Bombay High Court says RERA provisions would apply to long-term lease agreement

By Accommodation Times Bureau MUMBAI The Bombay High Court on August 8 while giving a landmark judgment it said cases of a long-term lease agreement and compensation complaints can be heard by Maha RERA. An appeal was filed by the Lavasa Corporation, which is constructing a township project around Pune. The single bench

Builder defaults mortgage loan, stucks homebuyer in agreement for sale

The Complainants have stated in their Complaints that the builder has already handed over Possession of the row house without executing a registered agreement for sale By Rohit Sharma MUMBAI The Maharashtra Real Estate Regulatory Authority (Maha RERA) on July 31, 2018, directed Ramnath Developers Pvt. Ltd. to execute and register the agreement

HA-RERA to complete unfinished project, seals bank acc of builder

By Accommodation Times Bureau CHANDIGARH Haryana Real Estate Regulatory Authority, (HA-RERA) Gurugram has decided to give relief to flat buyers by completing the unfinished real estate project called Greenopolis in Sector-89 of Gurugram under its supervision.  However, all the bank accounts of Orris Infrastructure and 3-C- Shelter Infrastructure have been sealed by HA-RERA. This was informed by

Punjab govt gives nod for regularisation of unauthorised colonies

By Accommodation Times Bureau CHANDIGARH With a view to curbing the growth of unplanned and haphazard constructions across the state, the Cabinet on Monday cleared a policy for regularization of unauthorized colonies and plots/buildings falling in unauthorized colonies, official spokespersons said. The policy covers colonies developed before March 19, 2018, according to an

Maha RERA secretary to execute Agreement for Sale on behalf of Defaulted Builder

By Rohit Sharma MUMBAI Maharashtra Real Estate Regulatory Authority (Maha RERA) recently passed a landmark order in which it directed Secretary of Maha RERA to execute and register the agreement of sale on behalf of the respondents at the cost of the complainant. On May 31, 2018, while hearing complaint B.D. Kapadnis, Adjudicating