Real estate brokers who had approached the Punjab and Haryana High Court against the Haryana Real Estate Regulatory Authority’s (HRERA’s) call for higher registration charges got relief from the court docket, which stayed the call made by using the authority on Friday. The agents registered with the power were hostile to the HRERA’s selection to equate sole proprietorship companies with other entities such as exclusive partnership companies or an organization. The brokers submitted that by doing so, the authority asked them to pay Rs 2.25 lakh extra as a yearly registration rate, which, they claimed, became unjust and against the norms. After listening to the matter on Friday, Justice RK Jain of Punjab and Haryana High Court granted a stay on the course of the authority, said Ashish Chopra, advise, who appeared for petitioners. “The court docket gave respite to the petitioners, who have been dealing with deregistration from August 31. The next date of listening is September 11,” he introduced. They had petitioned the courtroom on August 16. Chopra stated their submission to the court was that sole proprietorship is not a separate entity from an individual, and both are the same. “The interpretation of HRERA, that a man or woman was different from his brand name and that it isn’t always a man or woman, isn’t proper,” he said. Despite having a sigh of comfort, the brokers maintained that the HC life becomes the handiest, a partial victory. “This order needs to keep ground in the long run so that agents get justice. It is not possible to pay such money in Gurugram and additionally get licenses in other states, together with Delhi, Noida, and Rajasthan,” said Ravinder Aggarwal, a broker who’s part of the 40-member group that approached the court.
The broker network also desires the authorities to consider an unmarried license for agencies across the United States of America rather than getting registered one by one in every state. “If we can have an unmarried license for the entirety, then why not for brokers?” Aggarwal wondered. Meanwhile, HRERA (Gurugram) chairperson KK Khandelwal stated, “It is their proper to approach a higher discussion board for complaint redressal. We need this difficulty settled so we don’t face audit issues. If it is determined in their favor, we welcome it. We haven’t had any troubles. We requested them to go to the High Court to clear this difficulty. They are our companions in realizing growth of actual estate in Gurugram.”
