Expert RERA Consultants
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 …
Continue reading “Maharashtra’s real estate regulatory authority to start functioning from May 1”
Union urban development ministry finalises new realty rules under the latest law passed by the Parliament There is good news for homebuyers in Delhi. The Union urban development (UD) ministry on Wednesday finalised the rules to make the landmark Real Estate (Regulation and Development) Act operational in the national capital. The law will not only …
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 …
The ministry of urban development is working on similar rules which would be applicable for the National Capital Region of Delhi. The government on Monday has notified the final rules to implement the Real Estate (Regulation and Development) Act, 2016 (RERA) that aims to bring transparency and set accountability in the sector and help in …
Continue reading “Govt notifies real estate regulatory Act rules for Union Territories”
Real Estate Regulatory Authority – RERA is one of the most debatable topic in last couple of months in Indian real estate market. As soon as it became a law, it received a lot of applause from buyers. In the sales pitches, the agents have already started making a claim that the project they are …
Continue reading “After RERA – Is now the right time to buy?”
Number of private equity as well as strategic investors who have invested in realty sector, mainly at project level, are renegotiating their contracts with the developer fearing litigation and fines once the new real estate regulations come into force. The fear is that under the Real Estate (Regulation and Development) Act (RERA), they can be …
Continue reading “RERA Fears make PE firms and Tactical Investors Tweak Real Estate contracts”
