Can home-buyers remove the builder from the project?
There have been few instances where the project is stalled and the association of the allottees have been handed over the project to complete the remaining construction of the project.
Search Results for: implementation of the RERA order
Penalty of Rs 1.5 Lakh slabbed on builder for failure to register sale agreement
MAHARERA keeping up with the spirit of the Act recently has passed an order asking the builder to pay a sum of Rs.1.5 Lakh as penalty to the RERA authority for not registering the sale agreement.
Bombay High Court: Deposit 50% of the refund amount to hear the case
The high court upheld the decision of the Appellate tribunal by directing the builder to deposit the 50% of the refund amount as ordered by the authority in order to hear the plea.
Builder cannot evade from penalty claiming the project to be new
The on-going projects cannot come under the category of the new projects only for the purposes of not paying the penalty against the delay in registering an on-going project.
Importance of Occupancy Certificate while buying property
Without occupancy certificate possession of flat is not a lawful possession and it is equivalent to a rented home which can be evacuated anytime by the discretion of State Authority.
Supreme Court to the rescue of Amrapali and Unitech Homebuyers
An order passed by the supreme court in favour of the aggrieved home buyers who have been waiting to get justice against named builders of the country which is the AMRAPALI Group and UNITECH.
Homebuyers left in lurch in Karnataka
The Real Estate Regulatory Authority in Karnataka has come under fire from the aggrieved home buyers who have been left at the mercy of the builders. The Real Estate Regulation and Development act, 2016 under Section- 84 empowers the state to make rules in furtherance of the Act in order to implement the provisions of … Continue reading “Homebuyers left in lurch in Karnataka”
Digitisation of the property records in secondary Real Estate Market
The chairman of HRERA Authority at FICCI conference and said that the digitisation of the property records should be improved in order to have transparency in the secondary Real Estate market.
On Real Estate transparency index India moves 35th spot
It took 2 years to India to moves one spot up from 36th to 35th in the global real estate sector, despite the RERA Registration Act.
Brochure of Project: A legal entity or not?
Brochures of Project were printed and distributed before the commencement and implementation of RERA therefore, the same cannot be treated as legal entity.
Can an allottee who did not urge earlier later on withdraw from the project?
In the course of implementation of RERA Act 2016, the Authorities face various unique challenges in deciding over the question of law or question of fact every day.
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.
The Real Estate Market for “Affordable Housing”
Affordable housing for all, the Narendra Modi government’s plans aimed at housing for the masses, could indeed change the face of home ownership in India.
Builders cannot use Intent of disapproval to commence Construction
Intent of Disapproval has no nexus to proceed with the construction and it cannot be equated with Commencement Certificate, it is only a stage before obtaining a Commencement Certificate.
Indian Real Estate is on an upward trajectory
Looking back at 2017 in terms of real estate and economy it has been an eventful year wherein finally after the market was in a complete mess the RERA.
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