Tag: #Developers

As part of smart city projects, NDMC has installed water ATMs and underground bins in 72 projects.

June 27, 2019

By Abhay Shah, Realty Quarter On 25 June 2019 the New Delhi Municipal Council (NDMC) finished 72 projects under the smart city initiative, including the deployment of water ATMs, decentralized wastewater treatment facilities and underground bins, further 39 more projects are in the pipeline, stated by the civic body’s chairman. NDMC president Naresh Kumar said, at […]

As part of smart city projects, NDMC has installed water ATMs and underground bins in 72 projects.more

FPCE wishes to finish stalled projects by getting Rs.10,000 crore’s stress fund in the budget.

June 26, 2019

By Abhay Shah, Realty Quarter According to a home buyers’ body FPCE, the government in the forthcoming budget should establish an Rs.10,000 crore fund to finish stalled property projects across the nation and provide assistance for more than 5 lakh individuals who have booked homes. Forum for People’s Collective Efforts (FPCE) previously referred to as Fight for […]

FPCE wishes to finish stalled projects by getting Rs.10,000 crore’s stress fund in the budget.more

Builders & Homebuyers interest rate to be identical in case of any delay – says NCDRC.

June 20, 2019

By Abhay Shah, Realty Quarter The Apex consumer commission has held that an unfair trade practice cannot be implemented. Currently, homebuyers must pay interest for delayed payments by 18% per annum, while the builders pay a mishap of 1.5%-2% for project delays. R K Agrawal President of the National Consumer Disputes Redressal Commission (NCDRC) and a member M […]

Builders & Homebuyers interest rate to be identical in case of any delay – says NCDRC.more

CREDAI has demanded that banks should fund developers to buy land for development of affordable housing projects.

June 18, 2019

By Abhay Harish Shah, Realty Quarter In its budget wish list, Realtors apex body CREDAI requested that banks should finance developers to purchase land to develop affordable housing projects. It has also indicated that all legislation should have the same concept of affordable housing. “Land as a value of the project comprises 40% of the […]

CREDAI has demanded that banks should fund developers to buy land for development of affordable housing projects.more

Residential developers are switching to construct Commercial Properties.

By Abhay Harish Shah, Realty Quarter The real estate industry has experienced the launch of projects in SEZ, retail, luxurious homes or even affordable housing, without any justification for countless occasions. This often resulted in over-supply of such projects in the particular segment, or the specific micro markets. In this context, some of the owners […]

Residential developers are switching to construct Commercial Properties.more

Apartment price likely to rise by Rs.200 per square foot – Maharashtra Government.

June 12, 2019

By Abhay Harish Shah, Realty Quarter With the Confederation of Real Estate Developers Association of India (Credai), Maharashtra Government decided to pass the burden of input tax credit to purchasers, which will affect to increase apartment prices by Rs.200 per square foot. The annual general meeting of the developer’s board in Kolhapur took a decision […]

Apartment price likely to rise by Rs.200 per square foot – Maharashtra Government.more

MahaRERA declares – Developers are not allowed to transfer their majority stakes without written approval from the authority.

June 11, 2019

By Abhay Harish Shah, Realty Quarter The Maharashtra Real Estate Regulatory Authority (MahaRERA) makes the declaration that while transferring or allotting promoters rights and liabilities to a third-party the real estate developers has to disclose any financial creditors charge on their projects. The regulator’s direction assumes importance, upon growing instances of joint development contracts or […]

MahaRERA declares – Developers are not allowed to transfer their majority stakes without written approval from the authority.more

More than 70% of home buyers wish to lodge a complaint under RERA Act for possession delays, says the survey.

June 4, 2019

By Abhay Harish Shah, Realty Quarter According to the survey conducted by Magicbricks, there will be more than 2/3rd of the complaint by home-buyers against the developer with a real estate regulator under the new RERA Act for any delay in possession of their apartment. RERA rules have already been notified by 22 States and […]

More than 70% of home buyers wish to lodge a complaint under RERA Act for possession delays, says the survey.more

Fire Safety Measure which a Buyer should check before Buying a Flat.

May 6, 2019

By Abhay Harish Shah , Realty Quarter Some Builders/Developers designs a building which is more likely to attract modern requirements of the public, to do so they might do cost cutting in safety measures which are essential in any building. Whether it a Commercial or Residential building, a developer has to consider safety precautions for […]

Fire Safety Measure which a Buyer should check before Buying a Flat.more

The Impact of New GST scheme towards Builders.

April 12, 2019

By Abhay Harish Shah , Realty Quarter The past GST rate was an obstacle for home purchasers. Builders had been looking to boost offers of under-development ventures, with uncommon offers and discounts. The new rate lessens the evaluating divergence between under-development and finished projects. The new duty structure will permit a progressively adjusted closeout of […]

The Impact of New GST scheme towards Builders.more

Tag: #Developers

Sign Up for our Free Newsletter