Tag: #RERAAct

Maharashtra RERA Freezes Bank Accounts of Over 1,950 Stalled Real Estate Projects

January 13, 2025

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has intensified its crackdown on real estate developers responsible for stalled or lapsed projects by freezing the bank accounts of over 1,950 such ventures. This decisive action is aimed at enforcing accountability among developers while protecting the interests of homebuyers who have been impacted by delayed or incomplete […]

Maharashtra RERA Freezes Bank Accounts of Over 1,950 Stalled Real Estate Projectsmore
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State of Madhya Pradesh RERA Rejects EOW Probe into Chairman’s Allegations of Corruption

September 15, 2024

BHOPAL: The Madhya Pradesh Real Estate Regulatory Authority (RERA) has openly opposed the registration of an inquiry by the Economic Offenses Wing (EOW) against its chairman, AP Srivastava. The Authority argues that the investigation is unjustified and unnecessary, asserting that it is legally protected under section 90 of the RERA Act. Recently, the EOW initiated […]

State of Madhya Pradesh RERA Rejects EOW Probe into Chairman’s Allegations of Corruptionmore