NEW DELHI: West Bengal, Kerala and Assam are yet to implement the pro-consumer Real Estate regulation and Development Act (Rera) while states which have done so have rolled out watered down versions. What more, the proportion of unregistered projects are also very high.
Read MoreAuthor: ncrcollateral
Has RERA Really Given Homebuyers The Much-Needed Freedom?
We are celebrating Independence Day today. But has this Independence Day brought real independence for the homebuyers from the pain and sufferings? Can we affirm that the Real Estate (Regulation and Development) Act, 2016 (RERA) has facilitated complete freedom for the homebuyers,
Read MoreRera To Set Up Bench In Noida, Hear 4,000 Pending Complaints
GREATER NOIDA: The Real Estate Regulatory Authority (Rera) is set to open its western UP bench in Greater Noida in a few days, at a time 4,000 complaints related to issues over flats from Noida and Ghaziabad are waiting to be heard. The bench will operate from the old building of the Greater Noida Authority’s office in Gamma 2.
Read MoreRERA Act: Over 31,000 Realty Projects So Far; Maharashtra Leads Race, Says Report
As many as 31,500 real estate projects across the country have been registered under Rera so far, with Maharashtra alone accounting for almost 54 per cent of the same, a report said. As many as 31,500 real estate projects across the country have been registered under Rera so far, with Maharashtra alone accounting
Read MoreRise in buyers’ confidence on Rera implementation – Realty sector gets Rs 24,011 cr investment in H1: Report
The real estate sector received an investment of around Rs 24,011 crore in the first half of 2018 due to rise in buyers’ confidence on Rera implementation and improving capital values, a report said. The real estate sector received an investment of around Rs 24,011 crore in the first half of 2018 due to rise in buyers’ confidence on Rera implementation
Read MoreRERA Provisions Would Apply To Long-Term Lease Agreements: HC
Mumbai, Aug 8 () The Bombay High Court has ruled that provisions of the Maharashtra Real Estate Regulatory Authority would apply in cases of long-term lease agreements and that compensation complaints can be heard by it. A single bench of Justice Shalini Phansalkar Joshi passed the ruling yesterday while hearing appeals filed
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