There is no doubt that since May 1, 2016, when the Real Estate (Regulation and Development) Act, 2016 (RERA) came into force, the Indian real estate market has taken a giant step in the … READ FULL STORY
While economists and analysts are unanimous in their opinion that the recovery of the real estate sector is inevitable, what is being debated, is the time that it would take, for things would get … READ FULL STORY
From the zamindari system in 1947 to the Affordable Rental Housing Complexes scheme (ARHC) in 2020, the Indian real estate sector has come a long way. In fact, the past few years have witnessed … READ FULL STORY
Under the Real Estate (Regulation and Development) Act (RERA), which came into force on May 1, 2017, real estate agents will need to register themselves, to be able to facilitate a transaction. The broker … READ FULL STORY
In Indian culture and tradition, especially in terms of ‘muhurats’, Akshaya Tritiya (the third day of the Vaishakha month, as per the Hindu calendar) which falls on April 26 this year, is by far … READ FULL STORY
The chairman of the Central Board of Direct Taxes (CBDT), Pramod Chandra Mody, has said the tax payers’ charter announced in Budget 2020, will be notified very soon and once operationalised, India will be … READ FULL STORY
While affordable housing has high demand in India and can contribute significantly towards building sustainable urban spaces, several challenges need to be addressed so that this segment, which accounts for most of the unsold … READ FULL STORY
A division bench of the High Court of Delhi (High Court) by judgment dated September 4, 2019 in Messrs M3M India Private Limited & Anr v. Dr Dinesh Sharma & Anr (CM (M) 1244 … READ FULL STORY
The largest bank of the country, State Bank of India (SBI) has announced a scheme to provide relief to its customers, in the form of a guarantee for the timely completion of the project … READ FULL STORY
A visit to the project site, seeking updates on the status of the construction of their 2BHK remained futile for the Rahejas, as they were not allowed to enter the site. Priyankar Mitra, who … READ FULL STORY
The year 2020 is fast approaching and many new trends are likely to unfold, at the start of this new decade. Today, we notice that almost two-thirds of urban decision-making is search-based, mostly done … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) has brought to the fore a growing incidence of consumer dissatisfaction, in dealing with real estate developers and service providers. Delays in project deliveries, cost escalations … READ FULL STORY
A decision to allow a ‘zero period’ benefit to builders, has been taken at a meeting of the Uttar Pradesh cabinet chaired by chief minister Yogi Adityanath, on December 3, 2019. Under the benefit, … READ FULL STORY
