Rera Filing

Telangana seems to lag behind other states like Maharashtra, Uttar Pradesh, Gujarat and Karnataka in RERA adoption. Though the state notified the rules a year back, still the RERA portal is not operational yet. According to the Municipal Administration and Urban Development department principal secretary, Arvind Kumar RERA website will be functional from 01 September 2018. Trial runs of the same are being carried out by the authority. For more visit: www.rerafiling.com

n recent order by RERA Bihar, authority puts on hold the bank account of a Patna Based developer for giving false replies to show cause notice issued the builder. The show cause notice was issued for non-registration of  ongoing  project. The builder is further banned from taking the booking of any plot or apartment in the project at Shivala Mor on Dinapur Bihta Road. RERA Bihar  chairman Afzal Amanullah have taken this stringent action on the basis of Section 36 of RERA act. For more visit: www.rerafiling.com 

Following the verdict by Bombay High Court on July 31,  MahaRERA  will entertain the complaints filed by the consumers against unregistered real estate projects. According to the sources, consumers can take the benefit of this facility from August 16 after paying a fee of Rs. 5,000. According to section 3 of the Real Estate (Regulation & Development) Act, the authority is bound to hear the plea of aggrieved consumers against a realty project whether it is RERA registered or not. While talking to reporters, MahaRERA secretary Vasant Prabhu said, “We have already uploaded a form under the source information category and would enable the payment facility for those desiring a hearing for their complaints from August 16”. For more visit: www.rerafiling.com

In a recent judgment, Bombay high court dismissed three appeals filed by Lavasa Corporation against orders passed by Maharashtra real estate appellate tribunal which has entertained the complaints by three persons who had booked apartments developed by Lavasa Corporation through 'agreements to lease'. As per the tribunal, the complaints can be heard by  MahaRERA  under section 18 of the Maharashtra Real Estate (Regulation & Development) Act wherein the rules direct the builders to provide interest for delay in giving possession in terms of ‘agreement for sale’. During the hearing, counsel Raj Patel and Kaustav Talukdar who were defending Lavasa asked “ Is the provisions of RERA apply in case of 'agreement to lease', whereas the definition of 'promotor' under RERA  includes 'lessor', and is the remedy provided under section 18 can be against a lessor too?” Also Read -  Local authorities to submit the report on unregistered projects to MAHARERA

A notification was published by the Uttar Pradesh government on Saturday regarding the appointment of  UP RERA  Chairman. Taking a step forward to ease the working of Uttar Pradesh Real Estate Regulatory Authority (UP RERA) the state government has appointed Rajive Kumar, former chief secretary as the permanent Chairman of UP RERA replacing Nitin Ramesh Gokarn, principal secretary – housing who was appointed as the interim Chairman.  Along with appointing the permanent Chairman of RERA, the state government also appointed Bhanu Pratap Singh, Balvinder Kumar and Kalpana Mishra as members of RERA UP. For More Visit: www.rerafiling.com

Even though most of the states have implemented rules for the   Real Estate (Regulation & Development) Act   aka RERA, the West Bengal government seems in no mood to implement this realty rules which is aimed to streamline the real estate sector. According to the sources, a home buyer association has recently appealed West Bengal CM Mamata Banerjee to revoke the West Bengal Housing Industry Regulation Act (WBHIRA) and implement the undiluted Real Estate (Regulation & Development) Act that was passed by the Central government in 2016. For More Visit: www.rerafiling.com

Aiming to save the interests of home buyers in the state, the website for  RERA Telangana   is will become operational from 1st September 2018, confirmed, Arvind Kumar, MA&UD principal secretary. According to his latest statement, “While the RERA office is being readied at AC Guards, trial runs of the portal are being run for past few weeks. The port al will become operational from September 1", home buyers in Telangana can get assured of not being fooled by errant developers. To develop and maintain the website, Telangana government is taking help of Mahaonline Ltd which is a joint venture of the government of Maharashtra and Tata Consultancy Services, he added. For more visit: www.rerafiling.com

Replying to a query in Lok Sabha over maintaining information related to real estate projects in any States or Union Territories, Minister of State for Housing and Urban Affairs, Hardeep Singh Puri said, “The Ministry does not maintain information about various housing projects of any state or UT. As per provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA), the concerned state is required to publish and maintain a website of records for public viewing of relevant details." RERA  was implemented by the Indian government in 2016 to streamline the way of doing business in the real estate sector. According to the RERA rules, developers should register their real estate projects with the Real Estate Regulatory Authority of the state where the project is being developed whereas the RERA rules direct real estate agents to register themselves in order to carry out any business in the said sector. For More visit: www.rerafiling.com 

The  Bihar Real Estate Regulatory Authority   has sent notices to 16 errant realty developers for not complying with Section 3 of the Real Estate (Regulation & Development) Act 2016. According to Rajiva Bhushan Sinha, Member, Bihar RERA, the authority has issued notices to real estate developers advertising their ongoing projects, entering into an agreement with customers, accepting advance money from them and completing the projects hastily without registering them with the RERA.   Also Read - RERA Bihar – Builders must display project details at the construction sites This is a violation of section 3 of the RERA rules thus the authority has asked the defaulting builders to register their projects with RERA with a late fee of Rs 4 lakh or 400% of the registration fee, whichever is higher before July 31, 2018, he added. For more visit: www.rerafiling.com

Telangana government is all set to implement the rules for Real Estate (Regulation & Development) Act in the state. The construction work for setting the office for the Telangana Real Estate Regulatory Authority at AC Guards in Hyderabad is nearing completion. According to the sources, the government will appoint senior officials and realty experts as  permanent regulatory authority and   RERA   members respectively before implementing full-fledged RERA rules. As of now the Revenue Department has developed a beta version of  Telangana RERA   website and will soon launch the operational one which will ease the process of RERA registration of projects & agents and  filing  online complaints. For more visit: www.rerafiling.com

Haryana Real Estate Regulatory Authority has warned the builders of strict actions if they fail to fulfill the promise made to home buyers. While addressing an interactive session with the members of industry body PHDCCI,   Haryana RERA   chairman, K K Khandelwal said that the builders can stay away from the RERA defaulters’ list only when they fulfill all the promises made to the buyers in their brochures. Appreciating the introduction of RERA, PHDCCI President Anil Khaitan said that this reform will change the face of realty sector and the real estate market will reach record breaking heights in the nearest future.  For more visit: www.rerafiling.com

The Bihar Real Estate Regulatory has uploaded a notice on the official website of  Bihar RERA   directing all the real estate builders to display certain details related to the project at the site of construction. According to the notice, the promoters/developers/builders of all real estate projects be it residential, commercial, mixed or plotted development, shall display name of the project name of the promoter/developer/builder of the project, RERA registration number or the application number through which application for   registration  has been submitted to the authority (if RERA registration is not yet done), website address of RERA Bihar, names of the registered real estate agent along with their RERA registration number ( company or individuals), the date of commencement of the project and proposed date of completion of the project, prominently at the sites of construction of the Project  on a large notice board/hoarding having minimum size of 6 by 6 feet. The notice fur

Karnataka Urban development and housing department have issued notices to the developers of real estate projects which are not registered with  Karnataka Real Estate Regulatory Authority  (RERA).  According to Karnataka Urban development and housing minister U T  Khader , the government is planning to blacklist the projects of those developers who have not given satisfactory reply for the notice issued to them. RERA has received a total of 572 complaints against realtors for violating RERA rules, of which 221 are disposed of, he added. For more visit: www.rerafiling.com

Clarifying the doubt over the purview of RERA, KK Khandelwal, Chairman of Haryana RERA’s Gurugram bench said that irrespective of the date of completion and issuance of completion certificate before 1st May 2017, the Real Estate (Regulation & Development) Act applies to all realty projects. In other words, an aggrieved real estate buyer can approach  Haryana RERA   with complaints related to old projects too. Earlier, developers of projects which have got completion certificate before 1st May 2017 were given clean chit by the regulatory authority as the rules mentioned that such projects will not come under the radar of RERA. For more visit: www.rerafling.com

In order to prohibit builders to pass on the ownership to the buyers by registering the incomplete projects with the registration department, Bihar Real Estate Regulatory Authority (RERA) has asked the state registration department not to register any ongoing projects without RERA registration number. According to Afzal Amanullah,  Bihar RERA   Chairman “The registration of incomplete flats or apartments put the real estate buyers in a very disadvantaged position as the developers refuse to complete their obligations once the registration was done. Therefore, we have requested the registration department not to register incomplete projects and the projects which don’t have RERA number.” July 31 st , 2018 is the last date to register ongoing projects with RERA Bihar with a late fee of Rs. 4 lakh or 400% of the registration fee, whichever is higher. For more visit: www.rerafiling.com

From 1st August, aggrieved real estate buyers can file and track the status of their complaints with Maharashtra Real Estate Regulatory Authority (MahaRERA) right on its official website. The decision to digitize RERA complaint filing and tracking was taken after several meetings between RERA authority and relevant stakeholders. Furthermore, complainants are not required to submit the hard copies of the documents required for filing complaints. Instead, they can upload the same on the website itself. Also, the 60-day time frame of redressal of the complaint will commence the moment a complainant registers the complaint on the website and uploads the required documents.  According to MahaRERA secretary Vasant Prabhu, the complaints against unregistered projects can also be filed and tracked by visiting MahaRERA website after verifying complainant’s mobile number. Also, the notices will now be sent to the builders’ mobile number registered with MahaRERA. These changes are carrie

The real estate regulatory body of Goa has issued show cause notice to two developers for promoting their project without RERA Registration number. The action has been taken on a complaint filed by Kashinath shetye against the builder. The notice stated that “if no reply is received within the stipulated time or reply given is not satisfactory action as deemed fit as per the provisions of the act will be initiated against you. For more visit: www.rerafiling.com

HDFC ERGO launched its first ever title insurance policies on Tuesday making them India’s first Title Insurance Policies. Title insurance refers to insurance for the title of a real estate property and is mandatory according to the Real Estate (Regulation and Development) Act 2016, or RERA. This specialty insurance product provides indemnity to property developers and the subsequent owners of the property against losses and risks related to defects in property title arising out of third party challenges not discovered before the commencement date of the policy. For more visit: www.rerafiling.com