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RERA EXPLAINER TERMS
India’s realty sector sees rise in ESG-linked fundraising amid tighter lendingIndian real estate is embracing green finance. Investment funds and property platforms are linking their fundraising to environmental and g...- Builder homebuyer dispute: Should homebuyers choose arbitration or RERA for quicker resolution?Homebuyers facing builder disputes have a choice between RERA and arbitration. RERA offers a specialized forum for quicker resolutions at l...
- Waited long for a delayed project? Punjab RERA says no extra compensation for homebuyer other than interest for delay periodA homebuyer who opted to continue with a delayed housing project in Chandigarh will only receive RERA-mandated interest compensation for th...
- Homebuyers get relief from MahaRERA: Conditional OC not enough, Builder liable to pay compensation if it fails to fulfil all conditional OC termsMahaRERA has emphasized that a conditional occupation certificate isn’t the end of the road. Builders are obligated to satisfy any outstand...
- Bengaluru homebuyer wins Rs 29 lakh and interest compensation after builder delays flat possession by nearly 4 yearsA Bengaluru homebuyer has won a significant victory against a builder. After a lengthy delay in getting possession of their apartment, the ...
- What is carpet area, built-up area and super built-up area in property size: A homebuyer's guideIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 7...
- RERA Impact: Arrest warrant issued against builder who failed to pay compensation to property buyer for 14 year delay in possessionHaryana RERA has directed the arrest of a builder's directors. This action follows their failure to compensate a property buyer. The buyer ...
- MahaRERA orders Lodha Developers to issue full refund of booking money after homebuyer’s bank loan application got rejectedMahaRERA directed Lodha Developers to refund a homebuyer's Rs 7 lakh booking amount after their loan was rejected. The buyer booked a Rs 2....
- Can builders invoke force majeure clause to delay possession? Know what RERA saysReal estate developers can use "force majeure", or situations beyond their control, to justify inordinate delays in giving possession to ho...
- RERA Impact: Builder asked to pay Rs 2.56 crore compensation and foreclose homebuyer’s housing loan due to 7-year delay in possession of flatRERA: A homebuyer who took home loan to buy an apartment in Bengaluru faced challenges when the bank started charging the EMIs but construc...
- NRI homebuyer to get Rs 1.26 crore as refund and compensation from Godrej Properties against cancellation of flat bookingMahaRERA: A non-resident Indian (NRI) paid Rs 97 lakh to book a Godrej flat, however when Godrej cancelled the flat booking, entire money (...
- SC grants four weeks to states, UTs to respond to deviations in RERA rules in their jurisdictionsA bench of Justices D Y Chandrachud and Hima Kohli warned that if the requisite responses are not filed within the stipulated time, princip...
- What makes a real estate investment yield returns?While buying property, investors have high aspirations in terms of returns. Be it residential or commercial, one must consider a long-term ...
- 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...
- Only builder-buyer agreement can protect your rightsBuyers must read this document carefully as the terms and conditions mentioned will help to ensure that your rights are protected and you g...
- 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.
- Randeep Singh Surjewala accuses Khattar govt of 'diluting' RERA Act"The Manohar Lal Khattar government has played into the hands of builders lobby by sacrificing the claims of ordinary home owners at the al...
- 5 things that will make developers RERA-readyWith only Madhya Pradesh and Maharashtra ready for RERA on Day 1, experts at the event deliberated on a host of issues that matter to the c...
- Realty queries: Are ongoing housing projects covered under RERA?Every ongoing and under-construction project residential project, or projects that have not received their completion certificate before RE...
- Growth in infra-development will bring prices down: ExpertsPuri also said that real estate is in an evolution phase and even foreign markets like US and Germany have gone through this cycle.
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