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RERA TIMELINES
Corporate giants turn to urban regeneration as redevelopment race intensifiesIndia's largest corporate houses are focusing more and more on urban regeneration, shifting real estate focus from land acquisition to rede...- Uttar Pradesh RERA cautions against panic buying of homes, says sufficient inventory available for saleUttar Pradesh real estate regulator RERA reveals over 1.15 lakh housing and commercial units are available for sale across the state. Buyer...
- Construction costs up 25% since global conflicts began, developers flag material shortages: CREDAIConstruction costs have surged over 25 percent due to global conflicts. Supply chain issues, labor shortages, and rising material prices ar...
- UP RERA new advisory: 6 key checks homebuyers should do before purchasing propertyThe Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has issued a crucial advisory for homebuyers, detailing six essential checks be...
- Even RERA won’t help if you commit these 6 mistakes while buying a propertyRERA safeguards homebuyers against real estate developer malpractices, but its effectiveness hinges largely on buyer diligence. RERA may no...
- 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...
- Homebuyers’ body urges Housing Ministry to act against realty projects’ timelines extensionIt has urged the ministry to direct these states to withdraw their notifications granting such extensions provided to developers arbitraril...
- Developers requests RERA to withdraw recovery certificates“The flats on which RCs are issued, are already mortgaged with banks by the buyer who have taken home loan for the property. The district a...
- Lockdown: UP-RERA invokes 'force majeure', builders get 6-month extension to complete projectsThe six months extension will also be provided to such projects that have already availed one-year extension as provided in the RERA Act on...
- MahaRERA invokes force majeure to provide relief till September 15Experts say developers should not use the provision to delay rent to buyers in redevelopment projects.
- After builders’ appeals, Rera will relax delivery timelinesNaredco-UP, a body of realtors, wrote to Rera on Monday that it couldn’t honour the timelines set by the regulatory body as work on all pro...
- 21,000 Noida flats delayed by 3-7 years: Rera surveyTill November, UP-Rera recorded 8,211 complaints from homebuyers, of which 2,172 were heard last month alone.
- Review Maharashtra RERA project completion rules: Bombay High CourtMove would mean builders can’t cite the excuse of pending cases for missing deadline.
- How investors, home buyers can make the most of MahaRERA websiteMahaRERA website can help consumers in several ways, as long as they understand what data points to look for and how to interpret them.
- Builders give home buyers one deadline and RERA another to avoid penaltyDevelopers registering projects with the Maharashtra Real Estate Regulatory Authority are mandated to declare the delivery date of projects.
- Mumbai buyers may have to wait longer for new homesDelivery timeline for 57% projects revised by over a year after introduction of MahaRERA.
- Builders take Centre to court, say RERA illegal since it is a ‘retrospective’ lawBuilders' demand to exclude incomplete projects was turned down by the Centre saying the law was enacted to bring relief to crores of home ...
- View: Ambiguity in law, execution problems may dilute RERA effectivenessWith each State defining ongoing projects differently, developers must assess each of their ongoing projects in light of the relevant rules...
- Home buyers group rejects regulators’ take on RERAOne of the regulators had recently clarified while interpreting the Act, that builders cannot be penalised for earlier delays in their ongo...
- RERA won't be able to penalise builders for earlier delaysVini Mahajan, additional secretary, housing urban development, Punjab said RERA can only function under the specified rules and can't go be...
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