By Anuj Puri, Chairman – ANAROCK Property Consultants Why RERA is still not a nation-wide market force Many state governments have been lax in implementing RERA. There are various forces at play – the primary one being change aversion. RERA was conceived to change the entire status quo of how real estate is designed, developed […]
RERA in real time – nowhere close to the finish linemore
By Realty Quarter Bureau The matters related to the administration of the RERA for regulation of the real estate sector and to protect the interest of consumers will be dealt by the Housing and Urban Affairs Ministry, an official order said. The central government has amended the Government of India (Allocation of Business) Rules 1961, in this regard. The work […]
RERA rules & administration now under Urban Affair Ministry domainmore By Anuj Puri, Chairman – ANAROCK Property Consultants Over the past one year, demonetization has been a buzzword across all Indian industries, but much more so in real estate. The radical move of banning high-value currency notes, seen as the Government’s surgical strike on black money, has become a landmark event in the history of the […]
One year of Demonetization: Real Estate bruised, but more resilientmore
By Nimisha Gupta, Editor-in-Chief RERA the talk of Real Estate Industry at present definitely has brought an upside down between the fraternities. RBI Governor said, “We need action on real side also transparency on land acquisition, transparency on construction and on sales.” Let us first understand the need and objective of coming up of Real […]
RERA- a step closer to happy home-buyingmore
