Real Estate – Page 8 – Rera Consulting

Notice for brokers’ registration soon

January 15, 2018July 9, 2018 ncrcollateral

Real estate brokers marketing new projects are under its purview.Homebuyer Madhav Mishra said many brokers often make lofty promises to attract consumers. Statistics available with the Confederation of Real Estate Brokers Association of India’s (Crebai) Maharashtra chapter reveal that 7,000 property brokers have registered with MahaRERA and it now wants to make registration of the brokers mandatory.Crebai members, however, said with nearly 80% of the brokers dealing with secondary or re-sale property, there is a hesitation among them for the registration. Kamdar said they have raised the issue with MahaRERA.The…

RERA a boon in Maha: Quick case disposals, 79% rulings in favour of homebuyers, shows study

January 12, 2018July 9, 2018 ncrcollateral

Real estate research firm Knight Frank analysed 60 rulings; grievances are being resolved within one month.After RERA was put in place, instead of spending years in consumer courts, homebuyers are now able to get their grievances resolved within one month in Maharashtra

RERA Report Card: 26 States and UTs Notify Rules; 20,000 Projects Registered with Regulatory Authorities

January 3, 2018July 9, 2018 ncrcollateral

Six states and union territories have established permanent Real Estate Regulatory Authority and 23 States/UTs have established interim Real Estate Regulatory Authority. As many as 26

Khattar Government must Review Rera: Surjewala

January 1, 2018July 9, 2018 ncrcollateral

CHANDIGARH: “In light of the Bombay high court’s judgment on the constitutional validity of the Real Estate (Regulation and Development) Act (RERA), the Haryana Government must review its dilution of RERA and implement the original RERA”,

Realtors awaiting new building rules?

September 16, 2017July 9, 2018 ncrcollateral

Panaji: With the deadline for submission of objections and suggestions under the draft Real Estate (Regulation and Development) Act (RERA) expiring, the department of urban development has begun to study the 30-odd submissions that various stakeholders have made.

Lodha Group refunds booking fee after buyer complains to RERA

September 16, 2017July 9, 2018 ncrcollateral

The Maharashtra Real Estate Regulatory Authority (RERA) mediated in a case between one Roshan Nawale (31) and the Lodha Developers in which the builder had been accused of refusing to refund the booking fee to the buyer. After Nawale complained to RERA last month, the developer agreed to refund the booking amount of Rs 1.08 lakh