Category: RERA

Rajasthan RERA has begun issuing exemption certificates to builders.

December 22, 2022

JAIPUR: The Rajasthan Real Estate Regulatory Authority (RERA) has begun granting exemption certificates to developers for completed real estate projects prior to sale or marketing. RERA-Raj decided that developers who completed their real estate projects and obtained a completion certificate from any relevant authority, such as development authority, municipal corporation, and urban improvement trust (UIT), […]

Rajasthan RERA has begun issuing exemption certificates to builders.more

Customers are irritated by the slow execution of MahaRERA recovery orders.

December 16, 2022

PUNE: Arun Seth (78) has been waiting nearly four years for revenue officials to execute a recovery warrant issued by MahaRERA against the contractor for the delay in ensuring possession of an apartment he purchased in Mumbai. “We had reserved a 550-square-foot one-bedroom flat in Malad in 2011. The developer and I reached an agreement […]

Customers are irritated by the slow execution of MahaRERA recovery orders.more

MahaRERA will approach UDD for a portal that displays approvals.

December 12, 2022

PUNE: The MahaRERA will approach the state’s urban development department (UDD) to establish a dedicated portal for all commencement and occupation certificate approvals. There is currently no portal that displays such permissions. One of the mandatory requirements for registering a project under the Act is that the promoter submits an application for a commencement certificate. […]

MahaRERA will approach UDD for a portal that displays approvals.more

The Ahmedabad civic body receives 1,088 applications for construction regularization.

November 26, 2022

AHMEDABAD: On Friday, the state urban development group announced that it had received 1,900 applications from cities and towns across the state under the new impact fee policy, the Gujarat Regularization of Unauthorized Development Ordinance (GRUDO) 2022. According to the department, the urban development department has yet to review applications. Property owners who want to […]

The Ahmedabad civic body receives 1,088 applications for construction regularization.more

The SIT has arrested five more developers in connection with the Kalyan-Dombivli RERA scam.

November 24, 2022

KALYAN: In a significant development in the RERA scam, the Special Investigation Committee has finally arrested five developers who prepared forged building authorization documents and used them to obtain RERA certificates to sell their unauthorized flats. The SIT has arrested 65 developers in this case, and they previously arrested 5 people in this scam who’d […]

The SIT has arrested five more developers in connection with the Kalyan-Dombivli RERA scam.more

Revenue officials cite obstacles to carrying out MahaRERA orders.

November 2, 2022

PUNE: The state’s revenue officials have cited difficulties in enforcing Maharashtra Real Estate Regulatory Authority (MahaRERA) recovery warrant orders, with developer properties to be auctioned either on lien or rent or already mortgaged to financial institutions. Authorities are working hard to ensure that nearly 751 recovery warrant orders are carried out and that homebuyers receive […]

Revenue officials cite obstacles to carrying out MahaRERA orders.more
MahaRERA

MahaRERA increases the number of checks required to register projects.

September 26, 2022

The Real Estate (Regulation and Development) Act currently has 37,823 projects registered in the state. According to a Maharashtra Real Estate Regulatory Authority (MahaRERA) official, applications for 1,096 projects are being finalized. PUNE: For the benefit of consumers, builders who register their projects with MahaRERA will now face stricter scrutiny. The state currently has 37,823 […]

MahaRERA increases the number of checks required to register projects.more
Court Order

Refund Rs 7 crore to flat buyers; builder cannot keep extending deadlines: MahaREAT

May 9, 2022

The Maharashtra Real Estate Appellate Tribunal ruled on May 4 that the “completion date cannot keep getting extended on grant of each commencement certificate (CC)” and ordered a builder to refund a couple who paid nearly Rs 7 crore for a 16th-floor flat in a Bandra (East) highrise in 2015. They did not obtain possession […]

Refund Rs 7 crore to flat buyers; builder cannot keep extending deadlines: MahaREATmore
Partnership

BI Group collaborated with Oberoi Hotels to open 19 serviced apartments in central Delhi.

May 6, 2022

The company spent nearly Rs 150 crore on real estate and will spend another Rs 100 crore on construction. Trident Residences will be the first of its kind in the capital. BI is a Delhi-based company. collaborating with Oberoi Hotels to launch 19 ultra-luxury residences in central Delhi, with prices ranging from Rs 20 to […]

BI Group collaborated with Oberoi Hotels to open 19 serviced apartments in central Delhi.more
Real estate investment

Over 10,000 unlawful documents will be checked by a Pune collector.

April 13, 2022

The Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act requires the District Collector’s office to review the mutation entries of the 10,000 property papers registered in contravention of the act. The registration department has prosecuted 44 officers for fraudulently registering 10,561 papers in violation of the Real Estate Regulatory Authority Act and the Maharashtra […]

Over 10,000 unlawful documents will be checked by a Pune collector.more