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RERA INTERIM CHIEF
RERA should be abolished if it helps only builders, says Supreme CourtThe Supreme Court strongly criticized the Real Estate Regulatory Authority, RERA. Judges suggested abolishing the institution, stating it o...
RERA doing nothing except facilitating defaulting builders: Supreme CourtRERA: A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi said the people for whom RERA was created were "completely depressed,...
Home dreams collapsed for these home-buyers: Here are 10 must-do checks before you buy a house to avoid same fateFrom stalled projects to missing approvals, homebuyers across India are learning the hard way that the dream of ownership can quickly turn ...
Karnataka RERA appoints retired IAS officer Rakesh Singh as new chairpersonRakesh Singh, a retired IAS officer, has been appointed as the new chairperson of Karnataka Real Estate Regulatory Authority (K-RERA) follo...
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...
SC reserves verdict on sale of unused FAR of Amrapali projectsThe apex court, in its July 23, 2019 verdict, had cracked down on errant builders for breaching the trust reposed by the home buyers and or...
SC extends interim medical bail granted to ex-CMD of Amrapali group"Perused the Interlocutory Application No. Issue notice on the application, returnable on September 23. Pending further consideration, the ...
HC Kishore Chandra is new chairman of Karnataka RERAChandra's senior retired DGP Neelmani Raju was appointed as a member of the K-Rera. Recently, the state government transferred KRERA Secret...
Homebuyers' body seeks forensic audit of delayed projectsFPCE’s demand for a forensic audit stems from the apex court’s Amrapali Group ruling that directed the government to take appropriate steps...
Finally, Kerala to get real estate regulatory authorityIt is learnt that two names have been recommended for the post of chairperson; one a retired additional chief secretary (ACS) and another s...
Karnataka RERA gets a permanent bodyEstablished in July 2017, the authority functioned without a permanent chairman for over 1.5 years. It had had four interim chiefs since it...
Dalmia Group wins arbitration in land case with Ansal API GroupThe Dalmias have approached the Delhi High Court for enforcement of the arbitration award that was granted by RC Lahoti, a former chief jus...
Karnataka RERA sees 3 interim chiefs since AprilIndustry executives and experts said that frequent changes in regulatory authority chiefs do not augur well for either the real estate sect...
How much has RERA helped home buyers in last one year?While Rera has made realty transactions transparent, its reach is currently limited to just a few states.
One year of RERA: 14 states still have no portalsThe appointment of an authority under RERA in every state was expected to go a long way towards regulating the sector and making it transpa...
SC rejects Jaypee promoters’ demand to bid for ailing unitThe Supreme Court on Monday sidestepped a demand by the promoters of Jaypee Group to bid for its ailing unit Jaypee Infratech under the ban...
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...
Builders told to pay 10% interest on delayed possessionAuthorities also clarified that the existing projects need not wait for registration to advertise. They can continue all their activities a...
Builders must declare projects as Rera-compliant from today: CredaiThe Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March last year and all the 92 sections of the Act come...
RERA: New realty law by May 1, set to cheer home buyers in KarnatakaThe big real estate developers are hoping that the new Act will stabilize the housing market by throwing out illegal players.