RERA committee gives home buyers of India the right to ensure the proper execution and timely completion of all under-construction projects. It covers both commercials as well as residential projects and works towards streamlining the realty process. This article highlights the major benefits of RERA Act for home buyers. To address the grievances of property […]
7 Ways in Which RERA Act Benefits Property Buyers in India.more
By Abhay Shah, Realty Quarter Realty Developer Sunteck Realty plans to spend as much as Rs.5,000 crore to build its portfolio, including offices and retail growth, in the next 3-4 years, says a top company official. Around Rs.2,000 crore will be used to develop retail as well as commer#cial realty projects which will be transmitted of over 3 million […]
With Rs.5,000 crore, Sunteck Realty intends to raise the commercial portfolio.more
By Abhay Shah, Realty Quarter On 26 June 2019, Maharashtra government said, The Comptroller and Auditor General (CAG) will perform a structural audit of bridges constructed by the local civic body in Mumbai in the last five years. The government announced in the Legislative Council the audit of the Mumbai bridges carried out by CAG, […]
Comptroller and Auditor General (CAG) to perform Mumbai’s Bridges Structural Audit.more
The Central Bank and government have taken meaningful measures to alleviate the stress in the real estate sector by executing three successive repo rate cuts and rationalising the Goods and Services Tax (GST) regime. Now is the time to look further and focus on more specific issues. Following are a series of expectations from the […]
Union Budget, 5th July 2019 – Expectations Notemore
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
By Abhay Shah, Realty Quarter On June 24, the BMC told Bombay high court, that the South Coastal Road (SCR) project had all required approvals. The notification of 2006 of the Environmental Impact Assessment did not apply for the project and, accordingly, no environmental clearance was needed, said Senior Advocate Darius Khambata, counsel for BMC. […]
BMC reports Bombay high court for having all the approvals for SCR project.more
By Abhay Shah, Realty Quarter In order to provide home buyers, developers and officials with an opportunity for the exchange of opinions, the centre has intended to create a common online platform for the Real Estate Regulatory Authority (RERA) in all states and UTs. Housing and Urban Affairs Secretary Durga Shanker Mishra announced here the Government’s strategy and said […]
The Center intends to establish a common online platform for Real Estate Regulatory Authority (RERA) of all states and UTs.more
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
By Abhay Shah, Realty Quarter The first phase to construct a house is the purchase of a piece of land. It is therefore essential to verify that the property has a definite, marketable name so that legal problems do not occur. In India, one has to verify that there are no conflicts or legal hazards […]
Understanding legal norms while buying Agricultural land in India.more
By Abhay Shah, Realty Quarter The minutes of the Monetary Policy Committee show that the shift in policy position of RBI will result in price reductions in the future, said a report on Friday. Governor Shaktikanta Das had confined himself to say that, in the future, there will be no price increases following the June 6 […]
Change in RBI’s stance suggests further price reductions: Nomura.more