Has the RERA been effective in Indian states?
The RERA has received praise from the industry and its stakeholders, ever since it came into force in May 2016. However, we look at the areas where the law can be improved, to ensure that it is as effective as it was intended to be
Sneha Sharon MammenOct 2020
Real estate basics part 2 - OSR, FSI, Loading and Construction Stages
Do you find yourself constantly Googling terms when you are talking with a real estate agent? Do not worry, you are one among many! While doing business that involves an under-construction building, it pays to know the real estate terms associated with the building stages and other processes. Loading Factor, FSI and OSR are terms used with respect to the area you will be charged for. The base cost may say something but the end result could cost you a lot more – the base cost may be in your budget but when costs like the common areas, maintenance charges, etc., are factored in, the total cost shoots up
Resident BloggerOct 2020