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Dispute Resolution Cell To Be Operational At Orera, Real Estate News, ET RealEstate

The platform, called conciliation and dispute resolute (CDR) cell, will allow interested homebuyers and promoters to initiate a conciliation process and arrive at a mutual decision without going to court.

rera: Planning to buy a property? Rera has issued a warning Read this before investing

The Real Estate Regulatory Authority (Rera) in Uttar Pradesh has reminded developers and buyers about the payment module for projects. According to UP-Rera Act, developers are not allowed to take more than 10% advance payment before the sale agreement is executed. The sale agreement should include project details, payment dates, and possession information. Additionally, developers have been directed to sell units based on carpet area only, not super area.

UP real estate regulator asks promotors to clear quarterly progress report backlogs by January 15

UP RERA Gives 15-Day Ultimatum To Promoters To File Progress Reports On Housing Projects

Not updating quarterly progress reports of projects amounts to violation of the relevant provisions of the RERA Act, UP RERA Chairman Sanjay Bhoosreddy said.

Haryana RERA advises buyer to not invest in projects without RERA registration, ET RealEstate

"If any person is facilitating sale purchase in unregistered projects through advertisement or by any other means that is a violation of the Act," said the authority.

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