Search Results for: real estate projects

Outbreak of Covid-19 Trapped the Real Estate Sector

The outbreak of COVID-19 has adversely affected the real estate sector. This current situation gave massive disappointment and distress to the homebuyers

COVID19 Emergency-Government Should Protect the Interest of the Real Estate Project Developers

COVID19 Emergency-The Indian Economy is already facing a slowdown in growth but this situation to get worse if the countermeasure is not implemented sooner.

Homebuyers to takeover the Delayed Projects- MAHARERA

MahaRERA has taken an extra step to ensure completion of struck and delayed projects. MahaRERA asked all the developers to handover the project to homebuyer.

A timely Alarm for Project Developers of stalled projects in Bihar

Bihar RERA authority has taken Suo-Motu cognizance against five promoters and builders with the highest number of complaints. 

Government likely to dedicate scheme to unburden NBFCS of stress assets to boost Real Estate Sector

The government is presently mooting schemes to unburden NBFCs of stressed financial assets such as by creating a stressed asset fund to buy out the stressed financial assets.

RERA vis-à-vis MOFA: The changing landscape of Real Estate Laws

MOFA belongs to such class of such legislation that were more regulatory in nature, instead RERA creates an environment for the functioning and development of real estate sector.

Developing Trends in the Indian Real Estate Market

The new trends of the Real Estate sector show a market that has learnt from its errors and is confident to make an increasing comeback with a focus of consumer welfare and diversification of market.

Properties of Promoters attached by HRERA to Ensure Completion of Stalled Projects

The HRERA once more in a distinctive and groundbreaking feat attached the properties of the Developer to secure funds to ensure the completion of the Greenopolis Project.

Remedies Available for Homebuyers in Delayed Projects

As a developing country, India had huge prospects for growth in the real estate sector, seeing this many people invested in the sector in good faith.

Registration for projects under Karnataka RERA

If the project isn’t RERA Registered you can approach the concerned RERA Authority for initiating a complaint against the concerned developer for non-registration.

Insolvency Process starts against Rohtas Projects

This article is all about the insolvency process which has been initiated which may include filing of claims, acceptance of claims, making of the committee of creditors and resolution plan

Quality check are must for RERA Registered projects

The quality certificate as under Form 2A and by this the entire process will become transparent and everyone will be assured of the quality of the projects.

UP-RERA to hand over stuck projects to new developers for carrying out the development works

The UP-RERA Authority has ordered to revoke the registration of these existing developers whose projects have been standing-out for more than one year.

UP-RERA proposes stress fund for completing the pending projects

The UP-RERA (greater Noida) has proposed to create a stress fund to complete such pending projects. The same shall be put before the board of Lucknow for deliberation and thereafter it shall be sent to the UP Government.