estate Regulatory Authority (RERA).
Before the RERA, Real Estate Agents were not required to get their business registered and thus resulted into many manipulation and fraudulent activities