Tag: #RERA

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

January 27, 2022

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
RERA

Over 70 real estate complaints got disposed of by UP-RERA in its first National Lok Adalat.

July 13, 2021

On July 10, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) disposed of approximately 80 cases under the auspices of the Uttar Pradesh State Legal Services Authority in the first National Lok Adalat. A sum of 91 cases was held for hearing at the Lok Adalat, with 79 of them got disposed of. UP-RERA Legal […]

Over 70 real estate complaints got disposed of by UP-RERA in its first National Lok Adalat.more
Waiver on Stamp duty

Stamp duty exemptions for buyers in high-rise buildings have been extended until September 30.

July 7, 2021

Jaipur- In response to developer requests, the state government has decided to prolong the stamp duty exemption for three months, until September. Despite the fact that the Confederation of Real Estate Developers Associations of India (CREDAI) had written to the finance ministry requesting that the stamp duty exemption be extended until March 2022, the department […]

Stamp duty exemptions for buyers in high-rise buildings have been extended until September 30.more
SEBI

Debt instruments provisional rating policies get reinforced by the SEBI new guidelines.

April 28, 2021

Sebi, the market regulator, issued a new structure on Tuesday to improve policies on a provisional assessment by credit rating agencies (CRAs) for debt instruments. According to the structure, all provisional ratings (‘long term’ or ‘short term’) for debt instruments must be prefixed with ‘provisional’ before the rating symbol in all communications—rating document, press release, […]

Debt instruments provisional rating policies get reinforced by the SEBI new guidelines.more
Hardeep Singh Puri

Housing minister says government will soon issue a special advisory to save homebuyers interest.

April 30, 2020

Housing and Urban Affairs Minister Hardeep Singh Puri said the government will soon issue an advisory to all real estate regulatory bodies and state about the special measures that must be taken to protect the interests of homebuyers and all other stakeholders in the real estate industry. In an urgent meeting of the Central Advisory […]

Housing minister says government will soon issue a special advisory to save homebuyers interest.more
Partnership

Kolte-Patil Developers and a UK based real estate company will jointly develop a 5.4 acre in Pune.

April 10, 2020

Kolte-Patil Developers, a real estate developer based in Pune, has signed an agreement with UK-based real estate company Planet Smart City to jointly build a more than a 5.4-acre parcel of land in Pune. Kolte-Patil would get Rs 91 Crore for his plot’s monetization. Kolte-Patil’s I-Ven Townships (Pune) a Kolte-Patil subsidiary and the UK developer […]

Kolte-Patil Developers and a UK based real estate company will jointly develop a 5.4 acre in Pune.more
Durga Shanker Mishra

Housing Minister: Real Estate will soon get special regulatory measures to get restored the industry.

April 9, 2020

Special guidelines and legislative measures will soon be issued for the real estate industry, including the Real Estate Legislative Act (RERA), to counter this crisis, said Durga Shanker Mishra, Secretary, Housing and Urban Affairs. “We are caught in an unimaginable scenario that has engulfed the whole world in its grip. In these critical days, we […]

Housing Minister: Real Estate will soon get special regulatory measures to get restored the industry.more
Interest Rates

CREDAI plans to reset the interest rate along with rescheduling debt repayment.

March 19, 2020

Against the backdrop of the Coronavirus outbreak and its effects on the economy, the body of real estate developers, the Confederation of Real Estate Developers’ Associations of India (CREDAI), seeks to delay the debt repayment scheduled for the next 3 months and to be permitted to recover in installments over the next 12 months. The developers’ […]

CREDAI plans to reset the interest rate along with rescheduling debt repayment.more
Plot

Wadhwa Group to collaborate with Thakur Group to develop a plot in Mumbai.

February 18, 2020

The Wadhwa Group, based in Mumbai, has concluded with a joint development agreement between Thakur Group, to develop a two-acre parcel of land located in Kandivali’s suburb. The two firms are planning a 350,000 square feet development potential residential project on the land. The Wadhwa Group will take care of the development, approvals, constructions, design […]

Wadhwa Group to collaborate with Thakur Group to develop a plot in Mumbai.more