Central team to urge Bengal government to switch over to Real Estate Regulatory Act
A recent report by global real estate consultancy firm Frank Knight has said that Kolkata is the only major market in the country which lacks a functional RERA.
Jun 10, 2018, 10:35 AM IST
Housing sales higher than new supply in last 2 years: JLL India report
According to report, the housing sales stood at 2,44,830 units during 2016 and 2017 calendar years in seven major cities.
Mar 11, 2018, 16:23 PM IST
Union Budget 2018: Here is what insurance, real estate and tourism sector expect
These sector has been at the forefront of the Modi government agenda on account of its potential to propel economic growth significantly.
Jan 30, 2018, 20:20 PM IST
Housing sales dip 6% in NCR due to RERA and GST
The RERA came into force from May 2017, while the GST was launched in July last year.
Jan 11, 2018, 11:55 AM IST
Realty sector tested by critical reforms this year; hopes for better 2018
Real estate developers and consultants expect housing sales to improve, although gradually, as prices have become stable after much-needed correction in last few years and interest rates on home loans have softened.
Dec 31, 2017, 16:23 PM IST
Bombay HC upholds validity of RERA, crucial for developing incomplete projects
The Act, among other things, mandates that all developers or promoters register themselves under a state-level regulatory authority.
Dec 07, 2017, 09:42 AM IST
Bombay High Court upholds validity of RERA
The Bombay High Court today upheld the validity of the Real Estate (Regulation and Development) Act (RERA).
Dec 06, 2017, 13:33 PM IST
Unsold housing units fall to 6.85 lakh across 7 cities
The national capital region (Delhi-NCR) has the maximum unsold units at 2 lakh, although the number has declined by 12,000 units from the September quarter of 2016 calendar year.
Nov 26, 2017, 12:03 PM IST
DHFL expects home loan growth of 30% this fiscal
The government has laid a very strong foundation for the affordable housing industry over the last few quarters, acknowledging the immediate need for India to respond to the huge demand for affordable housing, Mehta said.
Nov 17, 2017, 19:28 PM IST
India may not have to wait 13 years for next upgrade: SBI report
Finance Minister Arun Jaitley has termed the upgrade as a "belated recognition" of reforms in the last few years, and vowed to continue them while maintaining fiscal discipline.
Nov 17, 2017, 18:08 PM IST
`Realty sector to continue to face headwinds in near-term'
He further said the industry faces demand headwinds on account of subdued macro-economic environment and consumer sentiment.
Oct 23, 2017, 20:38 PM IST
Home launches fall 33% in Jan-Sept, supply of low-cost homes up
Housing supply stood at 89,970 units in January-September 2016 in the eight cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad.
Oct 09, 2017, 16:30 PM IST
SC asks Bombay HC to expeditiously decide pleas challenging RERA validity
The apex court also asked other High Courts, where pleas against validity of RERA are pending, to await the decision of Bombay High Court.
Sep 04, 2017, 13:42 PM IST
Post RERA, brokers may focus on rental market: Survey
With the number of residential project launches falling on the back of the implementation of the Real Estate Regulatory Authority (RERA) from May 1, brokers are planning to focus on rental market to get more business, a recent survey said.
Sep 03, 2017, 11:55 AM IST
Centre moves SC seeking transfer of pleas against RERA to Delhi HC
The Supreme Court today agreed to hear the Centre's petition seeking transfer of various pleas, which are challenging validity of the Real Estate (Regulation and Development) Act (RERA) and are pending in different high courts, to the Delhi High Court.
Aug 30, 2017, 12:30 PM IST
CREDAI seeks PM's intervention for proper rollout of RERA
Real estate industry body CREDAI on Thursday sought the prime minister's intervention to ensure proper and expeditious implementation of the new real estate regulatory law to protect the interest of property buyers and developers.
Aug 17, 2017, 19:04 PM IST
Modi govt's landmark economic reforms since last Independence Day
These historic reforms stunned the people nation-wide. Not only it gave new heights to Indian economy but also paved way towards global recognition.
Aug 15, 2017, 17:44 PM IST
Rs 408 crore Mahagun Mall in Greater Noida gets green nod
Mahagun Real Estate has received environment clearance for constructing a commercial complex in Greater Noida, Uttar Pradesh, at a cost of Rs 408 crore.
Aug 15, 2017, 11:09 AM IST
No home loan if not registered in RERA: Sources
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Aug 03, 2017, 19:25 PM IST
RERA likely to impact performance of developers in FY18: ICRA
According to ICRA, implementation of the Act has seen delayed as very few states have been able to create the required regulatory infrastructure till now.
Jul 19, 2017, 18:46 PM IST
