Search Results for Tag : Real Estate

Statute

Real Estate (Regulation and Development) Bill, 2015(09.12.2015)

The Union Cabinet has approved amendments to the Real Estate (Regulation and Development) Bill, 2015 made by the Select Committee of Rajya Sabha. The .....

Tags : Real estate, bill, 2015, amendments

Notifications & Circulars

Guidelines for preferential issue of units and institutional placement of units by a listed Real Estate Investment Trust(27.11.2019)

Regulation 2(1)(zd) of Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 ("REIT Regulations"), defines a "prefe.....

Tags : Guidelines for preferential issue of units and institutional placement of units by a listed Real Estate Investment Trust

Decisions taken by the GST Council in the 34 the meeting held on 19th March, 2019 regarding GST rate on real estate sector(19.03.2019)

GST Council in the 34th meeting held on 19th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made.....

Tags : GST Council, Meeting, GST rate, Real estate sector

Amendment in Section 2(zm) of the Real Estate (Regulation and Development) Act, 2016(29.11.2022)

In exercise of the powers conferred under sub-clause (iii) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2.....

Tags : Amendment, Provision, Real Estate

Top Story

Real Estate Act, 2016 marches ahead with newly notified Real Estate (Regulation and Development) (General) Rules, 2016 for 5 Union Territories(31.10.2016)

The Central Government has notified the Real Estate (Regulation and Development) (General) Rules, 2016, to be applicable to the five Union Territories.....

Tags : Real estate, Rules, Union Territories

News

Government Notifies Real Estate Regulatory Act for Five Union Territories(02.11.2016)

Government has notified Final Rules to implement Real Estate (Regulation and Development) Act, 2016 for five Union Territories, that aims to bring tra.....

Tags : Real Estate Regulatory Act, Union territories

CCI Rejects Complaint of Unfair Trade Practices Against Aura Real Estate and Waghere Promoters(11.01.2016)

Competition Commission of India (CCI) has rejected allegations of abuse of dominant position made against Aura Real Estate and Waghere Promoters relat.....

Tags : Competition Commission of India, Waghere Promoters, Aura Real Estate

Multiple Proceedings on Same Issue Not Permissible Under RERA 2016: Maharashtra RERA(29.12.2018)

Maharashtra Real Estate Regulatory Authority has held that multiple proceedings on the same issue cannot be allowed under the Real Estate (Regulation .....

Tags : Maharashtra Real Estate Regulatory Authority, Multiple Proceedings

Government Notifies Remaining Sections of RERA, Act Shall Come into Full Force From May 1, 2017(20.04.2017)

Central Government has issued a notification announcing that sections 3-19, 40, 59-70, 79 and 80 of Real Estate (Regulation and Development) Act, 2016.....

Tags : Central Government, Real Estate (Regulation and Development) Act, 2016,

Madras HC: Builders Cannot Escape Provisions of RERA Where Amenities Not Provided(26.02.2021)

Madras High Court has held that builders and real estate developers cannot escape from the Real Estate (Regulation and Development) Act, 2016 if they .....

Tags : Madras High Court, Builders, Real Estate Developers

Supreme Court to Unitech: Deposit Rs. 750 Crore by December(31.10.2017)

Supreme Court has directed Unitech to deposit Rs. 750 crore by December to secure bail for its director Sanjay Chandra, who is in jail in a case of al.....

Tags : Supreme Court, Unitech, real estate

Judgments

Compat: Flat buyers need not apply(26.04.2016)

The Competition Appellate Tribunal affirmed what the Competition Commission has been trying to tell residential flat buyers all along - builders canno.....

Tags : compat, real estate, dominant position

“No Brokerage Policy” not anti-competitive conduct(03.05.2016)

The Commission dismissed a complaint by the Confederation of Real Estate Brokers’ Association of India against the “No Brokerage Policy” advertised on.....

Tags : Real estate, internet portal, brokerage

Maharashtra RERA Directs Developer To Hand Over Two Properties With Interest For Delayed Possession(17.10.2022)

Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Orbit Enterprises to hand over possession of two units at BKC, Mumbai, to actor S.....

Tags : Maharashtra Real Estate Regulatory Authority, Saif Ali Khan, Orbit Enterprises

National Company Law Appellate Tribunal Orders Reverse Real Estate Insolvency Process(12.02.2020)

National Company Law Appellate Tribunal has passed an order for a reverse insolvency process, which could set a template for stressed real estate proj.....

Tags : National Company Law Appellate Tribunal, Reverse Real Estate Insolvency Process

P&H HC on RERA: Inconvenience In Making Pre-Deposits Not A Circumstance Warranting Relaxation(28.01.2022)

Punjab and Haryana High Court held that mere hardship in making pre-deposits which include diverting funds is not an arduous circumstance in any manne.....

Tags : Punjab and Haryana High Court, Haryana Real Estate Regulatory Authority

Real Estate Bill Becomes Act Now(02.05.2016)

Real Estate (Regulation and Development) Bill, 2016 has became an act on May 1.

Tags : Real Estate (Regulation and Development) Bill, 2016

CCI Dismisses Allegations Against Real Estate Websites(05.05.2016)

Competition Commission of India (CCI) has dismissed allegations that five real estate websites, including Housing.com and Magicbricks.com, abused thei.....

Tags : Competition Commission of India , Real Estate Websites

SC Seeks Audit Report From CAG on Spending of Rs 5,000 Crore of Real Estate Cess(13.04.2017)

Supreme Court has directed Comptroller and Auditor General (CAG) to file an audit report to explain how authorities had spent Rs 5,000 crore of a real.....

Tags : Supreme Court, Real Estate Cess

Government: RERA Applies to All Incomplete Projects(11.07.2017)

Government has made it clear that developers can claim exemption from Real Estate (Regulation and Development) Act only if work on their apartment or .....

Tags : Real Estate (Regulation and Development) Act

Allottees of real estate projects are "financial creditors" and may trigger the IBC against the real estate developer(09.08.2019)

Writ petitions have been filed in present Court to challenge the constitutional validity of amendments made to the Code, pursuant to a report prepared.....

Tags : Allottees, Real estate projects, Amendment

Karnataka Notifies RERA, Builders to Disclose Size of Apartment Based on Carpet Area(11.07.2017)

Karnataka government has notified Real Estate Regulatory (Regulation and Development) Act making it mandatory for all the builders to register with th.....

Tags : Real Estate (Regulation and Development) Act

#RERA: 23 States Notify Rules, Six Misses July 31 Deadline(01.08.2017)

The July-31 deadline to register projects under the Real Estate Regulatory Act (RERA) is over, however, six states are yet to notify rules. These incl.....

Tags : Real Estate Regulatory Act

Rajya Sabha Passes Real Estate (Regulation and Development) Bill, 2015(11.03.2016)

Real Estate (Regulation and Development) Bill, 2015, which intends to protect home buyers, bring in transparency and plug the flow of unaccounted mone.....

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Parliament Approves The Real Estate (Regulation and Development) Bill, 2013(16.03.2016)

The Real Estate (Regulation and Development) Bill, 2013, has been approved by Parliament.

Tags : The Real Estate (Regulation and Development) Bill, 2013

Supreme Court Seeks Detail of Complainants in Gurugram's Unitech Project(17.08.2017)

Supreme Court has directed Delhi Police to furnish details of number of flat buyers of Unitech's project in Gurugram who had approached it for registe.....

Tags : Supreme Court, Unitech, real estate

Delhi HC: Not Bank’s Responsibility to Get Real Estate Project Completed(16.03.2023)

Delhi High Court while observing that banks can’t be loaded with responsibility of getting real estate projects completed, has held that it is for the.....

Tags : Delhi High Court, Real Estate, Bank

NCDRC: Only Registered Home Buyers' Body Can File Complaint Against Builders(08.05.2017)

National Consumer Disputes Redressal Commission (NCDRC) has clarified that only registered Residents' Welfare Associations (RWAs), consumer organisati.....

Tags : National Consumer Disputes Redressal Commission, Real Estate

CCI dismisses complaint against DLF(04.01.2016)

The Competition Commission of India dismissed a complaint against DLF Universal Limited, a real estate company of national renown, for abusing its dom.....

Tags : Dominant position, real estate, gurgaon, dlf

CCI inundated by real estate complaints(29.03.2016)