There are many uncompleted projects which are still lying abandoned or molding into structures at a very slow pace.
Category: Business Advisory
RERA should remain the same for next few years
RERA Act, 2016 and further with more positive reforms a new face of real estate sector free from all encumbrances will evolve.
UP RERA issues notices to 12 builders for diversion of funds
UP-RERA authority has issued show cause notices to 12 builders who have allegedly diverted funds worth 3000Cr to 4000Cr and have delayed completion of housing projects.
Homebuyers in Karnataka stand against dilution of RERA
A large number of aggrieved homebuyers took out a large procession against the dilution of RERA by the state government of Karnataka.
MahaRERA to regulate quality of construction
MahaRERA which completed a year on May 1 this year is the most progressive authority in India. The authority beyond giving remarkable orders is also trying its best to play the role of regulator.
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’.
RERA- The story so Far
Almost 18 months have passed since the enactment and the central government as well as concerned state governments are far from the intended mark of implementation.
UPRERA: Formation of an association to complete the unfinished project
RERA Authority has decided to form a tripartite committee for the completion of the project. It was also decided by the officials that the committee will constitute a member of UP-RERA, one representative of home buyers and one of builder.
RERA is the preferred authority in the eyes of Home-Buyers
RERA now has become the most preferred authority where the aggrieved home-buyers can reply upon for the redressal of their grievances.
RERA Authority may supersede NCDRC
As per the RERA laws, no civil court has the jurisdiction to entertain any suit or proceedings which is empowered to be entertained RERA Authority only.
RERA: Delhi now has its full time RERA Authority
Delhi has its own full-time real estate regulatory Authority, whereas till now the vice-chairman of the Delhi Development Authority (DDA) was acting as an interim regulator of the Delhi RERA.
RERA ordered refund even if there is a dispute between builder and land owner
The RERA ordered the builder to refund the entire principal amount along with interest of 15% per annum to be compounded quarterly from the dates of deposit to the date of refund should be refunded in three instalments by the company
Role of RERA Authority for Completion works
The matter of Shubhkamna in Greater Noida wherein the Authority has asked for a plan for the association of buyers to facilitate the complete works of the remaining project.
GujRERA: RERA Complaint Redressal in Gujarat
The Gujarat RERA has been able to solve the grievances of more than 65 Complainants by disposing off their cases in fast track manner within a tenure of one year only.
An overview of RERA implementation in Gujarat
After the implementation of the RERA Act, the State of Gujarat has notified its final Gujarat RERA Rules, 2017 on 29.10.2016 which prescribes regulation, form and process.

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