In a significant decision to protect the interests of customers, Chhattisgarh Real Estate Regulatory Authority (RERA) has directed the state-owned housing board to develop infrastructure and other facilities at its premium Green Ville City, housing board colony at Boriyakalan by honouring the commit... Read more...
T Chitty Babu, Chairman and CEO, Akshaya Pvt Ltd talking to Realty+ shares his views on the reasons and trends visible in millennial investments in homeownership. Housing markets across the country have shown a surge in recent quarters, even as the global pandemic has reinforced the importance of... Read more...
SELL.DO CEO Summit – Bengaluru organized by Realty+ Masterclass today Oct 12, 202, had the CEOs of the top realty firms of the city talk about the latest trends in real estate development of the city, the changing consumer preferences and the future outlook for the Bengaluru real estate. The ... Read more...
Raymond Realty has announced the development of ‘Grade A’ commercial and high street retail space at Thane land spread across 9.5 acres. The company also announced its plans to build premium residential units comprising of 3 & 4 BHK configurations spread across 1 mn. Sq. ft. subject to requi... Read more...
Homebuyers' body FPCE has strongly objected to extension given by Maharashtra, Uttar Pradesh and Karnataka's real estate regulators for completion of projects, saying this will put flat owners under financial stress. The Forum for People's Collective Efforts (FPCE) has written to Housing and Ur... Read more...
Developers collecting a deposit from homebuyers without entering into a construction or sale agreement is a violation under the RERA Act, the state’s real estate regulator has ruled. In a recent order, the Tamil Nadu Real Estate Regulatory Authority (TNRERA) also observed that partial payments und... Read more...
Himachal Pradesh Real Estate Regulatory Authority (RERA), has been ranked second best amongst all the RERA authorities across the country. The ranking is based on Himachal RERA’s effectiveness in executing its orders by instituting execution proceedings within one and a half year of its inception.... Read more...
Around 70 per cent of consumers are aware of realty law RERA and five out of six homebuyers seek grievances redressal through this legislations, according to a survey by Omidyar Network India and Boston Consulting Group. However, the report pointed out that the implementation of the grievance redre... Read more...
Bhoumick Vaidya, Partner and Nishi Bharatiya, Associate at Shardul Amarchand Mangaldas & Co. Enforcement of orders under the Real Estate (Regulation and Development) Act, 2016 The Real Estate (Regulation and Development) Act, 2016 (“RERA”) was enacted with an objective to duly protect ... Read more...
NAREDCO Maharashtra officials share their views on the launch of Ambarnath-Badlapur unit in Maharashtra which is becoming an affordable housing destination in the state, The reasons for launching the new Naredco unit of Ambarnath-Badlapur Ashok Mohanani - President, NAREDCO Maharashtra, “Thi... Read more...