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Haryana RERA Holds Builder for offering possession before Occupation certificate OC

Haryana Real Estate Regulatory Authority (Authority) comprising Justice Vijay Kumar Goyal (Member), has held that the offer of possession made by the...
Telangana RERA Cracks Down On Pre-Launch Offers And Unregistered Projects

Telangana RERA Cracks Down On Pre-Launch Offers And Unregistered Projects

The Telangana State Real Estate Regulatory Authority (TS-RERA) is tightening its grip on the real estate sector in the state. In a recent...
Haryana RERA Revokes Registrations of Mahira Infratech

Defining the liability of Promoter and Co-Promoter in Real Estate Projects – Bombay HC

Section 18 of Real Estate (Regulation and Development) Act, 2016 (“RERA”) stipulates that the developer has to provide refund and/or compensation to a buyer...
RERA update: Uttar Pradesh real estate regulatory authority passes 5 orders to safeguard homebuyers

RERA update: Uttar Pradesh real estate regulatory authority passes 5 orders to safeguard homebuyers

The Uttar Pradesh Real Estate Regulatory Authority has passed several orders over the last few weeks to protect the interest of homebuyers. It has...
Haryana RERA Revokes Registrations of Mahira Infratech

Haryana RERA Revokes Registrations of Mahira Infratech

The Haryana Real Estate Regulatory Authority (RERA) has taken the decision to cancel the registrations of five housing projects belonging to Mahira Infratech. This...
Tax planning before March 31: Do's and dont's for the last-minute tax saver

Punjab RERA – Arbitration Clause In Agreement For Sale Does Not Restrict Homebuyers From...

Punjab Real Estate Regulatory Authority (RERA/Authority) bench consisting of Justice Balbir Singh (Adjudicating Officer) has held that homebuyers can approach RERA...

MahaRERA Orders Deregistration Of Nishuvi Rehab Phase from RERA after the builder failed to...

The Maharashtra Real Estate Regulatory Authority (MahaRERA) bench comprising of Justice Ajay Mehta (Chairperson), Mahesh Pathak (Member - I) and Ravindra Deshpande (Member...
HRERA takes action against 20 developers for violating norms

HRERA takes action against 20 developers for violating norms

Mar 25, 2024 05:12 AM IST A statement issued by HRERA Gururgam said that action has been initiated against twenty such promoters and their collective...
Banks must verify builder RERA compliance for withdrawals: Department of Financial Services

UP-RERA directs the promoters to provide project registration certificate embedded with QR code

NEW DELHI: Uttar Pradesh real estate regulatory authority (UP-RERA) has redesigned the certificate for registration of projects. The registration certificate is now digitally signed...
Gujarat RERA Establishes Mediation Panel

Gujarat RERA Establishes Mediation Panel

Gujarat Real Estate Regulatory Authority (RERA) has formed a mediation panel to address disputes within the real estate sector. This initiative aims to provide...
Banks must verify builder RERA compliance for withdrawals: Department of Financial Services

Banks must verify builder RERA compliance for withdrawals: Department of Financial Services

The move comes after Haryana Real Estate Regulatory Authority (HARERA) made a recommendation to the secretary DFS to issue instruction to all banks to...
Success rate of conciliations between homebuyers & developers is around 35% to 50%, says MahaRERA

Success rate of conciliations between homebuyers & developers is around 35% to 50%, says...

According to the RERA Act, MahaRERA is required to facilitate amicable conciliation of disputes between developers and homebuyers through dispute settlement forums set up...

REAT Delhi: While Exercising Its Authority Through Suo-Motu Proceedings, RERA Must Inform The Concerned...

While setting aside the order and penalty imposed by the Delhi Real Estate Regulatory Authority (RERA or Authority), the Delhi Real Estate...
Haryana RERA slaps Rs 50 lakh fine on developer for violating norms

Haryana RERA slaps Rs 50 lakh fine on developer for violating norms

March 11, 2024: The Haryana Real Estate Regulatory Authority (RERA) imposed a penalty of Rs 50 lakh on real estate promoter Coral Realtors for...
Banks to ensure builders comply with RERA norms when handling public money

Banks to ensure builders comply with RERA norms when handling public money

RERA norms state that developers must deposit 70 percent of the amount collected from buyers in an escrow account, which can be used only...
Uttar Pradesh real estate regulator to train and certify real estate agents

Rera Certification Now Mandatory for All Agents in UP Ghaziabad |

Ghaziabad: UP-Rera will start a training and certification programme for real estate agents in April and allow only agents it certifies to operate from...
Entire township must be registered as one unit under RERA, says TNREAT

Entire township must be registered as one unit under RERA, says TNREAT

The observations were made while dismissing an appeal preferred by Hiranandani Realtors Private Limited against an order passed by the Tamil Nadu Real Estate...
Bombay High Court: Co-Promoters Are Also Liable To Pay Refund With Interest To Allottees In Case Of Delay Under Section 18 Of The RERA.

Bombay High Court: Co-Promoters Are Also Liable To Pay Refund With Interest To Allottees...

The Bombay High Court bench, comprising of Justice Sandeep V. Marne, has held that promoters who are part of a real estate project but...
UP RERA Mandates Settlements to be Uploaded on Portal - Releases SOP

UP RERA Mandates Settlements to be Uploaded on Portal – Releases SOP

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has expanded its powers to closely monitor and regulate builder-buyer settlements in the state. This...

NDMC To Geo Tag All Properties in FY 2024-25 in Delhi – Step by...

For the ease of property tax collection, the NMDC announces to geo-tag all the properties in Delhi within its zone The New Delhi Municipal Council...

Supreme Court Upholds Equal Treatment Of Homebuyers Under The Insolvency And Bankruptcy Code, 2016

Introduction The financial implications for homebuyers in the context of the Insolvency and Bankruptcy Code, 2016 (Code) have been a subject of legal scrutiny. According...
DDA mega e-auction: Here is how to bid for over 450 properties in Delhi

DDA mega e-auction: Here is how to bid for over 450 properties in Delhi

The Delhi Development Authority (DDA) is holding a mega e-auction of over 450 properties in Delhi. The auction will be held online from October...
Payment by Builder for Damages to Allottees is not Interest, No TDS – Analyzing Two ITAT Judgements

Payment by Builder for Damages to Allottees is not Interest, No TDS – Analyzing...

Referring Two Cases Case Details: Sawhney Builders (P.) Ltd. v. ACIT (TDS) - 151 taxmann.com 97 (Delhi-Trib.) M/s Pratibha Housing Pvt. Ltd. Vs Commissioner...
Chinese Real Estate Developer Country Garden on Verge of Major Offshore Credit Default Today

Chinese Real Estate Developer Country Garden on Verge of Major Offshore Credit Default Today

Lack of payment would make Country Garden the latest in scores of Chinese developers who have defaulted. The firm had last week warned about...
Homebuyers Who Secure RERA Decrees Can’t Be Treated Differently From Other Financial Creditors Under IBC : Supreme Court

Homebuyers Who Secure RERA Decrees Can’t Be Treated Differently From Other Financial Creditors Under...

Introduction The Supreme Court of India has ruled that homebuyers who secure decrees from the Real Estate Regulatory Authority (RERA) for a refund of their...
Relief for Buyers on GST Rate on Water Connection, Electricity Installation, Development Charges & Legal Fees Charged by Builder - AAAR Orders Refund of Excess Tax Collected

Relief for Buyers on GST Rate on Water Connection, Electricity Installation, Development Charges &...

IN RE: M/S. PURANIK BUILDERS LIMITED, APPELLATE AUTHORITY FOR ADVANCE RULING, MAHARASHTRA has provided relief and Good News for All Flat Buyers with a Ruling that...

18% GST Applicable on Sale of Parking along with Flat

Sale of Parking Space along with Flat is liable to taxed at 18% under GST and not as Composite Supply 2023 (1) TMI 81 -...

Haryana Revenue & GST Department to Share Data for Curbing GST Evasion on Commercial...

Government of Haryana Excise & Taxation Department Haryana Chandigarh, 23rd May 2022 PRESS RELEASE Haryana Revenue Department to Share data of Commercial Rent/Lease Deed with Haryana Excise and...

I Want To Sell My House In USA And Move To India. What Are...

I have been working in USA for more than 12 years and now my family and me are moving back to India for good this...