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Tag: #RegulatoryAction

MAHA RERA

Despite the MahaRERA guideline, just 195 projects established grievance redressal cells.

June 26, 2024

Just 195 properties in the state have created the grievance redressal cell, despite the Maharashtra Real Estate Regulatory Authority’s mandate to realty developers to do so for their individual developments. In order to address the complaints of homeowners, the regulator has reviewed the matter and is currently preparing to take legal action against the developers […]

Despite the MahaRERA guideline, just 195 projects established grievance redressal cells.more
rera

285 promoters receive show-cause warnings from Odisha RERA for breaking regulations.

January 5, 2024

BHUBANESWAR: The Odisha Real Estate Regulatory Authority (ORERA) has sent show cause letters to 285 builders for failing to publish the Quarterly Progress Report (QPR) of ongoing projects around the state on the authority’s website, meaning that time is running out for misbehaving promoters. As per the regulations, real estate project promoters are required to […]

285 promoters receive show-cause warnings from Odisha RERA for breaking regulations.more

The action taken by MahaRERA over non-compliance leads to a rise in quarterly project updates.

January 4, 2024

Even before the regulator issues a warning, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has noticed a rise in the number of projects adhering to the necessary requirement of Quarterly Progress Reports (QPR). More than 222 projects, or 46.25% of the 480 projects registered in April 2023, have been prompted by the regulator’s rigorous action […]

The action taken by MahaRERA over non-compliance leads to a rise in quarterly project updates.more


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