Search Results for: protecting the interest of homebuyers

Is IBC unfair to Operational Creditors?

Homebuyers are now considered financial creditors, whereas operational creditors, who are from the business world, may have a better understanding of the industry but still lack those rights.

MahaRERA orders for Refund – Strikes down a Forfeiture clause as unjust and Deceitful

A milestone judgement by the MahaRERA Authority to ensure the development of the real estate industry by protecting the homebuyer’s interest by balancing the rights of homebuyers as well as project developers.

Consumer Court or MahaRERA: Whose door should the stuck Home buyers knock?

Consumer Court or MahaRERA: Homebuyers have the option of withdrawing the pending consumer complaint and file before appropriate RERA authorities.

Now Haryana RERA Amendment stayed by P&H High Court

Hon’ble P&H High Court has for now stayed the said amendment from operation and the matter is now listed to be taken up in January 2020 for further orders.

Karnataka RERA Compliance for Builders

States were directed to establish a regulatory authority, whose work was to overlook the registration process and ensure compliance of the policies of the state.

Should Home Buyer under RERA be given preference under Insolvency And Bankruptcy Code, 2016

IBC and RERA Act, enacted in 2016, appear to be pitted against each other as far as protecting the interests of bankers and home buyers are concerned.