Page 4 - Rera

Give real estate brokers quoting below-market prices a wide berth

Stick to RERA-registered brokers, preferably the tech-savvy kind, and look for deep knowledge of the micro-market you are interested in

Sale of three-year-old parking space will be treated as LTCG: Analysts

According to another expert, whether parking space can be sold depends on the nature of the space concerned. It must conform to the definition of garage, as provided in the RERA.

RERA execution to improve post SC direction on studying states' rules: FPCE

Homebuyers' apex body FPCE expects the implementation of realty law RERA to improve following the Supreme Court's recent direction to the Centre to examine the rules framed by states.

Review of RERA rules likely to save home buyers from errant builders

As state after state diluted rules to regulate real estate, SC ordered a relook

Examine if RERA rules subserve interest of home buyers: SC to Centre

The Supreme Court directed the Centre to examine whether the rules framed by various states under RERA are in conformity and subserve the interest of home buyers.

The shovel returns

Housing down-cycle shaved more than 1 per cent from growth annually for nearly a decade; it is turning now

Robust regulatory mechanism under RERA: Centre on builder-buyer agreement

The Centre has told the Supreme Court that a robust regulatory mechanism and draft 'agreement for sale' already exists under provisions of RERA, Real Estate (Regulation & Development) Act, to balance the rights and interest of homebuyers and promoters in an accountable and transparent manner.

SC verdict to protect homebuyers, make realtors toe the line

The SC's verdict is now expected to trigger a major change in state-specific rules modelled on this Act

WFH rules helped middle class during Covid-19 pandemic, says PM Modi

"The rules framed for WFH during the corona period made the lives of the urban middle class much easier," Modi said

Second wave: MahaRERA grants six-month extension to developers till October

The Maharashtra Real Estate Regulatory Authority allowed a six-month relief to builders to deliver projects by accepting their demand for invoking the force majeure clause because of the second wave.

Maharashtra RERA blacklists 644 residential projects in state, bars sale

About 43% blacklisted projects are in Mumbai Metropolitan Region alone, followed by 29% in Pune; the remaining are in smaller towns Nagpur, Nashik and Kolhapur, among others

Model Tenancy Act to create level-playing field between landlord and tenant

By giving landlords the confidence to rent their properties, it will augment supply, providing tenants with more choices

UP, Haryana, Maharashtra lead on the number of RERA cases resolved

Nearly 40 per cent of all complaints were resolved in Uttar Pradesh alone

A regulator for health sector on lines of RERA likely to be set up soon

The survey cited unplanned readmission data - considered the most common metric of quality in the hospital setting

Will commercial real estate market rebound to pre-pandemic levels in 2021?

2021 should be a year in which commercial asset story will continue to grow and lead the recovery in the real estate sector post pandemic

RoDTEP rates not decided, MEIS for exports may continue till end-March 2021

Any registered user under GST who wishes to generate IRN needs to register on e-invoice system using his GSTIN

From battle over whisky brand to Rera rule, here're the key court orders

A selection of key court orders

Despite RERA, home buyers can still seek remedies at consumer fora: SC

The Supreme Court on Monday held that despite the enactment of RERA, to deal with real estate firms, home buyers can still approach the consumer forum to seek remedies

Paying six per cent interest on flat cost for delay a huge burden: Realtors

While developers say it will be a huge burden for them in addition to penalties under RERA, other experts suggest the apex court verdict would be beneficial for buyers

Will settle all RERA complaints in the next six months: Supertech

Supertech said of the 864 complaints, it has settled 334 since the opening of the lockdown by providing alternative flats or compensation to complainants