Category: Business Advisory

RERA Authority lags in Hyderabad, scrubs construction of 10,000 flats

The State government in Hyderabad lags behind in setting up RERA Authority and State RERA website which came as a bottom dollar for homebuyers and builders.

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Unitech’s weakness is regulation, takeover can not be a solution

The Centre moved a petition in the National Company Law Tribunal, which allowed the Centre to takeover the management of Unitech but it is now stayed by SC.

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Realty sector ascends for recovery after seeing fall off post RERA

The realty market witnessed stoppage post RERA but the market has started emerging as faith of homebuyers and investors is getting restored.

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RERA has slowdown the revenue from stamp duty collection

Since there has been slowdown in the registration of layouts and projects under the RERA. It has resulted in a dip in collection of stamp duty and revenue loss to the government.

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5,350 Start-ups privileged for royalty under Start-up India Scheme

As per Commerce and industry ministry, a total of 5,350 start-ups recognised by the Department of Industrial Policy and Promotion

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Panel formed to protect Homebuyers

The housing and urban affairs ministry has constituted a 30-member central advisory council, which will play key role in protecting the interest of consumers

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Reforms bring Transparency in Realty Sector

Regulatory reforms brought through the Real Estate Regulatory Act (RERA)and transparency brought about by Goods and Services Tax

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RERA issues 31 notices on builders over public grievances

The Real Estate Regulatory Authority (RERA) has served 31 notices to builders, most of them from Dehradun, over complaints

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Jurisdiction of RERA’s Gurugram Bench shrunk

According to a notification issued by Principal Secretary, the jurisdiction of the Gurugram Bench has been confined to Gurugram district only.

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726 Rera-Registered projects in Nashik

As many as 904 new and ongoing real estate projects in Nashik region, including 726 projects in Nashik city, have so far been registered with the MahaRERA.

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RERA, GST pull down Home Loan Growth

Home loan interest rates have dipped, but buyers’ sentiments have not improved, data shows, leading to a sharp fall in home loan growth.

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With RERA kicking in, NRI interest in Indian realty set to rise

Implementation of RERA Act, 2016 will boost the Non-Resident Indian sentiments on Indian real estate sector, say market experts.

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RERA’s administration under Urban Affairs Ministry’s Domain

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.

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Rajasthan Housing Board Remains Out of RERA Ambit

The Rajasthan Housing Board, a government agency which infamous for poor quality construction in the state still remains out of the RERA ambit.

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RERA tribunal to be ready in two months

Mumbai: The RERA (Real Estate Regulatory Authority) appellate tribunal will be formed in next two months, confirmed a RERA official. Nineteen months after the implementation of the RERA Act in Maharashtra, the government is yet to form the tribunal, which can be approached if the builders or buyers are not satisfied with the RERA rulings. Currently, … Continue reading “RERA tribunal to be ready in two months”

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