Tag: #RERA ACT

Rajasthan RERA has begun issuing exemption certificates to builders.

December 22, 2022

JAIPUR: The Rajasthan Real Estate Regulatory Authority (RERA) has begun granting exemption certificates to developers for completed real estate projects prior to sale or marketing. RERA-Raj decided that developers who completed their real estate projects and obtained a completion certificate from any relevant authority, such as development authority, municipal corporation, and urban improvement trust (UIT), […]

Rajasthan RERA has begun issuing exemption certificates to builders.more
Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

K-RERA allows three months deadline extensions on all RERA projects.

April 6, 2020

The Karnataka Real Estate Regulatory Authority (RERA) has provided a deadline extension for all residential buildings throughout the city, taking into account the lockdown declared by the state and the union governments. Much of the mass exodus of migrant workers who decided to return to their hometowns before the coronavirus outbreak, the continuing construction projects […]

K-RERA allows three months deadline extensions on all RERA projects.more
Construction

Developers are providing an extended warranty to retain customer confidence.

February 3, 2020

Real estate is one of those industries where product assurance remains in question until the Real Estate (RERA) Act (Regulation and Development) made it mandatory for all projects in 2017. In some of the major real estate markets, quality construction is still a value proposition, with buyers willing to pay a premium, for return for […]

Developers are providing an extended warranty to retain customer confidence.more

Knight Frank Report: NCR witnessed a 45% rise in new residential launches in 2019.

January 8, 2020

According to the London-based real estate consultancy Knight Frank annual report, Housing sales in Delhi-NCR saw 5% YOY growth and new residential launches increased by 45% in 2019 compared to 2018. The report stated that the period from 2016 to 2019 was the transitional period, when policy changes such as the Real Estate (Regulation and […]

Knight Frank Report: NCR witnessed a 45% rise in new residential launches in 2019.more
Real Estate Market

Out of 56 countries – India ranked 47th for housing price appreciation.

December 31, 2019

In terms of appreciation in housing costs, India ranks 47th in the world as rates grew just gradually in the quarter of July-September by just 0.6%, according to multinational property advisor Knight Frank. In the April-June 2019 quarter, India stood at 11th position with an increase in home prices of 7.7% year on year. The […]

Out of 56 countries – India ranked 47th for housing price appreciation.more
Durga Shanker Mishra

The government can consider RERA amendments to make them more effective: Urban Affairs Secretary.

August 20, 2019

By Abhay Shah, Realty Quarter The government may consider changes to the RERA real estate law, if required, to make it more effective, Durga Shanker Mishra, Housing and Urban Affairs Secretary, said on Monday. He said that the Ministry for Housing and Urban Affairs will quickly adopt the model tenancy law for Cabinet approval at NAREDCO’s real […]

The government can consider RERA amendments to make them more effective: Urban Affairs Secretary.more
Supreme court

Supreme Court demands the government to submit a list of states where the RERA act is not been enacted completely.

July 22, 2019

By Abhay Shah, Realty Quarter On 18 July, the Supreme Court demanded the Government to provide a list of states where there is no RERA Authority and the appellate tribunal been formed. The Apex court heard a case concerning the constitutional challenge brought against the right of the financial creditors to home buyers by a […]

Supreme Court demands the government to submit a list of states where the RERA act is not been enacted completely.more
MAHA RERA

7 Ways in Which RERA Act Benefits Property Buyers in India.

June 29, 2019

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