Maharashtra accounts for around 17,125 projects registered under the RERA so far, out of a total of 31,500 registered projects, says a joint report by industry body FICCI and Grant Thornton. The Real Estate … READ FULL STORY
The issue of transparency in secondary or resale real estate transactions, has indeed been on everyone’s minds, ever since the Real Estate (Regulation and Development) Act (RERA) stepped in, to rescue the primary or … READ FULL STORY
The centre does not maintain information about various housing projects of any state or union territory and their completion status but the state governments are required to maintain a website, with relevant details for … READ FULL STORY
Implementation of the Real Estate (Regulation and Development) Act, creation of a water grid, construction of a regional ring road and satellite townships, are planned during 2018-19, Telangana minister of municipal administration, KT Rama … READ FULL STORY
New launches across the top nine cities declined by 20 per cent in Q2 2018 (April, May and June) over Q2 2017, whereas, sales were within two per cent of last year, according to … READ FULL STORY
Pan-India home buyer’s body, Forum For People’s Collective Efforts (FPCE), has written to president Ram Nath Kovind, requesting him not to give his assent to the Housing Industry Regulation Act (HIRA) notified by the … READ FULL STORY
According to data from job site Indeed, the real estate sector in India has seen a drop in the number of job postings, by eight per cent from May 2017 to May 2018, in … READ FULL STORY
Union housing and urban affairs secretary Durga Shanker Mishra, on July 17, 2018, interacted with representatives of 29 states and union territories, for expediting the compliance to the Real Estate (Regulation and Development) Act, … READ FULL STORY
In a letter to MahaRERA chief Gautam Chatterjee, consumer body Mumbai Grahak Panchayat (MGP) has said that real estate web portal companies operating in Maharashtra, have to be treated as ‘real estate agents’ under … READ FULL STORY
Pune has witnessed a steep drop in the number of new apartments being launched, leading to a reduction in the total inventory under development, as well as a reduction in the absolute number of … READ FULL STORY
The new regulatory changes and the changing market dynamics, will not adversely challenge the end-user driven markets, says Ashish R Puravankara, managing director of Puravankara Limited. In an exclusive interview with Housing News, Puravankara … READ FULL STORY
Maharashtra’s real estate regulator MahaRERA chief Gautam Chatterjee, while welcoming the central government’s decision to empower home buyers by giving them the status of financial creditors under the bankruptcy law, however, added that the … READ FULL STORY
The centre will soon send a team to urge the West Bengal government, to switch over to the Real Estate (Regulation and Development) Act (RERA) to protect home buyers’ interest, an official has said. … READ FULL STORY
