RERA Weekly Round Up – 10 June To 16 June 2024

Haryana RERA Orders Interest To Homebuyer For Delayed Possession, Also Holds Agreement Is Biased

Case – Arun Jain & another Versus M/S Emaar India Ltd.

While holding the buyer's agreement terms biased in favour of the builder, the Haryana Real Estate Regulatory Authority (Authority) bench, comprising Sanjeev Kumar Arora (Member), has directed the builder to pay interest to the homebuyer for the delay in handing over possession.

Uttar Pradesh Real Estate Regulatory Authority

UP RERA Releases Model Format Of Offer Of Possession Letter To Protect Homebuyers Interest

Press Release / 8 June / 2024

Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued a directive aimed at curbing the arbitrary practices of real estate promoters in issuing Offer of Possession letters. This move is intended to eliminate the confusion and disputes that arise between promoters and allottees over possession terms.

Telangana Real Estate Appellate Tribunal

Government Of Telangana Establishes Real Estate Appellate Tribunal

The Government of Telangana established the Real Estate Appellate Tribunal (REAT) seven years after the Real Estate (Regulation and Development) Act, 2016, came into force on May 1, 2017. The Telangana Government appointed Justice A. Rajasheker Reddy (retd) as chairperson, Pradeep Kumar Reddy Palle as judicial member, and Chitra Ramchandran as technical and administrative member of the Telangana Real Estate Appellate Tribunal.

Rajasthan Real Estate Regulatory Authority

Rajasthan RERA Directs Builders To Submit Detailed Architectural Drawings And Open Separate Bank Accounts

No F1 (31) RJ/RERA/2019/ 687

Rajasthan Real Estate Regulatory Authority (Authority) has directed builders/promoters to submit architectural drawings while applying for a Completion Certificate/Occupancy Certificate and to open three separate bank accounts. These directives are based on decisions made during the Authority's 18th meeting held on June 7th.

Karnataka Real Estate Regulatory Authority

Builder Fails To Deliver Flat In Time, Karnataka RERA Orders Refund To Homebuyer

Case – Loknath Nayak & another Versus Supervision Towers Private Limited

Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed the builder to refund the amount paid by the homebuyer for a flat, as the builder failed to deliver possession as promised for the year 2021.