UP RERA to conduct forensic audit of seven projects of Supertech and Ansal APIAnsal API has been asked to submit compliance report within 15 days. RERA had issued a show cause notice to the promoter threatening to rev...
BPTP Spacio buyers to approach H-RERA as builder seeks escalation feeBuyers plan to request authorities to look into the matter and help expedite payment of 12% of the cost as delayed penalty for those who ha...
Kerala-RERA gets complaints against 100 buildersK-Rera has scheduled hearings in February for both the complainant and the respondent. Officials said complaints have been received against...
Start work or pay Rs 1 crore fine a day, H-Rera tells Greenopolis buildersThe Haryana Real Estate Appellate Tribunal had earlier rejected developers’ plea to stay the order passed by H-Rera in January last year, w...
RERA should be amended to plug loopholes: H-RERA ChairmanAccording to Khandelwal, the existing stipulations and provisions of RERA Act have many loopholes that need to be plugged in the interest o...
Home buyers beware of ‘Assured Returns’ schemesSuch advertisements lure the gullible public to invest their money in under construction projects. Different names are also being used to p...
Realtors can’t lure investors by promising ‘assured returns’: RERATerming such schemes as “fraud”, the authority said SEBI has already declared “assured returns” as illegal Ponzi schemes.
Haryana RERA orders Supertech to refund buyers' money for not giving possessionGurgaon bench of Haryana RERA observed that Supertech Ltd cheated homebuyers by accepting pre-launch booking before obtaining licence to de...
Realty sector gets Rs 24,011 cr investment in H1: Report"In the first half of 2018, total investments in the sector stood at USD 3,616 million or around Rs 24,011 crore," the report said.
Indian real estate sector witnesses growth across segmentsAll aspects of the Indian real estate sector– residential, retail, office, investments, have seen healthy increase in demand and renewed in...
New Rera certificate in Haryana to check duplication and tamperingThe certificate will be valid for five years, after which the property owner will have to get it renewed online.
Home launches in Bangalore decline due to RERAThe Karnataka RERA received about 977 applications for registration of projects and about 273 for registration of real estate agents as of ...
Residential launches down 17% in first half of 2017: ReportAs per Colliers Research, the number of new launches is expected to further decline as RERA and GST compliance will remain a challenge for ...
Gurugram homebuyers to move consumer court against Haryana RERAThe buyers, who have invested in various ongoing real estate projects across Gurgaon, have already lodged several complaints with the Harya...
NCR homebuyers plot HC move in RERA protestUnder the definition of 'ongoing projects' as per Section 'h' of the notification, most flats are likely to remain outside of UP RERA.
Lack of clarity over RERA pulls down Hyderabad residential launches in H1 2017Hyderabad witnessed transaction of 2.3 million sft in H1 2017 which is approximately 15% lower than H1 2016 and 26% fall when compared with...
Developers rush for occupation certificates to escape RERAThe draft rule for Haryana Real Estate (Regulation and Development) Rules 2017 has let off most ongoing housing projects from the regulator...