A decision by the authority is a fundamental step towards constraining the real estate agents from exploiting extra money from buyers and sellers. The brokerage being fixed will turn down the chances of overcharging ultimately protecting the interest of homebuyers.
The Gurugram RERA known as H-RERA is about issue a notification for the builder who are trying attracts the home buyers by making an offer of ‘Assured Returns’.
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.
Delhi RERA website has published list of approved real estate projects and with the complete details of developers and agents.
Haryana Government passed RERA in Haryana. But, the website for the RERA Registration in Haryana has not been made functional yet.
TNRERA’s (Tamil Nadu Real Estate Regularity Authority) has generated the data of 186 Real Estate Agents and all of those now come under the purview of RERA.
20,000 real estate projects have been registered under RERA from across the country.
the real estate brokers are giving their feet some rest, as they are no such deadline for them but in the same line they can only deal in with RERA registered projects.
Government of Maharashtra notified RERA rules and established Maharashtra Real Estate Regulatory Authority (Maha-RERA), vide Notification dated 8 March 2017, for regulation and promotion of real estate sector in the State of Maharashtra.
Registration of Real Estate Agent under RERA – Gujarat (As per “Gujarat Real Estate (Regulation and Development) Rules, 2017) As per section 9 of “Real Estate (Regulation & Development) Act, 2016 (REDA) read with Rule 10 of above mentioned Rules, Every real estate agent need to register with RERA authority of that State before dealing … Continue reading “RERA Registration of Agent in Gujarat”
Real Estate (Regulation and Development) Act, 2016 was first passed by Rajya Sabha on March 10, 2016 and passed by Lok Sabha on March 15, 2016. RERA Bill was first introduced in the year 2013.
MahaRERA has imposed a fine of Rs. 1,20,000 on Sai Estate Consultant, for advertising unregistered real estate project of Haware Builders and misleading the consumers.
The government has described the implementation of the consumer-centric Act as the beginning of an era where the consumer is a king.
The Ministry of Housing & Urban Poverty Alleviation has notified all Sections of the Real Estate (Regulation & Development) Act, 2016 and it is coming into force from today i.e. May 1, 2017 and with this a new era of development of real estate sector begins in an atmosphere of investor confidence.
Under this forum, the aim is for the home buyers, builders or real estate agents to get their grievances amicably resolved before filing a complaint with the RERA authority.
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