Pushing for Prime Minister Narendra Modi’s vision of providing “Housing for All” by 2022, State Bank of India (SBI) announced rate cut in low-cost home loans by 25 basis points to 8.35%.With this reduction SBI’s offering is the lowest in the market. The new rate will be effective from May 9th, 2017.
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Gurgaon home buyers believe the RERA draft rules of the Haryana government seeks exemption for projects for which the builders have already obtained completion or occupation certificates City home buyers on Sunday said no to the real estate regulatory authority
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Two days after the State Cabinet decided to implement the Real Estate (Regulation and Development) Act 2016 without any changes, citizen groups staged a protest here on Sunday asking the government to implement the Act at the earliest.
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Will RERA push property prices up? With Real Estate (Regulation and Development) Act, 2016 (RERA) coming into force from May 1, realtors see a short-supply, albeit temporarily, as new realty project launches will get delayed on account of stricter norms.
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A Mumbai-based developer and a Thane builder are probably among the first in the country to register their project under the Real Estate Regulatory Authority (RERA), which came into effect on May 1. Nayan Shah of Mayfair Housing was the first to upload his project plans
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The much awaited Real Estate Act comes into force on Monday with a promise of protecting the right of consumers and ushering in transparency but only 13 states and UTs have so far notified rules. The government has described the implementation of the consumer-centric act as the beginning of an era where the consumer is the king.
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