Consumer Cases Weekly Round-up: 11th to 17th March 2024
9 months ago

Consumer Cases Weekly Round-up: 11th to 17th March 2024

Live Law  

National Consumer Disputes Redressal Commission Booking Commercial Space For Self-Employment Business Deemed As Commercial Purpose : National Consumer Commission The National Consumer Disputes Redressal Commission, presided by Justice Ram Surat Maurya and Bharatkumar Pandya, in a complaint against MVL Holding Ltd ruled that commercial space booked for doing business by way of self-employment comes under the definition of commercial purpose. Tamil Nadu Real Estate Appellate Tribunal TNREAT Orders Hiranandani Realtors To Register The Entire Township Project Under RERA As One Unit Case Title: M/Hiranandani Realtors Private Limited vs Hiranandani Amalfi Owners Association The Tamil Nadu Real Estate Appellate Tribunal bench, comprising of Justice M. Duraiswamy and R. Padmanabhan, has ordered Hiranandani Realtors to register the entire Township project, which includes many high-rise buildings, under The Real Estate Regulatory Authority as one unit. District Consumer Disputes Redressal Commission–X, Delhi Persisting Defects in Lancers Cedia Car Despite Service, Delhi District Commission Holds Excel Motors Liable Case Title: M/s Capital Builders vs Mitsubishi Motors Corporation The District Consumer Disputes Redressal Commission–X, Delhi bench comprising Monika Aggarwal Srivastava, Dr Rajender Dhar and Ritu Garodia held Excel Motors, Mitsubishi's authorised Service Centre liable for deficiency in services for failure to repair the vehicle despite Complainant paying Rs. District Consumer Disputes Redressal Commission, Jodhpur-II Seat Filled With Dirt, No Safety Vest Provided, Jodhpur District Commission Holds Spice Jet Liable For Deficiency In Service The District Consumer Disputes Redressal Commission, Jodhpur-II bench comprising Dr Shyam Sundar Lata and Afsana Khan held Spice Jet liable for deficiency in services of providing seat filled with dirt and no safety vest with the Complainant's seat. State Consumer Disputes Redressal Commission, Chandigarh Socks Branded 'MARC' Sold As ' Marc Jacobs' on Amazon, Chandigarh State Commission Holds Amazon, Its Seller Liable For Unfair Trade Practices The State Consumer Disputes Redressal Commission, Chandigarh bench comprising Justice Raj Shekhar Attri and Mr Rajesh K. Arya held Amazon and its listed seller, V.K.

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History of this topic

MahaRERA issues show cause notices to around 11,000 lapsed housing projects, MMR tops the list
1 week ago

MahaRERA issues show cause notices to around 11,000 lapsed housing projects, MMR tops the list

Hindustan Times  

The Maharashtra Real Estate Regulatory Authority has initiated scrutiny of all lapsed housing projects and issued show-cause notices to around 11,000 such projects, most of which are in the Mumbai Metropolitan Region. MahaRERA has issued show-cause notices to around 11,000 lapsed housing projects, most of which are in the Mumbai Metropolitan Region. MahaRERA’s order issued in July 2022 also states …

REAL ESTATE WEEKLY ROUND UP: DECEMBER 2 – DECEMBER 8
2 weeks ago

REAL ESTATE WEEKLY ROUND UP: DECEMBER 2 – DECEMBER 8

Live Law  

Haryana Real Estate Regulatory Authority Haryana RERA Directs Anant Raj Builders To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer Case – Mohit Bansal Versus M/s. Delhi State Commission Failure To Meet Contractual Obligations: Delhi State Commission Holds TDI Infrastructure Liable For Deficiency In Service Case Title: Mr. Raman Singla Vs. TDI Infrastructure Ltd Case Number: C.C. 875/2018 The …

REAL ESTATE MONTHLY DIGEST: NOVEMBER 2024
2 weeks, 5 days ago

REAL ESTATE MONTHLY DIGEST: NOVEMBER 2024

Live Law  

HARYANA REAL ESTATE REGULATORY AUTHORITY Haryana RERA Orders Raheja Developers To Pay Interest To Homebuyer For Delayed Possession Case – Dharampal Singh & anr Versus M/s Raheja Developers Limited Citation – Complaint No : 2385 of 2023 Haryana Real Estate Regulatory Authority bench, comprising Vijay Kumar Goyal, has directed M/s Raheja Developers Limited, to pay interest to the homebuyer for …

RERA WEEKLY ROUND UP: NOVEMBER 25 – DECEMBER 1
3 weeks ago

RERA WEEKLY ROUND UP: NOVEMBER 25 – DECEMBER 1

Live Law  

MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Maharashtra RERA Holds Spenta Enclave Liable For Delay, Orders Interest To Homebuyers Case – Anil Kishinchand Rajani & Anr Versus Spenta Enclave Pvt. HARYANA REAL ESTATE REGULATORY AUTHORITY Haryana RERA Holds AKME Projects Liable For Over 10 Years Of Delay In Manesar Project, Orders Refund To Homebuyer Case – Preeti Yadav & anr Vs. M/s …

Maharashtra RERA Holds Spenta Enclave Liable For Delay, Orders Interest To Homebuyers
3 weeks, 3 days ago

Maharashtra RERA Holds Spenta Enclave Liable For Delay, Orders Interest To Homebuyers

Live Law  

While allowing the complaints of Two homebuyers, Maharashtra Real Estate Regulatory Authority bench comprising of Manoj Saunik directed Spenta Enclave to pay interest to the homebuyers for the delay in handing over possession of the flat. Background Facts Homebuyers purchased their respective flats in the builder's project named Altavista - Phase 1, located at Kurla, Mumbai Sub Urban. Observation and …

Haryana RERA warns real estate promoters to submit annual reports within 30 days or pay ₹5 lakh fine
3 weeks, 3 days ago

Haryana RERA warns real estate promoters to submit annual reports within 30 days or pay ₹5 lakh fine

Hindustan Times  

In response to repeated non-compliance of mandatory submission of annual reports of the real estate projects under construction, the Haryana Real Estate Regulatory Authority, Gurugram, has warned real estate promoters to submit annual reports within 30 days to avoid a penalty of ₹5 lakh. Haryana Real Estate Regulatory Authority, Gurugram, has warned real estate promoters to submit annual reports within …

Haryana RERA Directs Ramprastha Promoters To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer
3 weeks, 5 days ago

Haryana RERA Directs Ramprastha Promoters To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench comprising of Ashok Sangwan has directed M/s Ramprastha promoters & Developers Pvt. Additionally, Authority directed builder to handover the possession and execute the conveyance deed in the favor of homebuyer. Authority further held that builder has violated Section 11 of RERA, 2016 by failing to deliver possession by the due date specified in the …

RERA WEEKLY ROUND UP NOVEMBER 11 – NOVEMBER 17
4 weeks ago

RERA WEEKLY ROUND UP NOVEMBER 11 – NOVEMBER 17

Live Law  

MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Failure To Provide Possession Of Two Showrooms On Time, MahaRERA Directs Pune Builder To Pay Interest To The Complainant Case – Kohinoor Televideo Pvt Ltd Versus Deron Properties Pvt Ltd A/W 1 other Citation - Complaint No. CC005000000096064 & 1 other Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak directed the Pune-based builder Deron …

Haryana RERA Directs Pareena Infrastructures To Pay Interest, Execute Conveyance Deed In Favour Of Homebuyer
1 month, 1 week ago

Haryana RERA Directs Pareena Infrastructures To Pay Interest, Execute Conveyance Deed In Favour Of Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Arun Kumar has directed Pareena Infrastructures Pvt. Aggrieved, the homebuyer filed a complaint before the authority seeking possession, delayed interest and execution of the conveyance deed. As a result authority held that the homebuyer is entitled to receive interest from the builder for every month of delay from the due date of possession …

314 Maharashtra housing projects registered with MahaRERA face insolvency proceedings
2 months, 1 week ago

314 Maharashtra housing projects registered with MahaRERA face insolvency proceedings

Hindustan Times  

Mumbai:A total of 314 housing projects across Maharashtra, registered with the state's Real Estate Regulatory Authority, are currently facing insolvency and bankruptcy proceedings. A total of 314 housing projects across Maharashtra, registered with the state's Real Estate Regulatory Authority, are currently facing insolvency and bankruptcy proceedings. MahaRERA has compiled this crucial information of the projects undergoing insolvency and bankruptcy proceedings …

RERA Cases Weekly Round Up: August 5 To August 11,2024
4 months, 1 week ago

RERA Cases Weekly Round Up: August 5 To August 11,2024

Live Law  

Haryana Real Estate Regulatory Authority Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To 15 Homebuyers Of Expressway Towers For Delayed Possession Case – Rameshwar Singh Versus Ocean Seven Buildtech Pvt. Delay Of 8 Years In Handing Over Possession Of Plot, Haryana RERA Orders Vatika Ltd To Refund Case - Dr. Dolly Chopra Versus M/S Vatika Limited Haryana Real …

Economic Survey 23-2024: Nearly 1.25 lakh complaints resolved by real estate regulatory authorities of various states
5 months ago

Economic Survey 23-2024: Nearly 1.25 lakh complaints resolved by real estate regulatory authorities of various states

Hindustan Times  

As per the 2023-24 Economic Survey tabled by Union Finance Minister Nirmala Sitharaman in the Parliament on July 22, a total of 1,24,947 cases were settled by Real Estate Regulatory Authorities of various states as of July 1, 2024. As of July 1, 2024, nearly 1.25 lakh complaints were resolved by real estate regulatory authorities of various states, according to …

Haryana RERA imposes ₹5 crore fine on realtor Vatika
5 months, 2 weeks ago

Haryana RERA imposes ₹5 crore fine on realtor Vatika

Live Mint  

Gurugram: The Haryana Real Estate Regulatory Authority, Gurugram, has imposed a penalty of ₹5 crore on city-based real estate promoter Vatika Ltd for failing to register its project within the stipulated time. The authority observed that Vatika Ltd obtained a licence for its residential real estate project Vatika India Next in 2013 from the Town and Country Planning Department of …

RERA Cases Half Yearly Digest : January -June,2024
5 months, 2 weeks ago

RERA Cases Half Yearly Digest : January -June,2024

Live Law  

Ministry of Housing and Urban Affairs The Ministry Of Housing And Urban Affairs Releases Report On The Implementation Status Of The Real Estate Act The Ministry of Housing and Urban Affairs has released the implementation status report of the Real Estate Act, 2016, commonly known as RERA, in India. Haryana RERA Orders Refund To Homebuyer After Builder's Failure To Hand …

MahaRERA orders real estate developer to refund ₹66 lakh to flat buyer with interest
5 months, 4 weeks ago

MahaRERA orders real estate developer to refund ₹66 lakh to flat buyer with interest

Hindustan Times  

MUMBAI: In a significant relief for a homebuyer, the Maharashtra Real Estate Regulatory Authority has directed a leading property developer to refund ₹66 lakh, accepted from the buyer, along with interest for failing to complete the project by the stipulated date listed on the RERA website. MahaRERA orders real estate developer to refund ₹ 66 lakh to flat buyer with …

Rajasthan RERA Directs Builders To Submit Detailed Architectural Drawings And Open Separate Bank Accounts
6 months, 1 week ago

Rajasthan RERA Directs Builders To Submit Detailed Architectural Drawings And Open Separate Bank Accounts

Live Law  

Rajasthan Real Estate Regulatory Authority has directed builders/promoters to submit architectural drawings while applying for a Completion Certificate/Occupancy Certificate and to open three separate bank accounts. The directive requires promoters to submit detailed architectural drawings when applying for a Completion Certificate/Occupancy Certificate in the Post Registration module. The directive also mandates the opening of three separate bank accounts for each …

UP RERA Releases Model Format Of Offer Of Possession Letter To Protect Homebuyers Interest
6 months, 1 week ago

UP RERA Releases Model Format Of Offer Of Possession Letter To Protect Homebuyers Interest

Live Law  

Uttar Pradesh Real Estate Regulatory Authority has issued a directive aimed at curbing the arbitrary practices of real estate promoters in issuing Offer of Possession letters. Key Points Promoters must issue Offer of Possession letters to. Key Points Promoters must issue Offer of Possession letters to allottees in the same format available on the UPRERA Portal. Offer of Possession letters …

Delayed possession: MahaRERA keeps registration of 1,750 lapsed real estate projects in abeyance
6 months, 1 week ago

Delayed possession: MahaRERA keeps registration of 1,750 lapsed real estate projects in abeyance

Hindustan Times  

The Maharashtra Real Estate Regulatory Authority on June 10 said that it has kept the registration of 1,750 lapsed real estate projects in Maharashtra under abeyance owing to delay in completion. These projects are spread across the state with 761 projects located in Mumbai Metropolitan Region followed by 628 real estate projects in Pune. MahaRERA said the projects are spread …

RERA Weekly Round Up – 27 May To 2 June 2024
6 months, 2 weeks ago

RERA Weekly Round Up – 27 May To 2 June 2024

Live Law  

Maharashtra Real Estate Appellate Tribunal MahaREAT Refuses To Adjudicate Homebuyer's Appeal Due To Ongoing Injunction Issued By Pune Civil Court Case – Kunal Kashyap & another Versus M/S Atul Enterprises The bench of the Maharashtra Real Estate Appellate Tribunal, comprising Justice Shriram R. Jagtap and Dr. K. Shivaji, refuses to adjudicate the homebuyer's appeal concerning registration of a real estate …

MahaRERA Directs Kalpataru Radiance Project To Refund Money With Interest Or Pay Monthly Interest To Homebuyers Choosing To Stay
6 months, 3 weeks ago

MahaRERA Directs Kalpataru Radiance Project To Refund Money With Interest Or Pay Monthly Interest To Homebuyers Choosing To Stay

Live Law  

In a relief to Homebuyers, Maharashtra Real Estate Regulatory Authority Bench, comprising of Ajoy Mehta, has directed the builder to refund the amount with interest to homebuyers opting to withdraw and to pay monthly interest to homebuyers choosing to stay invested in the Kalpataru Radiance Project. Contention of Builder Homebuyers approached them to purchase the flat after the Maharashtra Housing …

Consumer Cases Weekly Round-Up: 8th to 14th April 2024
8 months ago

Consumer Cases Weekly Round-Up: 8th to 14th April 2024

Live Law  

Himachal Real Estate Regulatory Authority Himachal RERA Grants Relief To Non-Himachali Homebuyer, Directing Builder To Refund With Interest If State Land Laws Permission Is Not Obtained The Himachal Real Estate Regulatory Authority bench comprising of Justice Dr. Srikant Badli and BC Badalia, has granted relief to a non-Himachali homebuyer under whose favor the builder was not executing a conveyance deed, …

RERA Cases Quarterly Digest 2024
8 months, 1 week ago

RERA Cases Quarterly Digest 2024

Live Law  

Ministry of Housing and Urban Affairs The Ministry Of Housing And Urban Affairs Releases Report On The Implementation Status Of The Real Estate Act The Ministry of Housing and Urban Affairs has released the implementation status report of the Real Estate Act, 2016, commonly known as RERA, in India. Tamil Nadu Real Estate Appellate Tribunal TNREAT Orders Hiranandani Realtors To …

Consumer Cases Weekly Round-Up: 1st To 7th April, 2024
8 months, 2 weeks ago

Consumer Cases Weekly Round-Up: 1st To 7th April, 2024

Live Law  

National Consumer Disputes Redressal Commission Non-Standard Basis Of Settling Insurance Claims Apply To Both Private And Public Insurance Companies, NCDRC Holds Bajaj Allianz General Insurance Co. District Consumer Disputes Redressal Commission-I, North Delhi North Delhi District Commission Holds Union Bank Of India And PNB Liable For Failure To Provide CCTV Footage To Investigate Failed ATM Transaction District Consumer Disputes Redressal …

Consumer Cases Monthly Round-Up: March 2024
8 months, 2 weeks ago

Consumer Cases Monthly Round-Up: March 2024

Live Law  

Ministry of Housing and Urban Affairs The Ministry Of Housing And Urban Affairs Releases Report On The Implementation Status Of The Real Estate Act The Ministry of Housing and Urban Affairs has released the implementation status report of the Real Estate Act, 2016, commonly known as RERA, in India. District Consumer Disputes Redressal Commission–X, Delhi Persisting Defects in Lancers Cedia …

RERA update: Uttar Pradesh real estate regulatory authority passes 5 orders to safeguard homebuyers' interests
8 months, 3 weeks ago

RERA update: Uttar Pradesh real estate regulatory authority passes 5 orders to safeguard homebuyers' interests

Hindustan Times  

The Uttar Pradesh Real Estate Regulatory Authority has passed several orders over the last few weeks to protect the interest of homebuyers. The RERA Authority has also directed real estate developers to print the QR code loaded project registration certificate and display it at a prominent place in its office and the project site marketing office so that it is …

The Ministry Of Housing And Urban Affairs Releases Report On The Implementation Status Of The Real Estate (Regulation & Development) Act
9 months ago

The Ministry Of Housing And Urban Affairs Releases Report On The Implementation Status Of The Real Estate (Regulation & Development) Act

Live Law  

The Ministry of Housing and Urban Affairs has released the implementation status report of the Real Estate Act, 2016, commonly known as RERA, in India. 32 states/UTs have established Real Estate Regulatory Authorities. The top five states with the highest number of disposed cases under the Real Estate Act are Uttar Pradesh, Haryana, Maharashtra, Madhya Pradesh, and Gujarat. Category Implementation …

UP RERA Issues Directive To Include Co-Allottee's Name In Complaints
9 months, 1 week ago

UP RERA Issues Directive To Include Co-Allottee's Name In Complaints

Live Law  

Uttar Pradesh Real Estate Regulatory Authority has issued an office notice addressing a common issue found in pending complaints across various benches. According to the directive, it has been observed that in numerous cases, complainants have neglected to include the names of co-allottees when submitting their complaints to the Authority. In response to this oversight, UP RERA has mandated that …

RERA | Karnataka High Court Raps Panchayat For Issuing Occupancy Certificate Without Inspection, "From Within Four Corners Of AC Chambers"
10 months, 1 week ago

RERA | Karnataka High Court Raps Panchayat For Issuing Occupancy Certificate Without Inspection, "From Within Four Corners Of AC Chambers"

Live Law  

While refusing to interfere with Karnataka RERA's order declaring the project 'Serene Urbana' an "on-going project", Justice M Nagaprasanna observed that the apartment complex did not even have water and power supply. The Karnataka High Court recently pulled up the Kannamangala Gram Panchayat for issuing occupancy certificate to a retirement home project without carrying out any inspection as to the …

Property registration stalled by sub-registrars, says BJP citing NCT of Delhi RERA order
1 year, 1 month ago

Property registration stalled by sub-registrars, says BJP citing NCT of Delhi RERA order

Hindustan Times  

The Delhi BJP on Monday claimed that following a NCT of Delhi RERA order, property registration has been stalled by the sub-registrars here. In a statement, Sachdeva claimed that "misusing the Supreme Court's concern for protecting the interest of property buyers, the Delhi government's RERA has brought a notification after which sub-registrars stalled property registration in Delhi today." "The builders …

MahaRERA freezes accounts of 248 projects for non-compliance
1 year, 1 month ago

MahaRERA freezes accounts of 248 projects for non-compliance

Hindustan Times  

Mumbai: The Maharashtra Real Estate Regulatory Authority on Monday suspended the registration of 248 real estate projects for not complying with submission of quarterly progress reports. MahaRERA also sent notices under Section 7 of Real Estate Act to 224 out 443 projects registered with it in March 2023, asking them to comply within 30 days or face action. The 248 …

Real estate regulatory reforms shaping the future
1 year, 1 month ago

Real estate regulatory reforms shaping the future

The Hindu  

For the longest time, the Indian real estate sector remained largely unregulated. To further regulate and monitor the industry and disputes concerning the projects, a state-level Act called the Real Estate Regulatory Authority was introduced. RERA aims to check all the under-construction projects, eliminate unreliable players, maintain quality construction, and bring in stability by reinforcing the industry on key fronts …

MahaRERA:De-Registration Of Real Estate Projects
1 year, 4 months ago

MahaRERA:De-Registration Of Real Estate Projects

Live Law  

The Real Estate Act, 2016 which came into force on 1st May, 2017 has been enacted in the larger public interest for the purpose of settlement of disputes and smooth redressal of grievances between the home buyers and the builders/developers accompanied with increasing transparency in the real estate sector. Under section 34 of the said act, one of the functions …

Complaints in real estate sector come down to 3.5% from 23% post MahaRERA
1 year, 4 months ago

Complaints in real estate sector come down to 3.5% from 23% post MahaRERA

Hindustan Times  

PUNE According to MahaRERA authorities, 36 per cent of real-estate projects which were launched before the setting up of the real estate regulatory authority in the state were mired in various disputes. The complaints against developers have come down post Maharashtra Real Estate Regulatory Authority’s enactment2, the data shared by the regularity authority shows. “ln projects launched pre- RERA, MahaRERA …

UP real estate authority imposes ₹1.77 crore penalty against 11 promoters
1 year, 11 months ago

UP real estate authority imposes ₹1.77 crore penalty against 11 promoters

Hindustan Times  

The Uttar Pradesh Real Estate Regulatory Authority has imposed a penalty of over ₹1.77 crore against 11 promoters for not complying with orders of the authority, said a press release. The Authority decided to impose appropriate penalties against the promoters to ensure compliance with its orders and protect the interests of the home buyers. On this occasion Rajive Kumar, Chairman, …

Registration of 49 projects revoked for unfair trade practices
2 years, 1 month ago

Registration of 49 projects revoked for unfair trade practices

Hindustan Times  

Shoulder: Kalyan MahaRERA scam Strap: Housing regulator freezes bank accounts; urges civic authorities to upload CC, OC on dedicated portals to protect buyers In a suo moto action, the state housing regulator, the Maharashtra Real Estate Regulatory Authority, has revoked the registration of 49 projects being probed in Kalyan RERA scam for allegedly submitting fake commencement certificates for “unfair trade …

UP-Rera approves 36 new realty projects in September
2 years, 2 months ago

UP-Rera approves 36 new realty projects in September

Hindustan Times  

The Uttar Pradesh Real Estate Regulatory Authority received 36 applications to register new residential and commercial realty projects in the month of September. UP-Rera approves 36 new realty projects in September According to the rules, a developer is required to register any new project with the authority and obtain a registration number before beginning construction work. Earlier, 70% of new …

Odisha Notifies New Real Estate Rules: No Extra Tax to be Paid, Buyers Can Visit Plot Anytime
2 years, 3 months ago

Odisha Notifies New Real Estate Rules: No Extra Tax to be Paid, Buyers Can Visit Plot Anytime

News 18  

The Odisha government has notified the new Odisha Real Estate Amendment Rules 2022, in line with its assurance to the Orissa High Court last month. The state’s Housing and Urban Development department notified the rules on Monday after making suitable modifications to the existing Odisha Real Estate Rules 2017. According to the amendments under the Real Estate Amendment Rules 2022, …

Delhi Development Authority Must Register Projects with Delhi-RERA or Face Action: Official
2 years, 5 months ago

Delhi Development Authority Must Register Projects with Delhi-RERA or Face Action: Official

News 18  

Delhi-RERA chief Anand Kumar has said that the Delhi Development Authority must register its real estate projects with the regulator to protect the interest of property buyers. Those who are in real estate development, whether it is DDA or any other such organisations, must register projects with the regulatory authority, the Delhi-RERA chief further said, adding that it has powers …

Homebuyers in Karnataka on shaky ground as K-RERA yet to build a strong foundation
2 years, 5 months ago

Homebuyers in Karnataka on shaky ground as K-RERA yet to build a strong foundation

The Hindu  

Ananth was looking to buy a house in 2014, when he came across an apartment complex on Begur Road which looked like it was nearing completion. Role of K-RERA It was after a long fight by home buyers that the RERA Act of 2016 was implemented in Karnataka in May 2017. However, home buyers say there is still a long …

RERA Prevails Over SARFAESI ; Homebuyers Can Move RERA Authority Against Bank's Recovery Actions : Supreme Court
2 years, 10 months ago

RERA Prevails Over SARFAESI ; Homebuyers Can Move RERA Authority Against Bank's Recovery Actions : Supreme Court

Live Law  

The Supreme Court upheld a Rajasthan High Court judgment which held that Real Estate Regulatory Authority can entertain complaints by home buyers against the bank which took possession of a real estate project as a secured creditor.Before the Rajasthan High Court, the Union Bank of India and others had questioned the authority. Case name: Union Bank Of India vs Rajasthan …

Delhi Real Estate Appellate Tribunal Stays All Construction Activities In City Undertaken Without Registration Of RERA Till Project Registration
3 years ago

Delhi Real Estate Appellate Tribunal Stays All Construction Activities In City Undertaken Without Registration Of RERA Till Project Registration

Live Law  

The Delhi Real Estate Appellate Tribunal has stayed all the construction activities, including residential and commercial activities, in the national capital that are undertaken without registration of the Real Estate Regulatory Authority till the project is registered with the authority. "Accordingly, in view of the above, all construction activity in NCT of Delhi, residential as well as commercial, faling within …

Interpretation Of RERA By Courts
3 years, 5 months ago

Interpretation Of RERA By Courts

Live Law  

Real estate sector is one of the core sectors in the economy in terms of its contribution to GDP, employment of labor force and the multiplier effects it has on other vitals of the economy. This issue has surfaced primarily because of proviso of section 3 of the Act which imposes the obligation of registration of the real estate project …

RERA: What India's First Real Estate Regulatory Act Seeks to Achieve And Why It's Necessary
3 years, 11 months ago

RERA: What India's First Real Estate Regulatory Act Seeks to Achieve And Why It's Necessary

News 18  

Minister of Housing and Urban Affairs, Hardeeop Singh Puri in an article on Wednesday wrote, Real Estate Act has transformational provisions, conscientiously addressing issues which have been a constant bane for the sector. The RERA, that came into effect in 2017, seeks to protect the interests of home buyers and also boost investments in the real estate sector. RERA, it …

State To Widely Publicise RERA Act To Prevent Criminalisation Of Property Disputes: Orissa HC Holds Investor Protection Laws Inapplicable To Builder-Buyer Relations [Read Judgment]
4 years, 3 months ago

State To Widely Publicise RERA Act To Prevent Criminalisation Of Property Disputes: Orissa HC Holds Investor Protection Laws Inapplicable To Builder-Buyer Relations [Read Judgment]

Live Law  

The Orissa High Court last week asserted that the State Government will do well to give wide publicity to the provisions of the RERA Act, 2016 in order to "enable the lay and laity to seek refuge under the appropriate law" and "injunct any unnecessary litigations" arising out of builder-buyer relations. Observing that the State will do well to ensure …

Bombay High Court Upholds Validity of Real Estate (Regulation and Development) Act
7 years ago

Bombay High Court Upholds Validity of Real Estate (Regulation and Development) Act

Live Law  

The Bombay High Court has upheld the constitutional validity of the Real Estate (Regulation and Development) Act. The court rejected the challenge to the provisions of the new Act, which contains specific provisions to tackle problems like delay in possession, arbitrary interests levied on home buyers etc.

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