I have seen people selling a single property to several people at the same time or asking for unnecessary taxes. My uncle had once booked a 3bhk house but later was asked to pay several taxes which he had never heard of and ultimately had to cancel the purchase. Later we all knew that as per RERA or Real Estate Regulatory Authority, no such taxes need to be paid so uncle indeed took a good decision and canceled it. RERA has helped to bring transparency in the real estate industry. The RERA Appellate Tribunal is a quasi-judicial body that adjudicates problems or chaos arising between developers and buyers or developers and allottees. Thus if your ever witness any real estate problem, it is better to go to the The RERA Appellate Tribunal and raise your concern.
Contact NoBroker Legal Services’ experts and get all your real estate legal queries answered.
What is Appellate Tribunal?
Appellate Tribunal is a quasi-judicial body formed to hear appeals against the orders of the Adjudicating Authority and the authorities mentioned under the said Act. It has been formed by the Central Government.
What are the powers of the Appellate Tribunal?The powers that resist with this body are:
Power to restore ex-parte order
Power to restore appeal
Power to remand
Power to admit new plea
Power of review
Power of rectification
Power to recall its order.
The real estate Appellate Tribunal has indeed been helpful to eradicate the discrepancies and resolves the cases within a short time.
What is the composition of the Appellate Tribunal?The Appellate Tribunal consists of a chairperson and two members appointed by the central government.
I hope this information gives you an idea of RERA appellate tribunal.
Read More:
What is National Company Law Appellate Tribunal?
What is NCLT?
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What Is Appellate Tribunal?
Semanti
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2022-08-03T09:29:37+00:00 2022-08-03T09:29:39+00:00Comment
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