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Rera Filing

RERA Bihar freeze the bank account of the builder

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September 06, 2018

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.

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Leased vs. Purchased vs. Co-Working Office Spaces

November 09, 2017

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...

Consumer Organization entreat CM for appellate tribunal

December 31, 2017

The Akhil Bhartiya Grahak Panchayat, a consumer organization has urging the CM, Devendra Fadnavis in written to form an appellate tribunal for handling the RERA cases. The Organization has stated, the buyers and builders have to take their cases in High Court. Mr.Vijay Sagar, the president of the Organization said, the absence of appellate tribunal causing inconvenience to buyers. For admitting the case they have to pay higher charges and also have to face a delay in the hearing. “The citizen has to approach HC for appealing their case, they have to struggle for their rights,” he said. It has been seven months after implementing the RERA, but yet there is no establishment of the appellate tribunal for the citizens. It would be helpful to citizens to as soon implement the appellate tribunal for address the RERA cases, stated in a letter. For More Visit: www.rerafiling.com