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

Investors are Promoters!

By Dr Sanjay Chaturvedi, LLB, PhD Mahesh Pariani V/s Monarch Solitaire LLP (CC006000000000789) Order 16th Oct 2017 by Maha RERA The Complainant has invested some amount in the residential Project known as Monarch Solitaire' and reserved four apartments in the said Project in 2014. The said Project is registered under Maha RERA

Karnataka RERA issues 477 notices to promoters so far

By Rohit Sharma KARNATAKA Karnataka Real Estate Regulatory Authority has issued 477 notices to those promoters whose projects are not registered with the regulator and are under investigation. According to the official website of Karnataka RERA, “Till now, 447 projects are under investigation and more projects may be added or deleted based on

Co-Promoters are now Promoters under Maharashtra RERA

By Accommodation Times Bureau Mumbai 4th Dec 017: Maharashtra Real Estate Regulatory Authority has converted all Co-promoters into Promoters ( Land Owners/ Investors) . In its circular 13/2017 dated 4th Dec 2017, the Authority said "Wrhereas, for the case of filing online registration application and for the benefit of consumer it