Real Estate Regulatory Authority

Construction began in 2014, and completion was scheduled for 2018. But with completion nowhere in sight, allottees filed cases against the builder with KRERA. Meanwhile, the builder seems to be struggling with a debilitating cash crunch.

Homebuyers' body FPCE wants RERA to be made functional in West Bengal to protect consumers

In May last year, the Supreme Court had struck down the West Bengal government’s law WBHIRA for regulating real estate sector, saying it was ”unconstitutional”.

Real estate companies plan to invest Rs 18,900 crore in Jammu and Kashmir

The agreements were signed at the first J&K real estate summit, which is expected to spur employment, investment and economic growth, housing minister Hardeep Singh Puri said.

Director of Noida-based builder's firm arrested over pending stamp duty

An order for recovering the stamp duty (of Rs 12 lakh) – known as recovery certificate (RC) – was issued by the Real Estate Regulatory Authority (RERA).

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

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

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

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

Can budget 2017 compensate for demonetisation‘s impact on realty?

Many within the Indian real estate fraternity, privately admit that the government‘s demonetisation drive, has done more damage to the real estate business than even the Lehman Brothers crisis. “The sector has suffered badly, &#82

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

Loan growth in single-digits so far; see pick-up now: SBI

Speaking to CNBC-TV18 Anshula Kant, Deputy MD & CFO of SBI said that deposit growth has been strong for the bank. Sudhin Choksey, MD of Gruh Finance, said that demand side incentives are a significant relief to families in the segment. Jairam Sridharan, CFO, Axis Bank said the government schemes are good.

Housing fin cos expected to grow at 18-19%: PNB Housing Finance

Speaking to CNBC-TV18 Sanjaya Gupta, MD of PNB Housing Finance said that he expects the market size in the housing finance sector to get re-defined next year.

Real Estate Act‘s rules notified: What it means for buyers and builders

The union government of India recently notified the rules under the Real Estate Regulation Act, which will be applicable to the five union territories. Now, all the states are expected to notify their own &#82

‘Things are getting better for the real estate market, with recent developments‘

While there has been a slump in the market across the country, this is the best time to buy, as sales have started to gather momentum again, says Rohit Raj Modi, VP North, CREDAI &#82

Independence Day special: Challenges and opportunities in the property market

The Indian real estate sector, has witnessed several ups and downs in the 69 years since independence. Despite its long journey, this industry still needs several reforms, while many challenges continue to hinder the &#82

Housing sales decline 2.2% to 1.58 lakh units in FY16

Property consultant JLL India in its monthly report said housing sales in January-March period of 2016 rose by 9 percent over the previous quarter.

Rahul Gandhi assures home buyers of a strong Real Estate bill

Noting that Real Estate Regulatory Authority (RERA) Bill was introduced by Congress in 2013, he said he would urge Government to bring the Bill in the House at the earliest.

Here's why all is not well in Real Estate Bill

With the introduction of a proposed real estate regulator, home buyers are perceived to be benefited at the time of buying their dream homes. However, everything is not hunky dory. You need to read the lines in between.