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 Rera has directed Chintels India to reinstate a cancelled plot in its International City-Plots project in Sector 106, rejecting the developer’s force majeure defence over an Enforcement Directorate land attachment and a court-ordered status quo.The order, passed by HRera member...
GURUGRAM: Haryana Real Estate Regulatory Authority (Hrera) has ordered a developer to pay two homebuyers over Rs 22 lakh for delay - of six years - in handing over a residential unit in Sector 88B.On Sept 2, Rera adjudicating officer Rajender Kumar directed Vatika Ltd to pay nearly Rs 22.7 lakh in...
NEW DELHI: Real estate regulation in India needs to move from post-facto complaint handling to predictive monitoring of projects, said Parneet S. Sachdev, chairman, Haryana RERA-Panchkula.Speaking at ASSOCHAM's real estate conference held in New Delhi, Sachdev said the first decade of RERA created a...
GURUGRAM: Mere payment of a booking amount and issuance of a provisional allotment, without a concluded and registered agreement for sale, doesn’t create the statutory relationship of promoter and allottee, Haryana Real Estate Regulatory Authority (HRera) has said.Maintaining that the transaction...
NEW DELHI: Haryana Real Estate Regulatory Authority (Haryana RERA), Gurugram bench has granted an automatic four-month extension to completion timelines of eligible registered real estate projects, citing the impact of the prevailing situation in West Asia on global supply chains.The order applies to...
GURUGRAM: The district administration has initiated recovery proceedings against more than 10 real estate developers who collectively owe nearly ₹296 crore in penalties imposed by Haryana Real Estate Regulatory Authority (HRera), marking one of the strongest enforcement measures yet to ensure...
GURUGRAM: Eight years after a residential unit was booked in Sohna, the real estate regulator has directed the developer to hand over its possession to buyers besides ordering it to pay statutory delay possession interest to them until the actual handover. Haryana Real Estate Regulatory Authority...
NEW DELHI: Haryana Real Estate Regulatory Authority’s Gurugram bench has set aside the unit cancellation notice issued by Neo Developers, terming the cancellation invalid.The order was passed in the case of Suman Lata versus Neo Developers, related to a commercial unit in Neo Square, Sector 109,...
NEW DELHI: Haryana Real Estate Regulatory Authority’s Gurugram bench has directed BPTP to refund ₹1,16,545 collected as maintenance charges from an allottee, along with interest at 11% per annum from the date of collection till realisation.The order was passed by the adjudicating officer in...