RERA Authority has decided to form a tripartite committee for the completion of the project. It was also decided by the officials that the committee will constitute a member of UP-RERA, one representative of home buyers and one of builder.
RERA now has become the most preferred authority where the aggrieved home-buyers can reply upon for the redressal of their grievances.
Development Authority officials and directions has been given to them to conduct the health audit of all unfinished projects, the main purpose of this audit is to find out the reason behind the stalled projects.
The UPRERA bench asked all the complainants to file their claims with the resolution professional appointed by the NCLT.
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”
The state of Uttar Pradesh has brought a sigh of relief for the aggrieved homebuyers of Noida by formulating a RERA bench at Noida.
UPRERA Authority is now setting up Greater Noida bench which would be functional soon in few days.
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.
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.
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.
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.
Mr. Mukul Singhal, chairman of RERA in Uttar Pradesh, who is also the principle secretary of Housing and urban planning in UP said that the authority has received 900 complaints of which 600 are related to GB Nagar. While pacifying the consumers singhal said redress of complaints has started from November 13 and each complaint … Continue reading “UPRERA Step against Builders Register 900 Complaints, 600 of them on GB Nagar”
UPRERA Authority has imposed penalty of Rs 2.5 crore against 11 developers for failing to comply with the authority’s order, which were in favor of homebuyers.
The UPRERA Authority has issued the showcase notice to one of the renowned builders over the diversion of funds.
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