[ad_1] Representative image MUMBAI: The MahaRERA has received applications for deregistration of another 19 projects, including a Lokhandwala project at Worli Naka and a Dombivli project of Lodha, across the state. So far, the MahaRERA had received applications for deregistration for about 400 projects. The promoters seek deregistration of the projects in instances, where there…
[ad_1] Representative image HYDERABAD: The Telangana Real Estate Regulatory Authority (RERA) penalised Sterling Homes Private Limited with a fine of 17.9 lakh for failing to complete the “Sterling Orchids” residential project within the stipulated timeline under the RERA registration. The project, located in Mallampet Village of Medchal-Malkajgiri district, was originally scheduled for completion by July…
[ad_1] Representative image GURUGRAM: In a relief to buyers who were waiting for possession of their dream home units for over four years, the Haryana Real Estate Regulatory Authority (H-Rera) passed an order directing Pareena Infrastructures Private Limited to hand over the units to them within 30 days from the date of the order pronounced…
[ad_1] Representative image HYDERABAD: The Telangana Real Estate Regulatory Authority issued an interim order on Nov 11 restricting Beccun Infrastructures from creating third-party interests or engaging in transactions impacting flat buyers’ rights in its Kompally project ‘Beccun Lifestyle‘. The restraining order will remain in effect until further directives are issued by TG RERA. This decision…
[ad_1] Representative image HYDERABAD: A builder has been fined Rs 1.6 lakh and ordered to refund Rs 2 lakh to a flat buyer by the Telangana Real Estate Regulatory Authority (TG RERA) for allegedly collecting booking amount without required permissions. Complainant Sharath had alleged that the builder, Buildox Private Limited, was marketing and collecting funds…
[ad_1] Representative image MUMBAI: Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside a MahaRERA order and directed the promoter of a Jogeshwari (East) project to refund Rs 13.5 lakh paid for booking a flat in 2019—along with interest at the rate of 2%– to the allottees. The developer had forfeited the booking amount after…
[ad_1] Representative image PANAJI: The Supreme Court has dismissed the special leave petition of a retired district court judge, Cholu Gauns, challenging the high court order which had quashed his appointment as a member of the Goa Real Estate Regulatory Authority (Rera). The HC had also directed state govt to appoint retired district judge Vincent…
[ad_1] Representative image The Maharashtra Real Estate Regulatory Authority (MahaRERA) has cautioned homebuyers against buying any properties in a total 314 projects registered with the authority that are undergoing proceedings at the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) of 2016. Various banks, financial institutions, and other entities extending line…
[ad_1] Representative image PUNE: Maharashtra Real Estate Regulatory Authority (MahaRERA) has switched temporarily to its old Information Technology (Maha IT) website due to technical challenges faced by users on the newly launched MahaCRITI platform. The decision is aimed at avoiding inconvenience to homebuyers and other stakeholders during the festival season. MahaRERA chairman Manoj Saunik conducted…
[ad_1] Representative image GURUGRAM: Haryana Real Estate Regulatory Authority (HRera) has this year issued 207 arrest warrants against 20 city-based developers for failing to comply with its orders to provide compensation due to delays in handover of flats to homebuyers. H-Rera officials said police had, however, not acted on the orders, prompting the regulator to…