Centre moves SC seeking transfer of pleas against RERA to Delhi HC
7 years, 6 months ago

Centre moves SC seeking transfer of pleas against RERA to Delhi HC

The Hindu  

The Supreme Court on Wednesday agreed to hear the Centre’s petition seeking transfer of various pleas, which are challenging validity of the Real Estate Act and are pending in different high courts, to the Delhi High Court. The government mentioned the matter before a bench headed by Chief Justice Dipak Misra and said that 21 petitions challenging the validity of the Act are pending in various high courts across the country. The Centre told the bench, also comprising Justices Amitava Roy and A M Khanwilkar, that these petitions pending before different high courts should be transferred to the Delhi High Court for adjudication of these matters. As per the Act, developers, projects and agents had till July 31 to mandatorily register their projects with the Real Estate Regulatory Authority.

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History of this topic

RERA update: Can investors approach real estate regulator for stalled commercial projects?
1 month, 1 week ago

RERA update: Can investors approach real estate regulator for stalled commercial projects?

Hindustan Times  

The Real Estate Act, 2016, is primarily designed to safeguard homebuyers' interests and promote transparency in the real estate sector. Although RERA is often associated with residential real estate projects, it also applies to commercial real estate projects under specific conditions, legal experts say. Legal experts say that RERA's implementation guarantees that construction on new commercial projects can begin only …

Prospective Home Buyers Can Also Approach RERA For Remedies: Punjab & Haryana High Court
1 month, 2 weeks ago

Prospective Home Buyers Can Also Approach RERA For Remedies: Punjab & Haryana High Court

Live Law  

The Punjab & Haryana High Court has made it clear that home buyers who have deposited certain amount and are prospective allottees can also filed complaint in Real Estate Regulatory Authority for redressal of grievances. Observing that this argument was "rudderless" a division bench of Justice Sureshwar Thakur and Justice Vikas Suri said, "The reason being that when, within the …

Real Estate Monthly Digest: January 2025
1 month, 3 weeks ago

Real Estate Monthly Digest: January 2025

Live Law  

Maharashtra Real Estate Appellate Tribunal MahaREAT Imposes Penalty Of Rs. Haryana Real Estate Regulatory Authority Haryana RERA Directs Ansal Builders To Hand Over Possession And Pay Interest For Delay Case – Sanjeev Ganguly & Anr Versus M/s Ansal Townships Infrastructure Private Limited Citation – Complaint No: 7354 of 2022 Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan has directed …

Delhi REAT Holds Homebuyer Who Booked Flat Under Buy-Back Scheme As Allottee, Remands Matter To Delhi RERA
1 month, 3 weeks ago

Delhi REAT Holds Homebuyer Who Booked Flat Under Buy-Back Scheme As Allottee, Remands Matter To Delhi RERA

Live Law  

Real Estate Appellate Tribunal, NCT of Delhi comprising of Justice Chander Shekhar and Lorren Bamniyal held in favour of the homebuyer who had booked a flat under the Buy Back scheme. The Tribunal concluded that the homebuyer falls within the definition of 'allottee' and remanded the matter to the NCT Delhi Real Estate Regulatory Authority, which had dismissed the homebuyer's …

Govt committed to fulfil middle-class people’s dream of owning home: President Droupadi Murmu
1 month, 4 weeks ago

Govt committed to fulfil middle-class people’s dream of owning home: President Droupadi Murmu

Live Mint  

New Delhi, Jan 31 President Droupadi Murmu on Friday said the government is committed to fulfilling the dream of middle-class people to own residential properties and is providing interest subsidies on home loans. Addressing a joint sitting of Parliament, she said the real estate law RERA was introduced to safeguard their dreams. "My government is equally committed to fulfilling the …

Moratorium U/S 14 Of IBC Doesn't Exempt Promoter From Complying With Mandatory Pre-Deposit Required U/S 43(5) Of RERA: Delhi High Court
2 months ago

Moratorium U/S 14 Of IBC Doesn't Exempt Promoter From Complying With Mandatory Pre-Deposit Required U/S 43(5) Of RERA: Delhi High Court

Live Law  

The Delhi High Court bench comprising Justice Navin Chawla and Justice Shalinder Kaur has held that the moratorium imposed under Section 14 of the Insolvency and Bankruptcy Code, 2016, does not exempt a promoter from complying with the mandatory pre-deposit requirement under Section 43 of the Real Estate Act, 2016. Ltd. filed the appeal under Section 58 of the RERA, …

Outlook 2025: Emerging trends of real estate sector
2 months, 3 weeks ago

Outlook 2025: Emerging trends of real estate sector

The Hindu  

India’s real estate market is entering a vital phase, with 2025 set to redefine its growth path. As technology reshapes traditional processes, the industry is shifting from being merely a service provider to a tech-enabled growth engine, setting a transformative tone for the real estate outlook 2025. India’s green real estate initiatives include renewable energy integration, water conservation technologies, and …

Real Estate Weekly Round Up: [23rd December – 28th December 2024]
2 months, 4 weeks ago

Real Estate Weekly Round Up: [23rd December – 28th December 2024]

Live Law  

Karnataka Real Estate Regulatory Authority Karnataka RERA Dismisses Real Estate Agent's Complaint Against Godrej Properties, Citing Vindictive Motive Case – Vivek Arjuna Versus Godrej Properties Citation – Complaint No: 00058 /2024 Karnataka Real Estate Regulatory Authority bench comprising of Rakesh Singh, Neelmani N Raju and GR Reddy dismissed the complaint filed by a real estate agent seeking the revocation of …

Real Estate Weekly Round Up:[16 th December – 22 nd December 2024]
3 months ago

Real Estate Weekly Round Up:[16 th December – 22 nd December 2024]

Live Law  

Haryana Real Estate Regulatory Authority Delay Of More Than 2.7 Years In Completing Construction Of Project, Haryana RERA Orders Raheja Developers To Refund Rs. 27.98 Lakhs To Homebuyer Case – Arun Shrivastava Versus M/S Raheja Developers Limited Citation – Complaint no 4974 of 2023 Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/S Raheja Developers Limited to …

REAL ESTATE WEEKLY ROUND UP: DECEMBER 2 – DECEMBER 8
3 months, 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 …

Himachal RERA Rejects Homebuyer's Structural Defect Complaint Filed More Than 10 Years After Taking Possession
3 months, 3 weeks ago

Himachal RERA Rejects Homebuyer's Structural Defect Complaint Filed More Than 10 Years After Taking Possession

Live Law  

Himachal Real Estate Regulatory Authority bench comprising Justice Srikant Baldi rejected homebuyer's structural defect complaint, holding it to be time-barred as it was filed more than 10 years after taking possession. Therefore, the Authority held that the project must be registered under Section 3 of RERA, 2016, which states that a project with a total area exceeding 500 square meters …

REAL ESTATE MONTHLY DIGEST: NOVEMBER 2024
3 months, 3 weeks 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 months, 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 …

RERA WEEKLY ROUND UP NOVEMBER 11 – NOVEMBER 17
4 months 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 …

WB REAT Upholds Authority's Decision Directing Builder To Refund ₹11 Lakh To Homebuyer, Initiates Proceedings For Selling Unregistered Project
4 months, 2 weeks ago

WB REAT Upholds Authority's Decision Directing Builder To Refund ₹11 Lakh To Homebuyer, Initiates Proceedings For Selling Unregistered Project

Live Law  

While upholding the West Bengal Real Estate Regulatory Authority order directing the builder to refund the homebuyer's paid amount of Rs. 11,00,000/- with interest, West Bengal Real Estate Appellate Tribunal bench, comprising Justice Rabindranath Samanta, Gour Sunder Banerjee, and Dr. Subrat Mukherjee, initiated proceedings against the builder for violating Section 3 of the Real Estate Act, 2016. The Tribunal also …

RERA update: Uttar Pradesh RERA passes 5 orders to safeguard home buyers’ interests
5 months, 3 weeks ago

RERA update: Uttar Pradesh RERA passes 5 orders to safeguard home buyers’ interests

Hindustan Times  

The Uttar Pradesh Real Estate Regulatory Authority has passed several orders over the last few weeks to protect the interests of homebuyers. UPRERA makes it mandatory for real estate developers to publish project QR codes in all documents shared with buyers With the aim of promoting transparency in the real estate market, UPRERA has said that it will assign a …

RERA Cases Weekly Round Up: August 5 To August 11,2024
7 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 …

Delhi-NCR real estate: Here's why developers and buyers have objected to UP RERA’s model format for possession letters
9 months, 2 weeks ago

Delhi-NCR real estate: Here's why developers and buyers have objected to UP RERA’s model format for possession letters

Hindustan Times  

The Uttar Pradesh Real Estate Regulatory Authority has said that developers can issue possession letters to homebuyers only after they have received the occupancy certificates from the development authorities. UPRERA has said that real estate developers can issue possession letters to homebuyers only after they have received the occupancy certificates from the development authorities Real estate developers and homebuyers have …

RERA Weekly Round Up – 3 June To 9 June 2024
9 months, 2 weeks ago

RERA Weekly Round Up – 3 June To 9 June 2024

Live Law  

Karnataka Real Estate Regulatory Authority Case – Devdas Pandurang Shetti & another Versus M/s Mantri Developers Pvt. Uttar Pradesh Real Estate Regulatory Authority Press Note UPRERA/24/May/2024 Uttar Pradesh Real Estate Regulatory Authority Chairman Sanjay Bhoosreddy has expressed strong displeasure over the non-registration of properties belonging to nine allottees of the Alaknanda Project by the Prayagraj Development Authority, despite the UPRERA …

RERA Weekly Round Up – 27 May To 2 June 2024
9 months, 3 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 …

RERA Cases Weekly Round Up – 6th May To 12th May,2024
10 months, 2 weeks ago

RERA Cases Weekly Round Up – 6th May To 12th May,2024

Live Law  

RAJASTHAN REAL ESTATE REGULATORY AUTHORITY Rajasthan RERA Orders Compensation to Homebuyer, Rejects Builder's Contention That Delay Caused Due to ED Investigation Case – Vasudev Takwani & another Versus M/s Riddhi Siddhi Infra Projects Pvt. TELANGANA REAL ESTATE REGULATORY AUTHORITY Telangana RERA Penalizes Builder for Non-Registration of Project, Orders Completion of Construction Case – Sri Madala Bharat Versus M/s Sree Sai …

RERA Cases Quarterly Digest 2024
11 months, 2 weeks 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 …

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

NCLAT New Delhi: RERA Has Locus To Appeal Against CIRP Initiation Order And Is An “Aggrieved Person” U/S 61 Of IBC
1 year, 3 months ago

NCLAT New Delhi: RERA Has Locus To Appeal Against CIRP Initiation Order And Is An “Aggrieved Person” U/S 61 Of IBC

Live Law  

The National Company Law Appellate Tribunal, New Delhi Bench, comprising Justice Ashok Bhushan and Barun Mitra has held that the Real Estate Regulatory Authority has locus to challenge Corporate Insolvency Resolution Process initiation Order in Real Estate Insolvency in appeal under Section 61 of Insolvency and Bankruptcy Code, 2016 before NCLAT. Contentions of the Parties: RERA contended that the CIRP …

Property registration stalled by sub-registrars, says BJP citing NCT of Delhi RERA order
1 year, 4 months 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 …

Real estate regulatory reforms shaping the future
1 year, 4 months 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 …

UP-Rera approves 36 new realty projects in September
2 years, 5 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 …

Delhi Development Authority Must Register Projects with Delhi-RERA or Face Action: Official
2 years, 8 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, 8 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 Act | Under Section 71(1), The Adjudicating Authority Can Decide The Compensation Alone. : Chhattisgarh High Court
2 years, 10 months ago

RERA Act | Under Section 71(1), The Adjudicating Authority Can Decide The Compensation Alone. : Chhattisgarh High Court

Live Law  

The Chhattisgarh High Court recently held that under Section 71 of the Real Estate Act, 2016, the adjudicating authority can decide the compensation alone. The Appellate Tribunal of RERA was not available in Chhattisgarh, as was required under the RERA Act, 2016, to be established within one year. The Court remarked that prima facie, therefore conformant of power on STAT …

Respond to Centre’s queries on RERA rules before May 15, SC tells States
2 years, 11 months ago

Respond to Centre’s queries on RERA rules before May 15, SC tells States

The Hindu  

The Supreme Court on Monday asked chief secretaries of States to respond to queries raised by the Centre on implementation of rules framed under the Real Estate Act, 2016 in their respective jurisdictions. On February 14, the top court had directed the Centre to examine whether the rules framed by various States under the RERA Act were in conformity with …

RERA Prevails Over SARFAESI ; Homebuyers Can Move RERA Authority Against Bank's Recovery Actions : Supreme Court
3 years, 1 month 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 …

Whether Real Estate Appellate Tribunal Has Jurisdiction To Initiate Suo Moto Proceedings & Pass Directions Under RERA Act? Delhi HC Appoints Amicus
3 years, 3 months ago

Whether Real Estate Appellate Tribunal Has Jurisdiction To Initiate Suo Moto Proceedings & Pass Directions Under RERA Act? Delhi HC Appoints Amicus

Live Law  

The Delhi High Court has appointed Senior Advocate Rajeeve Mehra as the amicus curiae to assist it in considering the issue as to whether the Real Estate Appellate Tribunal has the jurisdiction to initiate suo motu proceedings and pass directions affecting the ongoing constructions in the city. The petitioner had challenged the order passed by the Real Estate Appellate Tribunal …

Central Vista Redevelopment Project: Nothing happening to Delhi Waqf properties, Centre tells Delhi High Court
3 years, 3 months ago

Central Vista Redevelopment Project: Nothing happening to Delhi Waqf properties, Centre tells Delhi High Court

India TV News  

Central Vista Redevelopment Project: Nothing happening to Delhi Waqf properties, Centre tells Delhi High Court Solicitor General Tushar Mehta urged Justice Sanjeev Sachdeva to adjourn for 3 weeks the Board's plea seeking preservation and protection of its heritage properties that are likely to be impacted by the project and said that being a “long plan”, the redevelopment has not reached …

Robust Regulatory Mechanism & Draft Agreement Already Prescribed Under RERA: Centre Tells Supreme Court In Plea Seeking Model Builder Buyer Agreement
3 years, 3 months ago

Robust Regulatory Mechanism & Draft Agreement Already Prescribed Under RERA: Centre Tells Supreme Court In Plea Seeking Model Builder Buyer Agreement

Live Law  

Responding to a plea seeking a model builder buyer agreement, the Central Government has submitted before the Supreme Court that a robust regulatory mechanism and draft 'agreement for sale" has already been prescribed under the provisions of RERA.According to Centre, the mechanism prescribed under RERA seeks to balance the rights and interest. Responding to a plea seeking a model builder …

Delhi Real Estate Appellate Tribunal Stays All Construction Activities In City Undertaken Without Registration Of RERA Till Project Registration
3 years, 4 months 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 …

Delhi Real Estate Appellate Tribunal Initiates Suo Moto Proceedings To Ensure Strict Compliance Of Registration Of Projects, Curb Cheating Of Buyers
3 years, 4 months ago

Delhi Real Estate Appellate Tribunal Initiates Suo Moto Proceedings To Ensure Strict Compliance Of Registration Of Projects, Curb Cheating Of Buyers

Live Law  

The Delhi Real Estate Appellate Tribunal has initiated suo moto proceedings for ensuring strict compliance of the provisions of the Real Estate Act, 2016 regarding prior registration of projects and also to curb incidents of developers cheating innocent buyers. it is considered appropriate that suo-moto proceedings are initiated in the matter to ensure that there is strict compliance of the …

Interpretation Of RERA By Courts
3 years, 9 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
4 years, 2 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 …

Online Symposium On Real Estate (Regulations and Development) Act, 2016
4 years, 3 months ago

Online Symposium On Real Estate (Regulations and Development) Act, 2016

Live Law  

The Institute of Advanced Legal Studies is organizing an Online Symposium on Real Estate Act, 2016, on Saturday,12th December 2020. Kanetkar, Advocate Sandeep Gujarathi, Advocate Abhijit Hartalkar, Advocate Leena Kaulgekar, Advocate The discussion will be centred on the basics, important aspects and practical details of RERA, which has revolutionised the Real Estate Sector in India. The symposium proposes to cover …

Entitlement Of Homebuyer Starts From Date Of Agreement And Not RERA Registration: Supreme Court [Read Judgment]
4 years, 4 months ago

Entitlement Of Homebuyer Starts From Date Of Agreement And Not RERA Registration: Supreme Court [Read Judgment]

Live Law  

The Supreme Court has held that period for allotment of flat to a homebuyer has to be reckoned from the date of the buyer agreement and not from the date of the registration of the project under the Real Estate Regulation and Development Act.A division bench comprising Justices UU Lalit and Vineet Saran made this observation in the judgment in …

Consumer Complaint By Allottee Against Builder Not Barred By RERA Act: Supreme Court [Read Judgment]
4 years, 4 months ago

Consumer Complaint By Allottee Against Builder Not Barred By RERA Act: Supreme Court [Read Judgment]

Live Law  

The Supreme Court has held that a complaint before Consumer Fora by allottees against builders is not barred by the Real Estate Act, 2016.In this case, the the complainants who had booked apartments by executing Builder Buyer Agreements in 2013, had approached the Consumer Commission which allowed their complaint and ordered refund of the amounts deposited by each. Before the …

Relief Under RERA In Rajasthan– Real Or Illusory
4 years, 5 months ago

Relief Under RERA In Rajasthan– Real Or Illusory

Live Law  

After the enactment and implementation of the Real Estate Act, 2016, the stakeholders in the real estate sector in Rajasthan have not been able to reap the benefits of the Act. For this purpose, the Act provides for establishment of the Real Estate Appellate Tribunal, the Real Estate Regulatory Authority and appointment of the adjudicating officers. The Real Estate Regulatory …

Central government to issue advisory for real estate stakeholders
4 years, 10 months ago

Central government to issue advisory for real estate stakeholders

Live Mint  

New Delhi: The central ministry for housing and urban affairs said that the impact of the lockdown on the real estate sector will be treated as an event of ‘Force Majeure’ under the provisions of the Real Estate Act, 2016. The meeting saw different stakeholders of the real estate sector including state secretaries, RERA Chairpersons, representatives of home buyers, real …

Remedies Available Under Consumer Protection Act And RERA Are Concurrent: Delhi HC [Delhi HC]
5 years, 6 months ago

Remedies Available Under Consumer Protection Act And RERA Are Concurrent: Delhi HC [Delhi HC]

Live Law  

The Delhi High Court on Wednesday reiterated that remedies available to home buyers under the Consumer Protection Act, 1986 and Real Estate Act, 2016 are concurrent.BackgroundIn the petition titled "M/s M3M India Pvt. The Delhi High Court on Wednesday reiterated that remedies available to home buyers under the Consumer Protection Act, 1986 and Real Estate Act, 2016 are concurrent. Findings …

Government committed to resolving problems of home buyers: Union minister Hardeep Singh Puri
6 years, 6 months ago

Government committed to resolving problems of home buyers: Union minister Hardeep Singh Puri

Firstpost  

Hard-earned money of over lakhs of home buyers in Delhi-NCR are stuck because of defaults by developers including Jaypee group, Amrapali, Unitech and The 3C Company in deliveries of their projects on time. New Delhi: Asserting that the government is committed to resolving the problem of home buyers, Union minister Hardeep Singh Puri on Wednesday said that all real estate …

'74% home buyers unaware of RERA compliance check process'
6 years, 10 months ago

'74% home buyers unaware of RERA compliance check process'

The Quint  

New Delhi, April 30 Around 74 per cent home buyers in India are unaware of the online process to check a realty project's compliance status under the Real Estate Regulatory Act, a Magicbricks report said here on Monday. "Seventy four per cent of respondents do not know that it is mandatory to check if the project is registered with the …

Unsure of positive results from RERA, Gurgaon buyers move high court
7 years, 1 month ago

Unsure of positive results from RERA, Gurgaon buyers move high court

Hindustan Times  

Gurgaon: The city home buyers have moved a writ petition in the Punjab and Haryana high court seeking judicial remedies in Real Estate Regulatory Act rules that they believe have been diluted by the Haryana government in larger interest of the developers. The core members of an informal group, UnDiluted RERA, which moved petition in high court held a discussion …

Big reprieve for homebuyers, Bombay HC says ongoing projects to fall under RERA purview
7 years, 3 months ago

Big reprieve for homebuyers, Bombay HC says ongoing projects to fall under RERA purview

India TV News  

In a significant win for homebuyers struggling with delayed possession of their flats at the hands of the builders, the Bombay High Court on Wednesday ruled that the Real Estate Act is constitutionally valid and will be applicable to new as well as well as ongoing projects. Besides this, real estate developers had also sought doing away with provisions that …

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