201712.14
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Promoter v. Co-Promoter In RERA

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RERA intelligence Promoter v. Co-Promoter                                      Maharashtra Real Estate Regulatory Authority The Maharashtra Real Estate Regulatory Authority has, by its Circular Nos. 12/2017 and 13/2017 dated 4th December, 2017, replaced its previous Order dated 11th May, 2017 wherein the Regulatory Authority had defined the term “Co-Promoter” of a Real Estate Project. Definition of Co-Promoter under…

201711.20
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“Majority Rights“ under Section 15 of RERA

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“Majority Rights“ under Section 15 of RERA Stands Clarified By Maharashtra Real Estate Regulatory Authority for Financial Institutions and Creditors With the powers of General Superintendence vested in him under Section 25 of the Real Estate (Regulation and Development) Act, 2016, the Maharashtra Real Estate Regulatory Authority brought in a clarity regarding the implication of…