Real estate regulatory Act (RERA) is expected to be a game changer for the industry and widely change its working dynamics, according to MP Ahammed, chairman, Malabar Group of Companies. In an interview with Sobia Khan, Ahammed talks about the hurdles
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Coming down heavily on the states that have diluted the real estate regulatory Act, Union minister M Venkaiah Naidu on Tuesday said states have no power to dilute the provisions and this will have serious implications including public outcry.The minister of Housing and Urban Poverty Alleviation
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While the Real Estate Regulation Act is intended to simplify real estate purchase and make the process more transparent, we look at whether home seekers have anything to gain, by postponing their property purchase till their respective states implement the law
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The Goods and Services Tax (GST) is likely to make real estate developers shift focus to high volume, low to medium housing. Affordable housing costs could fall and those for the premium segment could rise, says a white paper titled Decoding GST and Real Estate Regulation by RICS, , a self-regulatory professional body
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The aim of RERA is to make real estate purchase simpler by bringing in better accountability and transparency. In doing so, it will also infuse a lot more confidence among buyers – who, at the end of the day, should feel as comfortable about investing in a home as they are about buying gold.
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A seminar on Real Estate Regulatory Rules, 2016 was organized by Consortium of Societies and AoA Federation, the apex organizations of resident bodies of Ghazvanid on Saturday. “This event was a medium for gathering momentum for a movement to demand changes in the real estate rules from the state government
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