Supreme Court upholds threshold for homebuyers to move NCLT. (The Indian Express)

The Supreme Court upholds threshold for homebuyers ... the Constitutional validity of the amendments to the Insolvency and Bankruptcy Code, 2016 ... a defaulting builder in respect of a real estate project... 100 allottees or 10 percent of the allottees... Read more...

Supreme Court empowers flat buyers to compensation for delayed possession. (Hindustan Times)

Supreme Court empowers flat buyers to compensation for delayed possession... Ruling Builders to pay up for failure to fulfill amenity promises... Read more...

Notice u/s 59 for appearance in respect of projects not registered with RERA Punjab.

Notice u/s 59 for appearance in respect of projects not registered with RERA Punjab. (Public Notice). Read more...

Housing policy permits more flats per Acre. (The Tribune)

The Punjab Housing Department has tweaked its “Affordable Housing Policy”, giving additional incentives, including allowing more flats, increased saleable area, less parking and better floor area ratio (FAR). Read more...

Punjab to approve Building plans for independent floors. (The Times of India)

Punjab local government departme department on Tuesday allowed approval of building plans for G+2, G+3 and S+4 independent floors under the Punjab Municipal Building Byelaws 2018 and subsequent amendments which provide for independent floors. Read more...

Hearing of complaints filed under Section 31, and proceedings under Section 59... (Public Notice)

Hearing of complaints filed under Section 31, and proceedings under Section 59 of the Act, shall resume from Mon 17th August, 2020 in physical mode. Lawyers and complainants are requested to adhere to the scheduled timings, so as to avoid overcrowding... Read more...

Escrow Account in Real Estate as a boon for Home Buyers (Financial Express)

How escrow account in real estate is proving to be a boon for Home Buyers... One of the key changes implemented by RERA is the imposition of escrow... real estate builders to transfer 70% of the money received from customers to an escrow account ... Read more...

Guidelines for builders regarding advertisements

Shaky foundations of building advertisements... face of the definition of 'interest' under Section 2(za) of RERA... stagewise payments by gullible buyers... Read more...

Crackdown on illegal builders (Urban Development Department)

Express New Service Mohali: Crackdown... Housing and Urban Development Department will take action against all buliders who are not... have directed builders to either register with both agencies or face consequences... Read more...

Punjab RERA Cracks down on plot sales without approvals (The Tribune)

Chandigarh: Punjab RERA... Builder fined 1.5 crore, highest-ever by the authority... has penalised Chandigarh based Gupta Builders and Promoters (P) Ltd for selling real estate inventories... Read more...

Supreme Court empowers home buyers to claim refunds (The Times of India)

The Supreme Court recently paved the way for home buyers to claim refunds from builders in case of unreasonable delay in handing over their homes...In this case, the buyer paid Rs 39,29,280 in 2006 to the builder and as per the agreement the bulider had to handover the flat... Read more...

Relief for Home Buyers (The Tribune)

Chandigarh: Relief for Home Buyers... One-sided pacts not binding, rules SC... Buliders often treat home buyers like sitting ducks, entangling them in technicalities that the layman can't make much... Read more...

Punjab RERA puts eight builders on notice for selling properties illegally (Hindustan Times)

Chandigarh: Cracking down on illegal sale of properties in Zirakpur, New Chandigarh and Kharar, Punjab State Regulatory Authority (Rera) has issued notices to eight builders for allegedly selling properties without mandatory registration of their projects with the authority... Read more...

Shifting Notice : Real Estate Regulatory Authority, Punjab

RERA Punjab office is shifting from its current address to - 1st Floor, Block B, Plot Number 3 (Near Govt. Press UT) Madhya Marg, Sector 18A, Chandigarh from 15th October, 2018... Read more...

Public Notice for promoters who have not uploaded their registered projects on the RERA Punjab web portal

Attention promoters of registered real estate projects who have not uploaded their registered projects on the RERA Punjab web portal (Public Notice for promoters)... Read more...

Notice u/s 59 for appearance in respect of projects not registered with RERA Punjab

For appearance in respect of Projects not registered with RERA, Punjab. Under section of 3 of the Real Estate (Regulation and Development) Act, 2016 the promoters of on-going projects... Read more...

Punjab govt okays regularisation of unauthorised colonies

The policy covers colonies developed before March 19, 2018. As per the policy, any developer, resident welfare association (RWA) or co-operative society can apply for regularisation of unauthorised colonies. Read more...

Recruitments at RERA Punjab

RERA Punjab is hiring for the various posts in the Authority. Last date of application is 03.08.2018 by 5:00PM. Applications shall be accepted through online mode only. Read more...

RERA: Find real state of Punjab’s real estate.

The Real Estate Regulatory Authority (RERA) of Punjab has cracked the whip on builders of 500 real estate projects in the state, asking them to get these registered under the new consumer-friendly law, or face action. Read more...

MahaRera: Recovery warrants against developers.

MahaRera: Recovery warrants against developers. Read more...

Bulider told to pay INR 64 lakh for failing to handover plot.

Bulider told to pay INR 64 lakh for failing to handover plot. Read more...

Rera directs JLPL to pay INR 30 lakh relief to two.

Rera directs JLPL to pay INR 30 lakh relief to two. Read more...

6 rules in RERA that will stop builders from delaying delivery of your dream home.

The delay in possession of their homes has been the biggest concern for the buyers of the real estate properties. For many of the homebuyers, across locations and with. Read more...