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In a recent meeting of GOARERA, the committee decided to take up long pending cases against developers. Lorna Fernandes, a representative of consumer action network GOACAN said consumers under the old system are likely to raise their long-pending grievances. “There are a lot of people who have suffered in the past have cases pending consumer courts and before conciliation committee”. she said.Official agreed and Desh Prabhu Desai,president of the Confederation of Real Estate Developers Association of India,said small taluka committees could be formed to sort out the old pending cases. ...
The Maharashtra state Govt is planning to slash project registration from Rs 50,000 to Rs 10,000 as per the sources. Presently,the promoters are required to pay the registration fee along with the application for registration. While the fee is calculated on the basis of the area proposed to be developed at a rate of Rs 10 per square meter, existing rules state that a minimum of Rs 50,000 must be paid regardless of the plot size, while the maximum registration fee is Rs 10 lakh. The dilution will benefit construction projects being planned on small and medium-sized plots, said officials. “Developments of plots less than 5,000 sqm will benefit,” an official said. ...
The Greater Noida RERA bench will issue 200 orders next week out of total 490 complaints that have been listened since September. According to officials, the Greater Noida bench of UP-RERA has heard complaints mostly against eight builders in the past two months. “The members of the bench met Greater Noida and Noida Authority officials on Friday and discussed issues related to all those builders who are facing RERA complaints. The discussion was mainly about how to mitigate issues and what can be done to speed up delivery of flats,” said Singh. According to officials, the Greater Noida bench of UP-RERA has heard complaints mostly against eight builders in the past two months. “The members of the bench met Greater Noida and Noida Authority officials on Friday and discussed issues related to all those builders who are facing RERA complaints. The discussion was mainly about how to mitigate issues and what can be done to speed up delivery of flats,” said Singh. ...
The real estate regulatory authority of Haryana has sent notices to 52 developers on 1150 complaints received from Gurgaon end users. The complaints are related to delay in possession only. “The end-user is suffering because they are paying both EMIs and rent. These people have invested their life’s savings in these projects because they want a house of their own. However, their homes are not being delivered to them for years. In many projects, there is no clarity on when the projects will get ready,” said an official.HRERA will be taking stringent action against the builders. ...
Telangana seems to lag behind other states like Maharashtra, Uttar Pradesh, Gujarat and Karnataka in RERA adoption. Though the state notified the rules a year back, still the RERA portal is not operational yet. According to the Municipal Administration and Urban Development department principal secretary, Arvind Kumar RERA website will be functional from 01 September 2018. Trial runs of the same are being carried out by the authority. ...
In recent order by RERA Bihar, authority puts on hold the bank account of a Patna Based developer for giving false replies to show cause notice issued the builder. The show cause notice was issued for non-registration of ongoing project. The builder is further banned from taking the booking of any plot or apartment in the project at Shivala Mor on Dinapur Bihta Road.RERA Bihar chairman Afzal Amanullah have taken this stringent action on the basis of Section 36 of RERA act. ...
Following the verdict by Bombay High Court on July 31, MahaRERA will entertain the complaints filed by the consumers against unregistered real estate projects. According to the sources, consumers can take the benefit of this facility from August 16 after paying a fee of Rs. 5,000. According to section 3 of the Real Estate (Regulation & Development) Act, the authority is bound to hear the plea of aggrieved consumers against a realty project whether it is RERA registered or not. While talking to reporters, MahaRERA secretary Vasant Prabhu said, “We have already uploaded a form under the source information category and would enable the payment facility for those desiring a hearing for their complaints from August 16”. Also Read - RERA can adjudicate disputes related to past projects ...
In a recent judgment, Bombay high court dismissed three appeals filed by Lavasa Corporation against orders passed by Maharashtra real estate appellate tribunal which has entertained the complaints by three persons who had booked apartments developed by Lavasa Corporation through 'agreements to lease'. As per the tribunal, the complaints can be heard by MahaRERA under section 18 of the Maharashtra Real Estate (Regulation & Development) Act wherein the rules direct the builders to provide interest for delay in giving possession in terms of ‘agreement for sale’. During the hearing, counsel Raj Patel and Kaustav Talukdar who were defending Lavasa asked “ Is the provisions of RERA apply in case of 'agreement to lease', whereas the definition of 'promotor' under RERA includes 'lessor', and is the remedy provided under section 18 can be against a lessor too?” Also Read - Local authorities to submit the report on unregistered projects to MAHARERA Replying to this the High Court said that “Lavasa got itself registered under RERA necessitates an inference that it was aware that the project was "for sale of apartments constructed'' and hence "it was bound by RERA provisions.”It also said that “The 999-year lease is equal to the sale.” ...
A notification was published by the Uttar Pradesh government on Saturday regarding the appointment of UP RERA Chairman. Taking a step forward to ease the working of Uttar Pradesh Real Estate Regulatory Authority (UP RERA) the state government has appointed Rajive Kumar, former chief secretary as the permanent Chairman of UP RERA replacing Nitin Ramesh Gokarn, principal secretary – housing who was appointed as the interim Chairman. Along with appointing the permanent Chairman of RERA, the state government also appointed Bhanu Pratap Singh, Balvinder Kumar and Kalpana Mishra as members of RERA UP. Also read – How much has RERA assisted home buyers in last one year? ...
Even though most of the states have implemented rules for the Real Estate (Regulation & Development) Act aka RERA, the West Bengal government seems in no mood to implement this realty rules which is aimed to streamline the real estate sector. According to the sources, a home buyer association has recently appealed West Bengal CM Mamata Banerjee to revoke the West Bengal Housing Industry Regulation Act (WBHIRA) and implement the undiluted Real Estate (Regulation & Development) Act that was passed by the Central government in 2016. Also Read - Central team to persuade Bengal to switch back to RERA ...
Aiming to save the interests of home buyers in the state, the website for RERA Telangana is will become operational from 1st September 2018, confirmed, Arvind Kumar, MA&UD principal secretary. According to his latest statement, “While the RERA office is being readied at AC Guards, trial runs of the portal are being run for past few weeks. The port al will become operational from September 1", home buyers in Telangana can get assured of not being fooled by errant developers. To develop and maintain the website, Telangana government is taking help of Mahaonline Ltd which is a joint venture of the government of Maharashtra and Tata Consultancy Services, he added. Contact us today for a free consultation on RERA registration of projects and agents in Telangana. ...
Replying to a query in Lok Sabha over maintaining information related to real estate projects in any States or Union Territories, Minister of State for Housing and Urban Affairs, Hardeep Singh Puri said, “The Ministry does not maintain information about various housing projects of any state or UT. As per provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA), the concerned state is required to publish and maintain a website of records for public viewing of relevant details." RERA was implemented by the Indian government in 2016 to streamline the way of doing business in the real estate sector. According to the RERA rules, developers should register their real estate projects with the Real Estate Regulatory Authority of the state where the project is being developed whereas the RERA rules direct real estate agents to register themselves in order to carry out any business in the said sector. Click Here to check your RERA related knowledge. ...
The Bihar Real Estate Regulatory Authority has sent notices to 16 errant realty developers for not complying with Section 3 of the Real Estate (Regulation & Development) Act 2016. According to Rajiva Bhushan Sinha, Member, Bihar RERA, the authority has issued notices to real estate developers advertising their ongoing projects, entering into an agreement with customers, accepting advance money from them and completing the projects hastily without registering them with the RERA. Also Read - RERA Bihar – Builders must display project details at the construction sites This is a violation of section 3 of the RERA rules thus the authority has asked the defaulting builders to register their projects with RERA with a late fee of Rs 4 lakh or 400% of the registration fee, whichever is higher before July 31, 2018, he added. Click here to register your projects with Bihar RERA. ...
Telangana government is all set to implement the rules for Real Estate (Regulation & Development) Act in the state. The construction work for setting the office for the Telangana Real Estate Regulatory Authority at AC Guards in Hyderabad is nearing completion. According to the sources, the government will appoint senior officials and realty experts as permanent regulatory authority and RERA members respectively before implementing full-fledged RERA rules. As of now the Revenue Department has developed a beta version of Telangana RERA website and will soon launch the operational one which will ease the process of RERA registration of projects & agents and filing online complaints Click here to read interesting RERA related blogs. ...
Haryana Real Estate Regulatory Authority has warned the builders of strict actions if they fail to fulfill the promise made to home buyers. While addressing an interactive session with the members of industry body PHDCCI, Haryana RERA chairman, K K Khandelwal said that the builders can stay away from the RERA defaulters’ list only when they fulfill all the promises made to the buyers in their brochures. Appreciating the introduction of RERA, PHDCCI President Anil Khaitan said that this reform will change the face of realty sector and the real estate market will reach record breaking heights in the nearest future. Click here to get your projects registered with RERA today. ...
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