In a first, Haryana RERA asked residents to pool in money to finish project

In first of its kind order the Real Estate Regulatory Authority (RERA) of Haryana’s Panchkula has asked a group of residents to take over a project and complete the remaining construction work. Over 100 residents of Faridabad’s Piyush Heights society have agreed to pool in R 8 lakh each to complete the project and move in to their dream home. were expecting completion by 2011 by could not get it as builder failed to complete the project. RERA suggested us to form a association and we should be ready to…

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Varying Powers Of Officials Behind Delay In RERA Cases

Varying Powers Of Officials Behind Delay In RERA Cases

PUNE: Varying powers of MahaRERA members and adjudicating officials has meant that not all cases landing in the Pune office are suitably or fully acted upon, resulting in multiplicity of litigations or delay in administration of justice. “The RERA Act has failed to improve on the previous law.

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For Redevelopment, Housing Society Is Also Promoter: RERA

For redevelopment, housing society is also promoter: RERA

MUMBAI: In a relief for flatbuyers in a Goregaon redevelopment project, the Maharashtra Real Estate Regulatory Authority (Maha RERA) has held that a housing society is also a promoter. The Maha RERA recently heard a complaint by purchasers of flats in the sale component of a project called Horizon. Udayachal Goregaon

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‘Can’t Escape RERA Rules With Occupation Certificate’

‘Can’t Escape RERA Rules With Occupation Certificate’

CHANDIGARH: The Haryana Real Estate Regulatory Authority (HRERA) has held that it has the power to adjudicate on project that were on before the RERA Act came into force and were, therefore, not registered under the regulator. The verdict will have wide ramifications on the real estate sector in Haryana as it will bring into RERA’s

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