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On Monday, some 100 buyers from the Mahira Homes affordable housing project in Sector 68 objected outside the Haryana Real Estate Regulatory Authority (H-Rera) headquarters, seeking stern action against the developer. They requested that construction at the project site resume immediately. In a letter to the chairman of H-Rera The homebuyers stated in a letter to H-Rera chairman KK Khandelwal that the action plan should be provided with them by Friday. "Our objective is to get our homes and guarantee that strict action is taken against the developer by the regulatory body and town and country planning in connection with the cancellation of licence number 106 of 2017 dated in favour of Sai Aaina companies (Mahira group")," a group of homebuyers said. Summarized: Some 100 homebuyers protested outside the Haryana Real Estate Regulatory Authority's (H-Rera) headquarters in Gurugram. They requested that construction at the project site resume immediately. ...
In the journey of four years, UP-RERA has been able to dispose off almost 85% of the complaints which have been launched. Almost Rs 250 crore has been paid to buyers against their UP-RERA orders was the first which started online registration of the complaints. Almost all work is now online. In February 2020, we were the first to introduce e-courts. We also introduced RERA Samwad during lockdown to help home buyers which still continues and is very popular. ...
Gurugram bench of Haryana Real Estate Regulatory (HARERA) has issued notice to freeze all accounts associated with real estate firm Mahira Infratech. Mahira Infratech, formerly known as Sai Aaina Farms Pvt Ltd was developing an affordable group housing colony over an area of approximately 10 acres in sector 68. HARERA Chairman KK Khandelwal said, "We asked the bank to freeze the account of the company so that hard-earned money of innocent buyers can't be siphoned off to other purposes by the company. ...
The Uttar Pradesh Real Estate Regulatory Authority has authorized the promoter of the Vasundhara Grand project in Ghaziabad to complete the remaining construction work by May 2023. This is the 13th real estate project under rehabilitation to achieve completion under section – 8 of the RERA Act. The decision is as per the consent provided by the association of the allottees. ...
State development commissioner Vivek Kumar Singh on Friday said the Real Estate Estate Regulatory Authority (RERA), Bihar has brought transparency to the real estate sector. Addressing a workshop organized here to mark five years of implementation of the Real Estate (Regulation and Development) Act in Bihar, Singh said RERA-Bihar has dispelled the fears that the creation of the authority would lead to license raj in the real estate sector. ...
The housing and urban affairs ministry is compiling the rules notified by state governments under the real estate law, RERA, to assess the extent of dilutions they have carried out compared to the Central Act.This comes after the Central Advisory Council (CAC) headed by Union housing minister Hardeep Singh Puri recommended to the ministry to ensure that no entity dilutes the rules under RERA. ...
Government plans to set up a panel on RERA non Compliance India has decided to assess the reasons for non-compliance with orders issued by various chapters of the Real Estate Regulatory Authority (Rera)that were set up to ensure protection for troubled homebuyers. A committee including homebuyers and realty developers will be formed to examine different orders that have been passed by the state-specific authorities but have not been complied with yet. The government may also seek state government to provide their input in this matter with the objective of making Rera more effective and offering an impactful recourse mechanism to homebuyers. The decision to this effect was taken in the recent meeting of the Central Advisory Council (CAC). ...
UP-RERA has decided to help 600 odd buyers left with no option after the builder defaulted on delivery timelines and then stopped construction altogether. The buyers approached the UP-Rera, which sent notices to the developer. When it failed to respond, the regulatory authority blacklisted the developer and de-recognized the project.“Our next step was to take the consent of all the buyers and get the project completed. Two groups of buyers under Mist Avenue Buyers’ Association and Festival City Welfare Association showed interest in reviving the project, said a Rera official. ...
Telangana is among the top four states in India in terms of number of projects registered with the state-level Real Estate Regulatory Authority (T-RERA).Latest data obtained by TOI from across India shows Telangana had 4,002 real estate projects registered with T-RERA by February and 2,017 registered agents.Two days ago chief secretary Somesh Kumar warned errant builders. Kumar during a meeting on Friday with representatives of Credai, Tredai, Telangana Builders Association and other organisation , warned that criminal cases would be filed as per RERA against persons and developers indulging in undivided and prelaunch sales. ...
Retired DGP Sunil Kumar, who was appointed a member of the Tamil Nadu Real Estate Regulatory Authority (TNRERA) in October.will take over a newly constituted single-member bench of the real estate regulator.TNRERA has two other benches. As per proceedings of TNRERA dated November 29 the new bench will adjudicate complaints filed under Section 31 of the RERA Act relating to refund of the amount paid by the allottee complainants and interest, interest on delayed construction, interest on delayed payment by the allottees and penalty. ...
The Goa Real Estate Regulatory Authority on Friday granted a three-month extension for real estate firms to submit their audit reports. Builders and real estate firms have till December 31 for audit of accounts and submission of annual statement of accounts for the last financial year. The Goa Chamber of Commerce and industry and CREDAI - Goa had requested GOA RERA to extend the timelines for the completion of audit and submission of annual account statements for 2020-21 due to the “hardship faced by the real estate sector” during the Covid pandemic.“The Goa RERA discussed the said matter in detail and after considering the current and previous pandemic situation, the authority decided to extend the time to complete the audit of accounts and submit the annual statement of accounts in Form-6 till December 31,” deputy town planner with Goa RERA Yugandaraj Redkar said. ...
A total number of 145 new housing projects have been registered with the Tamil Nadu Real Estate Regulatory Authority (TNRERA) between August 24 and September 22. As per the data on the TNRERA's website, a total number of 682 housing projects have been registered till September 22, 2021, this year. Several projects that were registered in nearly 30 days during the past one month period are located in the Chennai Metropolitan Area. ...
Gujarat Real Estate Regulatory Authority has extended the deadline for the submission of the annual report on statement of accounts by real estate developers for year 2020-21. The last date for the submission has been extended till December 31, 2021 in order to provide relief to developers amid Covid-19 pandemic. Real estate developers are required to submit the annual report on statement of accounts in Form-5 within six months after the end of every fiscal year for every registered project. ...
The Rajasthan Real Estate Regulatory Authority will issue notices to approximately 300 developers in the state for not submitting quarterly progress reports.According to the mandatory provision, the promoter has to upload updates on the RERA website for the project at the end of each quarter on apartments/flats, status update of each building. A senior official at RERA said, “After issuing the notices, the developers will be given time to submit their reply in October. Registration will be canceled if the reply is dissatisfactory.” The move to upload reports online help buyers to assess the properties, the progress of the projects, evaluation of the company’s financial status and legal aspects. ...
The Uttar Pradesh Real Estate Regulatory Authority has identified 115 projects that will be given a nine-month extension for completion, with the regulator monitoring the construction activity. The authority had invited applications from developers along with an affidavit that it will complete the projects within the extended period of registration. The developers had to submit requests along with a financial plan for the completion of the projects. Out of the total applications, 45 had already been granted an extension. ...
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