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Real Estate Project stalled in Gurgaon? This is how RERA Gurugram can help you

/ RERA ACT /

Real Estate Project stalled in Gurgaon? This is how RERA Gurugram can help you Introduction The Indian Real Estate market is constantly growing, and Gurugram is emerging as one of the top realty markets in India. People are increasingly interested in investing in Gurgaon, attracted by higher returns in both property value appreciation and rental […]

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Homebuyers Right to Seek refund Under RERA Act

/ RERA ACT /

Homebuyers Right to Seek refund Under RERA Act What is RERA Act? The Real Estate (Regulation and Development) Act of 2016, commonly known as the RERA Act (hereinafter referred to as “Act”), was enacted to enhance the efficiency and transparency in the real estate sector while safeguarding the interests of homebuyers. Before its introduction, the

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Execution of Recovery Certificate issued by RERA Authority

/ RERA ACT /

Execution of Recovery Certificate issued by RERA Authority Introduction: As per the statistics released at the 125th meeting of the Uttar Pradesh RERA Authority, held in Lucknow, nearly 8,800 Recovery Certificates (RCs), collectively valued at around Rs 2,400 crore, have been issued across the state of Uttar Pradesh from 2018 till 2023. Of this, approximately

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Association of Apartment Owners and its Tenure under the UP Apartment Act

/ Apartment Act /

Association of Apartment Owners and its Tenure under the UP Apartment Act UP Apartment Act and Its Applicability: The Uttar Pradesh Apartment (Promotion of Construction, Ownership & Maintenance) Act, 2010, popularly known as the UP Apartment Act, 2010, came into force on 21.07.2010. The Act extends to the entire state of Uttar Pradesh and applies

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Execution of Orders Passed by RERA Authority

/ RERA ACT /

Even after having a favourable order from the RERA Authority, the builder often fails to comply, either by not returning the money owed to the homebuyers or by withholding possession of their units, depending on the case. In such scenarios, homebuyers are often left unsure of the next steps to take in order to have the decree enforced and either recover their money or gain possession of their units.

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