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Category: RERA

CREDAI

CREDAI seeks exemption for the projects that have received CC & OC before the RERA was enforced.

October 12, 2019

The Confederation of Real Estate Developers Associations of India (CREDAI-Pune Metro) has stated that the Registration of Real Estate Regulatory Authority (RERA) should not be required for the housing projects which have received the completion or occupancy certificate before the implementation of the RERA Act in Maharastra. Prior to the implementation of RERA Act, the registration […]

CREDAI seeks exemption for the projects that have received CC & OC before the RERA was enforced.more
Insolvency

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).

October 1, 2019

The National Company Law Tribunal has launched a case against renowned Mumbai developer Lokhandwala Infrastructure Private Limited for insolvency settlement and has asked operational creditors, financial creditors, home buyers and employees to give proof in their claims by October 3. Proclamation issued by Ajit Kumar, the NCLT-appointed Insolvency Resolution Professional, said NCLT’s Mumbai Bench ordered the […]

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).more
MahaRERA

MahaRERA will provide skilled work certificate for better quality of construction

June 18, 2018

By Realty Quarter Bureau The authority will certify trainers to train workers for the real estate industry. MahaRERA chief Gautam Chatterjee said the training will help the labour force deliver projects of better quality, which will eventually be graded. “Consumers can access the grades given to the projects on the MahaRERA website,” said Chatterjee.    

MahaRERA will provide skilled work certificate for better quality of constructionmore

MahaRERA Chief Gautam Chatterjee set to make land title insurance mandatory

Gautam Chatterjee, the chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA), is all set make title insurance mandatory for registered developers. This comes after insurance companies expressing interest in providing title insurance for the real estate projects. Though the RERA had made land title insurance mandatory for developers, the state unit was not able to implement the clause right away […]

MahaRERA Chief Gautam Chatterjee set to make land title insurance mandatorymore

Housing Minister refuses to make any change in real estate law (RERA)

May 15, 2018

By Realty Quarter Bureau June 30 has also been set as the deadline for establishing permanent regulators, start websites and the tribunals as prescribed in the law, sources said. While chairing the first central advisory council meeting of RERA, Union housing and urban affairs minister Hardeep Singh Puri reportedly said there is no question of amending any […]

Housing Minister refuses to make any change in real estate law (RERA)more
RERA

How RERA is revolutionizing Indian real estate

May 4, 2018

By Anuj Puri, Chairman – ANAROCK Property Consultants The 14 spokes of RERA’s protective umbrella The Indian real estate industry, particularly the residential sector, was in the past correctly characterized as being unregulated and unorganized with unreasonable project delays and poor quality of construction being definitive aspects. The arrival of the Real Estate Regulatory Act […]

How RERA is revolutionizing Indian real estatemore

RERA aims to ensure Good Governance through greater transparency & accountability: Shri Hardeep Singh Puri, MoS Housing & Urban Affairs

May 3, 2018

By Realty Quarter Bureau Shri Hardeep Singh Puri, Minister of State (Independent Charge) for Housing and Urban Affairs, Government of India present at the ‘MAHARERA Conciliation Forum’ in Mumbai. He expressed his happiness on participation of the 1st Anniversary of MahaRERA which he called as ‘a vision that has come true’. He added that it is reassuring to […]

RERA aims to ensure Good Governance through greater transparency & accountability: Shri Hardeep Singh Puri, MoS Housing & Urban Affairsmore

Rajasthan RERA wants builders to pay registration fees per size the plot/land

April 20, 2018

By Realty Quarter Bureau Developers in the state will have to shell out extra money to register their big projects with Rajasthan Real Estate Regulatory Authority (RERA). With this, it’s expected that flat and plot prices in many projects would increase as developers would transfer their financial burden to the consumers. The authority has decided to remove […]

Rajasthan RERA wants builders to pay registration fees per size the plot/landmore


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