Tag: RERA Latest News

रेरा की मजबूती के लिए कानून में होगा संशोधन

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रेरा की मजबूती के लिए कानून में होगा संशोधन

रेरा कांक्लेव की पूर्व संध्या पर अध्यक्षों के साथ केन्द्रीय सचिव ने की बैठकलखनऊ। प्रमुख संवाददातारेरा की मजबूती के लिए उसे और ताकत मिल सकती है। जरूरी हुआ तो कानून में संशोधन भी किया जाएगा। यह संकेत रविवार को केन्द्रीय आवासन एवं शहरी कार्य मंत्रालय के सचिव दुर्गा शंकर मिश्रा ने दिया है। वह सोमवार को होने वाली पहली रेरा कान्क्लेव की पूर्व संध्या पर रविवार को 17 राज्यों के रेरा प्राधिकरणों के अध्यक्षों, सदस्यों तथा अधिकारियों के साथ बैठक कर रहे थे। उन्होंने कहा कि सवाल उठ रहा है…

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In a first, Haryana RERA asked residents to pool in money to finish project

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In first of its kind order the Real Estate Regulatory Authority (RERA) of Haryana’s Panchkula has asked a group of residents to take over a project and complete the remaining construction work. Over 100 residents of Faridabad’s Piyush Heights society have agreed to pool in R 8 lakh each to complete the project and move in to their dream home. were expecting completion by 2011 by could not get it as builder failed to complete the project. RERA suggested us to form a association and we should be ready to…

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Homebuyers submit proposal suggesting ways to improve UP-RERA Act

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NOIDA: Homebuyers in Gautam Budh Nagar have submitted an eight-point proposal suggesting ways to improve the UP-Rera Act ahead of the real estate regulatory authority’s first convention, to be held in Lucknow on November 4. “We have submitted eight suggestions for alteration of the Act. First, National Company Law Tribunal (NCLT) should not interfere in the real estate sector. Second, UP-Rera should be involved to complete stalled projects. It should have the expertise of architects, chartered accountants and construction agencies and have the budget for the same. It should get…

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Uttar Pradesh builders to get rating from next year

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RERA Cosulting

New Delhi: Real estate builders and projects in Uttar Pradesh will receive a rating from next year, a move seen helping potential investors and homebuyers make informed decisions. A consultant appointed by the Real Estate Regulatory Authority (RERA) of Uttar Pradesh has finalised a rating system which is linked to disclosures required under the RERA Act, Rules and Regulations. The grading, to be done annually, will be based on a developer’s track record and background, financial profile, construction quality, buyer feedback and legal status of the project, according to UP-RERA…

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Property portals need to register with MahaRera in next 2 months

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MUMBAI: Real estate portals like Magicbricks.com, 99acres.com, Makaan.com and Housing.com, among others, will now have to register themselves as real estate agents under the state regulator MahaRera. In a recent order, the regulator has noted that such portals which carry out the functions of a real estate agent should register themselves with the Maharashtra Real Estate Regulatory Authority (MahaRera) within the next two months. In July last year, consumer body Mumbai Grahak Panchayat had written a letter to MahaRera chairman pointing out that the activities of property portals and had…

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Centre to soon notify RERA in J&K, Ladakh

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New Delhi: The Central government is set to notify implementation of the Real Estate (Regulation and Development) Act in the newly constituted Union territories of Jammu & Kashmir and Ladakh, paving the way for property development in the two regions. “In Jammu & Kashmir, the act will be notified by the state government, while in Ladakh, the Centre will notify it since it is a UT without a legislative assembly,” an official of ministry of housing and urban affairs said. The notification will be applicable from November 1, after the…

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