Page 3 - Rera
RERA project & agent registrations up by 109% in last 3 years, shows data
The states with maximum project registrations are Maharashtra, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, Telangana and Tamil Nadu.
 "RERA project & agent registrations up by 109% in last 3 years, shows data")
E-registration of property promises freedom from long queues, touts
However, the procedure is currently limited only to primary sales in Maharashtra
 "E-registration of property promises freedom from long queues, touts")
City development agencies must register projects with RERA: Delhi chairman
If they do not get registered with us then we have got enough of more power to take action against them under section 59 and 61 of the Act.
 "City development agencies must register projects with RERA: Delhi chairman")
Give real estate brokers quoting below-market prices a wide berth
Stick to RERA-registered brokers, preferably the tech-savvy kind, and look for deep knowledge of the micro-market you are interested in
 "Give real estate brokers quoting below-market prices a wide berth")
Sale of three-year-old parking space will be treated as LTCG: Analysts
According to another expert, whether parking space can be sold depends on the nature of the space concerned. It must conform to the definition of garage, as provided in the RERA.
 "Sale of three-year-old parking space will be treated as LTCG: Analysts")
RERA execution to improve post SC direction on studying states' rules: FPCE
Homebuyers' apex body FPCE expects the implementation of realty law RERA to improve following the Supreme Court's recent direction to the Centre to examine the rules framed by states.
 "RERA execution to improve post SC direction on studying states' rules: FPCE")
Review of RERA rules likely to save home buyers from errant builders
As state after state diluted rules to regulate real estate, SC ordered a relook
 "Review of RERA rules likely to save home buyers from errant builders")
Examine if RERA rules subserve interest of home buyers: SC to Centre
The Supreme Court directed the Centre to examine whether the rules framed by various states under RERA are in conformity and subserve the interest of home buyers.
 "Examine if RERA rules subserve interest of home buyers: SC to Centre")
The shovel returns
Housing down-cycle shaved more than 1 per cent from growth annually for nearly a decade; it is turning now
 "The shovel returns")
Robust regulatory mechanism under RERA: Centre on builder-buyer agreement
The Centre has told the Supreme Court that a robust regulatory mechanism and draft 'agreement for sale' already exists under provisions of RERA, Real Estate (Regulation & Development) Act, to balance the rights and interest of homebuyers and promoters in an accountable and transparent manner.
 "Robust regulatory mechanism under RERA: Centre on builder-buyer agreement")
SC verdict to protect homebuyers, make realtors toe the line
The SC's verdict is now expected to trigger a major change in state-specific rules modelled on this Act
 "SC verdict to protect homebuyers, make realtors toe the line")
WFH rules helped middle class during Covid-19 pandemic, says PM Modi
"The rules framed for WFH during the corona period made the lives of the urban middle class much easier," Modi said
 "WFH rules helped middle class during Covid-19 pandemic, says PM Modi")
Second wave: MahaRERA grants six-month extension to developers till October
The Maharashtra Real Estate Regulatory Authority allowed a six-month relief to builders to deliver projects by accepting their demand for invoking the force majeure clause because of the second wave.
 "Second wave: MahaRERA grants six-month extension to developers till October")
Maharashtra RERA blacklists 644 residential projects in state, bars sale
About 43% blacklisted projects are in Mumbai Metropolitan Region alone, followed by 29% in Pune; the remaining are in smaller towns Nagpur, Nashik and Kolhapur, among others
 "Maharashtra RERA blacklists 644 residential projects in state, bars sale")
Model Tenancy Act to create level-playing field between landlord and tenant
By giving landlords the confidence to rent their properties, it will augment supply, providing tenants with more choices
 "Model Tenancy Act to create level-playing field between landlord and tenant")
UP, Haryana, Maharashtra lead on the number of RERA cases resolved
Nearly 40 per cent of all complaints were resolved in Uttar Pradesh alone
 "UP, Haryana, Maharashtra lead on the number of RERA cases resolved")
A regulator for health sector on lines of RERA likely to be set up soon
The survey cited unplanned readmission data - considered the most common metric of quality in the hospital setting
 "A regulator for health sector on lines of RERA likely to be set up soon")
Will commercial real estate market rebound to pre-pandemic levels in 2021?
2021 should be a year in which commercial asset story will continue to grow and lead the recovery in the real estate sector post pandemic
 "Will commercial real estate market rebound to pre-pandemic levels in 2021?")
RoDTEP rates not decided, MEIS for exports may continue till end-March 2021
Any registered user under GST who wishes to generate IRN needs to register on e-invoice system using his GSTIN
 "RoDTEP rates not decided, MEIS for exports may continue till end-March 2021")
From battle over whisky brand to Rera rule, here're the key court orders
A selection of key court orders
 "From battle over whisky brand to Rera rule, here're the key court orders")
