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

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

Notifications & Circulars

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

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

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

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

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

News

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

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

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,

HRERA to Developers: Don’t Use Buyers’ Funds to Repay Loans(25.04.2019)

Haryana Real Estate Regulatory Authority (HRERA) has ordered that Developers should not repay loans taken from banks and financial institutions by usi.....

Tags : Haryana Real Estate Regulatory Authority

Allahabad High Court Orders Demolition of Real Estate Projects in Greater Noida(13.10.2015)

Allahabad High Court has ordered demolition of a number of real estate projects launched by major builders including Supertech, Amrapali and Jagat Tar.....

Tags : Allahabad High Court , real estate project, Greater Noida

Supreme Court Asks Unitech to Deposit 14% Interest on Investment by Home Buyers(25.04.2017)

Supreme Court has directed real estate firm Unitech to deposit 14 per cent interest on Rs. 16.55 crore invested by 39 home buyers in its project in Gu.....

Tags : Supreme Court, Unitech, real estate

RERA Kicks in Today, Only 13 States/UTs Notified Rules So Far(01.05.2017)

Real Estate Act comes into force from today with a promise of protecting right of consumers and ushering in transparency but only 13 states and UTs ha.....

Tags : Real Estate Act

NCDRC: Builder-Buyer Agreements Often Favours Builders’ Interest(15.06.2017)

National Consumer Disputes Redressal Commission (NCDRC), while terming some builder- buyer agreements as ‘unconscionable contracts’, has observed that.....

Tags : National Consumer Disputes Redressal Commission, Real Estate

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

#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

Maharashtra Real Estate Appellate Tribunal: Right to Reserve Flat Includes Right to Cancel(29.04.2021)

Maharashtra Real Estate Appellate Tribunal has observed that the right to reserve a flat includes the right to cancel the reservation. Therefore, a bu.....

Tags : Maharashtra Real Estate Appellate Tribunal, Right to Cancel Reservation

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

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)