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

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,

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

RERA gives another chance to promoters for registration

By Accommodation Times Bureau Real Estate Regulatory Authority (RERA), Punjab has decided to give one more chance to those promoters who have not applied for registration of their projects till the last date i.e. December 31, 2017, to submit their applications for registration of their projects. The authority calls upon all promoters

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

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