Speaking at the 27th All India Builders’ Convention of Builders’ Association of India, vice-president M Venkaiah Naidu, on January 19, 2018, sought to assure developers that ‘The Real Estate Regulation Act is for promotion … READ FULL STORY
The Goa government, on January 17, 2018, launched a website providing online registration facility for builders under the Real Estate (Regulation and Development) Act (RERA). The government set a deadline of February 24, 2018, … READ FULL STORY
According to a report by property consultant Cushman & Wakefield, private equity (PE) investments in the realty sector grew by 17 per cent in 2017 to Rs 42,800 crores, as against Rs 36,590 crores … READ FULL STORY
Gurugram was the only city to witness improvement, both, in new launches and sales, by 55 per cent and 27 per cent, respectively, in 2017, according to the ‘Realty Decoded Report’ for Calendar Year … READ FULL STORY
While a large section of developers have called 2017 as a year of consolidation, 2018 could be a year of confusion. The regulatory changes of 2017 have left many developers confused over streamlining of … READ FULL STORY
The year 2017 witnessed several major events that impacted the real estate sector – from policy-related announcements and reforms, to interest rate changes, tax related announcements and the attempt to shift to a cashless … READ FULL STORY
The work of the Real Estate (Regulation and Development) Act, 2016, which mandates the establishment of the Real Estate Regulatory Authority (RERA), will be looked after by the Urban Affairs Ministry, an order issued … READ FULL STORY
When Rakshit Punetha bought a house in a newly-launched project, his broker promised that all the woodwork in his apartment would be done, as part of an ‘early bird’ offer. He was also promised … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on December 6, 2017, launched a mobile application and a web portal, aimed at enabling the civic body to offer its services using the latest technology. “Through the mobile … READ FULL STORY
The Bombay High Court, on December 6, 2017, upheld the validity of the Real Estate (Regulation and Development) Act (RERA). A bench of justices Naresh Patil and Rajesh Ketkar, pronounced its judgement on a … READ FULL STORY
Rapidly increasing urbanisation in India, is placing increasing pressure on the country’s housing stock. There is presently a shortage of 20 million homes across urban India and with 10 million more people choosing to … READ FULL STORY
India’s real estate sector will quickly adapt to the recent regulatory changes, like demonetisation, RERA and the GST, according to Bijay Agarwal, managing director, Salarpuria Sattva Group. In an exclusive interview with Housing News, … READ FULL STORY
A report by global property consultancy Cushman & Wakefield and real estate data analytics and workflow solutions firm Propstack, has pegged the total of number of under-construction residential units registered under MahaRERA, at 6,70,339 … READ FULL STORY
