On November 6, 2019, the union cabinet approved the setting up of an Alternative Investment Fund Category-II (AIF), to provide priority debt financing of up to Rs 25,000 crores, for completing stalled housing projects … READ FULL STORY
With the demand for residential and commercial properties growing constantly, the number of developers offering remarkable structures, to attract potential buyers, is also growing. However, physical safety of residents is a pre-requisite to the … READ FULL STORY
With the Real Estate (Regulation and Development) Act (RERA) coming into force, as well as various other policy initiatives such as the Benami Transactions Act and the government’s push to affordable housing, we are … READ FULL STORY
Q: RERA has brought compliance to quality control, centre-stage in the real estate sector. Does this bode well for corporate developers like Mahindra Lifespaces, for whom being compliant to quality control requirements, is anyway … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016, is a landmark legislation in the history of Indian real estate. It is a comprehensive statute that establishes the Real Estate Regulatory Authority, to regulate the … READ FULL STORY
With the real estate sector going through its worst phase in the recent past, it is likely that the second half of 2019 will bring better days. There is an inventory pile-up of properties … READ FULL STORY
The need of the hour, is to bring in amendments, to make the RERA the first forum for complaints pertaining to real estate, Satish Magar, president, CREDAI national, said. Magar was speaking at the … READ FULL STORY
A large number of second home buyers purchase luxury homes that provide them with a retreat away from the city, where they can relax and rejuvenate. According to Sunil Sharma, VP – marketing and … READ FULL STORY
Despite a slew of measures to arrest the slump, by the government and the Reserve Bank of India (RBI) to boost liquidity and revive demand, a latest survey by Knight Frank, FICCI and NAREDCO, … READ FULL STORY
The Supreme Court delivered a historical decision, on July 23, 2019, in the case of Amrapali Group of Companies, which has wider ramifications for home buyers across the country. Let us discuss the decision … READ FULL STORY
Apex consumer commission NCDRC has directed a real estate developer to refund over Rs 4 crore along with interest to its customer, saying complainants cannot be made to wait indefinitely for possession. The National … READ FULL STORY
What is land banking and how does the business of land banking work? Land banking is the practice of aggregating parcels or blocks of land at current market rates or lower, for future sale … READ FULL STORY
The real estate sector, which witnessed decades of traditional approaches, will now be revolutionised by ‘disruptors’ that have initiated a new wind of demand in the sector, says a report titled ‘Real Estate – … READ FULL STORY
