Is Allotee under allotment letter mentioned as “Investor” is real investor to be treated as Co-promoters?

By Dr Sanjay Chaturvedi, LLB, PhD  Mr. Ketan Gagra V/s JVPD Properties Pvt. Ltd (CC006000000001312) Order Dated: 11th April 2018 The complainants have filed these complaints under SecfLon7,72 & 14 of the Real Estate (Regulation and Development) Act, 2015 (RERA) to claim refund of ttteir amount from the respondents with interest. The

Land Cost cannot be withdrawn from Escrow in RERA Registered Projects upfront

By Dr Sanjay Chaturvedi, LLB, PhD The land cost is one of the major component in any real estate project. This needs to be invested first along with all permissible permissions which includes sanction plans, Environmental permissions, Commencement Certificates, Fire and Traffic NOC, Civil aviation NOC and TDR. It is common connotation that whatever invested or spent

Maha govt sets up tribunal against MahaRERA

By Accommodation Times Bureau MUMBAI The housing department released a notification on 28th informing that the government of Maharashtra has set up a tribunal to hear an appeal against the rulings of Maharashtra Real Estate Regulatory Authority (MahaRERA). Maharashtra Revenue Tribunal located in Mumbai has designated the responsibility by the government. This Tribunal formed

How to complain against Builder under RERA

By Dr Sanjay Chaturvedi, LLB, PhD RERA – The Real Estate Regulatory and Development Act 2016 came into force on the 1st of May 2017. With the aim to regulate the sector and bring clarity in the real estate market and the act is a key reform measure in the vast

All provisions of RERA notified

By Accommodation Times Bureau On 19th April, remaining sections of Real Estate ( Regulation and development) Act 2016 was notified wide no S.O. 1216(E) by Ministry of Housing and Poverty Alleviation. Sections Section 3 to 19,  Section 40, Section 59 to 70,  Section 79 to 80 were notified. Which means all provisions of RERA

Present buildings without OC can approach RERA Authority

By Dr Sanjay Chaturvedi, LLB, PhD In an exclusive interview with Accommodation Times Maharashtra RERA Authority Shri Gautam Chaterjee suggested solutions to perceptual problem of non OC buildings in cities in Maharashtra. Hundreds and thousands of buildings have not got OC in Maharashtra. Builders are not willing to bring OC or

Accommodation Times successfully hosts lecture on ‘RERA REGISTRATION PROCESS FOR BROKERS’

Accommodation Times News Service Once again Accommodation Times organized a highly interactive and thorough knowledgeable free seminar on ‘RERA REGISTRATION PROCESS FOR BROKERS’ on Friday, December 23, 2016. The event was sponsored by Platinum Corp. Realty expert, Dr. Sanjay Chaturvedi was the main speaker. The gathering was a grand success with over

Industry speak: Reaction to Maharashtra RERA draft rules and regulations

Accommodation Times News Service Maharashtra has notified the rules for Real Estate (Regulation and Development) Act, 2016. The draft is open to question and suggestions till 23rd December, 2016 either through email or in post, which may be received by the Principal Secretary, Housing Department, Mantralaya, Mumbai 400 032.  Maharashtra becomes

Maharashtra publishes RERA draft, grants mild repose to developers

Mumbai contruction

In what can be termed as good news for the homebuyers, the Maharashtra government on Thursday has put forward its draft for RERA rules. The draft is open to question and suggestions till 23rd December, 2016 either through email “suggesstionsonrera@maharashtra.gov.in”, or in post, which may be received by the Principal