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real estate (regulation and development) act
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  • Residential real estate in India is set to make a comeback Jun 18, 2019 05:32 PM IST

    Residential real estate in India is set to make a comeback

    With an increased number of buyers eligible to benefit from home loan subsidies and marginal GST rates — coupled with the emergence of new asset classes such as student housing — the residential real estate market looks well on course to recovery.

  • RERA: The final hope of home buyers? May 18, 2017 08:00 AM IST

    RERA: The final hope of home buyers?

    The Indian real estate sector has been largely unregulated except for a few states like Maharashtra, Uttar Pradesh, Andhra Pradesh, Delhi and Karnataka. Any pro-consumer development was solely a result of judicial activism. This &#82

  • How will RERA impact real estate agents? May 12, 2017 08:00 AM IST

    How will RERA impact real estate agents?

    Under the Real Estate (Regulation and Development) Act (RERA), which came into force on May 1, 2017, real estate agents will need to register themselves, to be able to facilitate a transaction. The broker &#82

  • Post RERA, will Haryana home buyers turn to Allottees‘ Grievance Redressal Forum? May 11, 2017 08:00 AM IST

    Post RERA, will Haryana home buyers turn to Allottees‘ Grievance Redressal Forum?

    Sunil Singh, a resident of Gurugram, continues to wait for the completion of his group housing project, where only 50 per cent of the project is complete and the authority has issued the occupancy &#82

  • With RERA a reality, should you buy a home now, or wait? May 10, 2017 06:00 PM IST

    With RERA a reality, should you buy a home now, or wait?

    The Real Estate (Regulation and Development) Act (RERA) has finally become a reality. Although there still are plenty of hiccups and it will take some time for the industry to absorb all the facets &#82

  • How will GST impact the various segments of Indian real estate? May 09, 2017 02:00 PM IST

    How will GST impact the various segments of Indian real estate?

    The Goods and Services Tax (GST) is, beyond doubt, the most revolutionary tax-related reform to be seen in India in several decades. It will eliminate the conflicting and cascading taxation structures, which have confounded &#82

  • 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.

  • Realty lenders seek clarity and protection from RERA May 02, 2017 07:00 PM IST

    Realty lenders seek clarity and protection from RERA

    Lenders who fund developers for real estate projects, have expressed concern that their role is not covered or lacks clarity under the Real Estate (Regulation and Development) Act (RERA). Consequently, bankers indicated that they &#82

  • RERA roadmap in West Bengal still not clear May 02, 2017 07:00 PM IST

    RERA roadmap in West Bengal still not clear

    West Bengal Housing Minister, Sovan Chatterjee, has said that although the state was working on the Real Estate (Regulation and Development) Act (RERA), “I am unable to tell, by when we will be able &#82

  • Delayed notification, non-uniformity in rules may dilute RERA: ICRA May 02, 2017 06:00 PM IST

    Delayed notification, non-uniformity in rules may dilute RERA: ICRA

    Noting that the Real Estate (Regulation and Development) Act (RERA), had the potential to bring about a paradigm shift in the way the real estate industry operates and improve the level of transparency and &#82

  • Housing minister Naidu expresses concern, asks states to notify real estate rules May 02, 2017 06:00 PM IST

    Housing minister Naidu expresses concern, asks states to notify real estate rules

    Union Minister M Venkaiah Naidu has asked the chief ministers to soon notify the rules under the Real Estate Act, which came into force on May 1, 2017. “It is a matter of concern &#82

  • Real Estate Act comes into force, only 13 states notify rules May 02, 2017 06:00 PM IST

    Real Estate Act comes into force, only 13 states notify rules

    Although the Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016 and all the 92 sections of the Act come into effect from May 1, only 13 states and &#82

  • RERA comes into force but concerns remain May 02, 2017 01:00 PM IST

    RERA comes into force but concerns remain

    The Real Estate (Regulation and Development) Act, 2016, popularly known as RERA, came into effect from May 1, 2017, as was originally stipulated a year ago. It is not as if the states have &#82

  • RERA may push up construction costs by 10 per cent Apr 28, 2017 07:00 PM IST

    RERA may push up construction costs by 10 per cent

    The Real Estate (Regulation and Development) Act (RERA), aimed at offering protection to home buyers, is expected to have a negative impact on home price. “There will be an increase in price of homes, &#82

  • Dilutions threaten RERA‘s effectiveness Apr 28, 2017 08:00 AM IST

    Dilutions threaten RERA‘s effectiveness

    The initial euphoria generated after the notification of the Real Estate (Regulation & Development) Act (RERA), on May 1, 2016, is now waning, with increasing doubts over its effectiveness in protecting the consumers‘ interests. &#82

  • Maharashtra‘s Housing Regulatory Authority to start functioning from May 1, 2017 Apr 21, 2017 02:00 PM IST

    Maharashtra‘s Housing Regulatory Authority to start functioning from May 1, 2017

    With Maharashtra finalising the rules under the real estate act, its Housing Regulatory Authority will start operating from May 1, 2017, said a government official. The Authority has been set up under the Real &#82

  • Naidu tells states to swiftly notify real estate rules, by May 1, 2017 Apr 20, 2017 07:00 PM IST

    Naidu tells states to swiftly notify real estate rules, by May 1, 2017

    Union Minister, M Venkaiah Naidu, on April 20, 2017 exuded confidence that states would meet the deadline of notifying the real estate rules, with only 10 days left for the implementation of the Realty &#82

  • Now is the time to book your dream home as property prices are set to head north Mar 27, 2017 01:57 PM IST

    Now is the time to book your dream home as property prices are set to head north

    Real estate experts feel that home prices have bottomed out and they are likely to move higher in the new financial year. They say that this could be one of the best times to buy your home since loan rates, too, are attractive.

  • Ensure timely delivery of housing units: Naidu to builders Mar 07, 2017 02:00 PM IST

    Ensure timely delivery of housing units: Naidu to builders

    Addressing the realtors’ apex body CREDAI Conclave, Union Housing and Urban Poverty Alleviation Minister, M Venkaiah Naidu, on March 6, 2017, expressed concern over the skyrocketing land prices in some cities and said it &#82

  • Realistic pricing key to market revival in 2017: Colliers International’s India Property Outlook Mar 02, 2017 03:00 PM IST

    Realistic pricing key to market revival in 2017: Colliers International’s India Property Outlook

    Residential real estate sector In 2016, about 89,000 residential units were launched across the six major cities in India, which is 34% less than the units launched in 2015. Out of the total new &#82

  • Demonetisation and RERA: How will it impact property prices? Feb 22, 2017 03:00 PM IST

    Demonetisation and RERA: How will it impact property prices?

    On November 8, 2016, the Government of India de-notified currency notes of Rs 500 and Rs 1,000 as legal tender. The temporary shortage of cash adversely impacted several sectors that depended on cash, notably &#82

  • UP‘s draft RERA rules: Does it protect buyers‘ interests? Feb 16, 2017 08:00 AM IST

    UP‘s draft RERA rules: Does it protect buyers‘ interests?

    Recently, the Uttar Pradesh government notified the draft Real Estate (Regulation and Development) Act (RERA) rules. Here is a holistic comparison of the Uttar Pradesh draft rules and the Act legislated by the central &#82

  • States‘ real estate rules to be examined by parliamentary committee Feb 09, 2017 02:00 PM IST

    States‘ real estate rules to be examined by parliamentary committee

    Minister of State for Housing and Urban Poverty Alleviation (HUPA), Rao Inderjit Singh, in written reply to a question in the Lok Sabha on February 8, 2017, said that the ministry has received representation &#82

  • Budget 2017: The Aam Admi‘s verdict Feb 02, 2017 08:00 PM IST

    Budget 2017: The Aam Admi‘s verdict

    Sandeep Doke Senior manager – telecom industry, Pune Home buyers‘ confidence in the real estate industry, is likely to increase, if the Real Estate Regulation Act (RERA) is implemented at the earliest. Demonetisation has &#82

  • Naidu warns states against diluting real estate law Jan 18, 2017 02:00 PM IST

    Naidu warns states against diluting real estate law

    Union Housing and Urban Poverty Alleviation Minister, M Venkaiah Naidu, on January 17, 2017, asked all states to implement the Real Estate (Regulation and Development) Act, at the earliest. Describing it as one of &#82

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