Corporate Law : Understand the mandatory compliance for quarterly updates under RERA. Learn about the requirements, deadlines, and professional gu...
Corporate Law : Discover why complying with RERA regulations post-registration is crucial for real estate projects. Learn about mandatory steps, p...
Corporate Law : Discover how Insolvency and Bankruptcy Code (IBC) protects homebuyers and other consumers, with a detailed analysis of financial a...
Corporate Law : Discover how RERA (Real Estate Regulation Act) impacts India's economy, boosts transparency, and addresses challenges in the real ...
Corporate Law : MahaRERA denies relief for delayed possession in absence of monetary consideration. Key case: Smt. Durgavati vs. Jangid Homes Pvt....
Corporate Law : Explore discussion paper on real estate insolvency reforms, including RERA registration, separate bank accounts, and asset exclusi...
Corporate Law : Learn how to register as a real estate agent with HRERA Panchkula. Follow these step-by-step instructions for online registration,...
Corporate Law : Real estate agents are essential element of real estate sector, who connect allottees and promoters and facilitate most of the rea...
Corporate Law : The Real Estate Regulation & Development Act, 2016 (RERA) was passed in the Parliament in March 2016 & it came into effect...
Corporate Law : Haryana Real Estate Regulatory Authority (HRERA) have ordered 17 Builders, to refund Rs. 50 Crores to the homebuyers of various co...
Corporate Law : Dive into the NCLAT judgment on the implications for homebuyers under RERA, analyzing Section 7(1) of the IBC and the distinction ...
Corporate Law : Kerala High Court held that all the projects which received occupancy certificate after 01.05.2017 are covered within the purview ...
Corporate Law : NCLT Hyderabad rules Corpus Fund for homebuyers' maintenance is not a financial debt under IBC. Analysis of Vasathi Anandi Owners ...
Goods and Services Tax : Read detailed analysis of Competition Commission of India's order on Sh. Kuldeep Raosaheb Patil Vs Nayan Developers regarding alle...
Goods and Services Tax : Competition Commission of India (CCI) directs DGAP to re-examine projects 'Omkar 1973 Worli' and 'The Summit Business Bay.' Detail...
Corporate Law : Explore MahaRERA's proactive approach to quality assurance in real estate, focusing on prevention and rigorous standards. Submit y...
Corporate Law : Delve into MahaRERAs discussion paper regarding the operation of bank accounts for registered real estate projects. Learn about pr...
Corporate Law : Discover MahaRERA's initiative to regulate Retirement Homes in Maharashtra, ensuring adherence to physical standards for senior ci...
Corporate Law : Explore MahaRERAs Order No. 50/2024, prohibiting double registration in real estate projects. Understand the implications and subm...
Corporate Law : Stay informed on the latest MahaRERA Order 41B/2023 granting a final extension for obtaining Real Estate Agent Certificates. Know ...
♦ Real Estate (Development and Regulation) Act 2016, Rules and Regulations were enacted to resolve the disputes between the Builders & homebuyers. ♦ A Conciliation forum is to facilitate settlement of any disputes between the parties and acts as a mediator between the aggrieved parties. ♦ Aggrieved parties such as home buyers, developers, or real […]
Whether any remedy available to the Promoter for units booked/sold after enactment of RERA Act till 30.11.2017? Introduction As per RERA Regulations, registration is required to be obtained before advertising, marketing, booking, selling or inviting persons to purchase units of the Proposed or ongoing project. Guj RERA, after the enactment of the Act, had issued […]
How much penalty you may have to pay if you are unaware of the Provisions of Applicability of RERA Registration? Introduction Real Regulation and Development Act, 2016 applies to a Promoter if the area of land proposed to be developed does exceed five hundred square meters or the number of apartments proposed to be developed […]
Whether the Project intended to given for Lease hold or free hold requires RERA registration ? – Penalty Charged by GUJ RERA Introduction It’s a known fact that RERA registration is applicable for the Projects if the area of land proposed to be developed does exceeds five hundred square meters or the number of apartments […]
Maharashtra Real Estate Regulatory Authority Date: 29/10/2021 Order No: – 26/2021 No. MahaRERA/Secy/File No. 27/234/2021 Subject: Report From CERSAI Whereas Ministry of Finance notified the establishment of the Central Registry Securitisation Asset Reconstruction and Security Interest of India (CERSAI), a Government Company, incorporated for the purpose of operating and maintaining the Central Registry under the […]
In this research article, the author seeks to address the provisions of ‘Real Estate (Regulation and Development) Act’ (herein after referred to as ‘RERA’) and ‘Consumer protection act, 2019, herein after referred to as ‘CPA’ and draw an analysis comparing the above.
The real estate sector plays an important role in fulfilling the need and demand for housing and infrastructure in the country. Real estate Industry contributes the 2nd highest GDP to the country next to agriculture. It employs a large number of skilled, unskilled resources. While this sector has grown significantly in recent decades, it has […]
Advocates and solicitors are often called upon to issue title certificates. This maybe a requirement under law, as in the case of the Maharashtra Ownership of Flats Act, 1963 (MOFA) and the Real Estate (Regulation and Development) Act, 2016 (RERA) or under contract, as in the case of loan transactions, mortgages, etc.
Whereas, Section 4 of the Act states that promoter shall get his accounts audited within six months after the end of every financial year by a chartered accountant in practice, and shall produce a statement of accounts duly certified and signed by such chartered accountant.
Here are the following important points to be remember under RERA, 2016 GENERAL PROVISIONS 1. No promoter shall start dealings related to the real estate project without registering the project with RERA. 2. Exemption from registration if: i. Area of land to be developed is less than or equal to 500 sq. mtr. OR Apartments […]
