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  • Big relief for homebuyers: SC says builder-buyer agreement must be considered as flat allotment date, not when project got RERA registered Nov 05, 2020 09:55 AM IST

    Big relief for homebuyers: SC says builder-buyer agreement must be considered as flat allotment date, not when project got RERA registered

    Homebuyers have welcomed the order saying that the apex court has restored the sanctity of the builder-buyer agreement and the developers' stand of linking the allotment or handover of flats with the date of RERA registration has been dispelled

  • Homes worth around Rs 88,730 crore sold in top-7 cities in January-September Oct 12, 2020 12:18 PM IST

    Homes worth around Rs 88,730 crore sold in top-7 cities in January-September

    Overall sales value in 2020 highest in MMR (Rs 49,313 crore) followed by Bengaluru (Rs 12,569 crore) and NCR (Rs 9,430 crore); Upcoming festive season to see more homebuyers back on the market, a report has said

  • Housing sales, new launches hit by coronavirus, but festive season may brighten things up Sep 21, 2020 01:05 PM IST

    Housing sales, new launches hit by coronavirus, but festive season may brighten things up

    Also, with several physical and operational hurdles in place, the real estate sector is expected to witness large-scale adoption of digitisation

  • Will Maharashtra's 50% cut in stamp duty boost housing demand? Aug 27, 2020 03:09 PM IST

    Will Maharashtra's 50% cut in stamp duty boost housing demand?

    Experts say that while this temporary but strong inoculation into the dampened market sentiment will help revive sales, it may not be enough. Tax sops by the government and discounts by developers may do the trick

  • RERA disposes of almost 50,000 complaints in three years Jul 14, 2020 01:58 PM IST

    RERA disposes of almost 50,000 complaints in three years

    UP sees maximum disposal of real estate complaints at 18,509 cases; Haryana comes second with 9,919 cases disposed and Maharashtra is at the third spot with 7,883 cases disposed.

  • What RERA timeline extension means for homebuyers, real estate developers May 15, 2020 08:04 AM IST

    What RERA timeline extension means for homebuyers, real estate developers

    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

  • Coronavirus lockdown: Should you invest in a property now? Apr 22, 2020 03:59 PM IST

    Coronavirus lockdown: Should you invest in a property now?

    While there may be several deals available in the market and the scope for negotiations is high, homebuyers should do their due diligence well as now may not be a good time to take risks

  • COVID-19 economic task force should ensure interest of homebuyers, stakeholders is protected, say realtors Mar 19, 2020 10:25 PM IST

    COVID-19 economic task force should ensure interest of homebuyers, stakeholders is protected, say realtors

    EMIs payable by homebuyers as well as dues from developers be deferred for a year: Credai MCHI

  • Exclusive | Construction of Jaypee projects may see delay as NBCC mulls NCLAT appeal Mar 11, 2020 06:37 PM IST

    Exclusive | Construction of Jaypee projects may see delay as NBCC mulls NCLAT appeal

    Legal experts said that timely compliance of the order is essential to ensure that projects are not delayed.

  • Budget 2020 has no bearing on real estate, focus continues on infrastructure, say experts Feb 01, 2020 06:18 PM IST

    Budget 2020 has no bearing on real estate, focus continues on infrastructure, say experts

    Real estate developers disappointed with the Budget, say it failed to address liquidity concerns and did not provide any major incentives to boost sluggish sales.

  • Supreme Court approves takeover of Unitech's management by Centre Jan 20, 2020 04:53 PM IST

    Supreme Court approves takeover of Unitech's management by Centre

    The bench headed by Justice DY Chandrachud gave two months’ time to the new eight-member board to prepare the resolution framework for completing the pending projects and place the report before the Supreme Court.

  • NAREDCO's portal can become the 'Amazon' of real estate sector: MoHUA Secretary Jan 14, 2020 08:03 PM IST

    NAREDCO's portal can become the 'Amazon' of real estate sector: MoHUA Secretary

    "The housing website is an important step towards empowering homebuyers and will enable them to take an informed decision," he said.

  • SBI to refund homebuyers if builder delays project Jan 09, 2020 08:48 AM IST

    SBI to refund homebuyers if builder delays project

    The scheme which will begin from 10 cities, and include affordable housing projects priced up to Rs 2.50 crore.

  • Jaypee insolvency case | Homebuyers, banks vote in favour of NBCC Dec 16, 2019 06:42 PM IST

    Jaypee insolvency case | Homebuyers, banks vote in favour of NBCC

    Some take a cautious approach and vote for both Suraksha Realty and NBCC

  • Nirmala Sitharaman's booster dose for real estate sector: Key takeaways Nov 06, 2019 08:20 PM IST

    Nirmala Sitharaman's booster dose for real estate sector: Key takeaways

    The decision came a day after the FM had hinted that the government was planning more reform measures for the real estate sector.

  • Macro@Moneycontrol | SC upholds IBC Amendments Aug 16, 2019 10:36 PM IST

    Macro@Moneycontrol | SC upholds IBC Amendments

    Supreme Court on August 9 upheld the amendment in the Insolvency and Bankruptcy Code that confers them the status of financial creditors under IBC

  • Amrapali diverted homebuyers' money to Dhoni, wife's firms, says Supreme Court Jul 24, 2019 01:09 PM IST

    Amrapali diverted homebuyers' money to Dhoni, wife's firms, says Supreme Court

    Amrapali’s "arrangement" with Rhiti Sports Management Private Limited and Amrapali Mahi Developers Private Limited came to light during a forensic audit ordered by the apex court of the real estate developer in 2018.

  • Amrapali case: SC appoints NBCC to complete unfinished projects; offers relief to over 40,000 homebuyers Jul 23, 2019 06:44 PM IST

    Amrapali case: SC appoints NBCC to complete unfinished projects; offers relief to over 40,000 homebuyers

    The apex court holds banks, Noida and Greater Noida authorities responsible for the Amrapali mess.

  • DDA Housing Scheme 2019 draw concludes, results uploaded on website Jul 23, 2019 10:00 AM IST

    DDA Housing Scheme 2019 draw concludes, results uploaded on website

    Launched on March 25, the DDA Housing Scheme was to close on May 10, 2019. The Authority later decided to extend the closing date for registration by a month.

  • More choices for smaller apartments in Gurugram soon Jul 01, 2019 03:01 PM IST

    More choices for smaller apartments in Gurugram soon

    Proposed changes in area norms to address the issue of affordability and bring in much-needed liquidity into the real estate market.

  • Budget wishlist: Real estate sector pitches for increased bank funding, reintroduction of ITC in GST Jun 17, 2019 05:55 PM IST

    Budget wishlist: Real estate sector pitches for increased bank funding, reintroduction of ITC in GST

    There needs to be more direct benefits for buyers by way of reduction in income tax slabs, higher relief on housing loan rates, and an increase in the deduction limit under Section 80C from the current Rs 1.5 lakh a year, said experts.

  • Jaypee Infratech case: Voting on NBCC bid underway; IDBI moves NCLAT to vote against plan May 31, 2019 07:37 PM IST

    Jaypee Infratech case: Voting on NBCC bid underway; IDBI moves NCLAT to vote against plan

    The voting on the NBCC bid began at noon on May 31 and is expected to continue for ten days until June 10.

  • Unity is strength – Homebuyers can work together to achieve common goals May 30, 2019 12:55 PM IST

    Unity is strength – Homebuyers can work together to achieve common goals

    Homebuyers' groups help gain insights into how others have achieved success. It is a platform buyers can approach for resources and support to fight their battle.

  • Almost half of over 13,000 complaints filed with UP RERA disposed: Chairman May 07, 2019 11:35 AM IST

    Almost half of over 13,000 complaints filed with UP RERA disposed: Chairman

    A unified system of clearances is expected within the next four months, UP RERA chairman Rajive Kumar tells Moneycontrol.

  • Lenders reject Suraksha Realty’s bid for Jaypee Infratech a second time May 03, 2019 09:30 PM IST

    Lenders reject Suraksha Realty’s bid for Jaypee Infratech a second time

    Homebuyers say that they are now focusing on the NCLT hearing on May 6 and are hopeful that the resolution process would get an extension. They are definitely not in favour of the company going into liquidation.

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