By Abhay Shah, Realty Quarter Besides problems for the developer of Palais Royale, the 56-floor under-construction tower at Worli Naka in Mumbai, the town collector will auction out a portion of the land he stands to recover dues for a flat purchaser. The forthcoming sale was made on the order of the government housing regulator MahaRera last […]
Part of Palais Royale to be auction by the collector – Mumbaimore
By Abhay Shah, Realty Quarter Brokerage issues can now be covered in the context of a recent change in the regulations that were given by the housing department on June 6 by the Maharashtra Real Estate Regulatory Authority (MahaRERA). Marketing and brokerage following the sale of flats shall not be covered by the price of developing or […]
A broker can now approach RERA authority if his brokerage is due.more
By Abhay Harish Shah, Realty Quarter In order to ensure that larger units can be undertaken under its remit, particularly in rural regions, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has decreased the minimum registration fee from Rs.50,000 to Rs.10,000. The amendment took place under the revised regulations issued by the Maharashtra Housing Department on […]
Minimum MahaRERA registration charges decreased from Rs.50,000 to Rs.10,000.more
By Abhay Harish Shah, Realty Quarter Two house buyers, who have been denied by the Maharashtra Real Estate Regulatory Authority for their complaint regarding violations of the development agreement of the Vile Parle project in Bombay, have now moved an arbitration petition to the High Court and sought damages from the developer of Rs. 1.62 […]
Homebuyer’s files petition against Harshmaan Construction at Bombay High Court.more
By Abhay Harish Shah, Realty Quarter The Maharashtra Real Estate Regulatory Authority (MahaRERA) makes the declaration that while transferring or allotting promoters rights and liabilities to a third-party the real estate developers has to disclose any financial creditors charge on their projects. The regulator’s direction assumes importance, upon growing instances of joint development contracts or […]
MahaRERA declares – Developers are not allowed to transfer their majority stakes without written approval from the authority.more
By Abhay Harish Shah, Realty Quarter There have been numerous cases where home buyers have faced delays in acquiring their apartments. In many cases, delays are over five to six years. Some developers even did not mention the date of possession in the agreement which resulted in the home buyers suffering from financial and mental trauma. […]
What can a buyer do when the agreement does not specify the date of possession?more By Abhay Harish Shah, Realty Quarter How will you feel when you see your future flat blueprint to be great but in real builder doesn’t fulfil all the said commitments? As a buyer, you will feel cheated right? A similar kind of case happened at Goregaon East where a Residents of a 31 storey tower […]
Omkar Ananta’s residents are looking for MahaRERA to intervene against VGS Realty Constructionmore
By Abhay Harish Shah , Realty Quarter The state has established Maharashtra Real Estate Regulatory Authority also known as MahaRERA in March 2017. MahaRERA is authorised to regulate and promote the real estate sector. All the real estate projects (Commercial & Residential) situated in Maharashtra has to be registered with the real estate regulatory. The […]
MahaRERA is going to concentrate on the most delayed housing projects in Maharashtramore
Mumbai Grahak Panchayat (MGP) has urged consumers to register complaints about errant builders on its portal to ensure that no developer is left out from registration with the Maharashtra Real Estate Regulatory Authority (MahaRERA). The survey also intends to track the unregistered developers and share the information with the regulatory authority for further action. Nearly […]
Mumbai Grahak Panchayat’s survey aims at maximum projects under MahaRERAmore
07th September 2018 Venue: MAYOR HALL, 3037 – CD Barfiwala Road, Juhu lane- Yadav Nagar, Andheri – West, Mumbai – 400058 Timing: 4:30 to 7:30pm followed by “High Tea” ABOUT REALTY QUARTER: Realty Quarter is a premier quarterly magazine with a prime focus to explore the Real Estate Sector, Construction Material Industry, Advertising and […]
2nd Biggest Conference on RERA and GST, 07th Sep 2018, Mayor Hall, Mumbaimore
