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REAL ESTATE ACT
EPF + own house = retirement sorted? CA warns how your Rs 2 crore flat can leave you cash-poorA chartered accountant's analysis reveals a significant gap in India's traditional retirement plan of owning a home and EPF. Savings often ...- Centre to soon notify RERA in J&K, LadakhThe Real estate act or RERA makes it mandatory for each state and union territory to set up its own real estate regulator and frame rules t...
- Over 34,000 real estate projects registered with RERA across IndiaA total of 15 states/UTs have set up regular Real Estate Regulatory Authority (RERA) while 13 have interim RERA.
- Home buyers still losers as RERA sits on complaintsAuthority meant to protect home buyers unable to function efficiently.
- RERA: Delhi gets full-time real estate regulatorUntil now, the Delhi Development Authority (DDA) vice-chairman was the interim regulator under the Real Estate Regulatory Act (RERA), 2016.
- RERA remains a work in progress after one year: ViewWe need a RERA authority monitoring the process of statutory approvals. India ranks a very low 181 out of 189 countries in ease of getting ...
- Builders rush for Occupancy Certificates to duck the new Real Estate ActA plausible reason could be that they may not wish their on-going project to fall under the purview of RERA, which is set to become effecti...
- Landowners getting share of revenue named 'promoters' by Maharashtra RERA"It was necessary for the consumers' benefits to identify whether such a promoter is a land owner, investor or one who has obtained buildin...
- Plot owner or society not liable in case of default by builder: MahaRERAThe court was hearing a petition filed by owners of a three-acre plot on the Goregaon-Mulund Link Road, Mulund (W) challenging the May 2017...
- Realty Queries: New projects need to show RERA registration numberShveta Jain MD, Real Estate Private Wealth Services, answers queries from our readers on real estate.
- Maharashtra Rera rules dilute Act, say home buyers"RERA allows a flat buyer to withdraw from a consumer body, a pending case in a pending project over delayed possession and file a complain...
- Real estate projects to get only 1-year deadline extension"The one-year deadline cannot be allowed to be extended as builders would take advantage of such leeway and the vexed issue of delay in com...
- Plea in Supreme Court to transfer RERA cases to one courtThe builders' main contention is that the provision of bringing all "ongoing projects" under RERA have retrospective effect
- Haryana clears RERA, defines its ongoing project clauseHaryana RERA had received a total of 1,874 objections and suggestions from CREDAI, other developers, resident welfare associations and indi...
- Central government has limited powers when it comes to RERA: Rao Inderjeet SinghSo far, 11 states and 7 union territories have notified state rules while rest of the states are in the process.
- Jaypee, four other builders promise to deliver overdue flats by 2020Jaypee Group has promised to complete the Aman project in phases and then deliver all 1,994 units in 13 towers by March 2018.
- Gujarat only state to notify the Real Estate ActThe HUPA secretary has written at least three letters to chief secretaries of state governments to push the notification of rules.
- Government gets set to bring in real estate act to boost transparency, safeguard homebuyersAfter incorporating suggestions from public, the ministry has referred the draft rules to the Ministry of Law and Justice for vetting.
- Real Estate Act to come into force from May 1The ministry of HUPA would make rules for union territories without legislatures while the ministry of urban development would do so for De...
- Real Estate Act may revive NCR realty marketIndustry watchers are hopeful that the law will help instrument a revival of the real estate sector in NCR.
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