Recently, Rajya Sabha passed the Real Estate Regulatory Bill, which will be immensely helpful in regulating the real estate sector making it more transparent and authentic for buyers as well as developers. Below are the major highlights of the Real Estate Regulatory Bill: 1. Development of Real Estate Regulatory Authority: The bill recommends the development Continue Reading…

The housing societies play a major role in today’s living lifestyle, as single home trend is transformed into the society. This changed the person’s lifestyle, as a large number of people are staying in the same area of society. But, whether the person stay in a home or a residential society, the fire can damage Continue Reading…

Changing existing reality is a daunting task. To change something, create a new and sure success model is essential that makes the existing model obsolete. People having residents in societies are tied up with the responsibilities of the society, especially the people managing the internal operations of the society. Housing society accounting and operations need Continue Reading…

A cooperative housing society can put forward a consumer complaint against the builder for not fulfilling the promise list of amenities as mentioned in the agreement, at the time of  hand over the possession to the society members. Under the Maharashtra State Consumer Disputes Redressal Commission, the Consumer Protection (CP) Act, such complaints cannot be Continue Reading…