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RERA ESTABLISHMENT
ET Alpha Wealth Summit Masterclass | 'When you zoom out, things look very good;" Vikas Khemani on the India story every investor needs to hear nowIndia has built a strong foundation for growth over the past decade, according to Vikas Khemani of Carnelian Asset Management. He highlight...- Real Estate vs equities: Why wealthy investors are increasingly choosing bricks over stocksIndia’s wealthy investors are increasingly allocating capital to premium residential real estate as market volatility prompts a search for ...
- New Dubai shared housing rental law: 5 big changes as land department can now order tenant eviction, cancel landlord permits if new rules are not followedDubai is introducing a new law for shared housing. Landlords must get permits from the Dubai Land Department. Non-compliance can lead to te...
- Suraj Estate acquires development rights for Mahim land parcel, eyes Rs 800 cr GDVSuraj Estate Developers is set to acquire development rights for a 0.72-acre land parcel in Mahim (West), Mumbai, for Rs 75 crore. This str...
- SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projectsThe Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms....
- ED says terror financing, crypto frauds new focus areas for agencyThe Enforcement Directorate is now targeting cryptocurrency frauds, terror financing, cybercrimes, and drug trafficking. Bank and real esta...
- MahaRERA clears 1,060 housing projects ahead of Gudi PadwaMaharashtra's real estate sector received a significant pre-festive boost with MahaRERA approving 1,060 housing projects before Gudi Padwa....
- Builder declares insolvency, buyer pays the price: BJP MP Bajpai demands RERA overhaul in Rajya SabhaThousands of homebuyers are facing distress as builders declare insolvency, leaving projects incomplete. Uttar Pradesh BJP MP Laxmikant Baj...
- RERA relief: Interest for delayed flats can be recovered as land revenue arrearsHomebuyers can now recover interest for delayed property possession from builders as "Arrears of Land Revenue" under RERA. This classificat...
- MahaRERA revises Self-Regulatory Organisations criteria to improve developer complianceMahaRERA has lowered the project threshold for forming Self-Regulatory Organizations (SROs) outside of the Mumbai Metropolitan Region from ...
- Homebuyers' association seeks reconstitution of RERAs conciliation forumsThe Forum for People's Collective Efforts has requested the Centre to revamp real estate conciliation forums, alleging a developer bias. Hi...
- MahaRERA recovers nearly Rs 140 cr as homebuyers’ compensation through warrantsThe recovery also assumes significance in the backdrop of enforcement of orders and execution of recovery warrants issued by RERA regulator...
- SC issues notices to states which are yet to establish RERAThe Supreme Court recently issued notices to the chief secretaries of Nagaland, Meghalaya, Sikkim and the Union Territory of Ladakh to give...
- MahaRERA establishes counselling set up for homebuyers, developersThe move is expected to help homebuyers get better support from the regulator and improve compliance by developers.
- UP RERA says it disposed of 9,300 consumer complaints in 2022In a statement, the UP RERA said it lodged approximately 6,900 complaints in 2022 and disposed of almost 9,300 complaints of aggrieved allo...
- 'All projects will come under RERA, eventually'Union minister Hardeep Puri said today that all real estate projects will come under the purview of RERA once it is established in all stat...
- MahaRERA to decide on deals done under earlier law, tooIn a matter related to delay in delivery and compensation for the same, a Mumbai-based realty developer had challenged the authority’s juri...
- 1 year of RERA: Not much has changed for the homebuyerAs the first anniversary of RERA draws closer, so does the knowledge that the implementation across states is nowhere close to its goal.
- Valuable lessons RERA can learn from the mutual fund industryThe real estate industry regulator would do well to take a leaf out of the mutual fund industry’s book and establish an organisation for de...
- Realtors bat for e-registration of ongoing projectsThe delay in setting up of the RERA in Haryana had left developers confused about the advertisement and sell of their ongoing projects.
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