RERA transfers incomplete realty project to buyers’ body
2 weeks, 6 days ago

RERA transfers incomplete realty project to buyers’ body

Deccan Chronicle  

Hyderabad: The Telangana Real Estate Regulatory Authority transferred the responsibility of completing the Jayathri Infrastructures’ ‘Jaya Platinum Project’ to the JP Welfare Association, after the company duped people with their pre-launch offers. The developer failed to deliver the project as promised by July 2022 citing vague reasons and financial mismanagement.The misuse of funds was revealed through an engineering inspection report by ESCI, with Rs 211.69 crores spent as of April 2022 without clear progress. They reported that the developer collected too much money upfront without proper agreements and ignored legal requirements like updating buyers on the project’s progress.Since the developer could not provide a plan to finish the project, TG-RERA revoked the developer’s registration and handed control to the JP Welfare Association, a group representing the flat owners.The government approved TG-RERA's recommendation under Section 8 of the RERA Act, 2016. One of them includes Sahiti Infratech Ventures,” said K. Srinivas Rao, a TG-RERA member.By utilising RERA’s authority, we will ensure incomplete projects are completed, and provide relief to buyers, he added.

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History of this topic

Developers violate RERA norms on amenities
2 weeks, 4 days ago

Developers violate RERA norms on amenities

Deccan Chronicle  

Hyderabad:The Real Estate Regulatory Authority in Telangana has received some complaints from residents of housing projects over the misuse of amenity spaces by developers. Section 2 of the Telangana Real Estate Act, defines "common areas" as spaces that everyone in a housing project shares. Builders are legally required to hand over the amenities block to the residents association within three …

RERA WEEKLY ROUND UP: NOVEMBER 18 – NOVEMBER 24, 2024
3 weeks, 5 days ago

RERA WEEKLY ROUND UP: NOVEMBER 18 – NOVEMBER 24, 2024

Live Law  

HARYANA REAL ESTATE REGULATORY AUTHORITY Haryana RERA Orders Raheja Developers To Refund Three Homebuyers Of Raheja Revanta Project Case – Arvinder Singh Aneia and Preeti Aneja Versus Raheja Developers Limited Along with 2 others Citation – Complaint No. 2205/2023 and 2 others Haryana Real Estate Regulatory Authority bench comprising Ashok Sangwan has directed Raheja Developers to refund three homebuyers who …

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 …

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 …

Telangana RERA Orders Refund To Homebuyers Of Jaya Gold And Imposes Penalty On Jayathri Infrastructures For Selling Unregistered Project
4 months, 1 week ago

Telangana RERA Orders Refund To Homebuyers Of Jaya Gold And Imposes Penalty On Jayathri Infrastructures For Selling Unregistered Project

Live Law  

Telangana Real Estate Regulatory Authority bench, comprising Justice Dr. N. Satyanarayana, K. Srinivasa Rao, and Laxmi Narayana Jannu, directed M/s Jayathri Infrastructures India, the builder, to refund the amount paid by the Four homebuyers of Jaya Gold for their respective flats. Additionally, the Authority imposed a penalty of ₹9.78 Lakh on the builder for marketing, advertising, and selling the unregistered …

Tamil Nadu RERA Orders Builder To Fix Structural Defect And Register Project Under RERA
5 months, 2 weeks ago

Tamil Nadu RERA Orders Builder To Fix Structural Defect And Register Project Under RERA

Live Law  

Tamil Nadu Real Estate Regulatory Authority bench, comprising Sunil Kumar, has directed builder to fix the structural defects in the project and to register it under RERA. Observation and Direction by Authority The authority held that since the project was ongoing, the builder's failure to register it under RERA violates Section 3 of the RERA Act, 2016. Further, authority referred …

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 …

H-RERA to crackdown on unnecessarily delayed constructions
6 months, 2 weeks ago

H-RERA to crackdown on unnecessarily delayed constructions

Hindustan Times  

Eight real estate projects in the city were inspected by chairman of the Gurugram bench of Haryana real estate regulatory authority Arun Kumar on Friday, for checking their construction status. H-RERA officials have reported that they have identified 35 such projects in April which have been granted extensions but the on-ground work has not made satisfactory progression. Every project has …

Telangana RERA Orders Builder To Fix Structural Defect Arising Out Of Project
6 months, 4 weeks ago

Telangana RERA Orders Builder To Fix Structural Defect Arising Out Of Project

Live Law  

Telangana Real Estate Regulatory Authority bench, consisting of Justice Dr. N. Satyanarayana, K. Srinivasa Rao, and Laxmi Narayana Jannu, has directed the builder to rectify the structural defects related to construction quality and amenities arising from the project following the transfer of possession to the homebuyers, as per Section 14 of the Real Estate Act, 2016. The Homebuyer alleges false …

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 …

TNREAT Orders Hiranandani Realtors To Register The Entire Township Project Under RERA As One Unit
9 months, 1 week ago

TNREAT Orders Hiranandani Realtors To Register The Entire Township Project Under RERA As One Unit

Live Law  

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. Furthermore, Tribunal has also ordered Hiranandani Realtors to return 70% of the total corpus fund and all documents related to …

Is registration under RERA necessary?
1 year, 6 months ago

Is registration under RERA necessary?

The Hindu  

I am planning to purchase an apartment in Chennai and have received some proposals from a few builders. To my inquiry regarding their registration with RERA, I have been advised that they would not fall under the purview of RERA for the reason that their projects have lesser than eight apartments and land that would not extend beyond an area …

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 …

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