If there is no assured return plan incorporated into the builder buyer agreement entered into between the homebuyer and builder then the homebuyer had to approach RERA to seek refund.
Category: RERA Consulting
Noida: UPRERA survey expects delivery of 40,000 flats
The all the steps taken by the UPRERA Authority is now finally giving some lucrative results and the long wait of the home-buyers might come to an end.
Registration of sale agreements are mandatory if homebuyers want interest
The UPRERA asked the builders to get their sale agreements registered, which will be necessary for the home buyers to seek interest in case of a delay in granting possession by a developer.
MahaRERA: Multiple proceedings pertaining to the same issue shall not be entertained
The Maha-RERA has dismissed the complaints filed by the homebuyer multiple times with respect same issue.
UPRERA gets Tough: Lists 10 projects for deregistration
UPRERA Authority shorlisted 10 housing project in Noida and Greater Noida, which may be deregistered within this month for the reasons of delays and non-compliance of the orders passed by the Authority.
New Year to bring changes in RERA
Central government is looking forward to bring a (removal of dificulties) order under section 91 of Real Estate and Regulation Act 2016.
Does RERA Authority have the power to grant interest?
In many complaints, the builder contends that “Interest” is in the nature of compensation and it has to be decided by the Adjudicating officer and RERA Authority does not have any jurisdiction related to the decision of granting interest.
The sorry state of execution at Gurugram Bench of HRERA
Gurugram bench of HRERA (Haryana RERA) fails to implement execution process despite being functional for close to one year.
Right, duties and Liabilities of the homebuyers under RERA
The home-buyers should be aware of all the rights and duties they have so that they can secure their property investment.
HRERA: Buyers of abandoned project have superior right to satisfy claims
Aggrieved homebuyers from the Piyush colonizer esteemed developer in the past started a housing project in the City of Faridabad, approached the HRERA bench stating their grievance.
HRERA orders Orris Infrastructure for completion of the Project
RERA Authority of Gurgaon has given the way out in the matter and finally, the home-buyers of the project can expect some results on the ground.
Relief for the Homebuyers under Insolvency and Bankruptcy Code, 2016
The homebuyers can file a petition against the builder or developer to commence Corporate Insolvency Process or not.
Claims to be filed by homebuyers in case the company of builder goes under Insolvency
Homebuyers to file the claim under IBC rather than adopting a way which is not legally realistic wherein the insolvency orders are passed against the builder’s company.
Status of Homebuyers under IBC and its Mechanism
Homebuyers who have been assured of committed returns from the developer could trigger IBC as a financial creditor under section 7 whereas all the homebuyers have been granted the right to represent themselves as a participant of the committee of creditors.
RERA: Revocation of RERA Registration of the Builders
The question arises whether after granting the registration the authority can cancel or revoke it if the promoters are not complying with the requirements of the Act or the Rules?

join For Updates