Hardeep Singh Puri Minister of India and Ministry of Housing and Urban Affairs said in an article that RERA has infused governance in a hitherto unregulated sector. Along with demonetization and GST, it has, to a large extent, cleansed the real estate sector of black money. It has transformational p... Read more...
In a landmark ruling, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has refused to differentiate between an investor in a housing project and a homebuyer and has directed a developer to honour contractual obligations. The ruling is expected to set a precedent for all such matters ar... Read more...
Bijay Agarwal, Managing Director, Salarpuria Sattva Group The pandemic has changed our long-held opinions on real estate and how we used to perceive it. One of the primary outcomes of this pandemic, has been an increasing desire for risk mitigation by real estate developers. This has had an imp... Read more...
Hardeep Singh Puri, Union Minister of State for Housing and Urban Affairs Data will be more valuable than gold. Let me say from my ministry's point of view, we will work with anyone and the state RERA authorities. Let us have a central database, which will have all the constitutional segments, in... Read more...
Sanjay Dutt, MD & CEO, Tata Realty & Infrastructure Limited The global adversity of 2020 caused volatility, insecurity and loss of lives & businesses. The Indian real estate industry was caught in the worst stage of its cyclical movement and we witnessed fourth bottom of the sector. ... Read more...
Sharad Mittal, CEO & Head, Motilal Oswal Real Estate Over the last few years, the real estate sector has undergone several challenges due to a string of regulatory reforms and government policies which organized the sector, albeit with pain and disruption. Demonetization and RERA put a bloc... Read more...
Real estate promoters in the State have been cautioned not to misuse the ‘’RERA’ acronym, or use it inaccurately, in their advertisements. The Kerala Real Estate Regulatory Authority (K-RERA) has issued a direction in this regard after noticing real estate advertisements in the public domai... Read more...
The Haryana Government is considering a “retirement housing policy” to cater to the state’s elderly population. Haryana government’s new draft policy that moots new retirement homes says such projects must have an elaborate safety and security mechanism inside the residential complex, includ... Read more...
The Haryana Real Estate Regulatory Authority (HARERA), Gurugram, has established a full-fledged mediation forum for amicable conciliation of disputes between the promoters and the allottees. The authority had brought to the forefront a multitude of cases of homebuyers’ dissatisfaction in dealing w... Read more...
Providing relief to thousands of homebuyers, the Supreme Court has ruled that the period of allotment of a housing unit to a homebuyer has to be considered from the date of the builder-buyer agreement and not from the date of registration of the project under the Real Estate (Regulation and Developm... Read more...