RERA Registration in Jaipur
The Real Estate (Regulatory and Development) Act, 2016 has commenced from May 1, 2017. The first set of Rules and Regulations in Real Estate Industry has become a reality now.
The Real Estate (Regulatory and Development) Act, 2016 has commenced from May 1, 2017. The first set of Rules and Regulations in Real Estate Industry has become a reality now.
As RERA deadline nears, regulator in Noida and Greater Noida are nowhere to be seen. RERA was notified in October last year and took effect in UP in May 2017 and July 31
Being the hub of development and fast growing city, Gurgaon needs separate analysis of RERA Registration in Gurgaon, which is as under;
Having its own fast growth and real estate charm, Noida deserve a separate analysis of RERA registration requirement stating related State Regulations, which is as under;
As per central government recent press release, it is clarified that no developers shall be allowed to market their projects without getting registration under Real Estate Regulatory Authority (RERA).
Gujarat government had long time before notified rules regarding RERA (Real Estate Regulatory Authority) on 29th October 2016 vide notification no. GH/V/197/2016. Based on our source in Gujarat we are hoping that soon the registration will also be granted. According to the central government notification, every promoter needs to get the projects registered. The core … Continue reading “GUJARAT AUTHORITIES ARE NUDGING RERA, Registration start soon”
As per RERA Act every state had to frame rules in respect of Real Estate Regulation Act till 1st of May 2017 but till now many states have not yet notified their rules.
As per the information, The draft rules of the Haryana Real Estate Regulatory Authority (H-RERA) are set to come into effect from July 1. The town and country planning (TCP) department will soon submit a report on the draft rules to the government for them to be notified.
The new rules, bring all ongoing projects where completion certificate was not issued on May 1, 2016, when Real Estate Regulation Act (RERA) was notified under its ambit.
RERA, the new realty law that aims to bring transparency and accountability to the real estate market.
There is a large chunk of unsold inventory across the locations and available with almost all the builders. They would in all likelihood be trying to offload them and even offer a reduced rate along with other freebies. Buyers showing renewed interest in this market have to be cautious as the chances of falling into a trap could be high.
The good days of real estate in Delhi-NCR are not currently returning. Although the property market is recovering after the ban on bank postings, recent legal changes have put a double pressure on demand and prices. According to the estimate of the next three months of Property Portal MagicBricket, there is no scope for prices to increase in 70 to 90% of the areas.
As per section 3 of The Real Estate (Regulation and Development) Act, 2016 (here-in-after referred as RERA), which has come into force from 1st May, 2016 and has been notified to be commenced w.e.f. from 1st May 2017.