Category: RERA

Real estate developers seek intervention from the Housing Ministry in response to rising cement and steel prices.

March 12, 2022

Property developers are concerned about the rising contract sum due to continuous increases in raw material prices such as steel and cement, as well as an additional surge in the backdrop of the Russia-Ukraine war. Concerned about rising costs, realtors have asked the Ministry of Housing & Urban Affairs (MoHUA) to intervene through their pan-India […]

Real estate developers seek intervention from the Housing Ministry in response to rising cement and steel prices.more

MahaRERA projects may soon receive property cards.

March 10, 2022

A senior revenue official said on March 9 that the scheme to issue property cards to flat owners could begin soon with MahaRERA-registered projects. The state cabinet approved the scheme to issue independent property cards to flats (vertical properties) in 2019. All flat owners were supposed to receive these property cards containing information about carpet […]

MahaRERA projects may soon receive property cards.more

RWA has spoken out against Bangalore Municipal Corporation’s unauthorised road project in Whitefield.

March 8, 2022

On March 3, the Namma Whitefield Resident Welfare Association Federation filed a complaint with the Lokayukta about an illegal road built in the buffer zone of Pattandur Agrahara Lake. The project, according to Sandeep Anirudhan, president of the association, violates nearly 15 written laws and is causing contempt to the High Court, which prohibits construction […]

RWA has spoken out against Bangalore Municipal Corporation’s unauthorised road project in Whitefield.more

In 2021, MahaRERA declares 407 projects in the state to be “lapsed.”

March 7, 2022

MahaRERA, the state’s real estate regulator, declared 407 projects across the state “lapsed” in 2021 after their registration validity expired. In the Aurangabad division alone, the ‘lapsed’ list includes approximately 23 projects. A promoter is not permitted to advertise, market, book, sell or offer for sale, or invite people to purchase any plot, apartment, or […]

In 2021, MahaRERA declares 407 projects in the state to be “lapsed.”more

Construction quality must be checked by RERA authorities from the start of a real estate project: FPCE

February 23, 2022

As per the Forum For People’s Collective Efforts, the partial collapse of a tower at the Chintels Paradiso housing project in Gurugram, Haryana, has discovered serious lapses in the proper functioning of both development authorities and real estate regulators in the state under the realty law RERA (FPCE). The FPCE, an apex body for home […]

Construction quality must be checked by RERA authorities from the start of a real estate project: FPCEmore

In four months, 419 developers in Maharashtra had also decided to opt for e-registration.

February 19, 2022

Since October last year, when the online facility for first-sale properties was launched to alleviate crowding at state sub-registrar offices, 419 developers have applied for e-registration of their projects from their offices. The registration and town planning authorities approved 347 of the 419 applications, and nearly 300 documents were registered. According to state registration department […]

In four months, 419 developers in Maharashtra had also decided to opt for e-registration.more

The Chief Justice of the High Court of Calcutta has nominated a senior judge to oversee RERA implementation in West Bengal.

February 12, 2022

The Chief Justice of the Calcutta High Court has nominated a senior judge to facilitate the formation of adjudicatory bodies under the central act, indicating that the West Bengal government is moving to implement the Real Estate (Regulation & Development) Act, 2016. The state government’s counsel informed the Supreme Court of this development while urging […]

The Chief Justice of the High Court of Calcutta has nominated a senior judge to oversee RERA implementation in West Bengal.more

Real Estate Year-End Review and Outlook for 2022 By Shraddha Kedia-Agarwal, Director, Transcon Developers.

January 27, 2022

Shraddha Kedia-Agarwal, Director, Transcon Developers. Sector performance in 2021 While India’s real estate market makes a certain move for investment due to low prices, increased transparency, and digital progression, the fact that the world is coping with the pandemic is an opportunity in itself. The stamp duty cut announced by the State Government at the […]

Real Estate Year-End Review and Outlook for 2022 By Shraddha Kedia-Agarwal, Director, Transcon Developers.more

Excellaa Tremont Gets Unprecedented Response in Keshav Nagar- Pune

October 19, 2021

More than 100 units booked within 2 weeks of launch Pune, 30th September 2021: Excellaa, a major player in the real estate sector in Pune has launched, ‘Excellaa Tremont’- a premium residential project that guarantees utmost luxury at a desirable price in the heart of Keshav Nagar- Mundhwa, Pune. The project witnessed an unprecedented response […]

Excellaa Tremont Gets Unprecedented Response in Keshav Nagar- Punemore

‘Other charges’ obtained by the builder will be subject to 18% GST: AAR

September 8, 2021

A recent judgment issued by the GST-Authority for Advance Rulings (AAR) to Puranik Builders is expected to have a negative impact on both the builders and the consumers, since it may raise expenses. The AAR has ruled that “other charges” received by a builder under a sale agreement are not a composite supply and would […]

‘Other charges’ obtained by the builder will be subject to 18% GST: AARmore

Category: RERA

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