Rera

Homebuyers expect the implementation of realty law RERA to improve following the Supreme Court's recent direction to Centre to study states' rules

The Supreme Court today struck down West Bengal's law on regulating real estate sector saying it was unconstitutional as the state's statute encroached upon the Centre's Real Estate (Regulation and Development) Act (RERA).

The government's "Atma Nirbhar Bharat" package to battle the economic fallout from the coronavirus pandemic gave real estate developers few reasons to cheer.

Uttar Pradesh Chief Minister Yogi Adityanath on Monday said safeguarding the interest of those who give their entire live's earnings to builders in the hope of having their own home is of paramount importance to him.

On July 23, the top court cancelled the real estate company Amrapali Group's RERA's licence and appointed NBCC to complete all pending projects.

In a major setback for property developers, the Supreme Court on Friday upheld the amendments to the Insolvency and Bankruptcy Code, granting homebuyers the status of financial creditors. The top court said the move does not infringe the rights of property developers. The Supreme Court also said homebuyers enjoy the same rights as financial credito...

All unfinished housing projects of real estate group Amrapali, which has been accused of fraud, will be taken over by state-run National Buildings Construction Corporation (NBCC), the Supreme Court said in a landmark judgement on Tuesday. The verdict brings big relief for more than 42,000 homebuyers who had sought possession of flats booked in Amra...

Delhi has finally got a full-time real estate regulator under Real Estate Regulatory Act (RERA) with Lt Governor Anil Baijal appointing retired civil services officer Vijay S Madan to the post.

An RTI applicant was asked to pay the Goods and Services Tax (GST) for getting information from the Madhya Pradesh Housing and Infrastructure Development Board in Bhopal under the transparency law.

The Bombay High Court has ruled that provisions of the Maharashtra Real Estate Regulatory Authority would apply in cases of long-term lease agreements and that compensation complaints can be heard by it.

The centre will soon send a team to urge the West Bengal government to switch over to the Real Estate Regulatory Act (RERA) to protect home buyers' interest, an official has said.

RERA Act: According to a report by the consultancy firm Knight Frank, eight states have not even installed a regulating authority and the remaining 17 have installed "interim" regulators.

While IBC tries to give primacy to the creditors RERA tries to put consumers before creditors.

The Government has granted infrastructure status to affordable housing which will enableprojects to avail lower borrowing rates and tax concessions.

The sector, which has seen some pathbreaking changes with demonetisation and the RERA Act since 2016 was hoping for a revival felt dejected with lack of emphasis and further reforms in the Union Budget 2018-19.

Homebuyers expect the implementation of realty law RERA to improve following the Supreme Court's recent direction to Centre to study states' rules

The Supreme Court today struck down West Bengal's law on regulating real estate sector saying it was unconstitutional as the state's statute encroached upon the Centre's Real Estate (Regulation and Development) Act (RERA).

The government's "Atma Nirbhar Bharat" package to battle the economic fallout from the coronavirus pandemic gave real estate developers few reasons to cheer.

Uttar Pradesh Chief Minister Yogi Adityanath on Monday said safeguarding the interest of those who give their entire live's earnings to builders in the hope of having their own home is of paramount importance to him.

On July 23, the top court cancelled the real estate company Amrapali Group's RERA's licence and appointed NBCC to complete all pending projects.

In a major setback for property developers, the Supreme Court on Friday upheld the amendments to the Insolvency and Bankruptcy Code, granting homebuyers the status of financial creditors. The top court said the move does not infringe the rights of property developers. The Supreme Court also said homebuyers enjoy the same rights as financial credito...

All unfinished housing projects of real estate group Amrapali, which has been accused of fraud, will be taken over by state-run National Buildings Construction Corporation (NBCC), the Supreme Court said in a landmark judgement on Tuesday. The verdict brings big relief for more than 42,000 homebuyers who had sought possession of flats booked in Amra...

Delhi has finally got a full-time real estate regulator under Real Estate Regulatory Act (RERA) with Lt Governor Anil Baijal appointing retired civil services officer Vijay S Madan to the post.

An RTI applicant was asked to pay the Goods and Services Tax (GST) for getting information from the Madhya Pradesh Housing and Infrastructure Development Board in Bhopal under the transparency law.

The Bombay High Court has ruled that provisions of the Maharashtra Real Estate Regulatory Authority would apply in cases of long-term lease agreements and that compensation complaints can be heard by it.

The centre will soon send a team to urge the West Bengal government to switch over to the Real Estate Regulatory Act (RERA) to protect home buyers' interest, an official has said.

RERA Act: According to a report by the consultancy firm Knight Frank, eight states have not even installed a regulating authority and the remaining 17 have installed "interim" regulators.

While IBC tries to give primacy to the creditors RERA tries to put consumers before creditors.

The Government has granted infrastructure status to affordable housing which will enableprojects to avail lower borrowing rates and tax concessions.

The sector, which has seen some pathbreaking changes with demonetisation and the RERA Act since 2016 was hoping for a revival felt dejected with lack of emphasis and further reforms in the Union Budget 2018-19.