Tag: RERA

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…

Industry

PM asks officials to focus on full redressal of homebuyers’ grievances than simple disposal of plaints

File Photo NEW DELHI: The monthly Pragati meeting on Wednesday turned out to be a reality check for real estate regulators (Reras) with PM Narendra Modi asking probing questions to top state officials, including if they have ever tried to find out whether homebuyers are satisfied with the “disposal” of complaints. Modi also pointed out how just totting-up redressal numbers wasn’t enough. The PM directed all state chief secretaries to hold regular reviews and ensure that there is “complete redressal” of homebuyers’ grievances. Sources said to the discomfort of officials, the PM, while reviewing “issues related to Reras”, said realtors…