MahaRera: Maharashtra RERA to crack whip on unregistered realtors
PUNE: With just a fortnight left to register ongoing projects under the Real Estate Regulatory Authority (RERA), Maharashtra RERA authorities are cranking up the heat. Real estate developers peg the number of ongoing constructions at 3,000-5,000, but RERA authorities say…
MahaRera: Maharashtra RERA to crack whip on unregistered realtors
PUNE: With just a fortnight left to register ongoing projects under the Real Estate Regulatory Authority (RERA), Maharashtra RERA authorities are cranking up the heat. Real estate developers peg the number of ongoing constructions at 3,000-5,000, but RERA authorities say…
Goa builders may get more time to register under RERA
PANAJI: With the Real Estate (Regulation and Development) Act (RERA) coming into force elsewhere in the country on May 1, the state ministry for urban development has finally moved to notify the rules under the legislation that was passed in…
MahaRera: MahaRera tweaks norms to allow project revisions
Pune: Developers can from September 1 make revisions or corrections in their uploaded documents following MahaRera’s permission and a fee of Rs 5,000 for every change. MahaRera announced the changes on Monday through a circular issued to encourage developers to…
RERA: 21 states & UTs notify RERA rules; just 2 appoint permanent regulators: Govt
New Delhi: A total of 21 states and union territories have notified the final rules of the real estate regulatory Act (RERA), while just two states have formed permanent RERA authorities so far, a top government official said on Wednesday….
Builders will have to give 5-year warranty against structural flaws as per RERA
While RERA or Real Estate (Regulation and Amendment) Act, 2016, will slowly change the way the real estate industry operates in India, the Act has also thrown open a few aspects that need extensive deliberation. One such issue is the…
Real estate bodies won’t move court against RERA
NEW DELHI: National Real Estate Development Council (NAREDCO) will not move court against the implementation of Real Estate Regulation and (Development) Act (RERA), even with regard to ongoing projects, as it helps build confidence among buyers, said its president Parveen…
RERA: Builders take Centre to court, say RERA illegal since it is a ‘retrospective’ law
NEW DELHI: A bunch of builders have approached two high courts challenging some of the key provisions in the Real Estate Regulation Act (RERA) including bringing all “ongoing” projects under regulation and penalties for failure to register such projects. They…
RERA likely to weed out 4,000 ‘fraud’ realty agents in Maharashtra
MUMBAI: Along with developers, agents too will have to prove their ‘honesty’ in real estate dealings to avoid stringent action under the new real estate regulatory authority (RERA) regime. According to the latest updates, around 4,300 of the 12,000 real…
Jail for home buyers under RERA: Was it required?
As the Real Estate Regulation and Development Act, 2016, crossed the Rubicon on May 1, it is going to change the way India invests into the real estate sector. Being a consumer-centric law, it is undoubtedly a delightful scenario for…