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
With the demand for residential and commercial properties growing constantly, the number of developers offering remarkable structures, to attract potential buyers, is also growing. However, physical safety of residents is a pre-requisite to the … READ FULL STORY
With the Real Estate (Regulation and Development) Act (RERA) coming into force, as well as various other policy initiatives such as the Benami Transactions Act and the government’s push to affordable housing, we are … READ FULL STORY
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
Despite a slew of measures to arrest the slump, by the government and the Reserve Bank of India (RBI) to boost liquidity and revive demand, a latest survey by Knight Frank, FICCI and NAREDCO, … READ FULL STORY
The Supreme Court delivered a historical decision, on July 23, 2019, in the case of Amrapali Group of Companies, which has wider ramifications for home buyers across the country. Let us discuss the decision … 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
An ongoing slowdown in sales notwithstanding, institutional investors’ confidence in the potential of India’s real estate sector continues to grow, with investments more than tripling to Rs 1,400 billion during 2014-2018, as compared to … READ FULL STORY
The Draft Model Tenancy Act will soon be sent to the union cabinet for approval and will be circulated to the states, Durga Shankar Mishra, secretary, Ministry of Housing and Urban Affairs said, while … READ FULL STORY
An association of home buyers has approached a Delhi court, seeking prosecution of a real estate company and its officials under the stringent law MCOCA, to curb ‘organised crime’ in the real estate sector. … READ FULL STORY
A Delhi High Court bench of chief justice DN Patel and justice C Hari Shankar, on July 24, 2019, issued notice to the Real Estate Regulatory Authority (RERA) and the Delhi Development Authority (DDA), … READ FULL STORY
While consolidation has been an ongoing phenomenon for some time, recent mergers, acquisitions and joint developments, are underscoring this trend like never before. The Indian residential sector saw a series of disruptions in the … READ FULL STORY
