The registration of five affordable housing projects by Mahira Infratech Pvt Ltd was withdrawn by the Haryana Real Estate Regulatory Authority (RERA) in a historic judgment that signaled stringent implementation of the RERA Act. The authority’s dedication to upholding moral and legal norms in the real estate industry is demonstrated by its actions.… Read more
How do I Check RERA Details of the Project?
In the fast-paced world of real estate investment, ensuring the legitimacy and reliability of a project is paramount. With the implementation of the Real Estate Regulatory Authority (RERA) in many countries, including India, buyers now have a powerful tool at their disposal to safeguard their interests. But how exactly do you check RERA details of a project? Let’s dive into the process step by step.… Read more
Unlocking GUJRERA: Your Ultimate Guide to RERA Gujarat in 2024 for Secure Real Estate Investment
The real estate sector in Gujarat, like many other states in India, operates under the regulatory framework established by the Real Estate (Regulation and Development) Act, commonly known as RERA. RERA Gujarat, or GUJRERA, is the state-level authority responsible for overseeing real estate transactions and ensuring compliance with regulations to protect the interests of homebuyers. If you’re considering purchasing a property in Gujarat in 2024, it’s essential to understand the workings of GUJRERA and its implications on your investment.… Read more
MahaRERA has made the information about the flats sold public
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed builders to publicly disclose if a particular apartment has been booked or sold. This has happened after receiving various complaints about illegal multiple transactions of flats.… Read more
The MahaRERA Project Approvals in FY24: A Comprehensive Analysis
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has been a cornerstone in structuring the real estate framework of Maharashtra, introducing measures that bolster transparency and accountability. In the fiscal year that concluded on March 31, 2024, MahaRERA has reaffirmed its dedication to this mission by sanctioning a substantial volume of new housing projects. This blog post aims to dissect the details of these approvals, offering a deep dive into the regional trends and
examining their broader implications for various stakeholders within the real estate sphere.… Read more
Haryana RERA’s Firm Position: Coral Realtors Faces a Rs 50 Lakh Fine
Coral Realtors Pvt Ltd was hit with a heavy fine of Rs 50 lakh by the Haryana Real
Estate Regulatory Authority (RERA) in a recent show of regulatory power. The Real Estate (Regulation and Development) Act, 2016’s Section 3 was flagrantly violated
by the Gurugram-based developer when it advertised its Metro World Mall projectin Sector 5without first registering it with the RERA.… Read more
UP RERA – Understanding the Process of Filing Complaints Under RERA, Compensation & Conciliation
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) is a pivotal entity established under the Real Estate (Regulation and Development) Act, 2016. This regulatory body aims to promote transparency, accountability, and efficiency in the real estate sector, ensuring the protection of homebuyers’ interests in Uttar Pradesh.… Read more
Everything you need to know about the RERA Act
RERA is an act of the Indian Parliament. The RERA Act aims to safeguard the interests of home buyers and to encourage investments in the property sector. The RERA Bill was approved by the Parliament’s Rajya Sabha on 10 March 2016, after which it was approved by the Lok Sabha on 15 March 2016. The Act entered into force on 1 May 2016. 59 out of the 92 sections of the Act were notified on 1 May 2016, while the remaining provisions entered into force on 1 May 2017. The State Governments have to notify their rules under the RERA Act, based on the model rules laid down in the central Act.… Read more
Decoding HRERA: A Guide to Real Estate Regulations in Haryana
In recent years, the real estate sector in India has witnessed significant regulatory reforms aimed at protecting the interests of homebuyers and ensuring transparency in property transactions. One such crucial legislation is the Haryana Real Estate Regulatory Authority (HRERA), which plays a pivotal role in governing the real estate market in the state of Haryana, particularly in Gurugram, a prominent real estate hub. This article provides a comprehensive overview of HRERA and essential aspects that potential homebuyers need to consider before investing in real estate in Haryana in 2024.… Read more
Optimizing Your Project Search on RERA Website in 2024
In the realm of real estate, staying informed is key, especially when it comes to exploring potential projects. The Real Estate Regulatory Authority (RERA) website serves as a valuable resource for individuals seeking detailed information about various projects. However, navigating through the vast array of data can be daunting without the right approach. In this guide, we’ll delve into effective strategies for optimizing your project search on the RERA website in 2024.… Read more