Telangana Govt to study Maha, Karnataka models for RERA Act implementation

By Accommodation Times Bureau HYDERABAD The Telangana government has issued the order stating that, to study the procedure being followed by Karnataka and Maharashtra for execution of Real Estate (Regulation and Development) Act it has constituted an expert committee for it. An official release on Monday said,  Arvind Kumar, Principal Secretary, Municipal Administration

MahaRERA appoints 2 Adjudicating Officers on its Panel

By Accommodation Times Bureau MUMBAI The Government on Tuesday in its vide Notification No. REA.2017IC.R.79IDNP-2 dated 1't March 2017 has constituted Maharashtra Real Estate Regulatory Authority (MahaRERA). Whereas in accordance with the provisions of Section 71 of RERA Act, 2016 for the purpose of adjudicating compensation under Section 72, 74, 78 & 19,

Rs 12 Lakh fined on Mumbai’s Kabra and Associates for advertising unregistered projects

    By Accommodation Times Bureau MUMBAI   Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Kabra and Associates to pay penalty of Rs 12 Lakh for advertising unregistered projects.   After the complaint filed by Mumbai Grahak Panchayat (MGP), The authority came into action and fined Rs 12 lakh on the firm for  violating sections 11

MahaRERA launches conciliation forum, operational from Feb 1

By Rohit R. Sharma rohit@accommodationtimes.com MUMBAI To resolve quick grievances of a home-buyer, the Maharashtra Real Estate Regulatory Authority (MahaRERA’s) 15 conciliation benches will come into effect from 1st of February. The forum has 10 Conciliation Benches set up for Mumbai Metropolitan Region (MMR) and 5 Benches for Pune Region. Each Bench will have one

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

Only one-year deadline extension to Realty projects : RERA

By Accommodation Times Bureau MUMBAI  Builders were jolted when central government had introduced a real estate regulatory law last year; a limited permissible one-year extension on completion deadline under the Act was mandatory, not discretionary. On Wednesday, Naresh Patil and R G Ketkar a Bombay high court bench of Justices asked Anil Singh

MahaRERA Chairman : Most ongoing projects in Maharashtra are registered

By Accommodation Times Bureau Mumbai The chairman, MahaRERA, Gautam Chatterjee informed that most of the ongoing real estate projects in Maharashtra have got registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA), and that’s good news. "So far, we have received total 13,400 applications for registration and of these, we have already registered 13,300 projects," Chatterjee said while addressing NAREDCO-APREA summit here.