Homebuyers’ body demands setting up of Rera Monitoring Committee

Homebuyers Demand RERA Monitoring Committee (RMC)

The Forum for People’s Collective Efforts (FPCE) has urged the housing ministry to establish a RERA Monitoring Committee to ensure real estate regulators effectively enforce the RERA Act. The FPCE claims several projects remain unregistered and are facing significant delays despite legal obligations. They recommend an independent body of homebuyers and experts, excluding developers, to monitor deviations and improve accountability.

#RERAUpdate #HomeBuyersRights #RERAMonitoring #RealEstate

Source: https://timesofindia.indiatimes.com/business/india-business/homebuyers-body-demands-setting-up-of-rera-monitoring-committee/amp_articleshow/103231425.cms

Gurgaon RERA To Verify Consent In Case Of Building Plans Change

Gurugram RERA to Verify Consent for Building Plan Changes

In a new move, Gurugram RERA will now verify the consent of two-thirds of allottees before allowing any layout or building plan changes in real estate projects. This step ensures that homebuyers’ rights are protected under the *RERA Act*. Any objections will be addressed, and cases will be decided on merit, safeguarding the interests of all stakeholders.

For home inspection services, call +91 8584 855 470

#RERAUpdate #GurgaonRealEstate #HomeBuyersRights #BuildingPlans #MACJ

Source: https://www.rprealtyplus.com/news-views/gurgaon-rera-to-verify-consent-in-case-of-building-plans-change-116702.html

Haryana RERA To Check Consent For Layout Changes Submitted By Developers

𝐇𝐚𝐫𝐲𝐚𝐧𝐚 𝐑𝐄𝐑𝐀 𝐭𝐨 𝐕𝐞𝐫𝐢𝐟𝐲 𝐂𝐨𝐧𝐬𝐞𝐧𝐭 𝐟𝐨𝐫 𝐋𝐚𝐲𝐨𝐮𝐭 𝐂𝐡𝐚𝐧𝐠𝐞𝐬 𝐒𝐮𝐛𝐦𝐢𝐭𝐭𝐞𝐝 𝐛𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐫𝐬

Haryana RERA has taken a significant step to protect homebuyers by ensuring the authenticity of the two-thirds consent required for any changes to layouts or building plans. Developers must obtain written consent from at least two-thirds of allottees before making revisions, as mandated by the Real Estate (Regulation and Development) Act of 2016.

This proactive move helps safeguard the rights of homebuyers and ensures transparency in the development process. Before any alterations are approved, the authority will now verify the consent provided by allottees to maintain the integrity of the process.

Key Points:

Developers must have written consent from two-thirds of allottees for layout or building plan changes.
Haryana RERA will now verify this consent to prevent future disputes.
This step ensures smoother project development and protects homebuyers’ interests.
For more information, stay tuned!

#HaryanaRERA #RealEstate #Homebuyers #PropertyDevelopment #Transparency #RERAAct #BuildingPlans #ProtectHomebuyers

Source: https://realty.economictimes.indiatimes.com/news/rera/haryana-rera-to-check-consent-for-layout-changes-submitted-by-developers/113210972

Supreme Court Holds Landowners Liable Along With Builder For Deficiencies In Flat Constructions

Supreme Court Ruling: A Landmark Win for Homebuyers’ Rights!

The Supreme Court has issued a significant ruling, ensuring that both builders and landowners are now held accountable for construction defects in flats. This is a major victory for homebuyers, providing them with greater protection and assurance that landowners cannot evade their responsibilities, even if there’s a cancellation of Power of Attorney between them and the builders.

What Does This Mean for You?

– Your rights as a homeowner are now strengthened.
– Landowners and builders are both responsible for the quality of construction.
– Greater confidence in your property investments.

#SupremeCourtRuling #HomebuyersRights #LandmarkJudgement #HomeInspection #MACJ #ProtectYourHome #PropertyCare #FlatConstruction #Accountability #BuilderResponsibility #RERA #MahaRERA #KRERA

Source: https://www.livelaw.in/amp/top-stories/supreme-court-holds-landowners-liable-along-with-builder-for-deficiencies-in-flat-constructions-268714

Homebuyers’ Body Seeks Housing Ministry’s Intervention Over RERA Conciliation Forum

Homebuyers’ Association Calls for RERA Conciliation Forum Reforms

The Forum for People’s Collective Efforts (FPCE) has urged the Ministry of Housing & Urban Affairs (MoHUA) to intervene in the functioning of RERA conciliation forums, citing concerns of bias towards developers, especially in Maharashtra. The FPCE demands new guidelines to ensure transparency, suspension of current forums, and a cooling-off period for RERA officials before joining real estate firms.

#RERAUpdate #HomeBuyersRights #TransparencyInRealEstate #FPCE

Source: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/homebuyers-body-seeks-housing-ministrys-intervention-over-rera-conciliation-forum/articleshow/112784409.cms?from=mdr

Notify Norms On Project Closure, Home Buyers Urge K-RERA Chief

K-RERA Update: Home Buyers Demand Project Closure Norms

The Karnataka Home Buyers Forum (KHBF) has urged RERA Karnataka to issue a notification mandating builders to formally close projects by transferring property titles and forming resident associations. Non-compliance with deadlines and withholding of escrow funds are causing economic stress to home buyers. KHBF references Odisha’s RERA practices as a model to follow in Karnataka.

For home inspection services, call +91 8584 855 470

#RERAUpdate #HomeBuyersAlert #ProjectClosure #PropertySafety

Source: https://timesofindia.indiatimes.com/city/bengaluru/notify-norms-on-project-closurehome-buyers-urge-k-rera-chief/articleshow/113066498.cms

MahaRERA Makes It Mandatory For Real Estate Developers To Mention Delivery Date Of Amenities And Occupation Certificate

MahaRERA Mandates Developers to Specify Delivery Dates for Amenities & Occupation Certificates

MahaRERA has taken a significant step to protect homebuyers by making it mandatory for real estate developers to clearly state the exact date by which facilities and amenities will be delivered, along with the expected date of obtaining the Occupation Certificate (OC).

#MahaRERA #RealEstateReforms #HomebuyerProtection #OccupationCertificate #RealEstateNews #MahaRERAUpdates #BuyerFirst #RealEstateTransparency

Source: https://www.hindustantimes.com/real-estate/maharera-makes-it-mandatory-for-real-estate-developers-to-mention-delivery-date-of-amenities-and-occupation-certificate-101722425501541.html

MahaRERA To Hold Fifth Exam For 5,260 Real Estate Agents In Maharashtra To Protect Home Buyers’ Interests

MahaRERA To Hold Fifth Exam For 5,260 Real Estate Agents In Maharashtra To Protect Home Buyers’ Interests
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Exciting news for the real estate community! MahaRERA is set to conduct the fifth competency exam for 5,260 real estate agents, ensuring they meet the high standards required to protect homebuyers’ interests.

Source: https://www.hindustantimes.com/real-estate/maharera-to-hold-fifth-exam-for-5-260-real-estate-agents-in-maharashtra-to-protect-home-buyers-interests-101721802816576.html

Promoters Must Publish Project QR Codes In Every Brochure & Advertisement: UP-RERA

Promoters Must Publish Project QR Codes In Every Brochure & Advertisement: UP-RERA
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UP-RERA has now assigned a unique QR code to every new project being registered and to every project with a live or valid registration.
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Buyers can now scan these QR codes to access complete and accurate project details directly from the UP-RERA portal, ensuring transparency and trust.
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Sanjay Bhoosreddy, Chairman, UP-RERA, stated:
“To ensure that consumers get complete and correct information about the project and the promoter, we have assigned unique QR codes to projects. It is now mandatory for promoters to include these QR codes in all documents shared with allottees and in all promotional materials.”
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Key Benefits for Buyers:
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Easy verification of project details.
Access to land documents, approved layouts, project specifications, and more.
Transparent information on project progress and legal compliances.
Stay Informed and Make Confident Decisions!
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Source: https://realty.economictimes.indiatimes.com/news/rera/promoters-must-publish-project-qr-codes-in-every-brochure-advertisement-up-rera/111851611

MahaRERA To Soon Announce Real Estate Project Grading Details

MahaRERA To Soon Announce Real Estate Project Grading Details
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The Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to release details of real estate project grading within a month. Using AI tools, the grading will be based on technical, financial, legal details, and project overview.
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‘Norms on what basis we will grade real estate projects are ready. We had put out a discussion paper for grading and we have already received suggestions and objections for the same, which have also been incorporated,” said Ajoy Mehta, chairman of MahaRERA. The new AI-based system for grading will be operational within 15 to 20 days, with the first grading period starting October 1, 2023, to March 31, 2024.
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Stay tuned for the RERA update to know more.
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#RERA #MahaRERA #ProjectGrading

Source: https://www.rprealtyplus.com/news-views/maharera-to-soon-announce-real-estate-project-grading-details-115971.html