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Guidelines for project registration in Karnataka
Out of total 3958 complaints registered with Karnataka RERA against builders, around 1174 complaints have been resolved comprising of 30% of the total complaints received. Still, 2700 complaints are being heard currently and will be resolved at the earliest. However, in about 150 cases buyers have withdrawn their complaints after working out a compromise with the builders. ...
A petition filed by the group of activists from Kolkata seeking an order to declare HIRA as ‘ultra vires’ as per the Constitution and to replace the HIRA with the RERA Act, 2016. Putting Article 254 of the Constitution as their main point they have clarified that if any provision of law made by the legislature of a state is in contravention to any provision of a law made by the Parliament, then the law made by the Parliament shall prevail, hence seeking to declare HIRA unconstitutional and void. Finally, the Supreme Court has agreed to hear a plea seeking direction to West Bengal’s HIRA with RERA Act, 2016. ...
As per the latest status report from the Ministry of Housing and Urban Affairs, even after 3 years of the RERA Act, 2016, Kerala remains the only southern state that neither registered a project nor disposed of any complaint in the realty sector. Also, any information about the report of the committee constituted to select the chairperson and 2 members of the RERA has not been disclosed. ...
To provide relief to the homebuyers, the Supreme Court recently has canceled the registration of Amrapali Group under RERA, thereby banning the real estate company from undertaking any housing project even in future. Therefore to complete the 42000 flats in various projects of the Amrapali Group, the state-run builder NBCC (National Buildings Construction Corporation Limited) has been engaged. Also, the court has ordered Money Laundering cases to be registered against the Amrapali Group MD and CMD. ...
Invoking Section 3 of the RERA Act, 2016, where a project registration is not required if either the developable area of the project is less than 500 sq meter or the number of units are less than 8, the MREAT (Maharashtra Real Estate Appellate Tribunal) has quashed 2 MAHARERA orders penalizing a developer for not registering his project. The MREAT order exempted the developer Geetanjali Aman Constructions from registering the project with the MAHARERA and also set aside the Rs. 30 Lakhs penalty imposed on the firm. ...
To provide speedy dispute redressal to the concerns of the promoters and the buyers the UPRERA Conciliation Forum authority heard a total of 16 cases in the 6th Conciliation Forum meeting held in NCR. It has resolved total 7 cases of Supertech. Apart from this, 3 cases related to Jaiprakash Associates, one case each of ATS Homes, Gaursons India, SVP Builders India, Arihant Infra Realtors, UP Township Infrastructure and Vacational Education were also heard. ...
After seeing the grievance status of the homebuyers despite the establishment of the RERA Act, 2016, the Supreme Court has taken a decision to know the status of implementation of the RERA Act, 2016 across all the states. Several states have proxy authorities in place and some of the states have not even constituted the Appellate Tribunal. The Court has witnessed an improper implementation of the RERA Act, 2016 in many states due to which it has demanded the list of all such defaulting states by 23rd July, 2019. ...
Using the powers under section 7 and 8 of the RERA Act, 2016 MAHARERA revives the project of construction of 20 storey Tatva Urja in Borivali East which was left by the absconded Mehul Choksi. The project will be resumed by Laxmi Infra Developers Ltd. The developer has agreed to complete construction within 9 months and will be given three months grace period to get Occupancy Certificate by February 2020 as per the consent terms. ...
DTCP (Department of Town and Country Planning) canceled 165 OC’s (Occupation Certificates) last month due to various illegal constructions. The district town planner ordered that the certificate will not be given till an assistant town planner-level official visits a site and gives approval that also has to submit a video of the site that is recorded during the visit. Any violation found in this regard will lead to blacklisting of the concerned architect. ...
MAHARERA Chairperson announced a tie-up with the real estate association CREDAI for training workers in the MAHARERA registered sites in the state over 5 years. The chairperson is urging developers and contractors to get their workers registered with the state’s board of Building and Other Construction Workers (BOCW). It is not only for compliance, but there are several benefits of registration. As per the estimation, the number of 15 lakhs is certainly achievable. ...
Due to the collapse of the compound wall of Alcon Stylus which was a support to the open parking area killing over 15 construction workers living in makeshift shelters in an adjacent plot, structural defects can be claimed by the residents. The Act clarifies that the residents can claim damages for any structural defect within a period of 5 years from the date of handing over of the possession. It is the duty of the promoter to rectify such defects within 30 days or pay appropriate compensation irrespective of the registration period. ...
The accusations and nicknames like toothless tiger awarded to the RERA authorities have been proved wrong when it has initiated the process of auction of the clutch of properties belonging to Ravi Developers in Kandivali which will be carried out by the Suburban Collector’s office on August 6, 2019. The auction will give heart to thousands of home buyers who were not given timely possession of their apartments by the builders who were thereby paying EMI’s for housing loans for years beyond the date of possession. ...
According to the reliable sources, as on June 30, 2019 around 20,000 cases have been disposed off through prescribed grievances redressal mechanism under the provisions of the RERA Act, 2016. RERA provides proper protection to homebuyers, and the states were given powers by the law to notify their respective rules and appoint regulatory authorities. ...
Due to non-compliance of the terms and the conditions of the lease deed and the sanctioned plan, the UPRERA Authority issued SCN (Show cause notice) to the 3C Green Developers asking as to why the registration of the project Lotus Yardscape Phase-I in Noida be not revoked which is to be replied within 30 days. The 3C developers were trying to implement the project with the help of Prateek Group. Also, the builder had no intention to complete the project. ...
Phenomenal Projects, a Patna based Real estate firm has been imposed a penalty of Rs.25 lakhs under section 59 of the Act (negotiated 5% of the estimated cost of the project) by the RERA Bihar Authority for non-compliance of the provision of Section 3 of the RERA Act, 2016. The promoters had advertised the project without registering it with the RERA Authority. The firm has been given 60 days time to pay the penalty amount. ...
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