Lenders who fund developers for real estate projects, have expressed concern that their role is not covered or lacks clarity under the Real Estate (Regulation and Development) Act (RERA). Consequently, bankers indicated that they … READ FULL STORY
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
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
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
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
With the Real Estate Regulation Act (RERA) set to be implemented from May 1, 2017, state governments and consumer activists are actively discussing the rules that could protect the home buyer’s interests. While the … READ FULL STORY
In an exclusive interview with Housing News, Boman Irani, secretary of the Confederation of Real Estate Developers’ Associations of India (CREDAI), explains that regulatory changes, such as the passing of the Real Estate Act, … READ FULL STORY
Residential real estate sector In 2016, about 89,000 residential units were launched across the six major cities in India, which is 34% less than the units launched in 2015. Out of the total new … READ FULL STORY
The demonetisation drive, announced by prime minister Narendra Modi on November 8, 2016, was a major disruption for the real estate market and pulled stakeholders’ sentiments for Q4 2016 to a new low – … READ FULL STORY
