Category: RERA

rera

A conciliation bench is necessary to swiftly settle complaints: The chairman of Haryana RERA

December 16, 2023

GURUGRAM: On his first day of work, Arun Kumar, the new chief of the city bench of the Haryana Real Estate Regulatory Authority (H-Rera), gave senior officials instructions to address allottee concerns within the allotted time frame. “To help both parties — the developer and the allottees — a conciliation bench should be set up […]

A conciliation bench is necessary to swiftly settle complaints: The chairman of Haryana RERAmore
Audit

Builders must have project accounting audited by UP-RERA within six months of the conclusion of the fiscal year.

December 14, 2023

NEW DELHI: Within six months of the conclusion of the fiscal year, the promoter must have the project accounts audited and upload the audited balance sheet to the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) website. The project’s financial records will be examined by an authorized panel auditor if there are significant inconsistencies or complaints. […]

Builders must have project accounting audited by UP-RERA within six months of the conclusion of the fiscal year.more

It is concerning that MHADA is charging 18% interest: Maharashtra’s deputy chief minister

November 27, 2023

NEW DELHI: The deputy chief minister of Maharashtra, Devendra Fadnavis, described the current interest rate that MHADA is collecting from developers as extremely high and said that it must be lowered in order to be comparable to that of the BMC. In order to lower the current rate of 18% compound interest to the rate […]

It is concerning that MHADA is charging 18% interest: Maharashtra’s deputy chief ministermore

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.

November 25, 2023

MUMBAI: Raymond Ltd. was ordered by the Maharashtra Real Estate Regulatory Authority (MahaRERA) to withhold only 2% of the entire consideration of an apartment without charging interest. This is because the developer lost the entire sum of approximately Rs 6 lakh that a couple had paid after their reservation was canceled. It referenced a recent […]

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.more

Due to incomplete reports, MahaRERA suspends the registration of 248 projects.

November 21, 2023

MUMBAI: Due to the failure to update their quarterly progress reports, MahaRERA has suspended the registration of 248 projects, including three MHADA projects in Pune and Beed that were registered in February of this year. In a similar vein, the failure to update quarterly project reports may result in the suspension of 224 projects that […]

Due to incomplete reports, MahaRERA suspends the registration of 248 projects.more

Real Estate Conclave 2023 – The Future is Real

September 22, 2023

Niranjan Hiranandani School of Management & Real Estate (NHSMRE) Holds Its First Real Estate Conclave The Niranjan Hiranandani School of Management & Real Estate (NHSMRE) (affiliated to the HSNC University) organized its first edition of Real Estate Conclave titled “The Future is Real” at the prestigious Kishinchand Chellaram College auditorium on 8th September 2023. The […]

Real Estate Conclave 2023 – The Future is Realmore
QR coode

MahaRERA may impose fines on contractors who fail to include QR codes in their ads.

September 15, 2023

NAGPUR: Realtors claim that since the Maharashtra- Real Estate Regulatory Authority (MahaRera) mandated that builders print a QR code for each project in their advertising materials, transparency has been guaranteed. There have not yet been any complaints, according to sources at the Rera headquarters in Nagpur. A builder may be penalized up to 5% of the […]

MahaRERA may impose fines on contractors who fail to include QR codes in their ads.more
rera

Builders are urged by Delhi RERA to register their projects or face sanctions.

September 4, 2023

NEW DELHI: The Delhi Real Estate Regulatory Authority (D-RERA) has advised all developers against breaking the law and requested that they register any residential or commercial projects with the organization right away. According to a directive released on September 4, failure to follow the directives might result in fines of up to 10% of the […]

Builders are urged by Delhi RERA to register their projects or face sanctions.more

Gujarat High Court summons the state government once more over RERA and REAT vacancies.

August 29, 2023

AHMEDABAD: The Gujarat High Court chastised the state government once more for failing to designate members and the chairperson of the Gujarat Real Estate Regulatory Authority (RERA) and its appeal tribunal. When the government promised the bench of Chief Justice Sunita Agarwal and Justice Aniruddha Mayee that vacancies in these bodies would be filled as […]

Gujarat High Court summons the state government once more over RERA and REAT vacancies.more
rera

Now, prospective real estate brokers in Telangana must pass the RERA exam and obtain a credential.

August 28, 2023

HYDERABAD: Real estate agents in Telangana will soon be required to take an exam and obtain a certificate in order to perform their duties. Even individuals already in the industry will be required to take this test to renew their license. Telangana RERA chairman N Satyanarayana stated that the organization is working on finalizing the […]

Now, prospective real estate brokers in Telangana must pass the RERA exam and obtain a credential.more