Tag: RERA

Homebuyers submit proposal suggesting ways to improve UP-RERA Act

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NOIDA: Homebuyers in Gautam Budh Nagar have submitted an eight-point proposal suggesting ways to improve the UP-Rera Act ahead of the real estate regulatory authority’s first convention, to be held in Lucknow on November 4. “We have submitted eight suggestions for alteration of the Act. First, National Company Law Tribunal (NCLT) should not interfere in the real estate sector. Second, UP-Rera should be involved to complete stalled projects. It should have the expertise of architects, chartered accountants and construction agencies and have the budget for the same. It should get…

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Uttar Pradesh builders to get rating from next year

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RERA Cosulting

New Delhi: Real estate builders and projects in Uttar Pradesh will receive a rating from next year, a move seen helping potential investors and homebuyers make informed decisions. A consultant appointed by the Real Estate Regulatory Authority (RERA) of Uttar Pradesh has finalised a rating system which is linked to disclosures required under the RERA Act, Rules and Regulations. The grading, to be done annually, will be based on a developer’s track record and background, financial profile, construction quality, buyer feedback and legal status of the project, according to UP-RERA…

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Property portals need to register with MahaRera in next 2 months

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MUMBAI: Real estate portals like Magicbricks.com, 99acres.com, Makaan.com and Housing.com, among others, will now have to register themselves as real estate agents under the state regulator MahaRera. In a recent order, the regulator has noted that such portals which carry out the functions of a real estate agent should register themselves with the Maharashtra Real Estate Regulatory Authority (MahaRera) within the next two months. In July last year, consumer body Mumbai Grahak Panchayat had written a letter to MahaRera chairman pointing out that the activities of property portals and had…

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Rera registration seems to be a rarity for city developers

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The Dos and Don’ts of NRI Investing In Indian Realty

BENGALURU: About a thousand housing projects in the state, most of them in Bengaluru, are under the scanner of the state’s Real Estate Regulatory Authority (Rera), for failing to register with the regulator and ignoring their notices. As a result, customers of flats at these residential projects will lose their right to approach the Rera if they face a problem with the seller. Rera polices only those projects that are registered with it. The real estate regulator has put out a list of such projects on its website — this…

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Amrapali home buyers object to sale of commercial space in housing projects

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Amrapali home buyers object to sale of commercial space in housing projects

NOIDA: Even as the Supreme Court-appointed receiver has started the process for tripartite agreements for Amrapali buyers, a section of them has objected to the sale of commercial space violating building laws in almost all housing projects of the embattled developer. Though the court is yet to give a final order on the issue, receiver R Venkatramani has asked the Noida and Greater Noida authorities to maintain status quo on all such commercial properties till the judges take a call. The Amrapali buyers have claimed that the permission to host…

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नोएडा की नौ परियोजनाओं को रेरा ने किया गैरपंजीकृत

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RERA-India-U.P-News

जागरण संवाददाता, ग्रेटर नोएडा : बिल्डरों के धोखे के शिकार खरीदारों की बढ़ती शिकायत को ध्यान में रखते हुए लोगों को जागरूक करने के लिए उत्तर प्रदेश भू संपदा विनियामक प्राधिकरण (यूपी रेरा) हरसंभव कदम उठा रहा है। इसी क्रम में रेरा ने राज्य की 36 परियोजनाओं को पंजीकरण सूची से बाहर कर दिया है। इसमें नौ परियोजनाएं गौतमबुद्ध नगर की हैं। गैरपंजीकृत परियोजनाएं लखनऊ, आगरा, मेरठ, कानपुर, गाजियाबाद, वाराणसी व सहारनपुर में स्थित हैं। इनमें ज्यादातर निर्माणाधीन हैं, तो कई परियोजनाएं पूर्ण भी हो चुकी हैं। इन परियोजनाओं को…

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