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HC remains proposed hike in registration fee for realty brokers

HC remains proposed hike in registration fee for realty brokers

March 17, 2019
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Home Property Dealers

HC remains proposed hike in registration fee for realty brokers

by Vicki Horton
March 17, 2019
in Property Dealers
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Real estate brokers who had approached the Punjab and Haryana High Court against the Haryana Real Estate Regulatory Authority’s (HRERA’s) call for for higher registration charge, got relief from the court docket which stayed the call for made by using the authority on Friday. The agents, who are registered with the authority, had hostile the HRERA’s selection to equate sole proprietorship companies with other entities such as sole partnership company or a organisation. The brokers submitted that by way of doing so, the authority became asking them to pay Rs 2.25 lakh extra as yearly registration rate, which, they claimed, became unjust and towards 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 to is Sept.

 

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 one and the same. “The interpretation of HRERA, that an man or woman was different from his brand name and that it isn’t always an man or woman, isn’t proper,” he said. Despite heaving a sigh of comfort, the brokers maintained that the HC live become handiest a partial victory for them. “This order needs to keep ground in the long run in order that agents get justice. It is not possible to pay such money in Gurugram and additionally get licences in other states, together with Delhi, Noida and Rajasthan,” said Ravinder Aggarwal, a broker, who’s a part of the 40-member group that approached the court. The broker network also desires the authorities to take into account a unmarried licence for agencies across the united states of america rather of getting registered one by one in every state. “If we can have a unmarried licence 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 to be settled so we don’t face audit issues. If it is determined of their favour, we welcome it. We haven’t any troubles. We ourselves requested them to go to the High Court in order that this difficulty is cleared. They are our companions in realising growth of actual estate in Gurugram.”

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