Tag: RERA Rules

RERA National Conclave : रेरा कानून में संशोधन के लिए यूपी सरकार भी तैयार, 15 दिन में बनेगा प्रस्ताव

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लखनऊ, जेएनएन। रियल एस्टेट सेक्टर को पूरी तरह नियोजित करने के लिए रियल एस्टेट रेग्यूलेटिंग अथॉरिटी (रेरा) को और मजबूत करने की मांग पुरजोर तरीके से उठी है। राज्यों के रेरा अध्यक्षों की बैठक के बाद कॉनक्लेव के सत्रों में भी कानून में संशोधन के लिए विशेषज्ञों ने बिंदु सुझाए। यूपी रेरा के अध्यक्ष राजीव कुमार का कहना है कि कानून में संशोधन के लिए सरकार तैयार है। मुख्यमंत्री योगी आदित्यनाथ और केंद्रीय आवास एवं शहरी विकास राज्यमंत्री (स्वतंत्र प्रभार) हरदीप सिंह पुरी ने भी सहमति दे दी है। कॉनक्लेव…

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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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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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Rera registration seems to be a rarity for city developers

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The Dos and Don’ts of NRI Investing In Indian Realty

BENGALURU: About a thousand housing projects in the state, most of them in Bengaluru, are under the scanner of the state’s Real Estate Regulatory Authority (Rera), for failing to register with the regulator and ignoring their notices. As a result, customers of flats at these residential projects will lose their right to approach the Rera if they face a problem with the seller. Rera polices only those projects that are registered with it. The real estate regulator has put out a list of such projects on its website — this…

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Amrapali home buyers object to sale of commercial space in housing projects

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Amrapali home buyers object to sale of commercial space in housing projects

NOIDA: Even as the Supreme Court-appointed receiver has started the process for tripartite agreements for Amrapali buyers, a section of them has objected to the sale of commercial space violating building laws in almost all housing projects of the embattled developer. Though the court is yet to give a final order on the issue, receiver R Venkatramani has asked the Noida and Greater Noida authorities to maintain status quo on all such commercial properties till the judges take a call. The Amrapali buyers have claimed that the permission to host…

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RERA yet to resolve malpractices in real estate sector: Experts

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PUNE: Experts have said that the RERA, which was envisaged to usher in more transparency in the real estate industry, is yet to be an effective deterrent against malpractices. As the RERA is a small quasi-judicial and administrative body (with three members and a few adjudicating officers for the entire state), it does not have the bandwidth to look into the details of over 19,000 registrations that were granted by the body in the state, so far. The adjudicating officers themselves have powers to look at only certain sections of…

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