July 10, 2024: The Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has imposed a penalty of Rs 5 crore on real estate promoter Vatika for not registering its project within the deadline and violating … READ FULL STORY
June 18, 2024: In a move to ensure transparency in home buying, the Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has prepared a standard format for written arguments to ensure the speedy resolution of … 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
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
March 21, 2024: The Haryana Real Estate Regulatory Authority (RERA) on March 18, 2024, revoked the registration of five affordable housing projects initiated by Mahira Infratech due to alleged breaches by the developer. This … READ FULL STORY
Due-diligence is key during real estate investments. While there are many steps to be followed, the first step and mandatory one is to search if a project is Real Estate Regulatory Authority (RERA) registered … READ FULL STORY
February 26, 2024: The Odisha Real Estate Regulatory Authority (ORERA) in a recent order stated that a promoter developing a project from its own resources shall not be required to furnish annual audit certificate … READ FULL STORY
The Real Estate Regulatory Authority (RERA) was established in each state and union territory under the RERA (Real Estate) Regulation & Development Act, 2016. In 2017, the RERA act came into effect in Assam. … READ FULL STORY
February 16, 2024: The Haryana Real Estate Regulatory Authority (H-RERA) has issued a letter to banks on February 12, warning them of legal action if they permit developers to withdraw funds from the regulator’s … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) was established in 2016 with an intent to safeguard the interests of home buyers, developers and agents. Under RERA, each real estate transaction made is accounted … READ FULL STORY
With popular micro-markets like Noida, Greater Noida, Ghaziabad, etc., Uttar Pradesh is among those states that attract a large section of home buyers. With a large inventory and properties for sale, these areas in … 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 24, 2023: The Gujarat Real Estate Regulatory Authority (GujRERA) has launched the RERA 2.0 portal today. According to Order 83, Gujarat RERA 2.0 is available for user access from November 24, 2023. The … READ FULL STORY
