News Muncher - searching for development

2 weeks, 3 days ago

Karnataka's Stalled Apartment Ownership Act: A Major Setback for Homebuyers

It is anticipated that the new rules on the Apartment Ownership Act that are being proposed will be of assistance to homebuyers who are experiencing difficulties in organizing associations and obtaining the rights on common spaces transferred from promoters to flat owners’ groups. Understanding the Proposed Apartment Ownership Act: In February it was announced in the Assembly that the government …

Karnataka Homebuyers Flat Associations Owners Act Rera

2 weeks, 5 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 …

Residents Rera Spaces Developers Amenities

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 …

Real Estate Title Rera Godrej Properties Possession Deficiency Authority

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 …

Regulatory Project Estate Real Builder Member Developers

1 month, 2 weeks ago

Maharashtra Real Estate Appellate Tribunal Rules on Promoter for Town Development Activities

Live Law

The Maharashtra Real Estate Appellate Tribunal (Tribunal) has held that the City and Industrial Development Corporation of Maharashtra Ltd. (CIDCO), a fully owned undertaking of the Government of Maharashtra and functions as a special planning authority for the development of new towns, falls under the definition of a Promoter under RERA, 2016.

Government Real Estate Development Regulatory Framework Mumbai

3 months, 1 week ago

Granting possession of a flat without completion and firefighting clearance certificates ‘illegal’: SC

Hindustan Times

In a move that would help homebuyers, the Supreme Court has said that if a real estate developer offers possession of a flat to a buyer without completion and firefighting clearance certificates, it would not only be illegal but would amount to deficiency in service under the Consumer Protection Act. Supreme Court deems granting possession of a flat without completion …

Supreme Court Court Order Firefighting Flat Supreme Rera

4 months ago

Karnataka RERA news: Retired IAS officer Rakesh Singh appointed new K-RERA chief

Hindustan Times

The Government of Karnataka has placed retired IAS officer Rakesh Singh at the helm of the state’s Real Estate Regulatory Authority as its chairman. Retired IAS officer Rakesh Singh appointed new K-RERA chief In the interim period, the state government had issued an order appointing Naveen Raj Singh, principal secretary, housing department, to officiate as the acting chairman of K-RERA. …

Karnataka Singh Rera Ias Rakesh Singh

4 months ago

Only CPC Provisions Mentioned In RERA Act Apply To RERA Proceedings, Remaining Provisions Intentionally Excluded By Legislature: HP High Court

Live Law

Addressing the extent to which the provisions of the Code of Civil Procedure, 1908, apply to proceedings before the Real Estate Regulatory Authority, the Himachal Pradesh High Court has ruled that only those provisions of the CPC explicitly mentioned in the Real Estate Act, 2016, apply to RERA proceedings, while other provisions were intentionally excluded by the Legislature. Adjudicating a …

Court Proceedings Legislature Rera Petitioners Decree Other Provisions

4 months, 3 weeks ago

Rajasthan RERA Orders Refund To Four Homebuyers Of Sahara City Homes

Live Law

Rajasthan Real Estate Regulatory Authority Bench, comprising Veenu Gupta, has directed Sahara Prime City Limited, the builder, to refund the amount paid by four homebuyers of the Sahara City Homes project, Jaipur after the builder failed to provide timely possession. Background Facts Homebuyers booked flat numbers B8/904, B5/502, C4/701, and C8/701 in the Sahara City Homes project situated in Jaipur, …

Homebuyers City Sahara Builder Authority Rajasthan Rera Sahara City Homes

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 …

India States Regulatory Economic Survey Project Estate

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 …

Registration Haryana Project Estate Real Act Rera

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 …

India Karnataka Spa Homebuyers Regulatory Judicial Tribunal

6 months, 1 week ago

No Bar On Invoking Arbitration Despite Alternative Remedy Under RERA Act: Gauhati High Court

Live Law

The Gauhati High Court bench of Justice Michael Zothankhuma has held that arbitration can be invoked to settle a real estate dispute, despite the existence of an alternative legal remedy under the Real Estate Act. The High Court held that there was there is no inherent conflict or repugnancy between the RERA Act and the Arbitration Act. Additionally, the Supreme …

Arbitration Dispute Court Bar Alternative Held High

6 months, 1 week 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 …

Homebuyers Model Demand Estate Real Rera Letter

6 months, 1 week ago

Ensure strict implementation of RERA, says CM Revanth Reddy

Deccan Chronicle

Hyderabad: Chief Minister A Revanth Reddy here on Tuesday urged the members of Telangana Real Estate Appellate Tribunal to ensure strict implementation of Telangana Real Estate Regulatory Authority in the State. He requested the Tribunal members that RERA must be implemented effectively and thereby preventing property buyers from duping themselves from the false promises of realtors. After the formation of …

Rera Revanth Reddy Tribunal Members Telangana Real Estate Regulation

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, …

Justice Real Bench Rera Chairperson Builder Member

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 …

Regulatory Project Tribunal Estate Real Bench Karnataka Rera

9 months ago

U.P. RERA Makes It Mandatory For Promoters To Prove Their Title of Project Land

Live Law

Uttar Pradesh Real Estate Regulatory Authority has issued office order directing the promoters to ensure that they have legal title over the land on which they are applying for registration of the project. In case, the project land is not in the ownership of the promoter but in the ownership of some other person or persons, the promoter must have …

Development Title Land Project Rera Promoter Project Land

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 …

Regulatory Projects Report Real Registered Rera Pradesh

9 months, 2 weeks ago

Bombay High Court: Co-Promoters Are Also Liable To Pay Refund With Interest To Allottees In Case Of Delay Under Section 18 Of The RERA.

Live Law

The Bombay High Court bench, comprising of Justice Sandeep V. Marne, has held that promoters who are part of a real estate project but haven't received any consideration from the allottee will still be classified as “Promoters” under Section 2. The appellant filed an appeal before the Honorable Bombay High Court against the Tribunal's order dated October 18, 2022, contending …

Court Bombay High Court Order Promoters High Respondent No Respondent

10 months, 2 weeks ago

MoUs’ rollout to make Ayodhya much more than a temple town

Hindustan Times

Catapulted to the global stage by the Pran Pratishtha ceremony of Ram Lalla on January 22, Ayodhya will grow and become much more than a temple town when 161 Memorandums of Understanding of over ₹8769.52 crore, which were signed at the Uttar Pradesh Global Investors’ Summit in February last year, are rolled out at the proposed groundbreaking ceremony with the …

Housing Projects Ayodhya Project Crore Department Town

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 …

Real Estate Regulatory Projects Project Estate Real Act

1 year, 3 months ago

UP-Rera to ask banks to provide funds to delayed real estate projects

Hindustan Times

The Uttar Pradesh Real Estate Regulatory Authority has decided to ask banks to provide funds to delayed real estate projects in Noida and Greater Noida, officials aware of the development said on Sunday. One such project where the buyers’ association is struggling to arrange funds is the Sampada Livia of PSA Impex Group in Greater Noida. There are as many …

Noida Funds Banks Greater Noida Rera Buyers Authority

1 year, 11 months ago

Supreme Court Asks States To Submit Suggestions For Model Builder-Buyer Agreement With Mandatory RERA Clauses

Live Law

Supreme Court bench comprising Chief Justice DY Chandrachud and Justice PS Narasimha asked states to submit suggestions to the Union Ministry of Housing and Urban Affairs on the model builder-buyer agreement with the mandatory provisions of the Real Estate Act 2016. At the outset, amicus curiae Advocate Devashish Bharuka submitted that in terms of the last order, the court had …

Supreme Court Court States Union Model Agreement Act

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Articles for Rera, search results for development

Karnataka's Stalled Apartment Ownership Act: A Major Setback for Homebuyers

Developers violate RERA norms on amenities

RERA WEEKLY ROUND UP: NOVEMBER 25 – DECEMBER 1

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

Maharashtra Real Estate Appellate Tribunal Rules on Promoter for Town Development Activities

Granting possession of a flat without completion and firefighting clearance certificates ‘illegal’: SC

Karnataka RERA news: Retired IAS officer Rakesh Singh appointed new K-RERA chief

Only CPC Provisions Mentioned In RERA Act Apply To RERA Proceedings, Remaining Provisions Intentionally Excluded By Legislature: HP High Court

Rajasthan RERA Orders Refund To Four Homebuyers Of Sahara City Homes

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

Haryana RERA imposes ₹5 crore fine on realtor Vatika

RERA Cases Half Yearly Digest : January -June,2024

No Bar On Invoking Arbitration Despite Alternative Remedy Under RERA Act: Gauhati High Court

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

Ensure strict implementation of RERA, says CM Revanth Reddy

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

RERA Cases Quarterly Digest 2024

U.P. RERA Makes It Mandatory For Promoters To Prove Their Title of Project Land

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

Bombay High Court: Co-Promoters Are Also Liable To Pay Refund With Interest To Allottees In Case Of Delay Under Section 18 Of The RERA.

MoUs’ rollout to make Ayodhya much more than a temple town

Real estate regulatory reforms shaping the future

UP-Rera to ask banks to provide funds to delayed real estate projects

Supreme Court Asks States To Submit Suggestions For Model Builder-Buyer Agreement With Mandatory RERA Clauses