The Real Estate (Regulation and Development) Act (RERA), has been implemented with the purpose of enhancing transparency, mitigating information asymmetry and applying a uniform ‘code of conduct’ for developers across various states. It seeks … READ FULL STORY
The first quarter of 2017, witnessed residential launches of approximately 25,800 units in the top 8 cities, registering a 16 per cent decline from the corresponding period last year. A closer look at the … READ FULL STORY
After a drastic dip in sentiments, from October to December 2016, the first quarter of 2017 has begun on a positive note, signifying the transient impact of demonetisation. Nevertheless, the stakeholders in Indian real … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) is now a reality. The central government had already set the rules and now, the state governments are required to follow suit. States are required to … READ FULL STORY
Never has there been more focus on the end-users – even in Mumbai, which is the priciest real estate market in India, than in recent months, especially in light of the post-demonetisation reality and … READ FULL STORY
Real estate development remains a highly lucrative business line but it also remains a highly capital intensive business, and among the many new market truths that RERA has brought to the fore, the fact … READ FULL STORY
The Indian real estate sector has been largely unregulated except for a few states like Maharashtra, Uttar Pradesh, Andhra Pradesh, Delhi and Karnataka. Any pro-consumer development was solely a result of judicial activism. This … READ FULL STORY
Sunil Singh, a resident of Gurugram, continues to wait for the completion of his group housing project, where only 50 per cent of the project is complete and the authority has issued the occupancy … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) has finally become a reality. Although there still are plenty of hiccups and it will take some time for the industry to absorb all the facets … READ FULL STORY
The Goods and Services Tax (GST) is, beyond doubt, the most revolutionary tax-related reform to be seen in India in several decades. It will eliminate the conflicting and cascading taxation structures, which have confounded … READ FULL STORY
Although the Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016 and all the 92 sections of the Act come into effect from May 1, only 13 states and … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016, popularly known as RERA, came into effect from May 1, 2017, as was originally stipulated a year ago. It is not as if the states have … READ FULL STORY
West Bengal Housing Minister, Sovan Chatterjee, has said that although the state was working on the Real Estate (Regulation and Development) Act (RERA), “I am unable to tell, by when we will be able … READ FULL STORY
