In the hue and cry of registration process after the implementation of RERA many builders were unable to provide all the documents and information while getting the project registered.
A complaint was filed by Umesh Vyas against the developer Prima Terra Buildetch Private Limited and Satsasang Bharti CHS Ltd. The complainant approached MahaRERA seeking the interest on delayed possession.
Maharashtra Government has decided to bring in tenanted or cessed buildings under RERA. The motive to include these building under RERA ambit is to provide protection to the consumers
MahaRERA: Maharashtra is the only state to set up a Conciliation Forum as an alternative platform for home buyers and developers to resolve disputes outside the Court.
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.
In this detailed articled we are sheding some lights on some of the important points decided by UP RERA.
Almost every State RERA Authority has started functioning to serve the purpose of the Act and ensuring that no provisions are left untouched by the Builders or Developers. In this article we are going to discuss about the functioning of Tamilnadu RERA Authority.
One of the most prominent provision requires the Developers to deposit 70 percent of the funds collected from buyer in a separate bank account.
A sum of 65 real estate projects in Mysore had been affirmed by Real Estate Regulatory Authority (RERA), which had been set up a year ago to control real estate sector.
With real estate accessible in relatively every corner of the State, from shops offering photocopying facilities to visit organizations, one would envision that the total of all the real estate agencies could run into a few thousands.
H-RERA: K Khandelwal, the recently designated chairperson of Gurgaon seat of Haryana Real Estate Regulatory Authority (H-RERA),
Since the Haryana government appointed two IAS officers as chairpersons of twin RERA benches, they are yet to accept charge because of pending “technicalities”, keeping the much-anticipated authorities from becoming completely functional.
With the introduction of Real Estate Regulation and Development Act, 2016, the market condition has completely been changed for Real Estate Sector now.
The RERA Act is aimed at monitoring the projects being developed by and builders at same time.
This article is about MahaRERA and how it rejected complaints of a number of home buyers, who invested their hard-earned money in Bhagtani’s Serenity project in Powai
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