What to do if the RERA order is not being complied with

RERA Authority order is not being complied with by the party or if we are precise, the builder is not paying the amount ordered by authority.

Financial Creditor & Operational Creditor within the scope of Insolvency & Bankruptcy Code (Amendment) Bill, 2017

The IBC has introduced new and distinct concepts of ‘Financial Creditor’ and ‘Operational Creditor’ as opposed to the Companies Act, 2013 which merely introduced the term ‘creditor’, without any classification thereof.

Bombay High Court rules against Maharashtra RERA in first petition tried in Court

The Bombay High Court decided the main petition, challenging an order given by Maharashtra Real Estate Regulatory Authority.

Builders not liable to pay for ‘justified’ delays: MahaRERA

MUMBAI: The Maharashtra Real Estate Regulatory Authority has for the first time expanded the scope of reasons beyond a builder’s control. The authority upheld a city builder’s claim that a 2009 project was delayed due to change of law, administrative conflicts and “incorrect classification of the plot as CRZ II’’ —reasons beyond his control. Hence, the builder … Continue reading “Builders not liable to pay for ‘justified’ delays: MahaRERA”

UPRERA Step against Builders Register 900 Complaints, 600 of them on GB Nagar

Mr. Mukul Singhal, chairman of RERA in Uttar Pradesh, who is also the principle secretary of Housing and urban planning in UP said that the authority has received 900 complaints of which 600 are related to GB Nagar. While pacifying the consumers singhal said redress of complaints has started from November 13 and each complaint … Continue reading “UPRERA Step against Builders Register 900 Complaints, 600 of them on GB Nagar”