Many developers in the market, often come out with schemes that can be deemed ‘suspicious’ and have the potential to damage the interests of home buyers. A ‘buyback guarantee’ is one such scheme, where … 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
When it comes to a women home buyers and investors, they are now getting special attention from the government and banks. “As women increasingly become financially independent, their propensity to purchase a home and … READ FULL STORY
The Real Estate Regulatory Authority, Punjab, has decided to give one more chance to those promoters, who had not applied for registration of their projects till December 31, 2017. The authority has asked such … READ FULL STORY
The Goa government, on January 17, 2018, launched a website providing online registration facility for builders under the Real Estate (Regulation and Development) Act (RERA). The government set a deadline of February 24, 2018, … READ FULL STORY
The first bench of the Madras High Court, comprising chief justice Indira Banerjee and justice Abdul Quddhose, disposed of a PIL filed by advocate ‘Elephant’ G Rajendran, seeking to restrain the Puducherry government from … READ FULL STORY
Buying a house seems to be an important goal, not only for newly-married people, but also for people who are single and earning and are planning to marry, unlike the previous generations who would … READ FULL STORY
A notification issued by the West Bengal Finance Department, on December 19, 2017, said that to ensure the presence of rayats/sellers at the Additional District Sub-Registrar (ADSR) office at the time of registration, the … READ FULL STORY
The Telangana government is keen on exploring the use of blockchain technology, to bring transparency in land registrations, the principal secretary for information technology, Jayesh Ranjan said, while addressing ‘GAMBIT’, a conference on ‘Bitcoins … READ FULL STORY
Beyond the political overtones, the economics of the existing taxation structures, do not indicate a smooth transition, if the real estate sector were to be brought under the Goods and Services Tax (GST). There … READ FULL STORY
The total carpet area of projects registered under MahaRERA, as per recent data available, was 84.62 million sq ft, of which, the total sold area was 43.5 million sq ft – or 51 per … READ FULL STORY
Haryana revenue minister Abhimanyu, on August 22, 2017, said that the state’s revenue department had rolled out a cloud-based, centralized, online system, ‘Web-HALRIS’, to manage property registrations and land records in the state. He … READ FULL STORY
MahaRERA chairperson Gautam Chatterjee, recently revealed that the state regulator had received 30 complaints so far, on which the hearing process had started. “These complaints mainly pertain to delays in project completion,” Chatterjee said, … READ FULL STORY
