The Maharashtra Real Estate Regulatory Authority (MahaRera) has floated a consultation paper for the implementation of a grading system for real estate projects. This move is designed to ensure that homebuyers receive residences of … READ FULL STORY
November 29, 2023: Citing a recent Maharashtra Real Estate Regulatory Authority (MahaRERA) circular that indicates that a developer can only deduct 2% of the entire property amount in the case of booking cancellation by … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016, (RERA) came into effect from May 1, 2016 to safeguard the interests of homebuyers and promoters. There are 92 sections that are notified under the RERA … READ FULL STORY
November 22, 2023: Updating or uploading the Quarterly Progress Report (QPR) of a registered real estate project is one of the most important functions of the developer who has registered his project with the … READ FULL STORY
November 16, 2023: The counselling cell that was conceived by the Maharashtra Real Estate Regulatory Authority (MahaRERA) is sought after by homebuyers and developers, mentioned by the department as per media reports. The cell … READ FULL STORY
August 31, 2023: The Telangana Real Estate Regulatory Authority (TSRERA) has issued show-cause notices to three developers for alleged violations of norms in their real estate projects. The authority has directed them to provide … READ FULL STORY
August 25, 2023: The Kerala Real Estate Regulatory Authority (Kerala RERA) has introduced a Quick Response code (QR code) for each Kerala RERA project. From September 1, 2023, promoters must display a QR code … READ FULL STORY
August 18, 2023: The Supreme Court (SC) has recently issued notices to the chief secretaries of Nagaland, Sikkim, Meghalaya and Union Territory of Ladakh to give their responses on the lack of establishment of … READ FULL STORY
August 1, 2023: Starting today , the Rajasthan Real Estate Regulatory Authority (Rajasthan Rera) will levy a standard fee along with project registration fee for plotted development projects- both housing and commercial. Presently, for … READ FULL STORY
July 27, 2023: In an order issued on July 25, 2023 by MahaRERA, failure to comply with the QR code functionality will be considered as violations of directions issued by Rera. A penalty which … READ FULL STORY
Months after withdrawing the Odisha Apartment (Ownership & Management) Bill, 2023, from the Assembly, the state government has notified the same in the form of an ordinance to consolidate the laws relating to ownership … READ FULL STORY
Developers in Maharashtra whose projects are complete and have received completion certificate (CC) and occupation certificate (OC) may advertise their projects even without the Maharashtra Real Estate Regulation Authority (MahaRERA) registered number. This is … READ FULL STORY
June 8, 2023: There has been a revision in the criteria of inclusion of projects under the West Bengal Real Estate Regulatory Authority (WB RERA). According to a TOI report, a notification issued on … READ FULL STORY
