In a major relief to citizens, the Real Estate Regulatory Authority has decided to accept complaints about unregistered projects for free of cost from informants until the 90-day period granted to builders to register their projects ends. The law though states that a mandatory fee of Rs 5,000 is required for filing of the complaint.
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PUNE: Its been four weeks since the Real Estate Regulatory Authority came into force in Maharashtra, but only 12 projects and 900 agents have so far registered under the new regulatory regime across the state. Three builders have registered in Pune division, eight in Konkan and one
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Two days after the State Cabinet decided to implement the Real Estate (Regulation and Development) Act 2016 without any changes, citizen groups staged a protest here on Sunday asking the government to implement the Act at the earliest.
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Real estate regulatory Act (RERA) is expected to be a game changer for the industry and widely change its working dynamics, according to MP Ahammed, chairman, Malabar Group of Companies. In an interview with Sobia Khan, Ahammed talks about the hurdles
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Coming down heavily on the states that have diluted the real estate regulatory Act, Union minister M Venkaiah Naidu on Tuesday said states have no power to dilute the provisions and this will have serious implications including public outcry.The minister of Housing and Urban Poverty Alleviation
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While the Real Estate Regulation Act is intended to simplify real estate purchase and make the process more transparent, we look at whether home seekers have anything to gain, by postponing their property purchase till their respective states implement the law
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