BENGALURU : When realty prices hit the roof in Bengaluru and other major cities in the past two decades, small time brokers and agents had a free run as they became indispensable in the sector. But now with property brokerage coming under the ambit of the Karnataka Real Estate (Regulation and Development)
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The deadline for rolling out the Real Estate Regulation Act (RERA) is set to expire on July 30, but the country’s largest state, Uttar Pradesh, is nowhere near implementing it. The Yogi Adityanath government is yet to notify the rules, form a new authority, select its chairman and members,
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The Government of India enacted the Real Estate (Regulation and Development) Act 2016 on 26th March 2016 and all its provisions came into effect, from May 1, 2017. Developers have been given until the … READ FULL STORY The post What is RERA and how will it impact the real estate industry and home buyers? appeared first on Housing News.
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Three major reforms — demonetisation, Real Estate Regulation and Development Act (RERA) and Goods and Services Tax — introduced in a short span, seem to have taken the wind out of the sails of real estate sector in Telangana. While demonetisation derailed the momentum of the real estate for sometime that saw its resurgence after the formation of Telangana State,
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The notification of the Real Estate Regulatory Authority act (Rera) rules in Haryana has been delayed by a month, officials of the Town and Country Planning (TCP) department said. The home buyers are disappointment with the move as the deadline to notify the rules was June 30. Arun Kumar Gupta, financial commissioner TCP Haryana, said,
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While world’s urban population is expected to surpass six billion by 2045, it is estimated that by 2030, 40% of India’s population will be living in urban areas and contributing 75% of GDP. As per syndicated reports, at present, there’s a shortage of 18 million homes across the country of which 15 million are needed for low-income families.
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