Latest Answer: Yes, they have implemented their own RERA Act which is known as WBHIRA (West Bengal Housing Industry Regulation Act, 2017. The notification of HIRA formalizes the confirmation with RERA, a central Act aimed at bringing in transparency and reliability in the housing sector. Now, all housing projects above 500 sq m or eight apartments need to be registered with the state regulator.
Q:The Real Estate Regulation and Development Bill, 2013 will facilitate smooth and hassle-free home buying by bringing reform to the real estate sector. It will help create a set of rules that will safeguard the interests and investments of home buyers.Fight For RERA strives to ensure that the dream of a roof over the heads of our families becomes a reality by making developers accountable for timely possession and also pay interest and compensation in case of delay.Join our Facebook Group: Fight For RERA
Latest Answer: Many promoters are also using RERA Compliant services to do their referrals legally.
Loyalie is one such platform which makes referrals legal and hassle free for all. Loyalie has extensively worked with real estate companies across all India helping them ease their problems. The platform allows easy tracking and monitoring of all referrals from a single dashboard. It is easy to use and a very innovative solution under new RERA guidelines. Contact us today if you as a promoter want to beat your competitors and make your referrals legal.
Latest Answer: Hi Rakesh,
I heard that housing and poverty alleviation ministry has prepared a Model Tenancy Bill, expected to be placed before the cabinet, that is aimed at an authority to register tenancy agreements with a special court to consider disputes. We should not ignore rental issues which a tenant has to face during rent a house. They have to pay huge amount a s a security deposit to the flat owners.