Corporate Law : MahaRERA issued thousands of show-cause notices for failure to update Quarterly Progress Reports and comply with RERA requirements...
Corporate Law : The Court held that investors seeking assured returns and buy-back benefits cannot masquerade as homebuyers to initiate insolvency...
Corporate Law : The Court examined whether Karnataka RERA could impose delay filing fees through an administrative circular. It ruled that such fi...
Corporate Law : The Tribunal held that landowners participating in development, revenue sharing, and allotment processes are co-promoters under RE...
Corporate Law : Karnataka RERA directed a promoter to provide project insurance records and proof of transfer of insurance benefits to the Associa...
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 : Jacob P P Vs Alka Ventures Pvt Ltd (NCLT Kochi) Homebuyers in the SKYWINGS Township Project filed a petition under Section 7 of th...
Corporate Law : NCLAT Delhi held that order directing vacation of premise granted under leave and licence agreements granted by Corporate Debtor d...
Corporate Law : The Bombay High Court directs MahaRERA to restore hybrid hearings and create transparent processes, citing a Supreme Court precede...
Corporate Law : Madras High Court rules real estate developers must secure 2/3rd buyer consent for major plan alterations, quashing unilateral app...
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 : Rajasthan RERA extends QPR penalty implementation to May 1, 2025. Order details & compliance info for promoters. No further extens...
Corporate Law : MahaRERA announces temporary unavailability of the complaint module from 20-31 Aug 2024. New system MahaCRITI to launch post 31 Au...
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...
Critical analysis of Newtech Promoters and Developers Pvt. Ltd. v. State of UP and Others Real estate (Regulation and Development) Act, 2016(RERA) was enacted to bring about standardization and transparency in the field of real estate. As new and dynamic as the law is, there are still lacunas and unanswered questions prevailing in the current […]
MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Date:- 14/01/2022 Circular No. 40/2022 No. MahaRERA/Secy/File No. 27/ 05 / 2 022_ Sub:- Disclosure of information in public domain. Whereas, Government of India has enacted the Real Estate (Regulation and Development) Act, 2016 (the Act) and all sections of the Act have come into force with effect from 01.05.2021. […]
Real Estate Sector before introduction of RERA, 2016 was one of the most unregulated sector in the country. We know that the Real Estate Sector is contributing around 6.5 to 7% of the GDP of India. In this unregulated sector , the consumers are the real victim and their hard earned money is duped by […]
The process of creating plans to spend and use finance in an organisation makes up budgeting (estimates). Budgeting (estimates) helps determine the spread of resources/finance available for project development. Execution of budgeting (estimates) in project management/development is essential. This ensures that project efficiency, standards, timely delivery of the project. A good Project Budget sustains itself […]
Units Booked/Sold before obtaining registration of Alteration in Project violates Section 3 of The Real Estate Regulation & Development Act, 2016 (RERA, 2016)? Introduction After the enactment of the RERA Act, approximately 10,000 Projects have been registered with GUJ RERA Authority. The Authorities are endeavouring their best to maintain the balance of equality, transparency and […]
Promoter henceforth shall submit the said three certificates to the schedule bank operating the separate account at the time of every withdrawal from the separate account irrespective whether such real estate project is a new project or an ongoing project till the occupancy certificate/completion certificate as the case may be, in respect of the said project is obtained and the copies thereof shall be submitted online by promoters to MahaRERA Authority.
Financial Management, discipline and withdrawal of funds under RERA Any business or venture shall forecast, plan the financial aspects while conceptualization and shall consider the various associated risks and costs thereon. This Industry is not an exception to that. Being the project development takes place over a number of years and Various risks of availability […]
(1) These regulations may be called the Maharashtra Real Estate Regulatory Authority (General) (Amendment) Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.
Following documents have to be attached for registration of Sale Component of Redevelopment Projects: Resolution / NoC from Society/Association of residents of the rehabilitation component confirming the Promoter’s rights to undertake the redevelopment project. LoI / NoC / Equivalent Document from the Planning Authority confirming Promoter’s rights to undertake the redevelopment project.
In complaints where Respondent (s) do not file the convenience document set, then it shall be presumed that the Respondent (s) do not have any additional documents to rely upon, then the documents submitted along with the affidav it-in-reply, if filed, and the hearing of the complaint shall be taken up for final hearing.
