The Real Estate (Regulation & Development) Act, 2016, (RERA) has ushered in a wave of transparency and structure to an otherwise unregulated real estate market. However, many home buyers may still not have clarity … READ FULL STORY
The Uttar Pradesh Real Estate Regulator (UP RERA) on July 18 said that it will assign a unique QR code to each new project during registration. Promoters have to necessarily publish this QR code … READ FULL STORY
July 12, 2024: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has directed all industrial and housing development authorities to clearly identify parts of projects before issuing part-wise completion certificates (CC) or occupancy … READ FULL STORY
July 8, 2024: RERA Maharashtra, the regulatory body of the Maharashtra government, has fined 628 projects in the state for not complying with its mandatory rule of displaying the project registration number and QR … READ FULL STORY
June 25, 2024: Of the 46,770 MahaRERA registered projects (according to MahaRERA website), only 195 projects in Maharashtra have established grievance cells to address after-sales complaints of their homebuyers. In an official statement the … READ FULL STORY
June 11, 2024: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended registration of over 1,750 housing projects across the state that have lapsed. Also, similar action is under-way for another 1,137 projects. Of … READ FULL STORY
In any kind of investment across any asset class, including the real estate, the general perception is to grow. The expected growth and appreciation are mostly achieved in the real estate sector due to … READ FULL STORY
May 2, 2024: In a bid to protect the homebuyers’ interest and promote efficiency and transparency, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has proposed a draft order under which it is mandatory for … READ FULL STORY
As RERA (Real Estate Regulatory Authority) is close to its seven years of completion, homebuyers across the nation have more to complain than compliment with what was supposed to be a gamechanger law. Findings … READ FULL STORY
The Real Estate Regulatory Authority (RERA) protects the interests of property buyers. The authority’s objective is to avoid disputes between buyers and builders. One of the rules under the Real Estate Regulation and Development … READ FULL STORY
April 23, 2024: Over 212 projects in Maharashtra have been red flagged by the Maharashtra Real Estate Regulatory Authority (MahaRERA) for not updating their construction status. These projects were launched between January 2023 and April … READ FULL STORY
April 17, 2024: The Haryana Real Estate Regulatory Authority (RERA) court has fined real estate developer Vatika more than Rs 6 lakh for breaching provisions of the builder-buyer agreement rules. Vatika was found to … READ FULL STORY
April 2, 2024: The Telangana RERA has issued a statement citing that developers offering pre-launch offers are against the RERA rules. If found guilty, strict action will be taken against errant developers with a … READ FULL STORY
