Q: RERA has brought compliance to quality control, centre-stage in the real estate sector. Does this bode well for corporate developers like Mahindra Lifespaces, for whom being compliant to quality control requirements, is anyway … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016, is a landmark legislation in the history of Indian real estate. It is a comprehensive statute that establishes the Real Estate Regulatory Authority, to regulate the … READ FULL STORY
On May 1, 2017, all 92 provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA or the Act) were brought into force. The Act has introduced new obligations on real estate developers … READ FULL STORY
The Maharashtra state legislative assembly has approved an amendment to the Mumbai Municipal Corporation Act, 1888, proposing to levy a one per cent surcharge on stamp duty, on transfers of certain immovable properties. It … READ FULL STORY
What is land banking and how does the business of land banking work? Land banking is the practice of aggregating parcels or blocks of land at current market rates or lower, for future sale … READ FULL STORY
The much-awaited Development Plan (DP) 2034 of Mumbai was unveiled by the state government in May 2018, as the ‘Development Control and Promotion Regulation 2034 (DCPR 2034)’ and was put up for public suggestions. … READ FULL STORY
The significant fall in the value of the Indian rupee in the last six months, may be a cause for considerable concern, especially for the realty sector in India. A weak rupee against the … READ FULL STORY
The Government of India enacted the Real Estate (Regulation and Development) Act 2016 on 26th March 2016 and all its provisions came into effect, from May 1, 2017. Developers have been given until the … READ FULL STORY
A palatial villa in Golf Links or Jor Bagh may be every home seeker’s dream but not everyone can turn it into reality. When it comes to realistic dreams, most of Delhi’s middle-class, salaried … READ FULL STORY
The Latin phrase ‘caveat emptor’, which literally means ‘buyer beware’, is applicable in all the deals of purchases made by you, from small value items to big-ticket items like a house. When you buy … READ FULL STORY
An occupancy certificate (OC), issued by the local authorities, certifies that a building is fit for occupation and has been constructed as per the approved plan and in compliance with local laws. What … READ FULL STORY
As of now, 28 states and union territories (UTs) have notified the Real Estate (Regulation and Development) Act (RERA) in the country, Housing and Urban Affairs Ministry spokesperson, Rajeev Jain said. According to the … READ FULL STORY
Greater Noida West not only enjoys the advantage of being strategically located but also has affordable property prices. In an exclusive interview with Housing.com News, Nitish Jain, director of Arihant Group, maintains that Noida … READ FULL STORY
