The Real Estate Industry in India has seen a drastic change after the Real Estate (Regulation and Development) Act, 2016 (RERA) coming into picture. Though the Act is applicable to all the states of the country but Maharashtra seems to be quickest amongst all. The Maharashtra Real Estate Regulatory Authority (MahaRERA) and the Adjudicating … Continue reading “Agreement to lease falls within the scope of RERA”
RERA Authority in Gurgaon, HRERA now going to begin its grievance redress system by holding the first hearing of complaints on March 27, 2018.
Till date MAHA RERA has disposed approx. 850 complainants and in majority the aggrieved home buyers got the relief.
In the rural area of Rajasthan (Jaipur), more than 50 projects are going on, out of which only 5 projects have registered themselves under RERA and rest are unregistered projects which are going on.
As per the data obtained from MahaRera authority new projects in Pune district have seen downfall. The district had seen registration of 3,550 projects in October, 3,717 in November and 3,843 in December.
In this detailed articled we are sheding some lights on some of the important points decided by UP RERA.
Karnataka (Real Estate Regulatory Authority) is the authority made for homebuyers so that they can get relief and developers cannot exploit them.
In Gurugram 300 complainants of homebuyers have been received by the authority but no judicial officer has been appointed to grant relief to complainant.
Chairperson of the state’s RERA on Tuesday said that the board on his watch would endeavor to resolve all the complaints within the stipulated time of 60 days.
Maha RERA has given ruling on one very important aspect which is about the applicability of RERA Act on properties which are on lease/rent.
the time has come in our economy where the redressal on aggrieved buyers can be resolved at the earliest as RERA, 2016
RERA Act, 2016 has been introduced which has provided a big relief and established separate authority to attend the grievance in real estate sector. Let’s understand the RERA laws and grievance redressal system in Gujarat.
In recent time, we have heard a lot about real estate frauds and irregularities in Noida, UP. Some of the builders has applied for insolvency.
The Government of Tamil Nadu has missed the deadline for the assurance of RERA Rules although a draft copy has been released which is subject to ratification.
The government has already taken several steps to promote digital payments and several other schemes launched by the government have paved the way to save more money.
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