Although real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) are popular in the European and American markets, they have not had an enthusiastic launch in India. Since the introduction of the REIT … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016 (RERA), which is meant to safeguard the rights of the home buyers and provide speedy redressals, has faced significant hurdles in its own implementation, ever since … READ FULL STORY
The Maharashtra government is planning to amend the law and provide for the termination of contracts with private builders, if they do not complete the projects of the Maharashtra Housing and Area Development Authority … READ FULL STORY
The real estate market in Gurugram, in the Delhi-NCR, has witnessed significant changes over the past few years. With the prime areas reaching saturation, in terms of occupancy and prices, Gurugram may also see … READ FULL STORY
The Supreme Court, on May 10, 2018, found that the embattled real estate firm Amrapali Group, in its affidavit filed before it, had said that Rs 2,766 crores were diverted to two other companies. … READ FULL STORY
While the Real Estate (Regulation and Development) Act (RERA) has mandated that developers have compulsory title insurance, it is imperative to understand why the issues related to unclear land titles, have not been addressed. … READ FULL STORY
The Bombay High Court, recently, upheld the constitutional validity of the Real Estate (Regulation and Development) Act (RERA) and made it applicable to unfinished projects as well, in a ruling that may have implications … READ FULL STORY
A pan-India survey by Track2Realty Brand X Report 2017-18, finds that a large number of Indians are not convinced with reforms like the Real Estate (Regulation and Development) Act (RERA), demonetisation, the Goods and … READ FULL STORY
It has been one year, since the Real Estate (Regulation and Development) Act (RERA), came into effect on May 1, 2017. In this period, different states have seen varying results, vis-à-vis the implementation of … READ FULL STORY
After making it compulsory to link Aadhaar numbers with a large number of services and financial instruments, there have been sporadic reports that the government may also link property transactions with the unique ID. … READ FULL STORY
The real estate sector in India has witnessed significant transformation over the past few years. Policy reforms, like the Real Estate (Regulation and Development) Act (RERA), announcements for affordable housing projects in the annual … READ FULL STORY
Ready Reckoner (RR) rates indicate the value of land or residential and commercial properties of an area, determined by the state government and are published annually. RR rates vary as per the area under … READ FULL STORY
The Indian real estate market, which was at its lowest level in the past four to five years, has witnessed a recovery in 2018, owing to greater transparency and greater consolidation, says a report … READ FULL STORY
