May 23, 2021 09:11 AM IST
Builders hog the entire limelight in a real estate project. But there are many players that make a success or failure of a project. Two very important stakeholders in a project are architects and contractors. Homebuyers must explore the previous track record of the architect and contractor prior to determining their decision on a home purchase. But, do they? And, if they do, who are the architects and contractors that Mumbai rates highly?
- May 19, 2021 11:01 AM IST
Owning a home is a dream for most Indians. But it’s not easy. Often the barrier in that dream turning into reality is - the Builder. Homes are priced too high, delivery timelines are often meaningless and product quality is almost always suspect. Many home buyers are trapped in projects that will probably never get completed. So what does the common man think about the community that is responsible for providing the most important purchase for most Indians - A home.
- Apr 04, 2021 05:14 PM IST
The Maharashtra government may have gotten carried away with this fleeting phase of success. For the developer that means there is a long road ahead. But one that can be crossed.
- Feb 10, 2021 04:45 PM IST
Two days before builders go on a day-long strike against alleged price hike, cement association sends a strongly-worded statement. Similar charges also traded between user industries and steel companies
- Nov 13, 2020 03:36 PM IST
Should homebuyers take the plunge with real estate developers doling out cash discounts and freebies, lower interest rates, GST, stamp duty waivers, and schemes such as the 10:90 one, not to mention the offer to buy a home at 20 percent below circle rate?
- Nov 12, 2020 04:41 PM IST
An additional outlay of Rs 18,000 crore for the Pradhan Mantri Awaas Yojana Urban has also been announced.
- Oct 06, 2020 05:06 PM IST
But study the scheme documents thoroughly and pay special attention to the fine print. Make sure you don’t sign on any document that restricts your right as a consumer or waives any liabilities of the developer
- Sep 25, 2020 02:34 PM IST
The extension unlikely to impact ongoing cases. However, delivery of homes may get delayed and buyers may not be able to initiate corporate insolvency resolution process (CIRP) in case of fresh matters
- Aug 19, 2020 02:41 PM IST
The Noida Authority board also gave its nod to the decision of not imposing penalty on land allottees who could not get their documents executed during the lockdown period
- Aug 05, 2020 12:24 PM IST
Borrowers who want to consider restructuring their loans with their respective banks will need to check the fine print. It is important to establish the exact amount of their monthly EMIs once the moratorium period ends
- Jul 24, 2020 11:31 AM IST
Investments in 18 projects have been given final clearance and disbursement is at various stages across 7 residential projects; Builders and buyers welcome the move
- Jun 08, 2020 10:42 AM IST
Extension should only be for the actual period of the lockdown when construction was not permitted, they said
- Jun 05, 2020 09:30 AM IST
What is truth about the real number of projects being stalled and the belief that prices of realty will definitely fall in the post-Covid era ?
- May 21, 2020 11:56 AM IST
Last week, the Centre issued an advisory to regulatory authorities of all states and Union territories, directing them to treat COVID-19 pandemic as 'Force Majeure' or an act of God. It allowed extension of timeline to complete projects by six months
- May 19, 2020 07:55 AM IST
Measure does little to boost housing sales and may curtail remedies available to homebuyers, say legal experts
- May 15, 2020 08:04 AM IST
While the measures announced by the Centre certainly provide relief to real estate builders, homebuyers say it does not offer any immediate help in the form of interest or rent waivers
- May 14, 2020 12:49 PM IST
Acting on the central advisory, Rajasthan Real Estate Regulatory Authority extends deadline for projects by a year.
- May 04, 2020 11:34 AM IST
While real estate developers will be struggling to comply with completion dates approved by RERA, homebuyers too would be unsure when they would get physical possession of their homes
- Apr 29, 2020 09:37 PM IST
Lease rent should be deferred for a year and extension for 12 months should be given for paying interest installments as restarting construction activities may take time, the realtors said
- Apr 28, 2020 03:06 PM IST
Real estate experts caution that several builders may find it difficult to service their interest payment commitments with sales drying up due to the lockdown.
- Apr 21, 2020 08:57 PM IST
While some have applied for permissions, others are in wait and watch mode.
- Mar 27, 2020 06:17 PM IST
ICRA said committed collections receivable from sales may get impacted as milestone based payments get deferred and homebuyers delay payments on account of economic uncertainties,
- Mar 27, 2020 01:52 PM IST
RBI's move will help builders in loan repayment and working capital management and homebuyers in servicing loans, say experts.
- Mar 26, 2020 10:15 AM IST
Considering the ingredients of a ‘force majeure’ event and the fact that COVID-19 has world-wide led to a situation which is far worse than SARS and Ebola, it should be conclusively categorised as a ‘force majeure event’
- Mar 02, 2020 01:49 PM IST
The onus is now on the SC to find a middle-ground whereby rights of homebuyers as financial creditors are not curtailed and the developers are not made to bear the brunt of unfettered rights vested in the hands of buyers