RERA Bihar issues notices to 40 developers in the state

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What about complaints on projects not under RERA? Asked Bombay HC The Bombay High Court on Monday asked the state to explain what regulatory mechanism it proposes to ensure that complaints from buyers in unregistered real estate projects are adjudicated. The high court directed the state to file its reply to a petition that has challenged lack of a policy to deal with conflicts that arise between buyers and builders in cases where developers have not registered their projects under the Real estate Regulation and Development Act of 2016.  FOR MORE VISIT:  www.rerafiling.com
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Leased vs. Purchased vs. Co-Working Office Spaces

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All the businesses whether they are growing, small businesses or start-ups may someday come up with the question of leasing versus buying versus co-working office space. As everything has pros and cons, this question has many pros and cons and a small business owner needs to carefully look at the pros and cons of leasing or buying or co-working office space. To make your decision easier, here are few key facts of leasing versus buying office versus co-working space:- The Pros of Buying Office Space 1) Fixed Costs:  Fixing in your commercial long-term debt can give your business clear, fixed costs. You don’t have to give the rent as per the decided terms whatsoever. It will be a onetime investment. 2) Tax Deductions : The costs of owning and running an office space can provide tax reductions in the form of debt interest, property taxes and other items. 3) Additional Source of Income : Renting out extra office space from your office can offer the advantage of another so...
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Projects registering in September to pay minimum Rs 2 lakh penalty in Maharashtra!

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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
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