Real Estate – Page 6 – Rera Consulting

RERA Provisions Would Apply To Long-Term Lease Agreements: HC

August 9, 2018September 17, 2018 ncrcollateral

Mumbai, Aug 8 () The Bombay High Court has ruled that provisions of the Maharashtra Real Estate Regulatory Authority would apply in cases of long-term lease agreements and that compensation complaints can be heard by it. A single bench of Justice Shalini Phansalkar Joshi passed the ruling yesterday while hearing appeals filed

RERA Impact: Listed Firms Bag Bigger Pie of New Starts

August 8, 2018September 11, 2018 ncrcollateral

Mumbai/Bengaluru: India’s property industry leaderboard is finally beginning to mirror those in other sectors of the broader economy about a year after RERA became a reality. Larger organised players, which often found themselves being undercut by smaller rivals in the past, are garnering a greater share of business,

The Dos and Don’ts of NRI Investing In Indian Realty

August 7, 2018September 6, 2018 ncrcollateral

Amongst the NRI’s there are 3 types of investors. The first type look for short term gains over a period of 1-3 years, the second type look to buy for themselves and the third type are long term investors who want to be in the market for 7-10 years.

Former UP Shief Secretary is RERA Chief

August 6, 2018September 4, 2018 ncrcollateral

Amrapali home buyers object to sale of commercial space in housing projects

LUCKNOW: Former UP chief secretary Rajive Kumar has been appointed the chairman of RERA. In a press release issued by principal secretary (housing) Nitin Ramesh Gokaran, late this evening it was informed that while Rajive Kumar has been appointed chairman of RERA, Balwinder Kumar, another

RERA Slaps 32 Notices

August 4, 2018September 3, 2018 ncrcollateral

PATNA: The Real Estate Regulatory Authority (RERA) on Wednesday issued 32 fresh show-cause notices to 10 real estate firms for advertising their projects without registering with the authority under the Real Estate (Regulation and Development) Act, 2016. The ongoing project,

MahaRERA’s 15 conciliation benches to be operational from Feb 1

January 31, 2018July 9, 2018 ncrcollateral

MUMBAI: The Maharashtra Real Estate Regulatory Authority or MahaRERA’s much-awaited 15 conciliation benches will start functioning from February 1.These benches comprising two members each, one from realty developers’ industry body and another from consumer forums, representing homebuyers would aim to provide faster relief to aggrieved entities. These teams have been formed in the backdrop of MahaRERA receiving many complaints and looking to create a filter. This body can be approached by homebuyers and builders for reaching a consensus, thus leaving only matters that cannot be resolved for MahaRERA’s intervention. The…