Category: Rera

Get focused news on RERA regulations, builder compliances, consumer protection, and implementation updates across Indian states. Stay informed about changes that ensure transparency and protect property buyers.

Rera

Haryana RERA orders Expressway Towers’ builder to pay buyer 11% interest over project delay

GURUGRAM: Haryana Real Estate Regulatory Authority (HRera) has directed the builder of a highrise condominium — an affordable group housing project in Sector 109 — to pay the delay-possession interest and hand over the apartment to the complainant as per the terms of the buyer’s agreement. The unit number 908 of Tower 3 at Expressway Towers 109 was purchased for Rs 26.26 lakh nine years ago. The builder assured timely possession of the flat, with a carpet area of 644 sqft and a balcony area of 100 sqft, but failed to deliver within the stipulated four-year period from the date…

Rera

Telangana RERA to establish enforcement wing to ensure swift compliance

HYDERABAD: In a major move to strengthen regulatory framework in the real estate sector, the Telangana Real Estate Regulatory Authority (TGRERA) is set to establish its own enforcement mechanism to ensure swift compliance with its orders. Faced with mounting delays, especially from non-compliant builders and developers, TGRERA has been given more teeth with district collectors now empowered to invoke the Revenue Recovery Act (RRA) and exercise certain civil court powers for enforcement. This marks a decisive shift from passive regulation to active enforcement, sources said. An executive director, likely to be appointed from the revenue department in the coming days,…

Rera

Over 2,600 real estate projects expire in Karnataka, many more lapse: RERA data

BENGALURU: Karnataka Real Estate Authority (K-Rera) has initiated scrutiny of numerous residential complexes for failing to meet their completion timelines and neglecting to submit periodic progress reports. A significant number of real estate projects failed to meet their deadlines, with over 2,600 officially marked as ‘expired’ and more than 2,700 classified as ‘lapsed’, as per latest K-Rera data. Under Rera rules, a real estate project is tagged as expired when its registration period ends and the builder hasn’t applied for an extension. It is marked as lapsed if the project remains incomplete and no renewal is granted. In both cases,…

Rera

Developers get Gujarat RERA notices for pre-registration bookings

AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has begun issuing notices to developers for marketing their projects and accepting bookings before RERA registration, in contravention of the RERA Act. Sources said that GujRERA is going to start a mega campaign against this practice across the state. The authority also announced new rules for the marketing of projects, which will come into effect from June 15. “The authority issued notices to some developers who started promoting their projects and taking bookings before registering them with RERA. The authority wants to ensure the safety of customers. Besides acting on complaints from…

Rera

UP-RERA streamlining process of projects registration, dispute resolutions of homebuyers

NEW DELHI: Uttar Pradesh’s Real Estate Authority Chairman Sanjay Bhoosreddy on Friday said it is making efforts to streamline the process of registration of projects as well as dispute resolutions between builders and buyers. Addressing a real estate conference at Noida, Bhoosreddy said the property market in the state has been growing with the application of registration of projects coming from many districts in the states. Real estate developers need to register projects to start marketing activities and sell their inventories. “We are trying to make the system transparent as much as possible. We are trying to streamline within our…

Rera

Rajasthan RERA to e-auction attached properties, ropes in MSTC

JAIPUR: Rajasthan Real Estate Regulatory Authority (RERA) started the process for e-auctions of attached properties by roping in the MSTC Ltd, under the Ministry of Steel. The authority took the decision of using the e-auction software of MSTC, widely used by govt departments, as it seeks to enforce compliance and ensure timely recovery from defaulting real estate developers. The decision to engage MSTC on a contract basis was unanimously approved during the 21st meeting of the Authority on May 15. The auctions will be conducted in accordance with the Rajasthan Transparency in Public Procurement (RTPP) Rules. Advocate Mitesh Rathore stated,…

Rera

Stakeholders raise concerns over lack of clarity in Uttarakhand RERA regulations

representative image DEHRADUN: Stakeholders have raised concerns about a lack of clarity regarding the Uttarakhand Real Estate Regulatory Authority (UKRERA) regulations concerning both promoters and allottees. This uncertainty has led to the spread of misinformation and strained relations between the parties involved. These concerns were raised at a stakeholders’ awareness workshop organised by UKRERA on Thursday. “There have been a lot of changes in regulations since RERA came into effect. The practices of the 1990s for developers were different from today. For the promoters or builders, there is a lack of clarity regarding the current regulations. Even the trickle of…

Rera

Odisha RERA faces closure as two members set to retire in May

representative image BHUBANESHWAR: The Odisha Real Estate Regulatory Authority (ORERA) is heading towards a complete shutdown as its remaining two members are due to retire in May, raising concerns among homebuyers and developers across the state. The regulatory body was already functioning with reduced capacity following the premature departure of chairperson Siddhanta Das in Feb. Member (admin) Pradeep Kumar Biswal is scheduled to retire on May 2, while member (judicial) Gopal Chandra Patnaik, who is currently serving as acting chairperson, will complete his tenure on May 9. ORERA’s standard operating procedure requires a three-member bench to hear cases, with decisions…

Rera

Uttar Pradesh RERA removes 12 employees over integrity issues

representative image NEW DELHI: Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has dismissed a total of 12 employees of different categories in the past years on the basis of doubtful integrity and conduct. These include three junior engineers, two LCRA, one assistant accountant, four computer operators, one help desk employee and one peon. Recently, the anti-corruption team arrested an UP-RERA accountant while accepting a bribe from a homebuyer. Sanjay Bhoosreddy, chairman, UP-RERA said, “An affidavit of integrity is also taken from every officer and employee in RERA. CCTV cameras have been installed in all the rooms in RERA office and…

Rera

Bombay HC slams Maharashtra RERA for reluctance to resume hybrid hearings

representative image MUMBAI: Bombay High Court rapped Maharashtra Real Estate Regulatory Authority (MahaRERA) for functioning only through online hearing and its reluctance to return to hybrid hearings. “What is the difficulty in letting parties appear in person? You will know the grievances of a person face-to-face. Here (online) you don’t know…,” said Justices Revati Mohite Dere and Neela Gokhale on Wednesday. They were hearing a petition by Kandivli resident Mayur Desai to direct RERA to expeditiously pass the order reserved in March 2024 in execution proceedings. On his Dec 2020 complaint against CCI Projects Pvt Ltd over delayed possession of…