GURUGRAM: Holding a promoter liable for delay beyond the committed possession date, Haryana Real Estate Regulatory Authority (HRera) has ordered compensation at 10.8% per annum to two allottees in a Sector 108 project.On Sept 8, HRera chairman Arun Kumar passed the order on two complaints —...
GURUGRAM: Haryana Real Estate Regulatory Authority (HRera) has awarded compensation to a city allottee for delayed possession in a commercial project in Sector 68, while rejecting several serious allegations against the developer. The units’ possession in Ocus 24K project was delayed by seven...
GURUGRAM: Haryana Real Estate Regulatory Authority (Hrera) has directed a developer to pay delayed possession charges at an annual interest rate of 10.8% to four homebuyers.Pyramid Infratech has been given 90 days from the date of the order to pay accrued interest to the four buyers — Subhasis Das,...
GURUGRAM: Promoters in Gurugram will have to issue a public notice in a newspaper immediately after applying for a project registration with the authority, according to a statement.This will help a prospective buyer in many ways, besides it will make the process of project registration more transparent and robust,...
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...
GURUGRAM The Real Estate Regulatory Authority (RERA), Gurugram, on Friday inspected eight under-construction realty projects which are to be granted extension for completion and handing over the units to the allottees, an official said.The projects included Signature Global Prime, Micasa, Waterfall Residences,...