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KARNATAKA RERA CHAIRMAN
Builder skipped mandatory RERA insurance? Why homebuyers face big risks and what to do nowBuilders are legally required to secure insurance for housing projects under RERA Section 16. This insurance covers land title and construc...- Builder can’t escape liability of clubhouse fire just because it handed over possession to apartment owners' association, rules Karnataka RERA due to this reasonBuilders cannot escape liability for damages by handing over possession if they fail to secure RERA-mandated insurance. Karnataka RERA has ...
- Property transactions: RERA chairman urges citizens not to accept deficient serviceThe real estate regulator, the RERA chairman said, has revolutionized homebuyers' rights by empowering them to demand accountability from d...
- Housing ministry asks state RERAs to set recovery mechanism for homebuyers’ refunds“It is a major concern that homebuyers across India are facing challenges in getting their refund orders enforced. We gave our report after...
- HC Kishore Chandra is new chairman of Karnataka RERAChandra's senior retired DGP Neelmani Raju was appointed as a member of the K-Rera. Recently, the state government transferred KRERA Secret...
- Uttar Pradesh accounts for 40% of the disposed cases under RERAAccording to data by the Ministry of Housing and Urban Affairs, 65,539 cases have been disposed of by the respective state authorities as o...
- MoS Hardeep Singh Puri agrees to set up central database for Real Estate Regulatory AuthorityThe minister also talked about how the important changes of covering ongoing and commercial projects mar reducing the threshold to bring it...
- RERA disposes of 48,556 complaints in three years; 57% resolved in last one yearUttar Pradesh takes the lead with as many as 18,509 cases disposed of by the UP RERA authorities so far, against a mere 5,989 cases a year ...
- Realtors want 1-year extension from Rera to complete projectsThe demand was sought after Rera in other states including Maharashtra , Karnataka and Uttar Pradesh extended validity of registration of p...
- Karnataka RERA approached the state government to approve model sales agreementThe K-RERA that started functioning two years ago had faced delay in model sales agreement due to change in government and the absence of R...
- Karnataka plans forum to sort out disputes between home buyers and promotersFollows Maharashtra and Uttar Pradesh; move expected to cut down number of complaints under RERA.
- Karnataka RERA resolved 30% complaints against buildersAccording to data sourced from RERA-K, around 2,700 complaints are being heard currently and will be resolved at the earliest.
- Karnataka RERA gets a permanent bodyEstablished in July 2017, the authority functioned without a permanent chairman for over 1.5 years. It had had four interim chiefs since it...
- Home buyers still losers as RERA sits on complaintsAuthority meant to protect home buyers unable to function efficiently.
- Karnataka RERA sees 3 interim chiefs since AprilIndustry executives and experts said that frequent changes in regulatory authority chiefs do not augur well for either the real estate sect...
- Mumbai and Delhi have nearly 80% of delayed projects in the country: ReportHyderabad has the least project delays, with 8,900 units worth Rs 5,500 crore running behind schedule.
- RERA: Still rare on the groundAs per the latest registration updates, more than 32,306 projects and 23,111 real estate agents have been registered under RERA across stat...
- 3 states yet to roll out Rera, others have diluted versionsStates such as Haryana, Uttar Pradesh, Telangana, and Tamil Nadu among others where implementation of Rera is not up to the mark, the propo...
- Decision to buy a home hinges on one's priorities: Surendra Hiranandani, House of HiranandaniApart from the inherently higher cost, the selection of properties in the ready houses is limited as compared to ongoing projects.
- Real estate brokers fear state RERA rules will hit themBuilders are expected to disclose project-related information including project plan, layout and government approvals-related information t...
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