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Rera Filing

Brochures of only RERA Registered project to be treated as legal entity

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June 08, 2018

In a recent judgement by MP RERA, it was concluded that only brochures and model flats of RERA Registered project will be treated as a legal entity under RERA. Legal action against the builder in case of failing to provide amenities can only be taken if project is registered in RERA. A D Kapaley, member of the state regulatory authority said, "In RERA there is a condition that facilities mentioned in brochures and pamphlets should be fulfilled by builder otherwise he will be bound for legal action. But amenities promised in brochures before implementation of RERA cannot be considered as legal entity or else there should be an official agreement between builder and customer." Madhya Pradesh implemented RERA on 01 May 2017.

For More Visit: www.rerafiling.com

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November 09, 2017

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Projects registering in September to pay minimum Rs 2 lakh penalty in Maharashtra!

September 11, 2017

MahaRERA on Friday issued an order regarding the conclusion of the Meeting held for deciding the penalties on applications received after 16 th August 2017 for ongoing projects. The Authority has decided to keep the penalty amount same for the project applications between 16 th August and 31 st August. However, the amount of penalty on ongoing project registrations from September onwards will be twice as much of the previous amount, i.e., Rs 2 lakhs or an amount equivalent to double the registration fee, up to Rs 10 lakhs. Around 800 ongoing project applications have been received between 16 th August and 31 st August, which will have to pay a minimum Rs 1 lakh penalty and about 54 applications of ongoing projects have been received since the beginning of September, which are required to pay double penalty. For More Details visit: RERA FILING