The Uttar Pradesh assets administrative unit (UP-RERA) has issued a show-cause notice to twenty-two builders and have vulnerable to impose fine of Rs 371 lakhs for not following the order of giving possession on the given date.
Category Archives: RERA Consultants
UP RERA Summons Promoters of Twenty-Two Projects Comes In NCR Over Possession Delay
The state realty Regulation Authority (RERA) has summoned promoters of twenty-two comes in Ghaziabad, Noida and bigger Noida on Gregorian calendar month twenty-three over delay in returning possession of properties to consumers, officers aforesaid on Thursday. The Authority has altogether known 397 such come within the capital Region and referred to as twenty-two of them for a gathering at its larger Noida workplace, they said. This square measure comes wherever compliance of the RERA court orders concerning possession isn’t being followed. Their promoters have incomprehensible their deadlines to present possession to the complainants as explicit within their affidavits in the court, …
Center Straight Word To SC That 42000 Projects Are Registered In 30 States, Notified By RERA
The Centre has told the Supreme Court that the important Estate (Regulation and Development) Act (RERA), that is supposed to deal with grievances of home-buyers, is being enforced across the country and thirty states and Union Territories have up to now notified the foundations.
Burning Questions on the Implementation of RERA
The governments of several states are on doubts by home buyers who had this firm belief in the fact that they would put a neutral RERA or Real Estate (Regulation and Development) Act into practice that would help them in getting out of the ensnare of delayed delivery of homes while infusing efficiency and transparency …
Continue reading “Burning Questions on the Implementation of RERA”
RERA Consultants- CRAI or Campaign for RERA Awareness in India
The Indian government has come up with a game changing modification in the real estate arena of India. This game changing improvement is called the Real Estate (Regulation & development) Act or RERA. One of the most important objectives of this Act is bringing about accountability, transparency and further enhancing professionalism in the industry for …
Continue reading “RERA Consultants- CRAI or Campaign for RERA Awareness in India”
Impact of Real Estate Regulatory Authority (RERA) in Real Estate Brokers
From 1st May onwards, every real estate agent has to register his or her name as per the Real Estate (Regulation and Development) Act (RERA). The law was amended and brought into action by the government for the fair practice in the real estate industry. Under the RERA Act, the real estate agents who have …
Continue reading “Impact of Real Estate Regulatory Authority (RERA) in Real Estate Brokers”