Real Estate Regulation Act, India

U.P. Real Estate Regulatory Authority (UP-RERA) is hiring law graduates as Law Consultants and the details of job is given below. The last date of application is 31/10/2020. JOB PARTICULARS Organisation Name Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) No. of positions 2 Job Title Legal Consultant Organisation Type State Government Job Sector Real Estate Regulatory Functional Area Consultant Job Description/Functional Role Real Estate Law Qualification LLB - 5 year integrated Age Minimum 28 Job Location Lucknow/Greater Noida Key Skills 1 year experience in working in Court of Law or with a reputed Law Firm and total 3 year experience in law. Nature of job Full Time Pay Scale 50,000 per month Last date to apply 31/10/2020 Website up-rera.in Employment advertisement https://www.up-rera.in/frm_Ifram_for_PDf.aspx?Param=Advertisement_33371legal_consultant.pdf Email   Application Process https://www.up-rera.in/frm_Legal_Consultant.aspx?...

U.P. Real Estate Regulatory Authority is hiring law graduates as Law Trainee and the details of job is given below. The last date of application is 06/11/2020.  JOB PARTICULARS Organisation Name Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) No. of positions 4 Job Title Law Trainee Organisation Type State Government Job Sector Real Estate Regulatory Functional Area Consultant Job Description/Functional Role Real Estate Law Qualification LLB - 5 year integrated Age Minimum 28 Job Location Lucknow/Greater Noida Key Skills Experience in working in Court of Law or with a reputed Law Firm. Nature of job Full Time Pay Scale 30,000 per month Last date to apply 06/11/2020 Website up-rera.in Employment advertisement https://www.up-rera.in/frm_Ifram_for_PDf.aspx?Param=Advertisement_67547LAWTRAINEE221020.PDF Email Application Process https://www.up-rera.in/frm_Law_trainee_new.aspx?postid=yYut//BrHa8= Contact address U.P. Real Estate Regulato...

UPRERA has specified the formats for the purpose of withdrawal of Money from designated account of the project. The following types of formats have been specified: - CA Certificate - Engineer Certificate  &  - Architect Certificate The CA certificate and Engineer certificate will be have to be used for the purpose of withdrawal of money from the designated account, while the Architect certificate will be used for the purpose of certifying the Internal & External Development Works in Respect of the Entire Registered Phase.  The certificates, issued by the project architect, project engineer, chartered accountant and submitted to the banks for getting release of money from the separate account. Click on the dart given below to download the requisite certificate format for the aforementioned purpose. - CA Certificate : Download 👉 🎯 - Engineer Certificate :  Download 👉 🎯   - Architect Certificate :  Download 👉 🎯 Alternatively, one can go to the UP...

Ansal API fined Rs. 1 crore by UP-RERA The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has started to tighten it's grip on Builders and one of the example was set on Monday by imposing a fine to the tune of Rs 1 crore on Ansal API, for not following its order dated 25 October 2018. The builder has been given a time frame of one month to submit the fine. "The fine has been imposed to send our a message to all the builders that they have to comply with RERA orders", said Balwinder Kumar, UP-RERA member. The authority however decided to defer an even stricter measure of de-registering Ansal's six projects for four months subject to certain conditions. The builder has also been asked to furnish the details of escrow accounts of all six projects in newspaper.  UP-RERA in past has de-registered few projects for non compliance as well as issued de-registration notice to 7 builders . Click here for details. A chartered accountant from the CAG panel h...

Manpreet Singh Chadha aka Monty Chadha was fleeing for Phuket in Thailand when he was arrested by the officials of the Economic Offences Wing of Delhi Police. Additional Commissioner of the EOW, Suvashish Chaudhary stated that Monty Chadha was trying to escape to Thailand. Ponty Chadha, the liquor and real estate baron was killed in a shootout six years ago with his brother over a land dispute.  Monty Chadha was arrested from the Delhi airport last night in connection with real estate cheating case. Manpreet Singh Chadha aka Monty Chadha is accused of cheating scores of people by making fake promises of giving flats at cheap prices. Monty Chadha is the director of Uppal-Chadha Hi-tech Developers Private Limited. (Click to see details of the Company & Directors. Before his arrest, the airport's security staff and immigration officers were alerted and Look Out Circular (LOC) was issued against Mr Chadha. Delhi Police already has cases registered against Monty C...

RERA prevails over Companies Act : Case Law Gaining not just strength but also confidence of buyers Rajasthan RERA passed an order that will become a cornerstone judgement in RERA Act. Rajasthan Real Estate Regulatory Authority has held that winding up order under Section 279 of the Companies Act 2013 will not bar proceedings under Real Estate (Regulation and Development) Act 2016. Builders have been trying to capitalise on all the loopholes in lawe but the Authority while dismissing an application filed by the builder seeking stay of proceedings on the ground that the Delhi High Court had appointed a provisional liquidator in respect of the builder-company, while the proceedings under RERA were pending. The order came against MVL Limited , which cited Section 279 of the Companies Act, which states that no suit or legal proceeding against the company can be commenced or continued against the company after the passing of the winding up order except with the permission o...

RERA has started to plug in loops and strengthen its grip on builders. In a first, Uttar Pradesh Real Estate Regulatory Authority has deregistered a project in Noida after it found serious financial irregularities, diversion and siphoning of funds and cases of double allotment, a senior UP RERA official said. The Authority has already issued notice for deregistration to 7 builders in past and the builder being deregistered is amongst one of them. The builder being Unnati Fortune Holdings Limited and the project being Aranya Phase 3,4 & 5. "Deregistration order was served based upon the information collected, site inspections made, complaints registered in RERA and non-compliance of the provisions of RERA Act. The decision was taken after the builder failed to respond to warnings and notices served to them," said UP RERA Chairman Rajive Kumar. Six more projects are under scrutiny, officials said. Click  here for the list of those projects. Read more: UP RERA issues der...

Today we will share the list of States and Union Territories where Real Estate Regulation Act, 2016 is applicable and the URL of websites for easy reference. The States are in process of implementing the RERA Act to make the housing sector more transparent and affordable for citizens. Various Acts like UPRERA, GUJRERA, MAHARERA are already making the difference felt with strict and smooth implementation of the RERA Act. Other States will also follow the same and make the real estate sector boom again. The list of websites for various states have been updated and are verified working. In case of any discrepancy, do mention the same in comment box for correction. S. No. State/UT Date of Notification Website URL 1 Gujarat 29 October 2016 http://gujrera.gujarat.gov.in/ 2 Uttar Pradesh 11 October 2016 www.up-rera.in 3 Chandigarh 31 October 2016 ...