How effective is RERA?
The main purpose of RERA was to enhance builder buyer transparency along with creating a strong adjudicating mechanism to resolve all the disputes in concern with the real estate sector.
Search Results for: penalty under the RERA Act
Agent Registration under RERA
Brokers and agents will have to ensure that, they are properly registered with the regulator under RERA.
How to Execute UP-RERA Order
RERA has a swift dispute resolution system which shows aggrieved a ray of hope in getting justice on time. What’s next once you get the RERA order in your favour?
UP-RERA has decided to issue a show-cause notice against Supertech Realtors
UP-RERA has expressed contentions to issue a show-cause notice to Supertech Realtors under Section 5 (1) of the RERA Act, 2016 to describe why the application for registration should not be refused.
UP-RERA Penalises Supertech, Mahagun and other Projects and Revokes the Third Project of Ansal API
UP-RERA has taken this step to ensure that homebuyers’ interests are effectively protected and that the RERA Act’s provisions are followed.
Rajasthan RERA issues notices to developers for delay in projects
RajRERA Authority issued more than 300 notices to the developers in light of the delay in project completion and is all set to issue more notices to the concerned new developers.
UPRERA imposes fine on 14 Promoters over non-compliance of its order
UPRERA has imposed a cumulative penalty of over Rs 1.93 crore to 14 promoters over non-compliance of its orders under Section 63 of the RERA Act.
RERA Imposes Rs 2.5 Crs penalty on developers for failure to comply the RERA orders
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.
Contradictions between The RERA and IBC
The IBC recognizes homebuyers under financial creditors to protect their rights even when a creditor, other than a homebuyer, invokes insolvency proceedings against the builder.
What are Rehabilitation Scheme for Stalled Projects under UP RERA
One of a kind orders that transformed a stalled project into a Rehabilitation project under Section 8 of the RERA.
Compliance of Recovery Certificate (RC) issued by RERA in Uttar Pradesh
An allottee can write a representation addressed to the DM explaining his grievance and praying for the compliance of the RC issued by the RERA within a specified period of time.
Lack of Execution under RERA- Another roadblock for Homebuyers
The time period of paying the money lapsed, few more months also went by chasing the builder to pay the money as per RERA order but all this begged no results and Homebuyers are forced to knock on the doors of RERA Authority again.
MahaRERA invokes Force Majure- How and in What way it is Wrong for the Homebuyers?
Such one-sided notification by MahaRERA is a big black mark on the rights of the homebuyers. The notification provided all sorts of protection to developers/builders in terms of payment of interest and delivery of units but it nowhere caters to the difficulties faced by the homebuyers.
Builders request for setting aside of Refund and Penalty Orders: Is it possible?
Builders requested that Refund and penal orders to be set aside or be reviewed due to the COVID-19 outbreak financial markets are seeing an all-time low.
Karnataka RERA extends the completion deadline of registered projects by 3 months
Karnataka RERA has given a deadline extension of three months to all registered ongoing Real Estate Projects across the State.
join For Updates