RERA and the IBC to the rescue of homebuyers
The IBC (Amendment) Bill 2017 was passed by the Lok Sabha to form the base for covering loopholes in prevailing code and to increase the effectiveness of the resolution.
The IBC (Amendment) Bill 2017 was passed by the Lok Sabha to form the base for covering loopholes in prevailing code and to increase the effectiveness of the resolution.
Detailed article on whether in cases of termination of agreement before the implementation of RERA Authority, the jurisdiction of the RERA authority is ousted or not?
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
Builder-buyer disputes are not a new phenomenon in India. Many buyers are now willing to against the builder before the appropriate forum.
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.
RERA Authorities are carefully analyzing each and every legal and factual aspect before arriving at a conclusion and that the same is evident from the reasoning and order passed thereto by the RERA Authority.
The pre-RERA era witnessed developers vandalizing the Real Estate sector by imposition of such terms and conditions which catered primarily to their own needs and convenience. Similar was the case in imposition of terms which allowed developers to alter, revise, amend the original layout / plans as per their owns whims and fancies. In … Continue reading “Revision or alteration of sanctioned layout plans as per RERA”
The Maharashtra RERA in its ruling shed some light on the refund of booking amount as in its order the authority directed the developer to give back the booking amount.
The Real Estate Industry in India has seen a drastic change after the Real Estate (Regulation and Development) Act, 2016 (RERA) coming into picture. Though the Act is applicable to all the states of the country but Maharashtra seems to be quickest amongst all. The Maharashtra Real Estate Regulatory Authority (MahaRERA) and the Adjudicating … Continue reading “Agreement to lease falls within the scope of RERA”
Till date MAHA RERA has disposed approx. 850 complainants and in majority the aggrieved home buyers got the relief.
RERA authority has taken under its ambit of the ongoing reconstruction of old dilapidated structures across Mumbai, on the instruction of state government.
In this detailed articled we are sheding some lights on some of the important points decided by UP RERA.
You have a statutory right to claim interest and compensation on late commercial payments. But are you still not being served the payment that your invoice states very clearly?
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.
It is highly require to understand your salary structure and discuss it in detail with your HR to get a favourable salary break-up before you hands in with your salary.