The union government of India recently notified the rules under the Real Estate Regulation Act, which will be applicable to the five union territories. Now, all the states are expected to notify their own … READ FULL STORY
The initial euphoria generated after the notification of the Real Estate (Regulation & Development) Act (RERA), on May 1, 2016, is now waning, with increasing doubts over its effectiveness in protecting the consumers’ interests. … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA), aimed at offering protection to home buyers, is expected to have a negative impact on home price. “There will be an increase in price of homes, … READ FULL STORY
Global realty investments into India, rose by 3 per cent annually in the last two years and they are likely to see a similar trend in 2017 as well, according to a report by … READ FULL STORY
Did demonetisation erase black money in real estate? Just a couple of months ago, demonetisation appeared to have taken all the remaining steam out of our Indian real estate’s sails. Sales in the significantly … READ FULL STORY
When Surinder Kumar (name changed), a central government employee, shifted to New Delhi after his promotion, he moved into a two-bedroom rented apartment in an upmarket society in Dwarka. His landlord, who lived abroad, … READ FULL STORY
Although developers have publicly welcomed the Real Estate Regulation Act (RERA), there seems to be definite concern, as the deadline for its implementation by states, by May 1, 2017, fast approaches. With numerous projects … READ FULL STORY
With Maharashtra setting up a regulator in accordance with the Real Estate (Regulation and Development) Act (RERA), it joins a small community of states that have notified their respective realty regulators to be set … READ FULL STORY
PropTiger.com, on April 26, 2017, released the findings of its ‘Realty Decoded Report’ for the January-March quarter of the financial year 2016-17 (Q4, FY17). As per the report, the real estate sector in India … READ FULL STORY
The subscribers of the Employees Provident Fund Organisation (EPFO), will now be able to withdraw up to 90 per cent of their accumulations in their PF account, for purchase of homes. EPFO users can … READ FULL STORY
The long term growth of the real estate market, depends a lot on how the home buyers are empowered to take decisions and given a platform to fight for their rights. Legal recourse is … READ FULL STORY
A draft of a scheme to regularise unapproved housing plots and layouts in Tamil Nadu, has already been prepared and was under circulation, Advocate General R Muthukumaraswamy informed the Madras High Court, on April … READ FULL STORY
Union Minister, M Venkaiah Naidu, on April 20, 2017 exuded confidence that states would meet the deadline of notifying the real estate rules, with only 10 days left for the implementation of the Realty … READ FULL STORY
