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

Indian Real Estate is the best asset to invest: Hiranandani

By Rohit Sharma In an exclusive interview with Dr Niranjan Hiranandani, Found & CMD, Hiranandani Communities, various aspects of Real Estate markets and development were detailed. He is also President (Nation), National Real Estate Development Council (NAREDCO), which works under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of

Pune’s residential real estate market continues to be in a state of stress: Rohit Gera

By Accommodation Times Bureau Gera Development on Wednesday presented Gera Pune Residential Realty Report for July 2018, which revealed that the steep drop in the number of new apartments being launched has led to a reduction in the total inventory under development as well as a reduction in the absolute number

Standard Operating Procedure (S 0 P) for handling complaints (Part B)

By Dr Sanjay Chaturvedi, LLB, Ph.D. PART B Source Information on projects, which ought to have been registered but have not registered For project. which ought to be registered but have not been registered. the Authority shall request information from citizens in following manner. -Citizens shall be requested to email, details of the said

Clarification on Calculation of Carpet area as defined under section 2(k) of RERA

By Dr. Sanjay Chaturvedi, LLB, Ph.D. Ref: - Section 2(k) of the Real Estate (Regulation and Development) Act, 2016 Preamble:- The government of India has enacted the Real Estate (Regulation and Development) Act, 2016 and all the sections of the Act have come into force with effect from May 1, 2017. The government

20:80 Subvention Scheme covered under Section 18 if Agreement for Sale is Executed

By Dr. Sanjay Chaturvedi, LLB, Ph.D. Naman Agarwal & Others V/s Reliance Enterprises and Dewan Housing Finance Ltd (CC006000000001788) Order dated: 28th March 2018 The complainants have filed this complaint u/s. 18 of Real Estate Regulation and Development, Act 2016 (RERA). They contend that they booked Apartment No. 904, A-Wing of Respondent

Whether the Arbitration Agreement will oust the jurisdiction of Maha RERA and whether the complaint filed by a co-purchaser is maintainable?

By Dr. Sanjay Chaturvedi, LLB, Ph.D. Ganesh Lonkar V/s D.S. Kulkarni Developers Ltd. (CC005000000000317) Order Dated: 26th December 2017. The Complainant contends that he and his wife booked a flat no. 4-602 in DSK Mayurban, situated at Pune and the respondents promised to give its possession on or before 30th June 2017.