Under the Real Estate (Regulation and Development) Act (RERA), which came into force on May 1,2017, real estate agents will need to register themselves, to be able to facilitate a transaction. The broker segment in India, is estimated to be a USD 4 billion industry, with an estimated
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The Tamil Nadu government has said it will notify the rules under the Real Estate Regulatory Act and appoint a regulator by the month end, according to Union Urban Development Minister Venkaiah Naidu. Addressing a press conference jointly with the Chief Minister Edappadi K Palaniswami following a review of urban development and housing projects supported by the Centre,
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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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