The Maharashtra Real Estate Regulatory Authority (MahaRERA) Appellate Tribunal has revealed a cooked up story of a builder.
Unitech stated before the H-RERA that the issues mentioned by the residents will be solved soon and the payment of 11 crores will also be paid back in due course.
UP RERA recently took a massive step by issuing recovery notice against 5 builders who failed to abide by the orders made by the Authority.
Real Estate (Regulations and Development) Act, 2016 came into force on 1st of May in 2017, to cleanup the mess in the Indian Real Estate Sector.
The Companies (Registration Offices and Fees) Second Amendment Rules 2018 has been notified on 7th May 2018.
The government must amend the IBC to recognize the legitimate claim of home buyers. After all, they use their lifetime savings to invest in a house.
The government plans to have more benches of the National Company Law Tribunal on the basis of case load and rising number of insolvency cases coming up before the NCLT.
As we all are aware that the government has recently launched a web service RUN (Reserve Unique Name) for reserving name of a proposed company
Punjab RERA has issued notices to nearly 50 developers for not registering themselves and their projects with the authority till date.