Tag: #RERA

RERA Act

The Center intends to establish a common online platform for Real Estate Regulatory Authority (RERA) of all states and UTs.

June 26, 2019

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
FPCE

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

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
CREDAI

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
Real Estate Market

How Government reforms can Up-lift the Real Estate Industry?

June 13, 2019

By Abhay Harish Shah, Realty Quarter With the 2019 general elections, which give Narendra Modi a definite mandate for a second time as Prime Minister, the real estate industry is optimistic because it means a continuation in policies. In the last three to four years, the state has taken several significant policy choices and business […]

How Government reforms can Up-lift the Real Estate Industry?more
Tax

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
House

Housing sales have shown a rise in seven major cities – First Quarter Report.

June 5, 2019

By Abhay Harish Shah, Realty Quarter The housing market has shown a 13% rise in sales in 7 major cities during January-March 2019. This leads to confidence among real estate and a sign of recovery for the real estate market. In seven towns, namely Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Pune, the year-round housing […]

Housing sales have shown a rise in seven major cities – First Quarter Report.more
Profit

Piramal Realty gained 4 times sales booking with Rs 3,400cr in FY’19.

May 18, 2019

By Abhay Harish Shah , Realty Quarter Piramal Realty, led by Anand Piramal Realty, saw the improvement of housing needs almost four times as high as Rs 3,400crore during 2018-19. In the past fiscal year, Piramal Realty sold nearly 1,000 apartments with more than half of total sales in South Mumbai. In 2017-18, the company […]

Piramal Realty gained 4 times sales booking with Rs 3,400cr in FY’19.more
House

The Impact of Affordable Housing Schemes in Major Cities.

April 29, 2019

By Abhay Harish Shah , Realty Quarter Due to the RERA Act and buyer protected schemes, the Real Estate market has seen some growth in the last 1 year. According to the report cities such as Mumbai, Hyderabad and Kolkata are the most preferred cities who have seen tremendous growth in a property sale. Mumbai […]

The Impact of Affordable Housing Schemes in Major Cities.more
Axis logo

Axis AMC has raised Rs 400 crore through Maiden Real Estate Fund.

April 22, 2019

By Abhay Harish Shah , Realty Quarter   Axis AMC (Asset Management Company) has successfully managed to raise Rs.400 Crores through its Maiden Real Estate Fund. This is known as Axis RERA opportunities fund – I or Axis RERA Fund. The main investors are the High Net worth Investors (HNIs), Domestic Institutions and the Axis […]

Axis AMC has raised Rs 400 crore through Maiden Real Estate Fund.more
RERA ACT

Home buyer became more powerful – RERA LATEST ACT.

April 5, 2019

By Abhay Harish Shah , Realty Quarter Many a time people book an apartment but for someone unknown reasons they wish to cancel the transaction. It might be possible due to the delay in getting possession from the builder or any other financial issue. Real Estate Regulation Act (RERA) is foremost the best act implied […]

Home buyer became more powerful – RERA LATEST ACT.more