Real Estate (Regulation and Development) Act (hereinafter referred to as the "Act’) got the assent of the President of India on June 25, 2016, and the major provisions of the Act, including Section 3, came into effect on May 1, 2016 and May 1, 2017. The proviso to Section 3 of the Act states that [...]
UP RERA REGISTRATION PROCESS Real Estate Regulatory Authority (RERA), since its inception in 2016 has been working towards creating more equitable and fair transactions between the seller and the buyer of properties. RERA has been making real estate purchases easier with increased accountability, transparency and also by providing increased incentives for new projects. One [...]
In February 2023, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has made some significant updates and announcements. One of the most notable developments is that the UP RERA has fined 13 real estate promoters for violating various provisions of the RERA Act. Additionally, the Supreme Court has made two crucial rulings related to [...]
