Showing results for "#RERA"
When RERA falls short, legal recourse options to follow
Housing project delays are perpetually under a tainted spotlight and the country’s top judiciary, including Supreme Court and consumer courts,...
RERA issues recovery warrant as promoter fails to pay compensation
29 Nov 2020 5:34 AM ISTCracking down on a real estate promoter who failed to pay the compensation to an aggrieved home buyer, the Tamil Nadu Real Estate Regulatory Authority...
Builder delays completion, RERA directs repayment of homebuyers’ bank...
9 Aug 2021 3:41 AM ISTThe Tamil Nadu Real Estate Regulatory Authority directed a builder to repay the bank loan availed by homebuyers to purchase an apartment due to a...
Agreement not mandatory to file complaint in RERA
23 Sept 2021 3:14 AM ISTOrdering a promoter to refund the amount collected from a customer, the Tamil Nadu Real Estate Regulatory Authority (TNRERA) held that the privity of...
If work delayed, homebuyers can’t be blamed for late payment: RERA
25 Sept 2021 4:38 AM ISTHomebuyers could not be blamed for not adhering to the payment schedule when the project itself was delayed, the Tamil Nadu Real Estate Regulatory...
Developer challenges RERA penalty, Tribunal asks it to pay double
29 Oct 2021 4:41 AM ISTDisposing of an appeal filed by a promoter, the Tamil Nadu Real Estate Appellate Tribunal (TNREAT) doubled the penalty against a promoter for failing...
Name on selection list not final: Madras High Court
17 Nov 2021 6:16 AM ISTThe Madras High Court has held that upon an appointment order being issued, the selection list would become exhausted and no person could claim the...
Realty expo ‘Fairpro’ to kick-off on March 4
26 Feb 2022 12:45 AM ISTComing after a two-year break, the exhibition is perceived as a big opportunity to spur customers to take buying decisions.