NEW DELHI: Uttar Pradesh real estate regulatory authority (UP-RERA) has directed the competent authorities to refrain from issuing temporary completion certificate (C.C.) or occupancy certificate (O.C.) which is not permissible under the laws relating to issuance of C.C. or O.C. applicable to them.The authority has...
Representative ImageNEW DELHI: No real estate project can fail if developers maintain financial discipline from the very beginning, Sanjeev Kumar Arora, member of Gurugram bench of Haryana regulatory authority, said. Addressing Assocham's National Conference on Changing Dynamics of Real Estate for Viksit Bharat, he...
Representative ImageThe Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has imposed a penalty of Rs 5 crore on city-based real estate promoter Vatika Ltd for failing to register its project within the stipulated time. The penalty has been imposed for violation of Section 3 (1) of the Real Estate...
Representative Image.MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has taken suo motu action against 628 housing projects across the state for not complying with the regulation to display registration number as well as QR code in the advertising materials.Of the 628 housing projects, 312 are...
Representative ImageAHMEDABAD: In a major blow to developers across Gujarat, some 1,000+ real estate project-linked bank accounts have been frozen by Gujarat Real Estate Regulatory Authority (GujRERA), over non-compliance issues. Developers of these projects have failed to meet Quarter-End (QE) compliances on...
Representative ImageThe State Government has issued a notification inviting applications for the post of Chairperson of the Karnataka Real Estate Regulatory Authority (K-RERA). HC Kishore Chandra, a retired Director General of Police who served as the K-RERA chairperson, retired at the age of 65 last month. He had...
Representative ImageDespite the Maharashtra Real Estate Regulatory Authority’s directive to realty developers to set up a complaint redressal cell for their respective projects, only 195 projects across the state have complied and established the grievance redressal cell.The regulator has undertaken a review of...
NOIDA: A major real estate developers' association and a homebuyer's body here on Monday said the UP RERA needs to reconsider its directive that made occupancy certificate (OC) a must for builders before offering possession letter. This decision, both said, was not in favour of homebuyers in projects that have been...
Representative ImageThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has kept the registration of 1,750 lapsed housing projects across the state in abeyance and has initiated measures to take similar action on additional 1,137 projects.Of these 1,750 projects, the Mumbai Metropolitan Region has the...
NEW DELHI: In order to prevent arbitrariness being done by the promoters through the offer of possession letters sent to the allottees and to eliminate the disputes arising between the promoter and his allottees due to this, Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has made a model format of the...