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Days after flagging unregistered associations, KRERA asks a developer to form RWA under law governing society registrations that legal experts say does not permit the collection of maintenance charges by RWAs
Uttar Pradesh RERA: During UP-RERA review, it was found that out of 1,810 promoters, only 666 promoters have uploaded details of director for correspondence. The authority has issued approximately 130 notices to promoters in violation of advertisements rules.
RERA Act: Sunil Chandra Reddy, president of Naredco Telangana, on Wednesday requested the central government to consider reduction of the penalty to 5% from 10% if the project is not registered under RERA.
Hyderabad: The realtors urged the governments at the centre and state to revise the Real Estate Regulation and Development (RERA) Act, 2016 and TS RER.
UPRERA wants to ensure management of bank accounts of real estate projects according to the directions of Reserve Bank of India (RBI) and RERA Act.