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1 week ago

RERA fines builder for delaying possession

The Real Estate Regulation Authority Punjab has directed Omaxe developers in Chandigarh to pay interest per month for delay in handing possession of a flat. The RERA ruled that it is evident that there is delay of many months which is likely to get further delayed and thus the complainant is entitled to get interest. The complainant sought issuance of …

Delay Rera Possession Omaxe Pay Interest Many Months

2 weeks, 4 days ago

Haryana RERA Orders Vatika Builders To Refund Rs. 84.34 Lakhs To Homebuyer For Delayed Possession

Live Law

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/s Vatika Sovereign Park Private Limited to refund ₹84.34 Lakhs with interest to homebuyer. Background Facts Homebuyer and his wife booked a flat in the builder's project named Sovereign Park located at Sector 99, Gurugram by paying a booking amount of Rs. However, as per the addendum agreement executed …

Flat Delay Builder Authority Homebuyer Vatika Sovereign Park

2 weeks, 5 days ago

Karnataka RERA Dismisses Real Estate Agent's Complaint Against Godrej Properties, Citing Vindictive Motive

Live Law

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 Godrej Properties project registration for advertising the project before registering it with the Authority. The Authority finds that the agent filed the complaint with a vindictive motive after being excluded from …

Project Complainant Complaint Rera Godrej Properties Builder Authority

3 months, 1 week 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 …

Uttar Pradesh Sale Promoters Home Buyers Projects Project Estate

5 months, 1 week ago

Mumbai real estate pros miffed over withheld brokerage fees, boycott imminent

Hindustan Times

Mumbai Order Fees Maharera Estate Real Brokers

5 months, 2 weeks 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

9 months, 2 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 …

Uttar Pradesh Homebuyers Registration Names Promoters Project Estate

10 months, 2 weeks ago

After Amrapali, NBCC exploring more stressed real estate project options in Delhi-NCR and Mumbai

Hindustan Times

After having completed as many as 16,000 Amrapali flats that were stuck for years and handing them over to homebuyers, the government’s construction arm NBCC, is now exploring a few options in NCR and Mumbai to provide relief to thousands of distressed buyers. After handing over stressed housing units in Amrapali projects in Noida and Greater Noida, NBCC, is now …

Mumbai Haryana Projects Project Units Noida Ncr

10 months, 2 weeks ago

Haryana RERA warns Gurugram real estate developers of penalty for not filing projects’ progress reports

Hindustan Times

Haryana’s real estate regulatory authority has asked real estate developers to file Quarterly Progress Reports and Annual Audit Reports without delay to avoid penalties, freezing of RERA accounts and attachment of their properties. Haryana’s real estate regulatory authority has asked real estate developers to file Quarterly Progress Reports and Annual Audit Reports without delay to avoid penalties. The RERA rules …

Projects Gurugram Estate Real Rera Reports Developers

2 years ago

100 Important Supreme Court Judgments Of 2022 [Part 1]

Live Law

As is the annual tradition, LiveLaw brings to you the list of 100 important Supreme Court judgments of the current year - a much awaited article by our dear readers.The judgments are selected based on the following criteria - importance to the general public; settlement of a contested position of law; utility for practising lawyers and.A disclaimer is added here …

India Family Life Supreme Court High Court Constitution Court Vulnerable Witnesses

3 years ago

PIL Alleges Assam RERA Not Functioning As Per Law: Gauhati High Court Issues Notice To Authority, Its Chairman

Live Law

Dealing with a Public Interest Litigation plea raising the issue that Assam Real Estate Regulatory Authority, is not functioning in accordance with law, the Gauhati High Court issued the notice to the Authority and its chairman.The Bench of Chief Justice Sudhanshu Dhulia and Justice Soumitra Saikia was dealing with a PIL moved by Anita Verma submitting that the Authority,. Dealing …

High Court Assam Pil Authority Its Chairman

3 years 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 …

Delhi Court Registration Order Tribunal Estate Real

3 years ago

Supreme Court Monthly Digest: November 2021 [Citation: LL 2021 SC 617 To LL 2021 SC 695]

Live Law

Insurance Claim Liable To Be Rejected If Premium Was Not Paid On Due DateThe Supreme Court observed that it is not permissible to rewrite the contract while interpreting the terms of the Insurance Policy. A Bench comprising CJI NV Ramana, Justices Surya Kant and Hima Kohli observed, "We are afraid, the plea of waiver taken against the appellant-State on the …

India Karnataka Kerala Delhi Disciplinary Proceedings Supreme Court High Court

4 years, 2 months ago

Contravention Of Obligations Cast Upon Promoters Under RERA Act: Authority Fully Empowered To Award Interest U/S 38(1), Holds Allahabad HC [Read Order]

Live Law

The Allahabad High Court on Wednesday held that in case of contravention of any obligation cast upon the promoters under the Real Estate Act, 2016, the Authority while exercising jurisdiction under Section 38, is fully empowered to award interest on the amount paid by allottees. The Court on the other hand observed that a combined reading of Section 18 and …

Court Case Interest Act Rera Possession Promoter

4 years, 2 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 …

Court Registration Agreement Date Act Rera Vineet Saran

4 years, 2 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 …

Consumer Supreme Court Proceedings Complaint Act Rera Builder

4 years, 2 months ago

Homebuyer Can Pursue Remedies Under RERA & Consumer Protection Act Simultaneously: P&H HC [Read Judgment]

Live Law

The Punjab and Haryana High Court has observed that a homebuyer can pursue the remedies under the Real Estate Act, 2016 and the Consumer Protection Act simultaneously.A division bench of Justices Dr S Mularidhar and Avneesh Jhangan held that it is not mandatory that a person, whose complaint is pending before the Consumer Forum, should have it transferred to. The …

Consumer Compensation Court Consumer Protection Act Complaint Act Person

4 years, 2 months ago

P&H HC Repels Challenge Against Pre-Deposit Condition For Appeal Under Section 43(5) Of RERA [Read Judgment]

Live Law

The Punjab and Haryana High Court has repelled the challenge against the constitutionality of the condition for pre-deposit prescribed under Section 43 of the Real Estate Regulation and Development Act, 2016 for filing of an appeal by a promoter before the Appellate Authority against any direction of the adjudicating officer.The proviso to Section 43 prescribes that "where a promoter. The …

Appeal Judgment Court Haryana Rules Tribunal Act

4 years, 4 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 …

Case State Estate Real Act Bench Rera

4 years, 4 months ago

Home Buyers Cannot Invoke Insolvency Proceedings For Recovery Of RERA Award: NCLAT [Read Order]

Live Law

The National Company Law Appellate Tribunal allowed an appeal filed by Sushil Ansal, former Director and shareholder of Ansal Properties and Infrastructure Limited setting aside the National Company Law Tribunal, Delhi bench March 17 order for the initiation of insolvency proceedings under Section 7 of the Insolvency and Bankruptcy Code, 2016. Stressed Assets Stabilisation Fund and Ors.- MANU/NL/0092/2020 observed that …

Recovery Insolvency Order Company Nclt Respondents Insolvency Proceedings

4 years, 4 months ago

Gujarat HC Urges State To Make Appointments To RERA Appellate Tribunal At The Earliest [Read Order]

Live Law

The Gujarat High Court on Thursday urged the State Government to expedite the process of appointing members as well as the Chairperson, to the Gujarat Real Estate Appellate Tribunal. Section 45 of the RERA Act prescribes that the Appellate Tribunal shall consist of a Chairperson and not less than two whole time Members of which one shall be a Judicial …

Gujarat Tribunal State Chairperson

4 years, 6 months ago

Punjab & Haryana HC Stays Circular Issued By RERA, Punjab Extending Validity Of All Registered Real Estate Projects By Six Months [Read Order]

Live Law

The Punjab and Haryana High Court on Tuesday stayed the operation of a "palpably wrong" circular issued by the Real Estate Regulatory Authority, Punjab, extending validity of all registered real estate projects by six months, due to the Covid crisis. The bench of Justice Rajan Gupta and Justice Karamjit Singh was "surprised" that the RERA had provided blanket extension to …

Projects State Six Months Circular Whose Registration Rera Punjab

4 years, 8 months ago

Recent Legislative And Case Law Developments In Insolvency And Bankruptcy Law

Live Law

The Insolvency and Bankruptcy Code, 2016 was implemented to provide a time-bound process to resolve insolvency among companies and individuals. The idea behind the moratorium under section 14 is to alleviate corporate sickness and a statutory status quo is pronounced under the said provision the moment a petition is admitted under Section 7 of the Code, so that the insolvency …

Law Corporate Court Insolvency Resolution Corporate Debtor Resolution Professional

5 years, 5 months ago

Appoint Permanent RERA and Appellate Tribunal Within Three Months, SC Tells 'Recalcitrant' States/UTs [Read Judgment]

Live Law

The Supreme Court has directed the States/Union Territories to appoint permanent adjudicating officers as Real Estate Regulatory Authority and Appellate Tribunal within a period of three months.The court issued this direction in its judgment upholding the amendments made to the Insolvency and Bankruptcy Code in 2018 to treat homebuyers as financial creditors. The Supreme Court has directed the States/Union Territories …

Court States Tribunal Three Months Amendment Estate Real

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Articles for Rera, search results for read

RERA fines builder for delaying possession

Haryana RERA Orders Vatika Builders To Refund Rs. 84.34 Lakhs To Homebuyer For Delayed Possession

Karnataka RERA Dismisses Real Estate Agent's Complaint Against Godrej Properties, Citing Vindictive Motive

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

Mumbai real estate pros miffed over withheld brokerage fees, boycott imminent

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

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

After Amrapali, NBCC exploring more stressed real estate project options in Delhi-NCR and Mumbai

Haryana RERA warns Gurugram real estate developers of penalty for not filing projects’ progress reports

100 Important Supreme Court Judgments Of 2022 [Part 1]

PIL Alleges Assam RERA Not Functioning As Per Law: Gauhati High Court Issues Notice To Authority, Its Chairman

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

Supreme Court Monthly Digest: November 2021 [Citation: LL 2021 SC 617 To LL 2021 SC 695]

Contravention Of Obligations Cast Upon Promoters Under RERA Act: Authority Fully Empowered To Award Interest U/S 38(1), Holds Allahabad HC [Read Order]

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

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

Homebuyer Can Pursue Remedies Under RERA & Consumer Protection Act Simultaneously: P&H HC [Read Judgment]

P&H HC Repels Challenge Against Pre-Deposit Condition For Appeal Under Section 43(5) Of RERA [Read Judgment]

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]

Home Buyers Cannot Invoke Insolvency Proceedings For Recovery Of RERA Award: NCLAT [Read Order]

Gujarat HC Urges State To Make Appointments To RERA Appellate Tribunal At The Earliest [Read Order]

Punjab & Haryana HC Stays Circular Issued By RERA, Punjab Extending Validity Of All Registered Real Estate Projects By Six Months [Read Order]

Recent Legislative And Case Law Developments In Insolvency And Bankruptcy Law

Appoint Permanent RERA and Appellate Tribunal Within Three Months, SC Tells 'Recalcitrant' States/UTs [Read Judgment]