Rera Filing

TNRERA stated that the projects which doesn’t fall under the purview of RERA must be indicated in the advertisement. “If the project does not fall within the ambit of RERA that should also be indicated in the advertisement,” an official statement from TNRERA said here on Saturday. The statement further said that a number of advertisements are being published in dailies without mentioning the website address of the real estate authority and registration number obtained from TNRERA. For More Visit: www.rerafiling.com

Rajasthan RERA authority has decided to remove maximum cap limit of Registration amount. Now promoters have to pay registration fees for the total area of land or plot. Presently, the promoters have to pay Rs 5 per square meter as registration fee to register plotted residential housing scheme with RERA. The maximum registration fee cap under this category is Rs 2 lakh. A senior official at RERA said, “The registration fee of the project will be calculated on the basis of per square meter. The fee will be imposed depending on the size of the plot. At present, we have fixed minimum and maximum registration fee. Even if the plot area is big, the promoters have to pay the maximum registration fee to register with RERA.” For More Visit : www.rerafiling.com

Haryana RERA Authority has communicated it has heard grievances of 60 homebuyers on April 10 and April 12. HRERA  has given 1-2 weeks as a time for respondents to send their replies. At the hearings, most respondents sought 1-2 weeks time to file their replies,” said HRera (Gurugram) chairman K K Khandelwal, adding the authority will pass its order if they fail to file satisfactory replies within the stipulated time. He also said H-Rera hopes to dispose complaints within 60 days of their first hearing. Khandelwal said the Indo-Japanese real-estate firm, which was fined Rs 30 lakh for advertising before registering the project with HRera, “has deposited the penalty”. HRERA declared that it will organize hearings on every Tuesday and Thursday in a week. For More Visit: www.rerafiling.com

The government of India has enacted the Real Estate (Regulation and Development) Act 2016 and all the provisions of the Act have come into force with effect from May 1, 2017. Under this Act, State Government is required to establish Real Estate Regulatory Authority for regulation and promotion of the real estate sector in the State. Goa RERA notified RERA rules on 24 th November 2017. All Real Estate Agents should register under this Act. No real estate agent shall facilitate the sale or purchase of or act on behalf of any person to facilitate the sale or purchase of any plot, apartment or building, as the case may be, in a real estate project or part of it, without obtaining registration under this section. Registration Fees of  RERA  in  Goa  for real estate agents The real estate agent shall pay a registration fee at the time of application for registration through online mode at the time of online registration, for a sum of Rs.10,000/- in the case of the applicant

As per GUJRERA order dated 29 December 2017, every real estate agent is required to provide their complete information periodically with GUJRERA. The last date for uploading first half yearly return was 07 April 2018. It was observed that many agents have failed to comply with this.Taking into consideration the initial implementation constraints, the GUJRERA has decided to give relaxation for uploading their first return. The agents who were due to upload their first half-yearly before  07 April 2018 along with agents who are liable to file their first half by 07 June 2018 can now file their HY returns by 07 June 2018. If the agent “defaults” by not filling the return, all the subsequent HY Return Tiles will be locked for filing and till the agent complies to the penalized action decided by the authority, the agent will not have the facility of HY return filing. For More visit: www.rerafiling.com

The appellate tribunal of MahaRERA has asked the secretary to commence an action against an architect for granting flawed and inaccurate certificate to a real estate project.  "The secretary MahaRERA is requested to independently initiate action under the provision of RERA against Manoj Dubal for issuing the factually incorrect certificate," said the order passed by judge K.U. Chnadiwal.  While hearing an appeal, the tribunal observed that a builder during a hearing in MahaRERA had said that building has occupation certificate. However, it was found by the tribunal that the amenities, lift, staircases and other facilities were yet to be completed.  For more visit: www.rerafiling.com

Delhi RERA website has published a list of approved real estate projects and real estate agents with their details. As of now, eight ongoing projects have been approved by the Delhi RERA. Total of 26 agents has been approved till date. IAS officer Udai Pratap Singh has been appointed as an interim regulator. The RERA office in Delhi is located at 14th Floor, Vikas Minar, ITO. Delhi’s RERA portal has a complaint registration section as well, where all aggrieved homebuyers can file their complaints to the Authority. For More Visit: www.rerafiling.com

MPRERA send notices to 300 builders who have not updated the quarterly status of project on MPRERA website. MP RERA chairman Anthony de Sa said, “Our main focus is now to keep an eye on quarterly update of the projects on the website, if anyone fails do to so we will send notices and take action.”As per rules, all the registered projects are required to update the quarterly status of the project along with the pictures on the RERA website. De Sa said the regulatory body has already sent over 300 notices to promoters for failing to update their projects. For More Visit: www.rerafiling.com

Real Estate Regulatory Authority (RERA) of Madhya Pradesh would ensure completion of real estate projects in case promoters leave a project and escapes after collecting funds from buyers. MPRERA will incorporate a committee of buyers which will decide the future course of the stalled project. This move was taken in response to a complaint filed against an Indore based developer where promoter escaped after collecting money. But the option would be considered only when the majority of investors want RERA to intervene and form the committee, the chairman said, adding that RERA would not force the investors to go for this option.  For More Visit: www.rerafiling.com

In a recent order passed on Thursday, MAHARERA imposed a fine of Rs 50 lakhs on realty player Piramal Realty as the builder did not publish MAHARERA website address along with the advertisement of its project in South Mumbai Mahalaxmi Locality. The advertisement even did not carry the RERA Registration number on the first page, while it was displayed on the second page in a very small font. MAHARERA issued a warning to the builder to ensure that this kind of violation is not repeated in the future. This is the heaviest penalty levied so far by MAHARERA. For More Visit: www.rerafiling.com

While addressing the meet of Builders Association of India’s, Vijaywada chapter, Ch V Sambasiva Rao, director, RERA said that the builders and realtors across the country should follow new regulatory act in real estate industry. While delivering a power point presentation on RERA, he clarified the procedures, terms, and conditions of registration and briefed the required documents for registration. RERA Joint Director Vallabaneni Sunitha said the builders should submit the work progress to RERA once in three months. For every construction project, they should open a separate new account and 70 percent of the construction amount of apartment, villa and individual house should be deposited in the bank account, she added. For More Visit: www.rerafiling.com

Gera Development stated that the Real Estate (Regulation and Development) Act would be a big game changer for the Goan real estate industry. “It will further bring a discipline in the real estate industry, thus eliminating the unscrupulous operators in the business and bringing a financial control in the industry,” the company noted. Managing director of Gera Developments Rohit Gera, speaking to reporters on Wednesday, stated that the Act has been implemented in Maharashtra eight months ago; further hoping that it would now get implanted in Goa in the same positive manner. For More Visit: www.rerafiling.com

GOA RERA, in an order passed on Monday, has decided to impose the penalty on the application for registration of ongoing projects to be received after 31 March 2018. A penalty of Rs 1,00,000 will be levied for Registrations applications received between 01/04/2018 to 30/04/2018. From 01 May 2018, double penalty i.e. Rs 2,00,000 will be fined on builders till 01/07/2018. For More Visit - www.rerafiling.com

Around 27,000 projects across the country have been registered under the Real Estate (Regulation and Development) Act, according to the data from the Forum for People’s Collective Efforts. Around, 17,000 applications for agent registration have been received by various RERA authorities. Of the total number of projects registered, nearly 18,000 are from Maharashtra. That compares with 2,350 in Uttar Pradesh, the second in the list, and more than 1,600 each in Gujarat and Madhya Pradesh. Haryana has registered around 400 projects. For more visit : www.rerafiling.com

In Andhra Pradesh, only 23 projects have been registered with the RERA out of around 2000 projects falling under the purview of RERA. Sources said that in the capital city region alone, over 70,000-80,000 flats have either been completed recently or are under construction. As per rules, all these projects should have been applied to RERA. However, promoters are not earnest on joining RERA, stating several technical and financial troubles. Nine projects-all big-ticket investments from the capital city region got registered under RERA while one each project from  Visakhapatnam  and Kadapa got registered. “We are waiting with patience with a hope that they will join sooner or later. We will not hesitate to crackdown after giving little more time,” said a senior official of Rera. For More Visit:  www.rerafiling.com

The State government of Telangana will form RERA expert committee in three months. The government is planning to hire IT experts and will take help of agencies that look after RERA in Maharashtra. Principal secretary, municipal administration, Arvind Kumar told a delegation of Forum for People’s Collective Efforts (FPCE), Fight for RERA, a pan-India movement, and U-FERWAS that the new panel will be ready by July. He said a high-level government delegation had visited Maharashtra and Karnataka  to study the implementation of RERA and launch of RERA website. For More Visit: www.rerafiling.com

MAHARERA, the real estate authority of Maharashtra has summoned officials of Navi Mumbai Municipal Corporation regarding environmental clearance delay in connection with Green World Project at Airoli on Thane Belapur Road. They appeared before the authority on January 5 and accepted that the delay had happened at their level, said an order by MahaRERA Member Vijay Satbir Singh. It was clear that project was delayed due to delay in environmental clearance.   “Considering the disruption in construction work for a period of more than a year and other constraints, it is reasonable to extend the date of possession by a year and half to calculate the promoter’s contractual liability under Section 18 of RERA. The promoter is, therefore, liable to pay interest to the allottees from July 1, 2017,” Singh observed in his nine-page order. For More Visit: www.rerafiling.com