Latest News on Real estate act
Showing of 0 - 10 from 10 results
Real estate act - Total results - 10
May 09, 2017
Affordable housing: RERA effect to shield cost-sensitive buyers, but lack of clarity worrying developersAlthough RERA will protect the interest of the cost-sensitive buyers and ensure greater transactional and delivery vigilance on the part of the developers, it needs to progress so as to cover all possibilities as well as geographies unvaryingly
May 08, 2017
RERA rules: Penalty under Act applies to current projects too, says homebuyer bodyThe RERA came into effect from May 1.
May 03, 2017
RERA: With state govts diluting key provisions, can the Act protect buyers at all?The RERA is expected to make things better for the prospective home buyer, at least in theory. But in practice it’s off to a bad start
May 02, 2017
RERA rules: Maharashtra govt diluted the Act to favour builders' lobby; it's grossly unfair for the buyerThe builders of ongoing projects by submitting only the last sanctioned plan for registrations as mentioned in the Maharashtra Real Estate rules are in an advantageous position
May 02, 2017
RERA takes off for the good: Here's what states that notified the rules should doOnce the law comes into effect, developers can no longer solicit investors or purchasers without approval of the authority
May 02, 2017
RERA likely to get diluted due to delayed notification, non-uniform rulesSo far, only seven states have notified the required rules. The absence of a regulator or appropriate rules can result in a regulatory vacuum and dilution of the Acts provisions
May 01, 2017
RERA myths busted: No big relief for stuck home buyers, house prices won't riseIt will take about 3 years to clear the current unsold inventory in India’s top 8 markets, including Gurgaon and Mumbai. So, new launches or not, there’s enough supply in the market to keep prices moderate
Aug 24, 2016
'Realty law to cut litigation, ensure timely project delivery'A major outcome of the survey is that industry feels that the rule of depositing 70 per cent of sales proceeds in a separate account will help in getting timely delivery of the project and eliminate fly-by-night operators in the real estate
May 01, 2016
Relief to home buyers: New Real Estate Act comes into force today; builders can't delay projectsThe law also makes it mandatory for all residential and commercial projects to register with the Regulator and will apply to new and ongoing projects.
Oct 20, 2011
Finally! A consumer-friendly real estate actThe draft Act will, without a doubt, help in consumers making informed decisions on what is almost certainly the most significant investment that they make.