Latest StoriesRera

Delhi REAT Urges RERA to Resolve Builder Registrations in 30 Days

NEW DELHI: Delays in processing registration applications from builders and promoters have raised corruption concerns. Delhi’s real estate tribunal has instructed the Real Estate Regulatory Authority (RERA) to make decisions—either approve or deny—within 30 days of receiving applications. “The clear directive is that the Real Estate Regulatory Authority must address applications within 30 days of receipt, making decisions based on the merits. Protracted delays violate statutory timelines and can lead to accusations of corruption and malpractice, which can be mitigated by adhering to the law,” remarked the Real Estate Appellate Tribunal last week. The tribunal reviewed an appeal from the…

Latest StoriesResidential

Delhi Protest: 4,000 Members Demand Halt to Land Auction

NEW DELHI: Over 4,000 members of the Revanta Multi State CGHS Ltd Society marched to the DM (South West) office on Monday, urging a stop to the auction of their land designated for building flats. This sale was mandated by a Rera court. The society was established in June 2014 by two promoters and five others. Individuals were invited to join by paying a membership fee and purchasing land based on the planned size of the flats, with the understanding that they could settle the construction and development costs later. The total area owned by the society spans 44 acres…

Latest StoriesRera

Delhi RERA Includes 2008 Project After Partial OC from MCD

GURUGRAM: The Delhi Real Estate Regulatory Authority (RERA) has mandated state-run NBCC Ltd to register its NBCC Plaza Complex at Saket—a completed property where allottees received possession 17 years ago—as an ‘ongoing project’ under the RERA Act of 2016. This directive, issued by a majority bench led by Chairperson Anand Kumar and Member Ajay Kumar Kuhar, followed a complaint from Gurgaon-based Rajeshwari Realty Pvt Ltd, one of the major stakeholders in the project. The complaint highlighted that NBCC failed to execute conveyance deeds, form an association of allottees, and manage common areas—key obligations outlined under the RERA framework. The bench…