Rera

RERA's One Year: Barring Mumbai, Pune; Implementation Still Patchy In Most States

Business | Indo-Asian News Service | Sunday April 29, 2018

RERA Act: According to a report by the consultancy firm Knight Frank, eight states have not even installed a regulating authority and the remaining 17 have installed "interim" regulators.

Bankruptcy, Real Estate Acts Pitted Against Each Other: Assocham

Business | Indo-Asian News Service | Wednesday April 25, 2018

While IBC tries to give primacy to the creditors RERA tries to put consumers before creditors.

Budget 2018: Behind Government's Plan To Promote Affordable Housing

Business | NDTV Profit Team | Tuesday February 6, 2018

The Government has granted infrastructure status to affordable housing which will enableprojects to avail lower borrowing rates and tax concessions.

Budget 2018: Too Little For Real Estate Sector, Say Stakeholders

Business | Indo-Asian News Service | Friday February 2, 2018

The sector, which has seen some pathbreaking changes with demonetisation and the RERA Act since 2016 was hoping for a revival felt dejected with lack of emphasis and further reforms in the Union Budget 2018-19.

Bharti Realty To Invest Rs 3,500 Crore On Delhi-NCR Projects

Business | Press Trust of India | Wednesday January 24, 2018

Bharti Realty sees big shift in demand towards organised real estate developers post introduction of new real estate law RERA and GST, MD and CEO S K Sayal said.

No Respite For Developers As Bombay High Court Upholds Validity Of RERA

Business | Press Trust of India | Wednesday December 6, 2017

Real estate developers and individual plot owners had challenged the constitutional validity of RERA Act, brought into effect in May this year.

Supreme Court Asks Bombay High Court To Expeditiously Decide RERA-Related Pleas

India News | Press Trust of India | Monday September 4, 2017

The Supreme Court today directed the Bombay High Court to expeditiously decide the pleas challenging the validity of Real Estate (Regulation and Development) Act (RERA) which are pending there.

Centre Moves Apex Court Seeking Transfer Of Pleas Against RERA To Delhi High Court

Business | Press Trust of India | Wednesday August 30, 2017

Twenty one petitions challenging the validity of the Act are pending in various high courts, says Government.

SBI Favours Equal Treatment Of Lenders, Buyers In Projects

Business | Press Trust of India | Monday August 28, 2017

Addressing a NAREDCO's realty conference, SBI's Managing Director (National Banking Group) Rajnish Kumar said the risk of banks and home buyers have reduced after the implementation of new real estate law RERA from May this year.

Realty Sector Gets Investment Worth Rs 16,000 Crore In First Half Of 2017

Business | Press Trust of India | Monday August 7, 2017

The housing segment saw increased investment on growing confidence in this asset class after the implementation of RERA and other initiatives, JLL India said.

After GST, Developers Need To Invest In Project Management: Experts

Business | Press Trust of India | Sunday July 9, 2017

The government enacted the Real Estate (Regulation & Development) Act 2016 and all the sections of the Act have come into force with effect from May 1, this year, while GST came into effect from July 1.

Housing Prices To Dip After GST Rollout, Says Union Minister Venkaiah Naidu

India News | Press Trust of India | Friday June 30, 2017

"GST plus RERA will definitely bring big relief to house owners, the minister for Urban Development and Housing & Urban Poverty Alleviation, said.

Engage Realtors To Pass GST Benefit To Buyers: Finance Ministry

Business | Press Trust of India | Sunday June 18, 2017

The tax department and states have received complaints that those who have booked flats and made part payment are being asked to make entire payment before July 1, 2017.

Mumbai's Real Estate Launches Dip By 24% In January To March: Survey

Business | Press Trust of India | Thursday June 8, 2017

Launches dropped by 24 per cent at 4,900 units against 6,500 a year ago, a study conducted by the property consultancy firm Colliers International found.

Maharashtra Real Estate Regulator Penalises Firm For 'Misleading Consumers'

Business | Press Trust of India | Monday June 5, 2017

MahaRERA has imposed a fine of Rs 1,20,000 on Sai Estate Consultant, for advertising unregistered real estate project of Haware Builders and thereby misleading the consumers.