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Tag: RERA

Home » RERA » Page 15

Property Trends
By Lt Gen Mathew Mammen (Retd)May 18, 2021

RERA: Transforming the real estate sector, though challenges remain

India has emerged as one of the fastest-growing economies in recent times and is slated to bounce back strongly, once the COVID-19 pandemic dies down. The World Bank and the International Monetary Fund (IMF) … READ FULL STORY

Current News
By Sunita MishraMay 16, 2021

SC strikes down West Bengal’s real estate law, HIRA

The Supreme Court (SC), on May 4, 2021, struck down West Bengal’s version of the real estate law, terming it ‘unconstitutional’, for encroaching upon the authority of a central law on this subject. A … READ FULL STORY

Property Trends
By Ravi SinhaApril 29, 2021

What should buyers do when a distressed project gets a new builder?

Today, there are a lot of distressed properties in the market, where mergers and/or takeovers are happening. While it makes sound business sense for the builders of stressed assets, as well as the party … READ FULL STORY

Property Trends
By Purnima Goswami SharmaApril 28, 2021

A quick guide to choosing between a ready-to-move-in and under-construction house

The COVID-19 pandemic has made one realise the value of real estate as an asset class, which is more reliable, as compared to the volatile and risky stock market. Moreover, interest rates have reduced, … READ FULL STORY

Legal
By Ravi SinhaMay 3, 2021

How can buyers deal with one-sided clauses in builder-buyer agreements?

A common concern of home buyers pertains to one-sided builder-buyer agreements that are drafted primarily to safeguard the interests of the developers. Using their dominant position in the transaction, developers often insert clauses in … READ FULL STORY

Must Knows
By Vibha SinghJuly 8, 2023

RERA carpet area: How carpet area definition changes in RERA

The area of a property is often calculated in three different ways – carpet area, built-up area and super built-up area. Hence, when it comes to buying a property, this can leads to a … READ FULL STORY

Property Trends
By Surbhi GuptaApril 1, 2024

Amid COVID-19, builders lure home buyers with Gudi Padwa offers

As Maharashtra enters a ‘semi-lockdown’ situation, amid record-high Coronavirus infections nationwide, the construction sector is also facing an impact. Developers are once again dependent on virtual marketing efforts and serious home buyers are keen … READ FULL STORY

Must Knows
By Sunita MishraJuly 8, 2021

All about Consumer Protection Act 2019

Amid a remarkable change in the way products and services are marketed, sold and delivered in an ecosystem that relies heavily on technology, India repealed its three-decade old consumer protection law to launch an … READ FULL STORY

Must Knows
By Sunita MishraApril 28, 2022

30 terms all home buyers should know

Parties involved in real estate transactions, often hear many unique sector-related terms. This may often be confusing, especially for first-time buyers during an already complicated and stressful home-buying journey. In this article, we simplify … READ FULL STORY

Property Trends
By Ravi SinhaFebruary 19, 2021

Pros and cons of opting for projects with amenities

Radhika Mehta, a software professional, bought an upscale 1,500-sq-ft apartment at Vaishali, Ghaziabad, in a project with high-end amenities for Rs 2 crores. Her long-time chartered accountant friend, Sarthak Sharma, preferred to buy an … READ FULL STORY

Property Trends
By Surbhi GuptaJanuary 12, 2024

Budget 2021: Industry welcomes expansionary budget, hails pragmatic approach

The market has welcomed the host of announcements in Budget 2021 that are being seen as a measure to revive the economy. From health to infrastructure, finance minister Nirmala Sitharaman’s third Budget speech tackled … READ FULL STORY

Property Trends
By Ravi SinhaFebruary 1, 2021

Budget 2021: Can the FM announce policy changes to please developers and home buyers?

Every year, prior to the union budget, developers lobby hard to get the best deal, while buyers have their own set of demands. The finance minister is expected to walk a tightrope, to balance … READ FULL STORY

Current News
By PTINovember 4, 2020

Post-RERA, channel partners becoming crucial in realty sales

Following the significant change in dynamics in the real estate market, after the implementation of the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST), channel partners are increasingly … READ FULL STORY

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