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.

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 …

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 …

Impact of Real Estate Regulatory Authority (RERA) in Real Estate Brokers

From 1st May onwards, every real estate agent has to register his or her name as per the Real Estate (Regulation and Development) Act (RERA). The law was amended and brought into action by the government for the fair practice in the real estate industry. Under the RERA Act, the real estate agents who have …

Citizens Firmly Demand quick implementation of RERA Act

The citizens of Karnataka organized a protest to address the state government for quick implementation of RERA as soon as possible just two days after the Government passed the Real Estate (Regulation and Development) Act 2016 without suggesting any further changes. The Activist along with some apartment owners and organizations fighting for quick implementation of …

Is Ahmedabad Will RERA Push Property Prices Up?

By the year 2016 in the month of May 1, RERA act taken into force in the real estate field, hence the real estate agent consider a short-supply and albeit temporarily, as fresh realty project launches is get belated on account of current stricter terms and conditions. Here the short-supply joined to develop the major construction …

Maharashtra’s real estate regulatory authority to start functioning from May 1

Consumers are keenly looking forward to the rules regarding registration of developers under Real Estate Regulatory Authority (RERA) even as the housing regulator’s appointment was cleared by the state government on Tuesday. The regulator had to be appointed before April 30. The rules regarding the establishment of the housing regulatory authority were notified and the …

RERA: Property broking market in Karnataka may be hit by high agency fees

BENGALURU: Real estate brokers in Karnataka, hit by slowdown and demonetisation, fear that the new draft state Real Estate Regulator Act (RERA) will make their business unviable, with some even apprehending the prospect of a closure. The government expects an agency to pay a proposed registration fee of Rs 5 lakh in the city and …