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Central team to urge Bengal govt to switch over to RERA
Sunday, June 10, 2018, 8:48 AM
The Centre will soon send a team to urge the West Bengal government to switch over to the RERA to protect home buyers interest, an official has said. At a time when the Centre was trying to implement RERA in the country, the West Bengal Housing Industry Regulation Act, 2017, which the state has implemented on its own, is "quite disturbing", the official said.
Apartments exceeding 10 flats to be brought under Rera in Telangana
Monday, May 7, 2018, 12:49 PM
Constructions on plots exceeding 500 sq. yards and apartments exceeding 10-flats in Telangana will soon be brought under the RERA passed by the Centre in 2016, as builders must mandatorily register these projects from July-1. Though the state government notified RERA, aimed at protecting the interests of property buyers, in August-2017, the Act did not come into force owing to a lack of implementation guidelines.
1 year of RERA: Not much has changed for the homebuyer
Monday, April 30, 2018, 1:16 PM
On May 1, the Real Estate (Regulation and Development) Act, 2016 or RERA will turn a year old. Although certain sections of the Act were introduced on May 1, 2016, it came into force in its entirety on May 1, 2017. Before RERA, there was no real estate regulator in the country due to this many builders took homebuyers for a ride.
