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Karnataka Rera

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  • Karnataka RERA orders owners' association to take over and complete delayed project

    The regulatory authority said that the developer Commune Properties and financier Anand Rathi Global Finance have violated the prohibitory order passed by the bench in 2022. While the developer mentioned that the 188 flats mortgaged to Anand Rathi were unsold, the KRERA order mentioned that about 90 flats were already sold.

  • Completion certificate issued by architect not valid: KRERA

    The regulator stated this in an order pertaining to the Urbana Serene retirement home project in Bengaluru, developed by the Ozone Group.

  • Karnataka RERA holds landowner, developer responsible for not executing sale deed

    The developer is said to be absconding and has changed his contact details. The homebuyer has paid money to both the developer and the landowner, after signing the agreement in 2011

  • Homebuyers taking possession without OC not entitled to compensation: Karnataka RERA

    Experts say the local municipal corporation by-laws clearly state that possession should be offered only after an occupancy certificate has been received, thus certifying the apartment as fit for habitation.

  • States frame their own definitions for ‘ongoing projects’ to jump RERA gun

    Mere laying of slabs to simply filing an application for completion certificate before notification of rules enough to keep ongoing housing projects in some states out of the purview of RERA

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