TN:Create RERA-like rent authority under act

By Accommodation Times Bureau The government on Friday introduced in the assembly a bill to promulgate the Tamil Nadu Regulation of Right and Responsibilities of Landlords and Tenants Act, 2017. Under the act, the government proposes to to create a rent authority, a court and tribunal to deal with rent-related issues and

Maharashtra RERA ensured transparency, but impacted launches

By Accommodation Times Bureau The approval of Real Estate Regulation and Development Act (RERA), by the Modi Government, although, conducted us in a new era of transparency in real estate sector. But as previously expected, the number of launches dropped lower in Q1 2017 by 24%. Showing the number of launches 4,900

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

ATIREM conducted educative lecture on RERA clarifying facts and doubts

By Accommodation Times News Services Accommodation Times Institute of Real Estate Management organised another successful seminar on the latest and much talked topic of real estate industry, Real Estate (Regulation and Development) Act, 2016. Recently, RERA was passed by government and enforced to protect the interests of consumers and promoting the

Maha RERA penalises Disha Direct Rs 5 lakh for causing mental torture to homebuyer

By Rohit Sharma MUMBAI: Maharashtra Real Estate Regulatory Authority (Maha RERA) ordered Disha Direct to refund money to two home buyers, one with Rs 5 lakh and another with Rs 50,000 compensation. In a recent judgement where B.D.Kapadnis, Member & Adjudicating Officer, MahaRERA was hearing the case of aged home buyer in