Page 5 - Rera

Consumer complaints should go to RERA before NCLT, say builders

About 450 real estate companies/projects across the country are facing insolvency proceedings under IBC because of default in the delivery of projects to homebuyers as well as repayment of bank loans

Maharashtra and Gujarat lead 40% year-on-year spike in RERA registrations

Altogether, five states account for a significant 81% share, with 36,576 out of 45,307 projects registrations as on October 5

Happy Diwali ahead for Noida home buyers: Builders can give possession soon

Rules state that if RERA does not issue possession certificate or raises concerns, the builders can start giving possession to buyers

NBCC to get Rs 7 cr to finish 2 Amrapali projects; ED gets audit report: SC

Forensic audit report be given to ED, Delhi police, ICAI in Amrapali case: SC

Don't fall for under-construction stock, ready-to-move homes a better bet

With banks saddled with NPAs, NBFCs had stepped into the breach

SC cancels RERA registration of Amrapali Group; NBCC to take over projects

In a relief to the home buyers, the Supreme Court has ordered NBCC to finish all pending projects of Amrapali Group

Govt plans common platform for RERA of all states, UTs; move to help buyers

Announcing the government's plan here, Housing and Urban Affairs Secretary Durga Shanker Mishra said that with this platform, the real estate law will become "more strong"

UP RERA directs banks to strictly comply with escrow account provisions

UP RERA took cognisance that some builders were not complying with the provisions of the Real Estate (Regulation and Development) Act, 2016 and withdrawing funds without the requisite certificate

Builder not giving occupancy certificate for your house? Here's what to do

You can be evicted from your own house if you haven't obtained the OC; the authority could also impose a stiff penalty and cut off your water and power supplies

Defaulter cases should go to Rera regulators before NCLT: Realtors' body

Rera was brought in to make the real estate sector transparent and eliminate fly-by-night operators

TNRERA mandates real estate firms to include registration number in ads

The aurhority has said Tamil Nadu RERA website address to be mentioned and no disclaimer clause should be mentioned as the information is subject to change

56% buyers prefer state RERA regulators to file complaints against builders

For Uttar Pradesh (UP) RERA regulator Rajive Kumar, there was a backlog of 8,100 complaints

Govt says won't amend any RERA provision, warns states against tweaking law

There are some states who have watered down the provisions of the central legislation

Most buyers are unaware of basic Rera rules: Consumer organisation survey

It's been a year and a half since the Centre asked all the states to implement Rera

Poor implementation of Rera across states poses a challenge to home buyers

Among the states and Union Territories in India, Maharashtra takes the pride of place when it comes to proactive adoption, implementation and integration of the act

CRISIL SME Tracker: With RERA, only disciplined builders stand a chance

Builders have become cautious and are taking up a handful projects for execution at any given point of time

Consumer body wants online real estate portals to be brought under MahaRera

The Mumbai Grahak Panchayat has also sought registration of such portals under MahaRera in the next 60 days

Central team to visit Bengal, urge state to implement RERA

The Centre will soon send a team to urge the West Bengal government to switch over to the Real Estate Regulatory Act (RERA) to protect home buyers' interest, an official has said. At a time when the Centre was trying to implement RERA in the country, the West Bengal Housing Industry Regulation Act, 2017 (HIRA), which the state has implemented on its own, is "quite disturbing", the official said. "West Bengal is the first state in the country post RERA to come out with a separate Act, deviating and diluting from Real Estate (Regulation & Development) Act, 2016 regulations in favour of builders. This is disturbing. A committee will visit the state shortly," said Abhay Upadhyay, president of the Forum For People's Collective Efforts. Upadhyay is part of the four-member committee that will visit West Bengal. "This is a four-member sub-committee of Central Advisory Council (CAC) and will meet officials of the state to urge them to implement RERA keeping the consumers' ...

Now, wealth managers are signing up under RERA

Many have already registered in Maharashtra, and some are also expanding to other states

Your agreement with realty re-developer must be drafted very carefully

The housing society should ask for an adequate bank guarantee and upfront payment for transit accommodation before agreeing to a re-development project