News
UP RERA penalises 11 developers
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA), at a meeting held on March 19, decided to impose penalty on 11 promoters for non-compliance of its orders.
The developers who have been penalised include Supertech, Mahagun, Nivas Promoters, Sare Saamag Realty, Newtech Promoters and Developers, Ansal Properties and Infrastructure, TGB Realty, IVR Prime Developers, La Residentia Developers, Logix Infrastructure and Logix City Developers.
The Authority has directed these promoters to ensure compliance of its orders and deposit the penalty amount within a month, failing which the amount of penalty shall be recovered as arrears of land revenue.
In another decision, UP RERA decided to give the choice of physical hearing to the parties beginning May 1.
The Authority has been hearing complaints through virtual mode under its e-courts system keeping in view the need of containment due to COVID-19 pandemic. It has now decided to provide the opportunity of physical hearing to the concerned parties on their request, subject to compliance of COVID-19 protocol.
-
News3 weeks ago
KW Delhi 6 Mall Onboards New Brands
-
News4 weeks ago
Manasum Senior Living Launches IKIGAI GOA, A Senior Living Community in North Goa, in collaboration with Prescon Homes
-
News2 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News4 weeks ago
Bridging India Divide: Top 5 Tier- 2 Cities to Focus On
-
News3 weeks ago
Commercial Realty Gets Tech Savvy: Fast Construction, Enhanced Convenience
-
News4 weeks ago
Multipoint Connection – A Definite Boon
-
News3 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News1 week ago
Olive Announces Dhruv Kalro as Co-Founder