Property Dealers

HC remains proposed hike in the registration price for realty brokers

Real estate agents who had approached the Punjab and Haryana High Court towards the Haryana Real Estate Regulatory Authority’s (HRERA’s) call for the higher registration fee got alleviation from the court, which stayed the demand made by the authority on Friday.

The agents, who are registered with the authority, had adverse HRERA’s selection to equate sole proprietorship companies with other entities such as sole partnership firms or employers. The agents submitted that by way of doing so, the authority was asking them to pay Rs 2.25 lakh extra as a yearly registration rate, which, they claimed, was unjust and against the norms.

HC remains proposed hike in the registration price for realty brokers 1

After listening to the matter on Friday, Justice RK Jain of Punjab and Haryana High Court granted a stay at the direction of the authority, stated Ashish Chopra, suggest, who appeared for petitioners.

“The courtroom gave respite to the petitioners, who were dealing with deregistration from August 31. They had petitioned the court on August sixteen. The subsequent date of hearing is 11th of September,” he added.

Chopra stated their submission to the court turned into that sole proprietorship isn’t always a separate entity from an individual, and each is one and the equal.

“The interpretation of HRERA, that a person became unique from his brand call and that it is not a man or woman, is not right,” he said.

Despite having a sigh of relief, the agents maintained that the HC stay become handiest, a partial victory for them.

“This order wishes to hold floor ultimately so that agents get justice. It isn’t feasible to pay such money in Gurugram and additionally get licenses in different states, along with Delhi, Noida, and Rajasthan,” stated Ravinder Aggarwal, a booking, who’s a part of the 40-member organization that approached the courtroom.

The broking community additionally wishes the government to consider a single license for businesses across the country alternatively of getting registered one at a time in each nation.

“If we can have an unmarried license for everything, then why not for agents?” Aggarwal questioned.

Meanwhile, HRERA (Gurugram) chairperson KK Khandelwal stated, “It is their proper to method a better forum for complaint redressal. We need this problem to be settled, so we don’t face audit problems. If it is determined in their favor, we welcome it. We haven’t had any troubles. We ourselves asked them to go to the High Court so that this trouble is cleared. They are our partners in realizing an increase of actual estate in Gurugram.”

Margie Willis

When I decided to start blogging about real estate, I knew this would be a long journey. I was right. As you can see, I've grown my blog over the years and now have many followers. The reason why I started blogging is that I wanted to share my passion for designing and decorating my own home. I want to help people with home improvement ideas, trends, and inspiration.

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