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Government Set to Revamp Real Estate Regulatory Act Amid Homebuyer Struggles

Homebuyers Demand Action as RERA Faces Scrutiny Government is poised to review the Real Estate (Regulation & Development) Act of 2016, responding to ongoing challenges faced by homebuyers & the apparent inefficacy of Real Estate Regulatory Authorities across states & UTs. The Ministry of Housing & Urban Affairs has initiated discussions to address these concerns, […]

RERA Takes Strong Action: Promoters Ordered to Sign Sale Agreements Immediately

RERA Takes Strong Action: Promoters Ordered to Sign Sale Agreements Immediately

New Directives Aim to Protect Homebuyers’ Rights Lucknow, October 12, 2024: The Uttar Pradesh Real Estate Regulatory Authority (RERA) has issued a crucial directive requiring all promoters to sign Sale Agreements (BBA) with homebuyers without delay. This mandate aims to enforce compliance with Section 13 of the RERA Act and uphold the interests of buyers. […]