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U.P. RERA RECOVERY
Homeowner having possession must pay maintenance charges even if builder did not give OC, independent water connection and sewerage facilities, rules HP RERAHomeowners in possession must pay maintenance charges even without an Occupation Certificate or independent water and sewerage facilities. ...- 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...
- ET Explainer: What MahaRERA’s compensation recovery SOP means for homebuyers, developersMahaRERA has introduced a new standard operating procedure for compensation recovery, mandating asset disclosure and a time-bound enforceme...
- UP RERA ensures recovery of Rs 1,410 crore for homebuyersUP RERA has successfully recovered ₹1410 crores in 5700 real estate matters, with ₹861 crore recovered between August 2023 and July 15, 202...
- UP RERA to challenge NCLT’s order of admitting insolvency of Ansal APIUP RERA will challenge NCLT’s decision admitting Ansal Properties & Infrastructure into insolvency. The move aims to protect homebuyers’ in...
- UP RERA to challenge NCLT’s order of admitting insolvency of Ansal APIUP RERA will challenge the NCLT's insolvency ruling for Ansal API to ensure project completion and protect homebuyers' interests. This is t...
- 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...
- MahaRERA recovers over ₹133 crore from defaulting buildersReal estate regulators issue recovery orders against developers who have failed to hand over possession of properties to homebuyers. Distri...
- Rera refunds eludes homebuyers in Uttar Pradesh's Noida: ReportDespite being introduced as a mechanism to provide relief to distressed homebuyers, Recovery Certificates (RCs) have a low execution rate i...
- 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...
- Former cricketer Munaf Patel in trouble: Noida authorities freeze his bank accounts to recover moneyThe ex-cricketer is a director in a real estate company Niwas Promoters Private Limited, which had undertaken a residential project and fai...
- UP RERA to use provisions of Civil Procedure Code for implementation of its ordersIn the 94th meeting of the authority, a more effective policy for implementation of orders passed by RERA on complaints of allottees was la...
- UP Rera has in four years disposed of almost 80% of the 38,569 complaints receivedThe state's Real Estate Regulatory Authority (UP-RERA) has stepped in to address the situation. In four years, it has disposed of almost 80...
- UP RERA recovered Rs 150 crore from developers in four yearsAccording to the authority, about Rs 150 crore has been recovered against about 1000 recovery certificates and transferred to the accounts ...
- Developers request UP RERA to give extension to real estate projects impacted by Covid-19The developers have also demanded that the recovery proceedings on account of delay in compliance of orders, be kept suspended for further ...
- UP RERA imposes Rs 2.5 crore penalty on 11 developers who failed to comply with past orders“The authority as per RERA Acts and rules will continue to take actions and impose heavy penalties against the errant promoters so that the...
- After UP RERA warning, Supertech to settle 500 cases in six monthsLast week, UP RERA had prepared a list of top 10 defaulting promoters for non-compliance of RERA orders and decided to attach their propert...
- UP RERA to recover over Rs 500 crore from developers by attaching asset for auctionThe recovery notices has been issued after developers was asked to pay delay compensation to the homebuyer. Only 15% of the amount against ...
- To refund home buyers, Rera to auction unsold flats of defaulting buildersWhile Rera benches have taken several steps against defaulting builders, this is perhaps the first time that such a move has been announced...
- Home buyers demand fast execution of RERA ordersMany homebuyers and have been in and out of both the civil and MahaRERA courts, fighting battles for incomplete projects.
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