Is Ahmedabad Will RERA Push Property Prices Up?

By the year 2016 in the month of May 1, RERA act taken into force in the real estate field, hence the real estate agent consider a short-supply and albeit temporarily, as fresh realty project launches is get belated on account of current stricter terms and conditions. Here the short-supply joined to develop the major construction …

Maharashtra’s real estate regulatory authority to start functioning from May 1

Consumers are keenly looking forward to the rules regarding registration of developers under Real Estate Regulatory Authority (RERA) even as the housing regulator’s appointment was cleared by the state government on Tuesday. The regulator had to be appointed before April 30. The rules regarding the establishment of the housing regulatory authority were notified and the …

RERA may Revive Real Estate Sector in Second Half, say Experts

After May 1, when the Real Estate Regulatory Act (RERA) is in place, the realty sector will likely see an uptrend with slight price correction, say industry players and stakeholders. This is likely as genuine buyers may pitch in on the back of an improved consumer climate and lower home loan rates. “Considering the present …

UP, Gujarat dilute new realty law

States led by UP and Gujarat have begun diluting provisions of the Real Estate (Regulation & Development) Act, which notify the rules for regulation of the sector. Both states have let off most ongoing real estate projects which have been delayed for long and remain a worry for thousands of home buyers awaiting delivery. While …

Occupancy certificates to be processed by Noida under new RERA rules

  The Noida authority on Tuesday said it has stopped accepting builders’ occupancy certificate applications for group housing buildings without the required documents, as laid down under the Uttar Pradesh Real Estate (Regulation and Development) Rules, 2016. The Noida authority on Tuesday said it has stopped accepting builders’ occupancy certificate applications for group housing buildings …

Chandigarh sets up realty regulatory body

The development comes as the central government is set to notify the RERA Act, asking all Union territories to implement the act in the first phase. The city has become one of the first in the country to set up a temporary Real Estate Regulatory and Development Authority (RERA) to address hardships homebuyers face due …