UP real estate authority slaps penalty on 5 promoters for flouting ads
The Uttar Pradesh Real Estate Regulatory Authority penalty of ₹1 lakh each on the five promoters.
Source: hindustantimes.com
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Uttar Pradesh RERA: UP-RERA imposes penalty on five promoters in violation of advertisement and promotion rules, ET RealEstate
Uttar Pradesh RERA: According to the Pramod Kumar Upadhyay, secretary, UP-RERA, "the amount of penalty being imposed is only a token. As per the provisions of the RERA Act, this penalty could be up to 5 percent of the project cost but authority considered the conditions and imposed the penalty."
Source: indiatimes.com
Noida: Skytech Colour Avenue alottee gets refund due to mediation of UP-RERA, ET RealEstate
Ajay Kumar Gupta had bought a unit in a project, Skytech Colour Avenue, being developed by Jatasya Promoters in Greater Noida West. The proposed date of possession was July 2019.
Source: indiatimes.com
Noida: Nivas Promoters settles disputes with One Leaf Troy allottees by mutual settlement, ET RealEstate
One Leaf Troy: As per the mutual settlement between Nivas Promoters and allottees, an amount of Rs. 62 lakh 11 thousand have been paid to all allottees to withdraw their matters.
Source: indiatimes.com
Real Estate: Project Stuck Since '17, Rera Allows Promoter To Complete Flats In 12 Mths Under Its Watch | Noida News
Noida: The Uttar Pradesh Real Estate Regulatory Authority (UP Rera) has given its nod to the promoter of Elegant Ville in Techzone 4, Greater Noida We.
Source: indiatimes.com