Bihar RERA to take help of Housing Authority for survey of projects

By Accommodation Times Bureau PATNA Hunting for exact data of ongoing building construction projects, the Real Estate Regulatory Authority (RERA) of Bihar will approach Housing Department, State Urban Development and DMs for assistance in carrying out a survey for the data. RERA-Bihar chairman Afzal Amanullah said in a press conference that, “The purpose

MahaRERA grants registration to over 16,290 promoters

By Rohit Sharma MUMBAI Maharashtra Real Estate Regulatory Authority (MahaRERA) has received over 16,410 applications of promoters for registering with state regulator and more than 14,300 applications of agents for the same. Recently, the regulator has added a new feature to the website, which is daily statistic page where every day the number

MahaRERA: ‘A vision that has come true’ says Puri

By Accommodation Times Bureau MUMBAI The Housing Minister, Hardeep Puri on Tuesday, at MahaRERA Conciliation Forum, an event held on the occasion of the first anniversary of MahaRERA said that it is reassuring to see representatives of both the consumer & builder forum all gathered in one place, beginning to look at

GujRERA extends deadline for project quarterly returns

By Accommodation Times Bureau GUJARAT The Gujarat Real Estate Regulatory Authority (GujRERA) has extended the last date for the submission of Quarterly Returns for the quarter ending with compliance date as  April 7 to April 21, an official of Gujarat RERA said. Dr. Manjula Subramaniam, Chairperson of Gujarat RERA said, “Promoters are required

Land Cost cannot be withdrawn from Escrow in RERA Registered Projects upfront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

MahaRERA protects homebuyer from Nirmal Lifestyle Kalyan Pvt Ltd

As per the data on MahaRERA website, more than 5 cases have been heard till now and some are still under process.  By Rohit R. Sharma rohit@accommodationtimes.com MUMBAI: After the complaint filed with Maharashtra Real Estate Regulatory Authority (MahaRERA), realty firm Nirmal Lifestyle (Kalyan) Pvt. Ltd. on Tuesday directed to pay an interest

Haryana RERA to estimate 2,000 Cr from default developers

By Accommodation Times Bureau HARYANA Haryana Real Estate Regulatory Authority (H-RERA) is on a recovery mission. According to sources, the real estate watchdog has recovered almost Rs. 1,170 crore from the defaulting developers as on October 31st, 2017. The officials are reckoning that the amount will go up to Rs. 2,000 crore

UP and MP Real Estate Agents has to pay Rs2,50,000/- license fees

By Accommodation Times Bureau Every state government will impose license fees on Real Estate Agents and Brokers. Every broker or agent needs to procure license from state authority in which he will practice. Uttar Pradesh and Madhya Paradesh RERA Rules have asked License fees from Real Estate Agents Rs25,000/- fro individual

Real Estate Agents have to pay License fees of Rs 50,000/- in Karnataka

By Accommodation Times Bureau The real estate agent shall pay a registration fee at the time of application for registration by way of a demand draft drawn on any scheduled bank or a co-operative Bank as detailed below namely:- (a) within the jurisdiction of the Bangalore Metropolitan Region Development Authority, rupees fifty thousand in case