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While there are many provisions of RERA which are being widely debated, one issue in particular that has come into focus is, the rights of the banks and other financial institutions, who have lent to ...
According to the RERA, due to non-compliance of the provisions of the RERA Act and office orders by UP RERA about advertisements and promotions of the projects, till now more than 380 ‘show ...
Manish Patni (left) alleges that Haryana Rera failed to address his concerns on project delay; Santosh Parashar (right) has pinned his hopes on Uttar Pradesh Rera after lodging a complaint.( ...
With builders being forced to comply with stringent RERA norms, the cost of units is bound to increase, but it is unlikely to be passed on to homebuyers The two most important stakeholders on whom ...
RERA needs to address the issue of lack of uniformity in laws and capabilities of different state’s RERA authorities. For an industry that provides a basic need of shelter, regulation has come ...
The GR also reiterates the provisions of Section 3 of RERA, which restrains developers or promoters from marketing, advertising, booking, selling or offering for sale any ongoing real estate ...
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Monday started pre-hearing scrutiny of complaints, in a move aimed at quick disposal of cases. UP RERA has an e-courts system for filing ...
The real estate developer, separately, has been slapped with a penalty of Rs 3.05 crore on charges of misappropriation of Rs 60.57 crore funds collected from home buyers in three different projects, ...
The Supreme Court in its judgment last week suggested some changes in the Real Estate Regulatory Authority Act (RERA) to protect the interests of homebuyers. The ruling may force changes in state ...
Even as RERA lacks on several counts such as no uniformity and weak enforcement mechanisms, it still plays an important role in the regulatory framework. Both IBC and RERA are crucial legal ...
It has been over six years since the Real Estate (Regulation and Development) Act, 2016 (RERA) has been implemented. It has established a robust framework for safeguarding the rights of homebuyers.
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