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In Andhra Pradesh, only 23 projects have been registered with the RERA out of around 2000 projects falling under the purview of RERA. Sources said that in the capital city region alone, over 70,000-80,000 flats have either been completed recently or are under construction. As per rules, all these projects should have been applied to RERA. However, promoters are not earnest on joining RERA, stating several technical and financial troubles. Nine projects-all big-ticket investments from the capital city region got registered under RERA while one each project from Visakhapatnam and Kadapa got registered. “We are waiting with patience with a hope that they will join sooner or later. We will not hesitate to crackdown after giving little more time,” said a senior official of Rera. ...
The State government of Telangana will form RERA expert committee in three months. The government is planning to hire IT experts and will take help of agencies that look after RERA in Maharashtra. Principal secretary, municipal administration, Arvind Kumar told a delegation of Forum for People’s Collective Efforts (FPCE), Fight for RERA, a pan-India movement, and U-FERWAS that the new panel will be ready by July. He said a high-level government delegation had visited Maharashtra and Karnataka to study the implementation of RERA and launch of RERA website. ...
MAHARERA, the real estate authority of Maharashtra has summoned officials of Navi Mumbai Municipal Corporation regarding environmental clearance delay in connection with Green World Project at Airoli on Thane Belapur Road. They appeared before the authority on January 5 and accepted that the delay had happened at their level, said an order by MahaRERA Member Vijay Satbir Singh. It was clear that project was delayed due to delay in environmental clearance. “Considering the disruption in construction work for a period of more than a year and other constraints, it is reasonable to extend the date of possession by a year and half to calculate the promoter’s contractual liability under Section 18 of RERA. The promoter is, therefore, liable to pay interest to the allottees from July 1, 2017,” Singh observed in his nine-page order. ...
KRERA is planning to appoint a private entity to identify unregistered project in the State. The private entity firm will find out the ongoing projects and new launches which are not registered in RERA yet. KRERA has issued tenders for invitation of application for appointment of consultancy. The private entity will be submitting a detailed report to the authority by conducting ground level survey for identification of unregistered projects. “We are planning to execute the project on a trial basis for a month,” said P Sunil Kumar, secretary, RERA. RERA was using the plan sanction certificates issued by BBMP as preliminary information and was planning to send the surveyor to the address for physical verification. “We will scale up the project with more effective tools and expand it to the rest of Karnataka gradually,” said Kumar. ...
Haryana Real Estate Regulatory Authority (HRera) on Tuesday stated that there should not be any difference in the amenities and facilities shown in developers advertisements and what they deliver on ground. Developers who give deceiving information and false ads to lure buyers will face action now,” said chairman of HRera (Gurugram) K K Khandelwal, while he was speaking at a workshop organised by the authority and labour department on Tuesday. K Khandelwal said the authority has already given legal notices to 3-4 developers. “Unlike in the past, now the developer cannot accept pre-booking,” said Khandelwal, adding that the objective is to ensure that developers should give correct information so buyers can take an informed decision without getting deceived. ...
The Gurugram bench of Haryana Real Estate Regulatory Authority ( H-Rera ) is proving a new RERA certificate to developers and real estate agents who register with the HRERA. “H-Rera rules will be engraved on the left-hand side of the certificate,” said H-Rera chairman K K Khandelwal, adding that the objective of the new certificate is to evade duplication and tampering. “Real estate agents will not facilitate the sale or purchase of any plot, apartment or building, as the case may be, in a real estate project or part of it, being sold by the promoter, which is not registered with the Authority " stated chairman K K Khandelwal. ...
The maximum of real estate projects in rural areas still not registered with Rajasthan RERA. According to official sources, “Less than five developers have registered their projects in Jaipur. The projects are more than 50 in the state capital.” After implementing the RERA in urban areas, authority decided to take real estate projects in rural areas under its ambit. A penalty would be levied if developers miss the boat to register their ongoing project within the target date. The Authority will impose penalty of up to 10% of project cost on Developers who fails to register with RERA. ...
The Telangana Government has constituted an expert committee to study the status of RERA implementation in the State. The Principal Secretary, Municipal Administration, Arvind Kumar has issued orders in this regard, an official release said today. The expert committee consist of Chief City Planner of the Greater Hyderabad Municipal Corporation (GHMC) S Devender Reddy, Municipal Administration and Urban Development (MA&UD) department Director (Planning) S Balakrishna, and Director of Town and Country Planning K Vidyadhar, stated in notice. The committee will study the Process followed by Maharashtra and Karnataka for administrative setup and other functional aspects. ...
Despite of eight months of its inception, there is no permanent regulator for TNRERA. The Secretary of Housing and Urban Development is presently acting as interim chairman of the RERA authority in Tamil Nadu. The State Government of Tamil Nadu passed the RERA Rules on June 22, 2017. Ramaprabhu, honorary secretary of the Builder Association of India's Southern Centre, Chennai, said a full-time chairman and members were essential for smooth functioning of the authority. "Their presence is required for swift action and quick disposal of the grievances of home buyers," he stated. As per the Real Estate Regulatory Act 2016, every state needs to form an authority within the stipulated period of one year from the date of the act enforcement. ...
The State Government of Kerala has appointed B Ashok as the interim real estate regulatory authority. The LDF government had withdraw RERA Act ,2015 stating that it did not protect the end user and its provisions are more towards the Builders end. With the government now bustling for an interim authority, officials said that there could be further holding in having a full bloom RERA in the State. The order appointing urban affairs secretary as the interim regulatory authority says that the call to have an interim body has been compelled by growing number of real estate-related complaints and litigations in the absence of such an authority. ...
Karnataka stands second in Real Estate Regulatory Act implementation in the country. With over 1900 projects registered and 100 complaints filed, state is a leader in the country after Maharashtra. A joint report on ‘RERA: How are you gearing up for compliance’ by the Federation of Indian Chamber of Commerce and Industry (FICCI) and Grant Thornton released last week has given Karnataka second position in the country, next only to Maharashtra with regards to registration of projects. ...
TN RERA has received maximum number of applications for project registration from Chennai followed by Coimbatore. After Chennai, the most number of applications for approval of real estate projects have been received from Coimbatore, said S Selvakumar, secretary of projects, Tamil Nadu Real Estate Regulatory Authority (TNRERA). After Coimbatore, there were significant number of applications from Madurai, Trichyand Hosur. “So far, there have been no applications from Ramanathapuram and Sivaganga,” said Selvakumar. He added that the TNRERA was taking all measures to create awareness about the act across the state.“ A total of 56 project applications have been received out of which 43 have been approved from Coimbatore. ...
GOA RERA extended date for registration of ongoing projects in RERA to 23 march 2018. Developers can register their projects till 23 march 2018. “However, applications for registration can be uploaded till March 31 but with a penalty of Rs 50,000,” secretary for urban development and interim RERA authority for Goa Sudhir Mahajan stated in the circular. GOA RERA website was launched in mid January. Till now only four projects and six agents are approved in GOA RERA. ...
Developers in Punjab gets the second bite of the cherry as RERA Punjab has given another opportunity for Registering in RERA. Those developers who have not registered their projects by 31st December 2017 has another chance to register in RERA. A spokesman of Punjab Government stated as per provision of section 3 of Real Estate (Regulation and Development) Act, 2016, promoters of the ongoing projects (except those exempted under section 4 of the Act) were required to register their projects within three months of the commencement of the Act which is July 31, 2017. The authority subsequently extended the last date of registration of projects up to December 31, 2017, he added. ...
In ruling of MAHARERA , complaints of numerous aggrieved buyers were dismissed on the ground that agreement signed between allotees and Developers was taking shape of lease transaction and hence out from the purview of RERA. Buyers now want the involvement of State Government in the case. MahaRERA should remove Lavasa from its online portal if complaints from its buyers did not fall in the purview of the RERA demanded buyers. “At least people will stop approaching MahaRERA. We appeal to the Devendra Fadnavis government to intervene and give us justice,” buyer said. Total of five complains were set aside due to paucity of legal grounds. ...
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