BENGALURU: Karnataka Real Estate Regulatory Authority (K-RERA) has directed a Haryana-based builder to submit a detailed compliance report/action plan within 30 days specifying the list of amenities and infrastructure works already completed and those remaining to be completed in the project - Astrum...
BENGALURU: The Karnataka Home Buyers’ Forum demanded the state government to ensure compliance of the Section 17 of Real Estate (Regulation and Development) Act, 2016 by the promoters and builders in the state for the benefit of home buyers.As per Section 17 of the Act, promoters are required to...
BENGALURU: The members of the Karnataka Home Buyers Forum have been running from pillar to post, urging the Real Estate Regulatory Authority (RERA) Karnataka to issue guidelines on the completion of housing projects, similar to those implemented by RERA in neighbouring states. They complain that many builders have...
BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera), set up to safeguard homebuyer interests, has failed to recover Rs 666 crore — or 88% — of the Rs 758 crore it had ordered builders to pay their customers under the head of refund for incomplete/delayed projects, among other things.As on Dec 31,...