Expert RERA Consultants
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 …
Continue reading “Is Ahmedabad Will RERA Push Property Prices Up?”
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”
BENGALURU: Real estate brokers in Karnataka, hit by slowdown and demonetisation, fear that the new draft state Real Estate Regulator Act (RERA) will make their business unviable, with some even apprehending the prospect of a closure. The government expects an agency to pay a proposed registration fee of Rs 5 lakh in the city and …
Continue reading “RERA: Property broking market in Karnataka may be hit by high agency fees”
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 …
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 …
Continue reading “Chandigarh sets up realty regulatory body”
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”
