Increasing institutional participation, along with a push for transparency, has led to the adoption of best industry practices in India’s commercial real estate market. This has led to the country’s …
RERA
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Real Estate
Homebuyers’ body writes to Centre, objects to MahaRERA setting up conciliation forum to settle buyers-builders disputes
by Adminby AdminRaising objections to Maharashtra real estate regulator MahaRERA’s decision to constitute and be part of a conciliation forum to settle disputes between homebuyers and builders, a pan-India homebuyers’ body, Forum …
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Real Estate
Karnataka RERA news: Retired IAS officer Rakesh Singh appointed new K-RERA chief
by Adminby AdminThe Government of Karnataka has placed retired IAS officer Rakesh Singh at the helm of the state’s Real Estate Regulatory Authority as its chairman. The position fell vacant earlier this …
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Real Estate
Explained: This is how MahaRERA plans to fix leakage issues in apartments
by Adminby AdminThe Maharashtra Real Estate Regulatory Authority (MahaRERA) on August 16 amended the MahaRERA Rules making it mandatory for real estate developers to submit a third party quality assurance certificate to …
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Real Estate
5 checks that homebuyers should undertake before choosing a real estate agent in Maharashtra
by Adminby AdminThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has made it mandatory for real estate agents to undergo training and obtain the prescribed registration certificate. It had warned that a failure …
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Real Estate
UP RERA warns to put 400 real estate projects in ‘abeyance’ over delay in uploading maps and land records
by Adminby AdminTo safeguard the interests of homebuyers, the UP RERA on August 16 said that promoters of 400 group housing projects in Uttar Pradesh have been warned of putting them in …
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Real Estate
Here are 5 legal options before homebuyers if their housing project is excessively delayed
by Adminby AdminThe Indian Banks’ Association (IBA) has estimated that there are 4.12 lakh stressed residential units, involving over ₹4 lakh crore, in the country. More than half of these units—about 2.40 …
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Real Estate
Keystone Realtors reports 45% decline in profit in June quarter of FY25
by Adminby AdminMumbai-based listed real estate developer Keystone Developers, also known as Rustomjee Group, on August 5 reported an almost 45% fall in profit from ₹47 crore in Q1FY24 to ₹26 crore …
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Real Estate
Mumbai real estate pros miffed over withheld brokerage fees, boycott imminent
by Adminby AdminPopular real estate influencer-cum-consultant Rafiq Merchant took to Instagram on July 9, 2024, blaming actress and Bigg Boss contestant Divya Agarwal for allegedly withholding his one per cent brokerage fee …
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Real Estate
Details of real estate project grading expected to be made public in a month: MahaRERA chief
by Adminby AdminDetails of real estate project grading are likely to be made public by the Maharashtra Real Estate Regulatory Authority (MahaRERA) in a month. The MahaRERA intends employing artificial intelligence (AI) …