RERA Act envisages provision to issue Recovery warrants in case builder/developer fails to comply with RERA Authority orders. Sec 40 of the RERA Act provided for Recovery of Interest or penalty or compensation and enforcement of order in Real Estate (Regulation and Development ) Act 2016. Sec 40 (1) enables RERA Authority to recover amount … Read more
Settled- Getting completion certificate after coming in of RERA rules doesn’t mean that you are exempted. Controversy– In a major blow to developer raising questions of maintainability of complaint before RERA Authority on grounds of getting completion certificate after coming in of provisions of RERA rules, authority held complaint is maintainable and project is under the … Read more
Compliance of RERA Authority’s orders and its statutory obligation is a must under the RERA Act. Defiance of orders of Panchkula-RERA authority has caused builder Parasvnath fined with Rs 5 lakh for non-compliance. Also see- RERA OR CONSUMER FORUM? The Haryana RERA Authority as per act asked builder Parasvnath to maintain an escrow account to manage … Read more
Haryana is still sleeping over Real Estate (Regulation and Development) Act, 2016. The sluggish attitude of government can be seen from the view that even website of H-RERA has not taken off. H-RERA is running in a makeshift mode presently. Under the act state government can make more than one authority if it deems fit. Currently, … Read more
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