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To end the long wait for consumers to be compensated under the Rehabilitation scheme, the MAHARERA officials have sent a letter to the Chief Minister of the State to get the approval of this amendment proposal. It would bring in over 10000 Slum and Housing Area projects under the ambit of the RERA Act, 2016 with a specific deadline for registration. It would benefit around five lakh families. Many officials said if all redevelopment projects were brought under RERA then many housing societies would be relieved because they would not have to approach courts. ...
Due to administrative issues it took some time for Jharkhand RERA to become fully functional, with all those ground works over, it now focuses to strengthen and streamline its functioning to meet its objective with which it is formed. So far 100 projects have been registered across the states which in reality are far more than this. After receiving regular complaints from the aggrieved customers it has now given a final three-month window to all such erring builders who have failed to register, as a failure of which strict penalty actions shall be taken. ...
UP-RERA has requested the State Government to institute a SIT (Special Investigation Team) to track how and where Unnati Group has diverted the funds of Rs.147 Crore raised from the buyers. As per the sources, it is known that the amount was generated by allotting over 100 flats each to two or three buyers. UP-RERA officers assured the buyers that it would not affect the progress of the work in Phases 3, 4 and 5 which will be completed by a co-builder following Section-7 of the RERA Act, 2016, which makes provision for UP-RERA to step in and facilitate completion of abandoned projects. ...
HRERA Chairman himself admitted that the Government agencies which are sanctioning the approvals of projects should be held equally responsible for delay as they take their own time to approve the projects. To ensure speedy actions, HRERA for the first time had directed that the application forms for buying a flat under affordable housing scheme should be available at the Government offices. ...
Blaming cycle continues when 37% of 2581 projects registered under RERA Karnataka fails to meet the completion deadline. According to the RERA Act, a builder has to declare the completion date at the time of registration and in case of failure to meet the deadline, he can seek extension once for a maximum of one year. In case the project is not completed within the maximum allowed time frame the RERA can confiscate his escrow account and initiate legal action. The authority seems to be helpless in this case. ...
Many homebuyers have approached JDA (Jaipur Development Authority) to complain about the colonies which are not made as per the approved plan. In order to lure the homebuyers, these colonies firstly offer many facilities and construction is done oppositely to make more money. The illegal business of non-regularised plotted colonies on agricultural land continues to flourish in the state capital leaving homebuyers in a fix. For the regularised market, the Urban Development and Housing (UDH) department has implemented RERA to check the authenticity of projects. ...
After many strict warnings served almost 3 months ago to Unnati Fortune’s Aranya, located in Noida Sector-119, regarding financial irregularities and funds diversion by it, the de-registration order was served based upon the information collected, inspections made of the site, complaints registered with UP-RERA and non-compliance of the provisions of the RERA Act. The order de-registered Aranya phases 3, 4 and 5 under section 7 of the RERA Act on the project which is valued over Rs.1500 crore. This step is serving as a warning to other builders as well. ...
Another RERA battle awaits homebuyers due to non-execution of RERA orders passed. Several RERA orders passed which favored homebuyers have not been executed. The wait continues for them even after 3 years of RERA. Although provisions are there for non-execution of orders passed which states that the District Magistrate shall recover the dues as arrears of land revenue. The money so recovered is deposited in RERA Account and from there it is transferred to the beneficiaries of the RERA Order. ...
According to reliable sources, only 16 Real estate projects have been registered under RERA in the National Capital and against which 72 complaints have been received against the builders. Out of 72 complaints, the authority has resolved 24 complaints till last week. Such shocking data has been observed in the capital of the country. ...
To aid early resolutions for stuck projects some industry experts and realtors are demanding a permanent bench of RERA for Indore so that speedy redressal of disputes becomes possible as there is only one RERA team visiting Indore thrice a month for the hearings. An anonymous member of CREDAI, also complaining that RERA is only penalizing builders, it should extend its scope to help builders in getting funds so that early completion of projects is possible. ...
Despite the RERA Act, 2016 imposed by the parliament in May 2016, Kerala is among the few states in the country which has not established the RERA Authority and Appellate Tribunal under the Act. According to the sources it is likely to notify the RERA Authority soon after the declaration of election results. Although in 2018, it had set up an interim authority the system has remained more or less dysfunctional with no registrations or complaints received. ...
Even though the buyers had paid 90% of the amount, the construction is only 45-50% complete in Ansal Highland Park project in Sector 103 of Gurugram. The construction work has not seen any progress in the last six months as a consequence of which more than 600 homebuyers are bearing financial difficulties of paying high rent, EMI on housing loan and legal fees battle against the developer. To save their hard earned money the homebuyers association filed a case in HRERA, Gurugram. ...
After receiving many complaints regarding fake structurally completed projects near Chennai that were previously exempted from TNRERA due to section 2h(iii) of the rules which covered the areas under the Directorate of Town and Country Planning (DTCP), an order has clearly given the right to the authority to take complaints and issue notices to developers even for structurally completed projects that are still delaying the delivery of the apartments. They misused the section to not register with the TNRERA. ...
After many cases observed where the developers were tending to push ahead of the deadlines of possession date in order to avoid penal proceedings, MAHARERA passed an order instructing the developers to set feasible and realistic deadlines depending on the work and timeline. It has clearly mentioned that the developers won’t be able to change possession dates without putting up a notice on the MAHARERA Website unless there is some national calamity or pressing situation. ...
Due to 1000 complaints received with respect to projects and promoters outside the planning area, the UP-RERA has directed the local authorities to start the registration of the projects. Using the power of Section 3 of the RERA Act it can direct any promoter to register a project which is even outside the planning area in order to protect the interests of the buyers. It has clarified that a project can be registered in RERA only if the layout of the plan has been approved by the concerned local authority. ...
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