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HRERA
Big win for homebuyers after 10-year wait: Haryana RERA directs Gurugram-based builder to pay 10.80% interestHRERA, in its April 7 order, ruled in favour of two allottees who had lodged a complaint against M/s KNS Infracon Pvt Ltd and its associate...- BPTP to invest Rs 1,100 cr to build luxury homes in Haryana's FaridabadRealty firm BPTP Ltd will invest around Rs 1,100 crore to develop a luxury housing project in Faridabad as part of its expansion plan.
- Planning to buy a property? Rera has issued a warning. Read this before investingThe Real Estate Regulatory Authority (Rera) in Uttar Pradesh has reminded developers and buyers about the payment module for projects. Acco...
- Real estate regulator asks promoter of ILD Grand project to refund Rs 72 lakh to homebuyerThe promoter of ILD Grand at Sector 37C will have to refund the full amount to its allottee, the RERA court said while passing an order on ...
- Haryana real estate regulator imposes penalties of Rs 25 lakh each on five builders in GurugramAs per the official statement, Identity Buildtech Private Limited has been fined for not completing its project Ansal Highland Park at Sect...
- Haryana RERA orders Vatika Ltd to refund homebuyers moneyThe Gurugram bench of the Haryana real estate regulatory authority (HRERA) has ordered Vatika Limited to refund money with interest to all ...
- Why stuck home buyers should know about Haryana RERA's order on assured return schemesThe recent decision of the Haryana RERA in Madhushree Khaitan vs Vatika Limited on November 10, 2021, has indicated that RERA shall have th...
- Builders can't cite RERA Act to deny investors assured returns: Haryana RERAIn a statement, H-Rera’s Gurugram bench said, “This decision of the authority is significant and shall go a long way in curbing/regulating ...
- Brokerage for property deals cannot exceed 1%, orders Haryana ReraThe commission brokers can charge for property transactions in Haryana has been capped at a maximum of 1% – the buyer’s and seller’s shares...
- 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...
- 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...
- Don’t use 70% of home buyers’ funds to repay loansIn the normal course, lending banks and institutions get repayment of their loans from the escrow accounts opened by developers where all t...
- 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...
- Haryana real estate regulator serves notice on Supertech for cheating homebuyersThe authorities approved neither a project nor any plan, but the real estate developer allegedly sold dwellings units.
- 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.
- Haryana likely to notify RERA by July 15Meanwhile, the government has convened a meeting with the officials of the Union government on July 8 before rolling out the act in the sta...
- 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...
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