Tag: RERA

Can homebuyers be deprived of a refund under RERA?

On January 9, MahaRERA set aside the plea of over 10 flat buyers who had wanted to exit from a project in Mumbai, stating that bulk withdrawal from the project may mean ‘jeopardising completion of the project’ and impact the remaining 500 home buyers. The 13-odd…

Deepak Parekh believes RERA is a new era in real estate

Deepak Parekh, Chairman, Housing Development Finance Corporation (HDFC) in an interview with CNBC-TV18’s Latha Venkatesh spoke on varied issues like revival in economic growth, affordable housing, the Real Estate (Regulation and Development) Act RERA, banking, NPAs etc. Below is the verbatim transcript of the interview. Q:…