Although the Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016 and all the 92 sections of the Act come into effect from May 1, only 13 states and … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016, popularly known as RERA, came into effect from May 1, 2017, as was originally stipulated a year ago. It is not as if the states have … READ FULL STORY
Union Minister M Venkaiah Naidu has asked the chief ministers to soon notify the rules under the Real Estate Act, which came into force on May 1, 2017. “It is a matter of concern … READ FULL STORY
Noting that the Real Estate (Regulation and Development) Act (RERA), had the potential to bring about a paradigm shift in the way the real estate industry operates and improve the level of transparency and … READ FULL STORY
West Bengal Housing Minister, Sovan Chatterjee, has said that although the state was working on the Real Estate (Regulation and Development) Act (RERA), “I am unable to tell, by when we will be able … READ FULL STORY
Lenders who fund developers for real estate projects, have expressed concern that their role is not covered or lacks clarity under the Real Estate (Regulation and Development) Act (RERA). Consequently, bankers indicated that they … READ FULL STORY
The initial euphoria generated after the notification of the Real Estate (Regulation & Development) Act (RERA), on May 1, 2016, is now waning, with increasing doubts over its effectiveness in protecting the consumers’ interests. … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA), aimed at offering protection to home buyers, is expected to have a negative impact on home price. “There will be an increase in price of homes, … 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
With Maharashtra finalising the rules under the real estate act, its Housing Regulatory Authority will start operating from May 1, 2017, said a government official. The Authority has been set up under the Real … READ FULL STORY
Union Minister, M Venkaiah Naidu, on April 20, 2017 exuded confidence that states would meet the deadline of notifying the real estate rules, with only 10 days left for the implementation of the Realty … 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
People usually buy real estate stock, as they consider it to be a safe investment. They know that it is a key sector which goes through many temporary and cyclical phases. As per the … READ FULL STORY
