UP RERA Mandates Consistent Project Naming Across All Documents
MACJ Home Inspection
by MACJ-ABCHI
1d ago
In a significant move aimed at enhancing transparency and reducing confusion among homebuyers, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has mandated that promoters must use consistent naming for their projects across all official documents and marketing materials. This directive, issued on March 16, requires that the project names on maps sanctioned by development authorities and those registered with RERA remain the same. The decision comes in response to discrepancies observed between the names of projects and towers as registered with RERA and those mentioned in occupan ..read more
Visit website
UP Replicates Maharashtra’s Real Estate Policies: All About 3 Key MahaRERA Decisions Implemented as Pilot
MACJ Home Inspection
by MACJ-ABCHI
1w ago
Uttar Pradesh has adopted three important policy decisions by the Maharashtra Real Estate Regulatory Authority, or MahaRERA, including mandatory QR code for each real estate project’s information; mandatory training and certification for agents; option to deregister non-viable projects subject to conditions. These are among a host of decisions the MahaRERA has taken the lead, which have a pro-homebuyer long-term impact on the real estate sector. As a result, there is higher transparency in Maharashtra’s real estate sector and also makes developers accountable for their decisions as well as ac ..read more
Visit website
RERA Certification now a must for all agents in UP
MACJ Home Inspection
by MACJ-ABCHI
2w ago
UP RERA will start a training and certification programme for real estate agents in April and allow only agents it certifies to operate from next year. Prior certification will be mandatory for new agents while the ones already registered will have a year to take the course and get a certificate, failing which their registration will be cancelled. Officials said this will help to bring transparency in the real estate sector and boost the credibility of agents, two areas that need serious regulatory intervention to make the process of buying property easier. “At present, there are more than 6 ..read more
Visit website
More developers filing timely quarterly reports after strict warning: MahaRERA
MACJ Home Inspection
by MACJ-ABCHI
3w ago
The Maharashtra Real Estate Regulatory Authority’s (MahaRERA) strict action against erring developers violating RERA rules have resulted in developers filing the quarterly progress reports (QPR) on the MahaRERA portal on their own, the authority said in a statement. The quarterly progress report (QPR) provides quarterly updates on project status to home buyers and prospective investors about the way the project will be developed. It is imperative that all developers registered under the RERA update the QPR on time. However, even after notices on strict actions, a sizable number of developers ..read more
Visit website
MAHARERA Collabs with ASCI to Identify Non-Compliant Real Estate Developers
MACJ Home Inspection
by MACJ-ABCHI
1M ago
In a significant move towards enhancing transparency and accountability in the real estate sector, the Maharashtra Real Estate Regulatory Authority (MAHARERA) has entered into a collaboration with the Advertising Standards Council of India (ASCI). The partnership aims to identify and address non-compliance issues among real estate developers, reinforcing regulatory measures and ensuring adherence to established standards. The collaboration between MAHARERA and ASCI is designed to scrutinize advertising content and promotional materials used by real estate developers. By leveraging ASCI’s expe ..read more
Visit website
MahaRERA Simplifies Registration Process
MACJ Home Inspection
by MACJ-ABCHI
1M ago
In a significant move, Maharashtra Real Estate Regulatory Authority (MaharERA) has streamlined the registration process for builders with over 50 housing units. The initiative aims to simplify the administrative procedures, making it more convenient for large-scale developers to comply with regulations. Under the new guidelines, builders overseeing projects with more than 50 housing units can now complete their registration at their doorstep, eliminating unnecessary bureaucratic hurdles. This progressive step by MaharERA aligns with the government’s ongoing efforts to promote transparency and ..read more
Visit website
Centre asks states to follow ‘Gujarat model’ for recovery of dues in case builders defy Rera orders
MACJ Home Inspection
by MACJ-ABCHI
1M ago
Amid rising instances of builders not complying with orders passed by Real Estate Regulatory Authorities (Rera), the housing ministry has advised state governments to follow the “Gujarat model”, which has an effective recovery mechanism and appoints officers under the state laws for retrieving the dues. Gujarat Rera has appointed two officers vested with all the powers for execution of recovery warrant orders. It has also notified detailed execution proceedings, which provides for arrest and detention. There have also been suo moto proceedings by the authority issued in some cases for attachm ..read more
Visit website
MahaRERA To Launch An Improved Portal In February
MACJ Home Inspection
by MACJ-ABCHI
1M ago
In a move to enhance transparency and efficiency in the real estate sector, the Maharashtra Real Estate Regulatory Authority (MahaRERA) is gearing up to launch its new regulatory portal, MahaRERA Complaint and Regulatory Integrated Technology Implementation (MahaRERA CRITI), in February 2024. The upgraded website aims to simplify the home purchasing process for both homebuyers and developers, offering a more user-friendly experience. Streamlined Grievance Redressal: MahaRERA CRITI will facilitate easy navigation for users, providing a streamlined grievance redressal process. The portal will i ..read more
Visit website
State nominates WBRERA website for E-Governance 2024 Award
MACJ Home Inspection
by MACJ-ABCHI
2M ago
The West Bengal Real Estate Regulatory Authority (WBRERA) website has been selected for nomination by the committee headed by the state chief secretary for the national awards for E-Governance 2024. This is being considered a significant achievement given that the website began functioning from January 31, 2023 and is yet to complete a year. “The WBRERA website (www.rera.wb.gov.in) has set an example in registration of real estate projects, receipt of complaints and its disposal, and ensuring good revenue through penalty for violation of orders passed by WBRERA authority,” said a senior offic ..read more
Visit website
‘One project, one MahaRERA no.’ to protect home buyers
MACJ Home Inspection
by MACJ-ABCHI
2M ago
MahaRERA has come out with ‘one standalone project, One MahaRERA number’ policy to safeguard the interests of home buyers. Under this policy, the promoters while applying for a new registration need to submit an undertaking stating that the proposed project does not have any MahaRERA registration number for the full project or part of it or any pending application. The policy is aimed at preventing home buyers from being cheated after instances of developers obtaining two or more MahaRERA registration numbers for the same or part of a real estate project came to light. However, in the case of ..read more
Visit website

Follow MACJ Home Inspection on FeedSpot

Continue with Google
Continue with Apple
OR