Projects in rural areas to be covered under Rajasthan RERA
The ongoing projects developed in rural areas of Rajasthan to be covered under the Real Estate Regulation and Development Act (RERA).
Search Results for: Ongoing Project
726 Rera-Registered projects in Nashik
As many as 904 new and ongoing real estate projects in Nashik region, including 726 projects in Nashik city, have so far been registered with the MahaRERA.
Consumers want “No Stretch for Builders” in Delayed Projects
In protest against builders under the Real Estate Regulatory Authority (RERA) consumers established their own forum “Fight for RERA” comprising of homebuyers. The forum touts the RERA Authority not to grant stretch to builders who have already delayed their projects. The forum feels that any further stretch will violate the said RERA Rules. It was … Continue reading “Consumers want “No Stretch for Builders” in Delayed Projects”
1,100 real estate projects and agents registered in RERA
Since Real Estate Regulation and development Act (RERA) came into force i.e. 01/05/2017, it was made mandatory for real estate builders and agents to register under the said act. Though in the beginning the registration process was sleepy headed, but now RERA Registration has picked up around 1,100 real estate projects and agents in Gujarat. … Continue reading “1,100 real estate projects and agents registered in RERA”
Realty firms roll out discounts to woo buyers for under-construction projects
The push for under-construction projects comes at a time when most real estate firms are focusing on ready properties after implementation of RERA in May Mumbai: As home buyers switch preference to ready-to-move homes to escape tax on under-construction properties, builders have started rolling out discounts and promotions to lure them back. Buying properties under … Continue reading “Realty firms roll out discounts to woo buyers for under-construction projects”
RERA registration for Existing Projects in Maharashtra
The real Estate projects that are ongoing and have not received completion certificate or occupancy certificate, on the date of commencement of the Act, i.e. 01/05/2017, the respective promoter shall be required to get registered with RERA
Allottees Grievances Redressal Forum will now deal with post possession issues
The grievances of the homebuyers who have already taken the possession will be entertained by the AGRF now as the matters related to delay in possession of ongoing projects is under the purview of HRERA.
Penalties for no RERA Filing for Developers in Tamil Nadu
The State government of Tamil Nadu alleged that developers must register their ongoing projects before selling or advertising. In case developers fail to register under the RERA Act he will face heavy penalty.
Morning after RERA Deadline July 31, 2017
An escape window of 90 days was provided to the developers so that they can register their new and ongoing projects under RERA.
Extension for Goa Builders under RERA Filing
The State Government has provided a stretch to builders in Goa for ongoing projects to be registered under RERA, even though the Central Government refused to stipend the extension.
“Builders shutting eyes on RERA will face Penalty,” said Government
The State government advised the builders to register to register their ongoing projects under RERA Act. If the promoter fails to do so, they will be inviting cumbersome penalty.
UP Government Has Rewritten RERA Rules Resulted In Dilution of Pro-Developer Clauses
The new rules, bring all ongoing projects where completion certificate was not issued on May 1, 2016, when Real Estate Regulation Act (RERA) was notified under its ambit.
The best time to file a case under RERA is NOW
RERA was implemented to acknowledge and solve discrepancies and issues of home buyers. By establishing rules for the sale of real estate and requiring developers to adhere to certain criteria, it protects the interests of homebuyers.
How to take maximum benefit from RERA as a Homebuyer and as a builder?
RERA was established to do away with project delays, malpractice, and irregularities in norms and increase transparency and accountability from builders and homebuyers both.
Recent actions by HRERA
Haryana RERA, Gurugram took some important decisions with respect to the sale of apartments on the basis of carpet area and not super area. It’s a usual real estate practice followed by the developers to cheat homebuyers by selling the units on the basis of super area. Let’s first talk about carpet area and super area.
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