Completion Date of Real Estate Projects Extended- What does it mean for Homebuyers?

The homebuyers who were to get their homes anytime soon have to now at least wait for another period of 6 months or maybe 9 after the extension of real estate projects’ completion date.

MahaRERA extends the registration of Real Estate Projects by 3 month

Due to nation wide lockdown MahaRERA extended the period of validity for registration of all registered Real Estate Projects by 3 Months.

Assured Returns: Not for Real Estate Projects

The Gurugram RERA known as H-RERA is about issue a notification for the builder who are trying attracts the home buyers by making an offer of ‘Assured Returns’.

UPRERA: Health Audits of under constructed Real Estate Projects

Development Authority officials and directions has been given to them to conduct the health audit of all unfinished projects, the main purpose of this audit is to find out the reason behind the stalled projects.

Insolvency Proceedings Limited to Individual Project and not other Projects of Real Estate Company: NCLAT

The NCLAT held that CIRP against Real Estate Company shall be limited to Project concerned and will not affect other projects of the developers.