Builder Buyer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Real Estate Regulatory Authority (Rera) in Uttar Pradesh has reminded developers and buyers about the payment module for projects. According to UP-Rera Act, developers are not allowed to take more than 10% advance payment before the sale agreement is executed. The sale agreement should include project details, payment dates, and possession information. Additionally, developers have been directed to sell units based on carpet area only, not super area.

A nine-member committee headed by additional CEO Saumya Srivastava has been established to resolve builder-buyer disputes in Greater Noida. The commit

The Supreme Court on Monday asked Chief Secretaries of all the States and Union Territories to respond to the queries raised by the Central government on the implementation of Real Estate (Regulation and Development) (RERA) Act, 2016 rules in their jurisdiction.

The Supreme Court on Monday asked the Centre to consider framing uniform model pacts for builder and agent-buyers to protect customers.

The Supreme Court on Monday told the Centre that it does not favour individual state governments to have a builder-buyer agreement, and rather prefers a national-level model agreement, to deter builders from fleecing unwitting home buyers.