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  • CLSS freebie: Properties under all development authorities, planning and rural areas to finally make the cut Jan 15, 2018 12:50 PM IST

    CLSS freebie: Properties under all development authorities, planning and rural areas to finally make the cut

    Coverage of PMAY enhanced to include properties in rural areas, industrial belts and rural pockets within SEZs

  • Will mega real estate changes in 2017 benefit homebuyers? Dec 28, 2017 02:54 PM IST

    Will mega real estate changes in 2017 benefit homebuyers?

    The sector went through phases of both uncertainty and hope as both developers and homebuyers struggled to come to terms with a slew of regulatory reforms.

  • Planning to buy a home? Here are 10 things to follow for a safe purchase Oct 23, 2017 12:02 PM IST

    Planning to buy a home? Here are 10 things to follow for a safe purchase

    if you are planning to buy property now, buy only for self use. This is not an investors’ market and appreciation in property prices is unlikely for the next two years

  • Insolvency rules amendment on stakeholder protection ‘cosmetic’, say homebuyers Oct 13, 2017 03:15 PM IST

    Insolvency rules amendment on stakeholder protection ‘cosmetic’, say homebuyers

    The Insolvency and Bankruptcy Board of India (IBBI) has amended rules to mandate that any resolution plan for a company has to explicitly state how it has dealt with the interests of all stakeholders

  • SC refuses to extend October 27 deadline to Jaypee Associates for submitting Rs 2000 cr Oct 09, 2017 02:28 PM IST

    SC refuses to extend October 27 deadline to Jaypee Associates for submitting Rs 2000 cr

    JAL had requested for an urgent hearing on October 13 for an extension of the 45-day period (that ends of October 27) for depositing Rs 2000 crore but the Supreme Court disallowed it.

  • Amrapali homebuyers challenge IBC provisions in SC, seek ‘secured creditors’ status Sep 20, 2017 08:39 PM IST

    Amrapali homebuyers challenge IBC provisions in SC, seek ‘secured creditors’ status

    The homebuyers' petition states that buyers be treated at par with financial creditors

  • Karnataka homebuyers file writ petition challenging state RERA's 'ongoing projects' rule Sep 19, 2017 05:59 PM IST

    Karnataka homebuyers file writ petition challenging state RERA's 'ongoing projects' rule

    Homebuyers in Karnataka have filed a writ petition in the high court challenging the “explanation” attached to 'ongoing projects' rule in the Karnataka Real Estate (Regulation and Development) Rules 2017.

  • Attention Amrapali homebuyers! Today is the last date to fill claim forms Sep 19, 2017 12:54 PM IST

    Attention Amrapali homebuyers! Today is the last date to fill claim forms

    The supporting documents for proof that homebuyers are required to attach with the claim form include documents such as allotment letter, receipts, sale deed, agreement of Sale, bank statements, etc

  • Govt considering changes in bankruptcy law to protect homebuyers: Hardeep Singh Puri Sep 15, 2017 07:26 PM IST

    Govt considering changes in bankruptcy law to protect homebuyers: Hardeep Singh Puri

    The government is studying the Insolvency and Bankruptcy Code on a “comprehensive basis” to amend the law to provide relief to thousands of homebuyers stuck in projects where builders are claiming insolvency.

  • SC directs Jaypee Infratech to deposit Rs 2,000 crore Sep 11, 2017 02:12 PM IST

    SC directs Jaypee Infratech to deposit Rs 2,000 crore

    The next hearing is set for November 13. Meanwhile, the SC has restrained the former CEO and Managing Director Manoj Gaur of Jaypee Infratech from leaving the country.

  • As Aug 24 deadline nears, here are the 3 options before Jaypee homebuyers to file claims Aug 22, 2017 08:54 PM IST

    As Aug 24 deadline nears, here are the 3 options before Jaypee homebuyers to file claims

    With 50 hours left to file their claims, 40,000 home buyers stuck in incomplete projects floated by Jaypee Infratech, against which the NCLT recently started insolvency proceedings, have three options before them.

  • As states allow developers extra time to register with RERA, home buyers cry foul Aug 08, 2017 11:55 AM IST

    As states allow developers extra time to register with RERA, home buyers cry foul

    While there is no specific provision under RERA that allows states to extend the time period for registration for three months, most of them are doing so by interpreting the penalty clause

  • RBI repo rate cut set to provide major fillip to real estate Aug 02, 2017 04:50 PM IST

    RBI repo rate cut set to provide major fillip to real estate

    Real estate and banking experts anticipate the home loan interest rate to hover around 8 percent once the banks decide to pass on the benefit to consumers.

  • GST impact: Property sales likely to weaken for one to two quarters Jul 18, 2017 05:27 PM IST

    GST impact: Property sales likely to weaken for one to two quarters

    Over the medium term, developers may be encouraged to pass on the cost benefits to customers to comply with the anti-profiteering clause introduced in the Central Goods and Services Tax of 2017

  • Planning to sell your property? This is how GST will impact the deal Jul 18, 2017 12:34 PM IST

    Planning to sell your property? This is how GST will impact the deal

    The decision to sell property must depend on your financial requirements and the price you are getting

  • Post GST regime: Should you buy property now or wait? Jul 11, 2017 12:10 PM IST

    Post GST regime: Should you buy property now or wait?

    Homebuyers wanting to purchase a house immediately should go in for projects that have received an occupation certificate or one that is expected to get permission soon.

  • Homebuyers may defer purchase decision until more clarity emerges on GST Jun 28, 2017 06:27 PM IST

    Homebuyers may defer purchase decision until more clarity emerges on GST

    Homebuyers may even decide to wait for real estate projects to get completed to avoid paying GST altogether

  • How much input tax credit benefit will homebuyers get under GST after July 1? Jun 27, 2017 04:59 PM IST

    How much input tax credit benefit will homebuyers get under GST after July 1?

    Real estate developers may pass on differential input tax credit benefit to homebuyers invested in the same project depending on the amount that may be due from them to the builder on July 1, say real estate experts.

  • Planning to buy a house through a bank auction? Here's what you need to know Jun 09, 2017 01:35 PM IST

    Planning to buy a house through a bank auction? Here's what you need to know

    Properties bought in e-auctions are sold at an ‘as is where is’ basis and are mostly offered at a discount of 10-15% to market price, because of the problems associated with non-performing assets (NPA).

  • Looking for a good property deal? Buy a home with extra ‘half bedroom’ Jun 07, 2017 02:29 PM IST

    Looking for a good property deal? Buy a home with extra ‘half bedroom’

    Finding it hard to purchase a house that suits your budget? A ‘half more’ apartment could be the solution for you.

  • GST may help reduce cost of construction; bring down property prices May 26, 2017 04:25 PM IST

    GST may help reduce cost of construction; bring down property prices

    The new GST rate may increase prices of premium units due to high land costs, but the amount of benefit that a buyer may get will depend on the demand-supply situation and competition in a micro market

  • Parking woes: This is how RERA distinguishes parking space and garage May 26, 2017 11:09 AM IST

    Parking woes: This is how RERA distinguishes parking space and garage

    The Real Estate (regulation and development), Act, 2016 (RERA) for the first time clearly defines that parking will be part of the common area

  • RERA effect: Homebuyers can now exit the real estate project at any stage May 08, 2017 11:19 AM IST

    RERA effect: Homebuyers can now exit the real estate project at any stage

    The builder is also bound by law to return the money collected from buyers within 45 days, after deducting the booking amount

  • RERA may help homebuyers seek better loan terms, easier access to finance May 05, 2017 11:43 AM IST

    RERA may help homebuyers seek better loan terms, easier access to finance

    Financial sector experts believe lenders would gain extra comfort in extending loans to homebuyers under the new real estate law, which came into force from May 1.

  • Homebuyers’ forum writes to PM Modi seeking govt intervention on delayed apartments Apr 20, 2017 12:37 PM IST

    Homebuyers’ forum writes to PM Modi seeking govt intervention on delayed apartments

    In a letter sent to the Prime Minister recently, Fight for RERA, a pan India homebuyers forum, said that “a committee be formed to come up with a Satyam Computer-like solution to provide reprieve to homebuyers whose life-time savings are stuck in unfinished projects. Time is of the essence and any delay would leave homebuyers in a lurch permanently since there will be nothing left in the companies to complete the projects.”

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