Category: RERA

PMAY-Urban: Individual can check their housing subsidy application online through the CLSS Awas portal.

November 26, 2019

CLSS Awas portal was launched on 25 November by Union Minister Hardeep Singh Puri, through which people will be able to track their applications for housing subsidies under the Pradhan Mantri Awas Yojna (PMAY)-Urban. The Ministry of Housing and Urban Affairs said at the launch of the Credit Link Subsidy Scheme (CLSS) Awas Yojana that […]

PMAY-Urban: Individual can check their housing subsidy application online through the CLSS Awas portal.more

FPCE demands Prime Minister’s intervention to get errant developers to NCLT.

November 21, 2019

The Forum for People’s Collective Efforts (FPCE) lobby of homebuyers requested involvement by Prime Minister Narendra Modi to avoid any attempt to prevent homebuyers from moving the National Company Law Tribunal (NCLT) against errant builders. Last year the Government implemented the Insolvency & Bankruptcy Code to consider homebuyers as financial creditors and authorize them, in […]

FPCE demands Prime Minister’s intervention to get errant developers to NCLT.more

Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

RERA: A group of residents cannot file a complaint against a builder without registration.

November 16, 2019

The Gujarat Real Estate Appellate Tribunal stated in a significant order that the group must, first be registered association if a group of residents wants to complain against a developer with the Gujarat Real Estate Regulatory Authority (RERA). The residents or allottees of houses can lodge complaints either individually or by means of a lawyer, […]

RERA: A group of residents cannot file a complaint against a builder without registration.more

Delhi-NCR projects may get delayed by three months due to the construction ban.

November 11, 2019

Based on the ban on construction activities in the city to tackle air pollution, builders have stated that home buyers waiting to take possession of their dream house in Delhi-NCR will need to wait for three more months. The Environment Pollution (Prevention and Control) Authority, (EPCA) had enforced construction ban on last Tuesday, until Monday, […]

Delhi-NCR projects may get delayed by three months due to the construction ban.more

MahaRERA update: Builders need to provide SRO details from 1st December.

November 5, 2019

As per the latest amendments made by MahaRERA, from 1st December onwards, all developers who are registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA) will have to provide details about the developer’s body with whom they are linked with. Officials from MahaRERA said that the amendments under Section 34 of the MahaRERA Act have been […]

MahaRERA update: Builders need to provide SRO details from 1st December.more

Government to Launch Online Portal for Real Estate Sector

Government to launch an e-commerce platform for the real estate sector by January 2020.

November 4, 2019

According to the recent updates, Union Housing and Urban Affairs minister Hardeep Singh Puri stated, that the central government is going to establish an e-commerce platform for the real estate sector. On Monday, Puri said at the first National RERA conclave in Lucknow, “I had a discussion with CREDAI and NAREDCO and very soon we’ll […]

Government to launch an e-commerce platform for the real estate sector by January 2020.more

Delhi-NCR developer demands that a homebuyer complaint should be first drawn to RERA before NCLT.

Even individual homebuyers who take builders to bankruptcy court, demand by the rattling property developers of Delhi-NCR says that all consumer complaints by regulator RERA be heard before insolvency proceedings have been initiated. According to CREDAI, around 450 real-estate companies/projects across the country face insolvencies under the Insolvency and Bankruptcy Code (IBC), due to defaults […]

Delhi-NCR developer demands that a homebuyer complaint should be first drawn to RERA before NCLT.more

How to determine an optimum rental amount for your apartment?

November 2, 2019

Many people invest in property to get a regular rental income from it. But what if you don’t get a proper rental income on your property? Below are the general guidelines which can be followed in order to achieve higher rental income. It is often difficult for homeowners to assess the correct balance between the […]

How to determine an optimum rental amount for your apartment?more

Ten Bungalows at Malad West have been allegedly marked under Slum Rehabilitation Authority Scheme.

October 30, 2019

In Malad West at Orlem, owners of almost 10 bungalows, claiming they live there for decades, were allegedly told a member of a neighbouring colony of sweepers to incorporate them without their knowledge in a Slum Rehabilitation Authority (SRA) scheme. The 10 bungalows in D’Monte Lane received notifications of demolition after their owners were considered as […]

Ten Bungalows at Malad West have been allegedly marked under Slum Rehabilitation Authority Scheme.more

A society which has taken on the redevelopment under RERA is not liable for free sale flats.

The High Court of Bombay said that a housing society that terminated their redevelopment agreement with a developer due to delay and then took over redevelopment through judicial decisions cannot be held liable, under RERA, as a ‘promoter’ for buyers that have reserved free sale flat. Justice S C Gupte nullified an order from the City Court […]

A society which has taken on the redevelopment under RERA is not liable for free sale flats.more

Category: RERA

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