Realty prices in the country, have been impacted by various factors over the past year, such as the GST, RERA, demonetisation and the support to affordable housing. Experts point out that property prices were … READ FULL STORY
The union government of India recently notified the rules under the Real Estate Regulation Act, which will be applicable to the five union territories. Now, all the states are expected to notify their own … READ FULL STORY
Although developers have publicly welcomed the Real Estate Regulation Act (RERA), there seems to be definite concern, as the deadline for its implementation by states, by May 1, 2017, fast approaches. With numerous projects … READ FULL STORY
The long term growth of the real estate market, depends a lot on how the home buyers are empowered to take decisions and given a platform to fight for their rights. Legal recourse is … READ FULL STORY
With the Real Estate Regulation Act (RERA) set to be implemented from May 1, 2017, state governments and consumer activists are actively discussing the rules that could protect the home buyer’s interests. While the … READ FULL STORY
In an exclusive interview with Housing News, Boman Irani, secretary of the Confederation of Real Estate Developers’ Associations of India (CREDAI), explains that regulatory changes, such as the passing of the Real Estate Act, … READ FULL STORY
Although a rating system for real estate exists in India, this system has not evolved and is also prone to criticism, vis-à-vis its objectivity. Analysts maintain that real estate ratings, have to evolve beyond … READ FULL STORY
On November 8, 2016, the Government of India de-notified currency notes of Rs 500 and Rs 1,000 as legal tender. The temporary shortage of cash adversely impacted several sectors that depended on cash, notably … READ FULL STORY
Who is the trend-setter in the real estate market? Is it end-users or investors? This question is especially relevant now as we are in the midst of another slowdown. To stimulate activity, property developers … READ FULL STORY
Sandeep Doke Senior manager – telecom industry, Pune Home buyers’ confidence in the real estate industry, is likely to increase, if the Real Estate Regulation Act (RERA) is implemented at the earliest. Demonetisation has … READ FULL STORY
Post demonetisation, the real estate industry expects the government to initiate measures that boost ‘consumption’, during the upcoming budget. The challenge for the government, is to grow the economy while maintaining fiscal prudence. A … READ FULL STORY
There has not been any precedence of major interest rate cuts, ahead of the union budget’s presentation. On the contrary, major financial policy decisions are put on hold or deferred, ahead of the budget. … READ FULL STORY
The real estate sector has been plagued by many challenges, including delays in projects owing to funding issues, complicated government diktats, unclear records and land titles and delays in obtaining approvals. The passage of … READ FULL STORY
