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RERA Bihar issues notices to 40 developers in the state

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June 08, 2018

RERA Bihar has issued notices to promoters who are advertising their ongoing projects without getting unrolled in RERA. A RERA Bihar official stated that the notices were served on the builders and promoters following complaints by customers. “There are few builders who duped the customers and are working on more than 20 projects at a time without registering them with RERA. RERA members will decide the quantum of fine to be imposed on them,” he said. RERA Bihar member Rajiva Bhushan Sinha said people may take note that the promoters and developers of these projects are not authorized to sell any space in the project under Section 3 of RERA Act, 2016 as all promoters ought to have got registered their projects on or before April 30.

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RERA Karnataka to appoint private entity to find out unregistered projects in the state

March 31, 2018

KRERA is planning to appoint a private entity to identify unregistered project in the State. The private entity firm will find out the ongoing projects and new launches which are not registered in RERA yet. KRERA has issued tenders for invitation of application for appointment of consultancy. The private entity will be submitting a detailed report to the authority by conducting ground level survey for identification of unregistered projects. “We are planning to execute the project on a trial basis for a month,” said P Sunil Kumar, secretary, RERA. RERA was using the plan sanction certificates issued by BBMP as preliminary information and was planning to send the surveyor to the address for physical verification. “We will scale up the project with more effective tools and expand it to the rest of Karnataka gradually,” said Kumar. For More Visit: www.rerafiling.com

RERA fee structure for Promoters of Maharashtra.

August 21, 2017

The Maharashtra RERA Authority, MahaRERA, has been the most active RERA Authorities among all. MahaRERA has been aligned with all the rules and regulations of the Real Estate (Regulation and Development) Act and has kept up with the all the necessities. Also due to the fine performance of the authority, MahaRERA has been made responsible forconducting operations of Dadra and Nagar Haveli, and Daman and Diu as well. The required details for these territories have also been mentioned on the authority’s website. The fee structure for promoters in the state of Maharashtra according to RERA is as follows : The promoter shall pay a registration fee : Calculated on the area of the land proposed to be developed at the rate of RS. 10 per sq.m, subject to a minimum of Rs.50,000 only and a maximum of Rs.10 lacs. The deadline for registrations of the project was 31st July 2017, which was not extended by the authority, unlike the other stat...

Every state to frame their RERA rules in sync with the Act: Centre

June 12, 2017

Every state to frame their RERA rules in sync with the Act: Centre Ministry officials say that “We have appealed to every state to frame their rules in sync with the Act and they can follow the rules that the ministry has notified for UTs without legislatures. The Act clearly defined terms such as carpet area, flats, ongoing project, and disclosures to be submitted by builders, and specified penalty for offenses by builders. The states should stay away from defining them further to avoid confusion, interpretational difficulties and litigation.” For more information visit to our website