On October 8, 2020, Ladakh became the 34th state/union territory to notify its rules under the Real Estate (Regulation and Development) Act (RERA). This move by the union territory (UT), is expected to usher … READ FULL STORY
To restore the belief of the customers and investors in the real estate industry, the government established a guideline model named RERA (Real Estate Regulatory Authority) to ensure transparency, accountability with equitable transactions in … READ FULL STORY
Prior to every Union Budget, real estate stakeholders get into a huddle to set the narrative that could influence the fiscal policy. They are conscious of the fact that the business of real estate … READ FULL STORY
Even though India’s much-touted Real Estate (Regulation & Development) Act, 2016, or RERA Act became a law nearly five years back, some states have shown little progress in implementing this pro-home buyer legislation. The … READ FULL STORY
There have been cases galore, where home buyers have faced delays in getting the possession of their flats. In many cases, the delays have been for more than five to six years. Some developers … READ FULL STORY
After the implementation of the Real Estate (Regulation and Development) Act (RERA), home buyers are optimistic that the new law will protect their interests. However, the moot question is, whether people know how to … READ FULL STORY
India has emerged as one of the fastest-growing economies in recent times and is slated to bounce back strongly, once the COVID-19 pandemic dies down. The World Bank and the International Monetary Fund (IMF) … READ FULL STORY
The Supreme Court (SC), on May 4, 2021, struck down West Bengal’s version of the real estate law, terming it ‘unconstitutional’, for encroaching upon the authority of a central law on this subject. A … READ FULL STORY
The COVID-19 pandemic has made one realise the value of real estate as an asset class, which is more reliable, as compared to the volatile and risky stock market. Moreover, interest rates have reduced, … READ FULL STORY
The area of a property is often calculated in three different ways – carpet area, built-up area and super built-up area. Hence, when it comes to buying a property, this can leads to a … READ FULL STORY
As Maharashtra enters a ‘semi-lockdown’ situation, amid record-high Coronavirus infections nationwide, the construction sector is also facing an impact. Developers are once again dependent on virtual marketing efforts and serious home buyers are keen … READ FULL STORY
The market has welcomed the host of announcements in Budget 2021 that are being seen as a measure to revive the economy. From health to infrastructure, finance minister Nirmala Sitharaman’s third Budget speech tackled … READ FULL STORY
Following the significant change in dynamics in the real estate market, after the implementation of the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST), channel partners are increasingly … READ FULL STORY
