The Delhi Bar Association has ordered the big four consulting firms i.e. KPMG, Deloitte, PwC and EY to refrain from indulging in legal practice with immediate effect.
The investigation started few months ago when a bunch of buyers filed a complaint with the EOW for alleged fraud in the project Erath Skygate located on Dwarka Expressway.
300 cases in the matter of incomplete projects and more than 3,340 complaints of buyers relating to more than 722 projects under Uttar Pradesh RERA.
Finally, the Real Estate regulation and Development Authority of Punjab has woken up to the plights of homebuyers. The authority became functional in August last year but due to the lack of infrastructure and information there were tremendous delays in getting the projects registered with the RERA authority. Armed with full knowledge the Punjab RERA … Continue reading “Punjab RERA issues notices to builders of unregistered projects”
The Greater Noida bench of the UP-RERA heard 31 complaints all against a Noida-based developer that has failed to deliver three projects in the past 10 years
The newly formulated UPRERA bench at greater Noida will become functional from 4th September and already has 4000 complaints filed with them for adjudication. The four members of the authority will look at the Maharashtra RERA authority for example in order to ensure speedy resolution of complaints. Maharashtra RERA authority ranks first in the country … Continue reading “UPRERA to take clues from MahaRERA model in order to ensure speedy resolution”
All advertising about real estate projects should have all necessary details such as name of the promoter and the project, RERA registration number and start and completion date.
Implementation of RERA is to secure justice for the homebuyers; that now all authorities are coming to full functionality in states all projects should be covered under the Act.
At present there are more than 4000 projects and 600 real estate agents being registered with the HRERA authority. Though the registration will not affect the remedy and a complaint can filed against any developer.
An awareness camp will be launched by the state RERA authority in order to make the consumers aware about the buyer’s rights under the Act.
Maharashtra RERA Authority has brought a sigh of relief for the homebuyers of PADMANABH which was being promoted and developed by the Darode Jog.
The states having the authority wherein it has 635 housing projects under its ambit and only 313 real estate agents have come under the purview of the TNRERA.
The state of Uttar Pradesh has brought a sigh of relief for the aggrieved homebuyers of Noida by formulating a RERA bench at Noida.
The Real Estate Regulatory Authority in Karnataka has come under fire from the aggrieved home buyers who have been left at the mercy of the builders. The Real Estate Regulation and Development act, 2016 under Section- 84 empowers the state to make rules in furtherance of the Act in order to implement the provisions of … Continue reading “Homebuyers left in lurch in Karnataka”
The state of Karnataka is yet to come out with the “Agreement of sale” (Aos) specified in the act. The Aos is come as boon for the home buyers