India’s largest realty firm DLF Limited has proclaimed downfall of 58% in its consolidated net profit at Rs 109.01 crore for the quarter that ended June.

A start-up India Hub was launched by the Union Commerce & Industry Minister Nirmala Sitharaman.

To reduce risk entrepreneur seeks for investment from the second party, in due course diluting his own equity in the start-up.

Since RERA came in there has been downtime in home buying and property development as home loan market has struck its lowest.

Homebuyers who are heavy-hearted with Haryana’s RERA Act are in the intention of percolating to the National Consumer Disputes Redressal Commission (NCDRC) to protect their interests.

Though the Central Authority allows secondary modifications as per the sources Telangana regime has decided to keep the Central Act as it is making nominal changes.

UP RERA- The State Authority not only extended the RERA deadline but also amended the definition of ongoing projects.

RERA Karnataka- The builders who failed to register themselves with RERA Authority are barricaded from advertising, marketing, booking, selling or offering to sell any plot, apartment or building.

Though the RERA deadline for registration ended on July 31, 2017, there are nearby 400 registrations that still hang out with Haryana State Authority.

An escape window of 90 days was provided to the developers so that they can register their new and ongoing projects under RERA.

The State Government has provided a stretch to builders in Goa for ongoing projects to be registered under RERA, even though the Central Government refused to stipend the extension.

Aam Aadmi Party hit on the State Government and deemed that Haryana RERA is in one breath with developers which is why the diluted RERA has spared them.

The RERA Act is expected to bring up the sales in Real estate in near future providing its worth to both consumers and builders but for now, it is more of a pest.

Due to eleventh-hour rush maximal registration is expected, staff members of MAHA RERA Authority have been asked to work an extra hour for the next 3 days.

RERA Registration: The builders they are probing RERA Authority for 90-day window from the date of notification of RERA Rules to get themselves registered.