Ponzi Scheme- A form of fraud in which an apparent businessman allures the investors and pays profit to them and to earlier investors out of the money received from the new investors.
Category: RERA Consulting
Bihar RERA getting stringent regarding RERA Compliance in the State
A clear evidence of the harsh reality which is prevailing in the state of Bihar that most of the builders in the state are willingly avoiding the compliance with the provisions of RERA.
On Real Estate transparency index India moves 35th spot
It took 2 years to India to moves one spot up from 36th to 35th in the global real estate sector, despite the RERA Registration Act.
HRERA: Applicability of RERA on registration of projects if occupancy certificate has been applied
Occupancy Certificate has been obtained & Completion Certificate has been/ is to be applied/ obtained– Registration of project under RERA is not applicable
UPRERA: More than 1500 projects in Uttar Pradesh may be penalized
In the hue and cry of registration process after the implementation of RERA many builders were unable to provide all the documents and information while getting the project registered.
RERA in last one year for homebuyers
This is not compulsory that all RERA registered projects are investment worthy ,there are many projects registered under RERA on which investing money will become the worst decision of your life.
Gujarat government makes more rules for strict compliances of GUJRERA
The RERA department of Gujarat government is working to give the practical shape of RERA Rules what is meant to be.
HRERA: RERA fined Parsvnath with rupees 5 lakh for not following his orders
HRERA: Haryana RERA had imposed a penalty of rupees 5 Lakh on Parsvnath Developers for not following its orders.
UPRERA: Builder arrested for not paying back the money
First arrest under the RERA. Anil Mithas, the promoter of IVR Prime IT Private Limited, was arrested on Friday after he failed to pay to the administration.
RERA and the IBC to the rescue of homebuyers
The IBC (Amendment) Bill 2017 was passed by the Lok Sabha to form the base for covering loopholes in prevailing code and to increase the effectiveness of the resolution.
New IBC Ordinance effect on RERA
The purpose and the objective for Enacting IBC is different as Compared to RERA Act, which explicitly focuses in resolving land sector disputes.
MahaRERA: Mumbai Homebuyers, MahaRERA Orders A 7.10 Crore Payout!
The recent order passed by the Bombay High Court is remarkable as it conceivably covers a noteworthy loophole in the real estate regulations.
RERA Complaints against unregistered RERA Projects
The Real Estate Regulatory Authority Mumbai is experiencing a rough task in handling with housing ventures that are not registered under RERA, over which it has no control.
MahaRERA: RERA Authority is very strict on the RERA Compliance part by the Builders
Being the leading State MAHARERA is very strict on the builders as far as the RERA compliances are concerned, in Maharashtra, a promoter should update the progress report of the project on the MAHARERA website
West Bengal Deviates its RERA rules from Central Act
Real estate projects under RERA Act has gotten a difficulty as West Bengal government has articulated its own law for the part in the state.

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