RERA Act

The Supreme Court on Mon...

The Allahabad High Court has stayed the recovery order issued by the Real Estate Regulatory Authority (RERA) Tribunal, Lucknow against Hawelia Builders Private Limited.

The Supreme Court on Monday has adjourned the hearing for a week in a plea seeking directions to the Centre to implement a uniform builder-buyer agreement in order to ensure fairness and transparency, and protect the rights and interests of the buyers, in spirit of the RERA Act and Article

The plea, filed on December 3 aims at reduction in cheating, fraud and forgery, control in deliberate delays, restrain on builders from dishonestly misappropriating buyers' money and indulging into arbitrary unfair restrictive trade practices.