List of approved projects and agents – Andhra Pradesh RERA

Apr 12,2019 / By Prahalad Singh / No Comment

Andhra Pradesh RERA:

Andhra Pradesh government has launched an online website for project/ agent registration and filing accusation under RERA and regulatory authority for smooth implementation of rules in the state.
The government of Andhra Pradesh is acting as the nodal department for the implementation of the RERA Act in the state of Andhra Pradesh.

Andhra Pradesh RERA was notified on March 27, 2017. The Real Estate (Regulation & Development) Act, 2016 came into force in Andhra Pradesh with effect from 1st May 2017. The law has been made it mandatory for all the developers and builders to publish the entire information related to their real estate project on the official portal of Andhra Pradesh RERA. The authority body also controls the real estate transactions for commercial, residential and mixed projects.

As of now, out of 321 application, 174 application has been approved and 42 project approval is under process. 106 projects didn’t get approval due to the shortfall in the construction quality.

As far as agent’s registration is concerned, AP RERA has received applications of 41 and all of them have been approved for the registration number.

Till date, out of 90 complaints, the regulatory authority has passed judgment for 70 and 20 complaints are under investigation.

List of approved projects for Andhra Pradesh RERA: Click here to view

List of approved agents for Andhra Pradesh RERA: Click here to view

Irrespective of these proved projects/agents, RERA has rejected several real estate projects as well.

RERA registered projects in Vizag
RERA registered projects in Amaravati
RERA registered projects in Nellore
RERA registered projects in Vijayawada

Disclaimer: the data provided here is based on industry and news reports. CommonFloor will not be held legally responsible for any action taken based on the information provided.

List of approved projects and agents – Tamilnadu RERA

Apr 10,2019 / By Prahalad Singh / No Comment

Tamilnadu RERA

Tamil Nadu has been one of the most active states in the implementation of the Real Estate (Regulation and Development) Act 2016 (RERA) rules.

Tamil Nadu RERA Rules were notified on June 22, 2017. Exclusion/inclusion of projects for registration will depend on whether they lie within the Chennai Metropolitan Area (CMA) or outside the CMA, among other factors.

The state govt has not yet appointed a permanent regulator. The Secretary, Housing and Urban Development Department has been appointed as an interim regulator.

As per the Tamil Nadu RERA website, 940 real estate projects along with 498 real estate agents have been successfully registered under the act till date.

List of approved agents for Tamil Nadu RERA: Click here to view

List of approved projects for Tamil Nadu RERA: Click here to view

Irrespective of these proved projects/agents, RERA has rejected several real estate projects as well. As of now, they have rejected 18 real estate projects in 2017 and 2 projects in 2018.

Similarly, registration withdrawn for several reasons by 9 developers in 2017 and 1 in 2018.

Moreover, the regulatory authority has also passed judgment for 5 complaints out of 129 received till date.

Tamilnadu RERA updates:

Real estate appellate tribunal rules framed in Tamilnadu. The regulations would be applicable for Tamil Nadu and the Union Territories of Andaman and Nicobar Islands and Puducherry. As per the regulations, every petition or appeal filed before the tribunal should either be in English or should be accompanied by a copy of English translation.

Disclaimer: the data provided here is based on industry and news reports. CommonFloor will not be held legally responsible for any actions taken based on the information provided.

Gujarat RERA fined over 300 developers

Apr 9,2019 / By Prahalad Singh / No Comment

Under the Real Estate (Regulation and Development) Act, 2016, more than 300 real estate projects across Gujarat have been penalized by the Gujarat Real Estate Regulatory Authority (GujRERA) for missing to file the compulsory quarterly progress reports over the last 9 months. In most cases, the regulatory authority has fined each fraudulent developer Rs.50,000.

The process of submission of Quarterly reports started in June 2018. Since then, various developers have punished for non-compliance, under sections 11 and 63 of RERA Act.

Although the fine for breach of Section 63 of the act can go up to 5% of the project cost, in most cases the fine was fixed at Rs.50000, to assure compliance.

It is given that there are 5219 real estate projects registered with the authority and only 300 or so have been observed to be non-compliant. These numbers indicate that the level of compliance in the state is pretty high.

Most promoters who did not fulfill the quarterly filing measure submitted to the authority that their crime was incidental as the law is new and they were not completely notified of several provisions.

According to the data published on the GujRERA website, the authority has approved around 33% affordable housing projects across the state. The authority has sanctioned around 5200 ongoing residential as well as commercial projects so far.

As of now, 3880 real estate projects have successfully registered under Gujarat RERA and authority has issued 702 registration certificated to its agents.

The data also revealed that as many as 1694 registered projects are Affordable Housing projects. About 878 projects are purely residential, while are mixed use with residential and commercial units.

Ahmedabad has the highest number of affordable projects registered under the Act. Over 500 projects have been registered till date. After Ahmedabad, Vadodara has about 361 affordable RERA Registered projects, Rajkot has 265 such projects, Surat has around 236 projects, and Gandhinagar has over 100 affordable housing projects.

Gujarat Real estate updates:

Around one-third of all the real estate projects registered with GujRERA fall under the affordable housing category.

Promoters & Developers of more than 300 real estate projects across Gujarat have been penalized by GujRERA.

IndoSpace enters Gujarat with Rs 650 cr investment.

Gautam Adani declares Rs 55,000 crore investment in Gujarat in the next 5 years.

List of approved projects and agents – Gujarat RERA

Apr 5,2019 / By Prahalad Singh / No Comment

Gujarat RERA:

Since the Real Estate (Regulation and Development) Act, 2016 came into force, Gujarat is among the top states in the implementation and adoption of the new reality law. The government of Gujarat established Gujarat Real Estate Regulatory Authority (GUJRERA), vide Notification No. 23 dated 8 March 2017, for regulation and promotion of the real estate sector in the State of Gujarat. It formed the regulatory authority to help homebuyers and register builders, promoters and real estate agents.

As of now, 3880 real estate projects have successfully registered under Gujarat RERA and the authority has issued 702 registration certificated to its agents. Moreover, the regulatory authority has passed judgment for all the 73 complaints received till date.

List of approved agents for Gujarat RERA: Click here to view

List of approved projects for Gujarat RERA: Click here to view

Irrespective of these proved projects/agents, RERA has rejected several real estate projects as well.

Latest updates on Gujarat RERA

Gujarat realty’s property registration has been increased by 33% because of Affordable Housing.

Disclaimer: the data provided here is based on industry and news reports. CommonFloor will not be held legally responsible for any action taken based on the information provided.

List of approved projects and agents – Maharashtra RERA

Apr 4,2019 / By Prahalad Singh / No Comment

MAHARASHTRA RERA:

Maharashtra was among the few states to come up with a RERA Act’s website in its initial phase of implementation.

As per the information available on the MAHA RERA website, the total projects that are registered on the website are 19625. Among them, 3652 projects are registered and completed and 15826 are ongoing projects and 147 projects are yet to be registered on the website. Over 18% of the projects registered with MahaRERA are now complete.

The state has recorded 18505 agents have applied for registration over 18419 agents have been registered. 86 agents yet to be registered.

When it comes to the complaint status, 5,700 complaints have been registered and out of them 3543 have passed their orders and 2157 are in the process of hearing.

As per MahaRERA website, 1716 projects where the penalty is paid between Rs.50, 000 to Rs.10, 00,000 for various reasons.

List of approved agents for Maharashtra RERA: Click here to view

List of approved projects for Maharashtra RERA: Click here to view

Irrespective of these proved projects/agents, RERA has rejected several real estate projects as well.

Latest update about MahaRERA releasing an SOP to remove delaying developers:

Recently, the Maharashtra Real Estate Regulatory Authority (MahaRERA) issued a standard operating procedure (SOP). Under this procedure, homebuyers are eligible to dismiss a developer in the case the project was delayed. The project would then be allocated to an expert panel for completion. The expert also clarified that action could be taken only against non-litigated projects. This procedure will help complete all delayed projects in the state.

Disclaimer: the data provided here is based on industry and news reports. CommonFloor will not be held legally responsible for any action taken based on the information provided.

Category : RERA

List of approved projects and agents – Andhra Pradesh RERA

Andhra Pradesh RERA:

List of approved projects and agents – Tamilnadu RERA

Tamilnadu RERA

Gujarat RERA fined over 300 developers

List of approved projects and agents – Gujarat RERA

Gujarat RERA:

List of approved projects and agents – Maharashtra RERA

MAHARASHTRA RERA: