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Showing posts with label Enforcement Directorate. Show all posts
Showing posts with label Enforcement Directorate. Show all posts

Friday, 16 April 2021

RERA has superseding powers on Directorate of Enforcement as far as protection of homebuyer rights are concerned

 Before Ld. RERA Rajasthan:

Hydepark landowners association V. Adarsh Buldestate Ltd. (ABL)and others Complaint No. RAJ-RERA-C-201 9-31 69

The Authority has ruled that RERA has superseding powers on Directorate of Enforcement as far as protection of homebuyer rights are concerned;

it has Also ruled that valuation of “proceeds of crime” connected to a project cannot be more than actual amount invested towards the construction. Such a valuation can be arrived at through a government approved valuer by already legally settled principles of calculation methodology.

The Complete order can be seen at