Some builders advertise apartments in legally entangled areas, sell flats in pre-launch and get away with it. Others advertise that they will build the apartment wonderfully, but once people begin to reside in those, issues seep in. Flooring is not proper. Bad sanitary fittings are installed in bathrooms.. Electricity wiring is also not done properly. And, RERA will solve such problems.
Otherwise, builders can resort to tribunals in certain cases. In such contexts, the only thing that benefits the buyers is the tribunes. When facing difficulties and frauds from any realty company, when justice is not done from RERA, one can approach the appellate tribunal and get justice. As compared to Courts, justice is done expeditiously through Tribunals.
Bombay high court confirmed an order of the RERA (Real Estate Regulation and Development Act) appellate Tribunal directing a builder to first deposit 100% of the interest to be paid to buyers for delay in handing over flats at a project called Wintergreen in Borivali, as a pre-condition to hearing…
The Telangana state government has taken a decisive step against fraudulent practices by realtors. Setting up the Telangana Real Estate Appellate Tribunal is a proactive move to protect buyers from problems arising with builders. Although the Real Estate Regulatory Authority (RERA) has been established in Telangana, the full-fledged tribunal setup…
The Forum for Good Governance Secretary M Padmanabha Reddy addressed a letter to Telangana Governor Tamilisai Sounderrajan on Wednesday requesting her to issue orders to Chief Secretary Somesh Kumar to appoint full time RERA and the appellate tribunal to check irregularities in realty sector. He complained to the governor that the RERA,…
