In a welcome news for home buyers, the union cabinet, on May 23, 2018, has reportedly approved amendments to the Insolvency and Bankruptcy Code (IBC) 2016, allowing home buyers the status of financial creditors. … READ FULL STORY
In today’s technology-driven market environment, data rules. For India’s real estate market, the importance of data was underlined in bold strokes by the implementation of the Real Estate (Regulation and Development) Act (RERA). No … READ FULL STORY
The total carpet area of projects registered under MahaRERA, as per recent data available, was 84.62 million sq ft, of which, the total sold area was 43.5 million sq ft – or 51 per … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA), has been implemented with the purpose of enhancing transparency, mitigating information asymmetry and applying a uniform ‘code of conduct’ for developers across various states. It seeks … READ FULL STORY
With Maharashtra setting up a regulator in accordance with the Real Estate (Regulation and Development) Act (RERA), it joins a small community of states that have notified their respective realty regulators to be set … READ FULL STORY
The Lok Sabha, on March 29, 2017, cleared four bills in preparation of the upcoming rollout of the Goods and Services Tax (GST) regime: Integrated GST Central GST Union territory GST Compensation bill This … READ FULL STORY
1. Global capital flow into Indian real estate will increase further India was ranked fourth in developing Asia for FDI inflows, as per the World Investment Report 2016 by the United Nations Conference for … READ FULL STORY
India is home to six of the world’s 30 most dynamic cities. In JLL’s City Momentum Index (CMI) 2017, the country’s primary IT and technology hub, Bengaluru, sits at the top. It is followed … READ FULL STORY
It makes for a telling revelation that considering the 11,500 developers under the CREDAI (Confederation of Real Estate Developers’ Associations of India) umbrella, the number of developers who have consistently delivered projects across all … READ FULL STORY
The real estate markets in India, seem to be aligning themselves to market realities in more ways than one. For the first time after 2008, residential apartments sold across India in the first three … READ FULL STORY
The start-up ecosystem in the country, which for long depended solely on angel investors and venture capitalists, has today been buoyed by a slew of initiatives, like the central government’s Startup India. Along with … READ FULL STORY
The recently-released Maharashtra State Housing Policy, proposes redevelopment of buildings in 104 layouts of the state-run Maharashtra Housing and Area Development Authority (MHADA) in Greater Mumbai. A developer will be eligible for an FSI … READ FULL STORY
