UP-RERA urge state government to fix all dues to be paid at MCLR

According to UP-RERA these recommendations if approved will help stuck or delayed projects, financial stress of various projects and reduce the disputes between home buyers and builders. NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has urged the state government to direct all development authorities and housing boards to charge interest on all …

UP RERA Vulnerable To Impose Rs 371 Lakhs Large Integer Fine For Not Giving Possession

The Uttar Pradesh assets administrative unit (UP-RERA) has issued a show-cause notice to twenty-two builders and have vulnerable to impose fine of Rs 371 lakhs for not following the order of giving possession on the given date.

UP RERA Summons Promoters of Twenty-Two Projects Comes In NCR Over Possession Delay

The state realty Regulation Authority (RERA) has summoned promoters of twenty-two comes in Ghaziabad, Noida and bigger Noida on Gregorian calendar month twenty-three over delay in returning possession of properties to consumers, officers aforesaid on Thursday. The Authority has altogether known 397 such come within the capital Region and referred to as twenty-two of them for a gathering at its larger Noida workplace, they said. This square measure comes wherever compliance of the RERA court orders concerning possession isn’t being followed. Their promoters have incomprehensible their deadlines to present possession to the complainants as explicit within their affidavits in the court, …

Center Straight Word To SC That 42000 Projects Are Registered In 30 States, Notified By RERA

The Centre has told the Supreme Court that the important Estate (Regulation and Development) Act (RERA), that is supposed to deal with grievances of home-buyers, is being enforced across the country and thirty states and Union Territories have up to now notified the foundations.

The Influence of RERA on Real Estate Agents

This year, the market for real estate has got completely silent showing no signs of continuous transactions as was the case last year. Nowadays, it has become almost impossible for the sales individuals in the field of real estate to meet their targets of selling properties. The problems that the developers and realtors are facing …

Burning Questions on the Implementation of RERA

The governments of several states are on doubts by home buyers who had this firm belief in the fact that they would put a neutral RERA or Real Estate (Regulation and Development) Act into practice that would help them in getting out of the ensnare of delayed delivery of homes while infusing efficiency and transparency …

RERA Consultants- CRAI or Campaign for RERA Awareness in India

The Indian government has come up with a game changing modification in the real estate arena of India. This game changing improvement is called the Real Estate (Regulation & development) Act or RERA. One of the most important objectives of this Act is bringing about accountability, transparency and further enhancing professionalism in the industry for …

UP to Launch RERA site Today, Issue Registration Number Instantly

The Uttar Pradesh government will launch its RERA website on Wednesday, which will allow builders to start registering their projects under the new real estate law and, significantly, also grant them immediate registration numbers as opposed to the current system where the process takes up to a month. Once a real estate company gets the …

Major Problem Face by Broker Under the Real Estate Regulatory Authority

The Real Estate regulation and Development Act 2016 is taken action on the real estate agent for the noncompliance. Because of provision, agents and other real estate broker worried a lot in their business due to the major reason such as delays in the submitting the possession of houses , flats , apartments and much …