The UP-RERA (greater Noida) has proposed to create a stress fund to complete such pending projects. The same shall be put before the board of Lucknow for deliberation and thereafter it shall be sent to the UP Government.
Real Estate Regulatory Authority in Uttar Pradesh orders Forensic audit of errant developer 3C.
The RERA laws explicitly says that the appropriate government shall only make rules for the smooth functioning of the act and it does not say anything about States powers to dilute the Central law.
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.
Builder-buyer agreement being a pivotal document is pertinent to the RERA Legal proceedings as based on this agreement the cases may take a turn in favor or against.
A 30 member Central Committee has been established to safeguard the rights of homebuyers under the Real Estate Regulation and Development Act (RERA).
There is changes in the Haryana RERA Rules the developers who registered themselves under the RERA Act may ask for a refund for RERA Registration fee.
RERA Karnataka- The builders who failed to register themselves with RERA Authority are barricaded from advertising, marketing, booking, selling or offering to sell any plot, apartment or building.
The Crucial States already notified RERA (Real Estate Regulatory Authority) Registration by launching RERA website where Uttar Pradesh
As per the information, The draft rules of the Haryana Real Estate Regulatory Authority (H-RERA) are set to come into effect from July 1. The town and country planning (TCP) department will soon submit a report on the draft rules to the government for them to be notified.