MREAT allowed delay of 14 months and 22 days to allottees
In the matter of Mr. Anil Mnagaldas Vade & ors. vs. Siddhitech Developers, the delay in filing an appeal u/s 44 of RERA Act, MREAT allowed delay of 14 months & 22 days to homebuyers.
Search Results for: non-compliance
Are you a promoter puzzled with MahaRERA Compliances?
MahaRERA has been a model for other states. Recently, its proved again when suo motu action was taken for the first time against large group of promoters.
Issues faced by homebuyers under Karnataka RERA
As compared to RERA in other states Karnataka RERA has been disappointing since the day it got enacted. Builders and homebuyers both remained unhappy for many reasons.
Execution- Yet another hurdle for Homebuyers
In UP RERA, a separate department has now been made to look into the matters where the execution of the order has not been done.
UPRERA gets tough: Rejects Applications of 36 Builders
The Uttar Pradesh Real Estate Regulatory Authority, Greater Noida Bench had rejected the registration applications of as many as 36 builders.
Builder stands in violation of MahaRERA’s order of refund
The RERA authority of Maharashtra ordered a builder to refund an amount of Rs. 1.8 Crore to a homebuyer because after the passage of two years the builder failed to register agreement to sale and had already charged 30% of the price.
RC issued by RERA leads to arrest of builders
An RC was issued for recovering 3.04 crores, based on the same a 15 days’ notice was issued to clear the dues post which due to non-compliance builders were arrested.
UPRERA gets Tough: Lists 10 projects for deregistration
UPRERA Authority shorlisted 10 housing project in Noida and Greater Noida, which may be deregistered within this month for the reasons of delays and non-compliance of the orders passed by the Authority.
Gurugram bench of Haryana issues notices to 52 builders
The authority has received close to 1,150 complaints from the district of Gurugram against builders for delay in various projects. In lieu of the same in September alone the authority has issued notices to almost 52 builders.
Housing Society also under the purview of RERA in case of redevelopment
The Housing Societies are also brought under the authority of RERA, immediate relief can be sure shot guaranteed, since the Complaints herein are dealt in an expeditious manner with instant relief to the innocent buyers.
Punjab RERA issues notices to builders of unregistered projects
Finally, the Real Estate regulation and Development Authority of Punjab has woken up to the plights of homebuyers. The authority became functional in August last year but due to the lack of infrastructure and information there were tremendous delays in getting the projects registered with the RERA authority. Armed with full knowledge the Punjab RERA … Continue reading “Punjab RERA issues notices to builders of unregistered projects”
Income Tax Audit-Applicability, Limits, Penal Consequences, Penalty for late filing
There are various kinds of audit being conducted under different laws such as company audit/statutory audit conducted under company law provisions, cost audit, stock audit etc.
Ponzi Schemes Versus The Government of India
Ponzi Scheme- A form of fraud in which an apparent businessman allures the investors and pays profit to them and to earlier investors out of the money received from the new investors.
Bihar RERA getting stringent regarding RERA Compliance in the State
A clear evidence of the harsh reality which is prevailing in the state of Bihar that most of the builders in the state are willingly avoiding the compliance with the provisions of RERA.
Suo Moto Removal of Name of Company by Registrar
Section 248 of the companies Act 2013 deals with suo-motu removal of name of the companies from the register of companies maintained by Company registrars.
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