ncrcollateral – Page 4 – Rera Consulting

Over 1,000 realty developers keep dodging RERA notices

February 14, 2019October 15, 2019 ncrcollateral

BENGALURU: With over 1,000 real estate projects in the state not registering with the Real Estate Regulatory Authority (RERA) and their proponents not responding to repeated notices, the authorities are in a fix. Two days ago, the Karnataka-RERA secretary wrote to the Confederation of Real Estate Developers Association of India (Credai), requesting it to facilitate the registration of unregistered projects by encouraging promoters/developers to appear before the Authority. Referring to the 1,076 projects “under investigation”, which have been identified by RERA for not having registered with the body, the authority’s…

Haryana Lives RERA Dream

October 6, 2018October 6, 2018 ncrcollateral

With the Chief Minister formally launching RERA portal for Gurugram and Panchkula this week, the pitch is prepared for fair play in property deals in the state. Sumedha Sharma From being ridiculed for being a ‘toothless’ body to emerging as probably the strongest

Kerala Govt Issues Notification For RERA Appointments

October 1, 2018October 6, 2018 ncrcollateral

THIRUVANANTHAPURAM: The state government has issued notification for the appointment of chairperson and members of the proposed Real Estate regulatory authority (RERA) under Real estate (Regulation and development) act, 2016. The government has issued the notification two years after

Varying Powers Of Officials Behind Delay In RERA Cases

September 24, 2018October 6, 2018 ncrcollateral

PUNE: Varying powers of MahaRERA members and adjudicating officials has meant that not all cases landing in the Pune office are suitably or fully acted upon, resulting in multiplicity of litigations or delay in administration of justice. “The RERA Act has failed to improve on the previous law.

For Redevelopment, Housing Society Is Also Promoter: RERA

September 17, 2018October 6, 2018 ncrcollateral

MUMBAI: In a relief for flatbuyers in a Goregaon redevelopment project, the Maharashtra Real Estate Regulatory Authority (Maha RERA) has held that a housing society is also a promoter. The Maha RERA recently heard a complaint by purchasers of flats in the sale component of a project called Horizon. Udayachal Goregaon

‘Can’t Escape RERA Rules With Occupation Certificate’

September 11, 2018October 6, 2018 ncrcollateral

CHANDIGARH: The Haryana Real Estate Regulatory Authority (HRERA) has held that it has the power to adjudicate on project that were on before the RERA Act came into force and were, therefore, not registered under the regulator. The verdict will have wide ramifications on the real estate sector in Haryana as it will bring into RERA’s