Category: Project

Court Order

Builders cannot impose maintenance fees unless they have an OC: NCDRC.

February 1, 2022

The National Consumer Disputes Redressal Commission ruled that builders cannot charge maintenance fees to buyers who are forced to take possession and begin living in their flats without an Occupancy Certificate (OC) due to delays on the part of builders in obtaining all necessary clearances from the authorities. As per apex consumer forum, homebuyers will […]

Builders cannot impose maintenance fees unless they have an OC: NCDRC.more

Developer Associations consolidate under NAREDCO

January 31, 2022

Brihanmumbai Developers Association and Central Mumbai Developers Welfare Association join forces with NAREDCO Maharashtra. Mumbai, 21st December 2021: In a big move, Brihanmumbai Developers Association (BDA) and Central Mumbai developers’ Welfare Association (CMDWA) consolidate with NAREDCO Maharashtra. National Real Estate Development Council (NAREDCO) a self-regulatory body formed under the aegis of the Ministry of Housing and […]

Developer Associations consolidate under NAREDCOmore

Real Estate Year-End Review and Outlook for 2022 By Bhushan Nemlekar, Director, Sumit Woods Limited.

January 27, 2022

Mr. Bhushan Nemlekar, Director, Sumit Woods Limited. Sector Performance in 2021  The Covid-19 pandemic was a massive heat blow to the industry, where everything started displacing and changed the way homebuyers think now. The government of India along with the governments of respective States took several initiatives to encourage development in the sector. Their approach towards […]

Real Estate Year-End Review and Outlook for 2022 By Bhushan Nemlekar, Director, Sumit Woods Limited.more

Real Estate Year-End Review and Outlook for 2022 By Shraddha Kedia-Agarwal, Director, Transcon Developers.

Shraddha Kedia-Agarwal, Director, Transcon Developers. Sector performance in 2021 While India’s real estate market makes a certain move for investment due to low prices, increased transparency, and digital progression, the fact that the world is coping with the pandemic is an opportunity in itself. The stamp duty cut announced by the State Government at the […]

Real Estate Year-End Review and Outlook for 2022 By Shraddha Kedia-Agarwal, Director, Transcon Developers.more

Real Estate Year-End Review and Outlook for 2022 By Mr. Rajat Rastogi, Executive Director, Runwal Group.

Mr. Rajat Rastogi, Executive Director, Runwal Group: Sector Performance in 2021 Real estate market bounced back strongly in 2021. The lockdown last year made people realize the need of owning a home, leading to a surge in demand. The incentives announced by the government and lower interest rates and various offers by developers gave further […]

Real Estate Year-End Review and Outlook for 2022 By Mr. Rajat Rastogi, Executive Director, Runwal Group.more

Real Estate Year-End Review and Outlook for 2022 By Navin Makhija – Managing Director, The Wadhwa Group

Mr. Navin Makhija – Managing Director, The Wadhwa Group. Sector Performance in 2021 The reduced stamp duty by the State Government at the end of the year 2020 set the momentum for the real estate sector at the beginning of the year 2021. The new project launches were back in the market as the sector […]

Real Estate Year-End Review and Outlook for 2022 By Navin Makhija – Managing Director, The Wadhwa Groupmore

Real Estate Year-End Review and Outlook for 2022 By Pritam Chivukula, Co-Founder & Director, Tridhaatu Realty and Hon. Secretary, CREDAI MCHI.

Mr.Pritam Chivukula, Co-Founder & Director,Tridhaatu Realty and Hon.Secretary, CREDAI MCHI Sector Performance in 2021: The year 2021 started with a mild relief to the industry, with the government pitching to support the developers and introducing various relaxations. The decreased stamp duty by the state government in until March 2021 set a path for the property […]

Real Estate Year-End Review and Outlook for 2022 By Pritam Chivukula, Co-Founder & Director, Tridhaatu Realty and Hon. Secretary, CREDAI MCHI.more

RBI Policy announcement: Comments By Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group.

Mr.Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group. “The RBI has always taken a proactive stance to ensure liquidity in the past few months, and has continued it’s accommodative policy stance amid the renewed Covid threat from the Omicron variant. It is imperative that low mortgage rates would continue, at least till the […]

RBI Policy announcement: Comments By Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group.more

Outlook for 2022 By Prashant Solomon, MD, Chintels India & the Hon. Treasurer for CREDAI NCR

“The mood is upbeat across both the residential and commercial markets. 2022 will be a pivotal year for growth and technology transformations across the sector. Despite the volatility, 2021,  has been a pivotal year for the growth of Indian Real Estate as it paved the way for an evolved and resilient sector driven by increased […]

Outlook for 2022 By Prashant Solomon, MD, Chintels India & the Hon. Treasurer for CREDAI NCRmore

Runwal Group unveils a new tower Lily at Runwal Forests in Kanjurmarg.

January 26, 2022

~ 3BHK lifestyle homes with private decks & exclusive amenities ~ Mumbai, 10th December, 2021: Runwal Group, one of India’s leading real estate developers, announced the launch of a new residential tower – Lily, in their project Runwal Forests located at Kanjurmarg West in Mumbai. This landmark residential township is spread across approx 15 acres of land on LBS […]

Runwal Group unveils a new tower Lily at Runwal Forests in Kanjurmarg.more