#RealtyNewsRoundup: States Seen Extending Project Registration Deadline Under RERA
In a major relief for developers, states have started extending the deadline for project registrations under the Real Estate (Regulation & Development) Act, 2016. The Goa government was the first to extend the deadline by three months till October. Now, the UP government has extended the deadline until August 15 while the Telangana government is planning to extend the deadline by two-three months.
Meanwhile, media reports says the Union Housing Ministry will approach the Supreme Court and ask it to club all cases pertaining to the Real Estate Act filed in different high courts. This would mean one court will hear all these cases.
The Uttar Pradesh government has decided that the Yamuna Expressway Industrial Development Authority (YEIDA) will be the nodal agency to set up the international airport at Jewar, Greater Noida. The YEIDA will work on behalf of the state, and start acquiring land for the project. Funds amounting to nearly Rs 4,000 crore for the first phase of the project will be provided by the state government.
Municipal corporations can't insist on a no-objection certificate (NOC) from other floor owners if one of them wants to raise an additional floor. The Delhi High Court has re-iterated that such a demand for an NOC is unwarranted in cases where the property has been partitioned, and the owners of a floor wish to raise additional constructions on top.
Source: Media reports