Insolvency Petition against Emaar MGF Land Ltd.
The Hon’ble National Company Law Tribunal (NCLT) has admitted the Insolvency Petition against the EMAAR MGF Land Ltd. filed by one of the homebuyers i.e. Mr. Neeraj Gupta.
Search Results for: Builder Buyer Agreement
Should RERA Authorities grant refund to the every complainant?
The officials of the UPRERA Authority have decided not to encourage refund if the project is not stalled and have the potential of getting finished and delivered.
MahaRERA rules on applicability of section-12 and 18 of RERA
While dismissing the complaint the authority observed that both the Section i.e. 12 and 18 operate at two separate times of the transaction.
HC issues notice to center over discrepancy in RERA
The Hon’ble bench Division Bench of Justice Mahesh Grover and Justice Lalit Batra after hearing the arguments on behalf of the petitioners have issued notice to Union of India.
MAHARERA: Auction of the Property to recover the Money of allottees’
Maha-RERA issued a revenue recovery warrant and sent it to the Thane collector. And was forward to the Tehsildar of the area for property sealing and auctioning to recover the money.
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.
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.
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.
Stuck in Subvention Schemes? Remedies under RERA
Subvention Scheme, which supports the home buyer financially to invest in a property. But are these schemes even benefitting the home buyers or causing great losses to them.
Offer of possession without getting Occupancy Certificate
The legality of the offers of the possession by the builder in case no OC has been received by them from the concerned authority had been discussed and pronounced.
Delay in Possession? Numbers justify implementation of RERA
Delayed possessions or no possessions at all and even in cases where apartments were given the amenities promised were lacking or not at all present in the developed projects.
HRERA: RERA will have a watch on the delayed project of Greenpolis
The HRERA Authority, Gurgaon has become operational in the month of March 2018 but having said that, it has now started giving some landmark decisions.
RERA: What if the civil court has already decided the matter before the RERA implementation?
The Real Estate (Regulation and Development) Act, 2016 came into existence last year with the sole motive to safeguard the interest of the aggrieved home-buyers but as RERA complaints in various States are rising up simultaneously pertinent issues or questions related to the litigation are also going up. Lately, few incidents have happened, wherein home-buyers … Continue reading “RERA: What if the civil court has already decided the matter before the RERA implementation?”
RERA: Conceptualization of Transparency & Efficiency in Real Estate Sector
A true picture of RERA shows that RERA is an all – embracing protector and promoter of the real estate sector including the developers and real estate agents.
RERA Karnataka- Permanent Approval vs Provisional Approval
More than 400 projects were operational and many of them were on the verge of completion on the basis of provisional approval granted to the developers.
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