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Real Estate Forum on Real Estate Regulation Bill

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The pros and cons of the real estate regulation Bill
Q: Now, there are many guidelines to be followed by builders/developers while constructing, launching and promoting new residential projects.

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Latest Answer: Hi Rakesh, I heard that housing and poverty alleviation ministry has prepared a Model Tenancy Bill, expected to be placed before the cabinet, that is aimed at an authority to register tenancy agreements with a special court to consider disputes. We should not ignore rental issues which a tenant has to face during rent a house. They have to pay huge amount a s a security deposit to the flat owners.
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Real Estate Bill Updates 2015
Q: Hi! The Real Estate Regulation Bill, which was 1st presented by the UPA government in the Rajya Sabha in August 2013, was accepted by the Union Cabinet on 7th April 2015.

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Latest Answer: But decision is yet to come Keshav.....and hoping for the best... Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
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Cabinet approved for amendments to Real Estate Bill
Q: Good news for property buyers! The Union Cabinet has approved the Real Estate Development and Regulation Bill along with certain key amendments.

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Latest Answer: But decision is yet to come Kaushik.....and hoping for the best... Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
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the Real Estate Regulation & Development Bill of 2013 is taking final shape for approval.
Q: The Real Estate (Regulation & Development) Bill, 2013, drafted by the last union government has submitted for few changes and is now in final stages of being presented for approval by the present government.

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Latest Answer: But decision is yet to come.....and hoping for the best... Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
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Kerala High Court gives rights support to apartment owners.
Q: Kerala high court directed the state government to implement the Kerala Apartment Ownership Act, 1983.

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Latest Answer: click to see the features of ASSET HOMES (http://assethomes.in/darshan/ )
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2bhk for rent
Q: Looking for a 2bhk for rent under 20k excl maintenance. This is for our family.

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Latest Answer: The Shreya West Metro in Chanda Nagar has 2 bhk apartments for rent. This apartment is well maintained and has good facilities. I think you will like this apartments. The rent per month in here for 2 bhk is 13,000 rupees per month. The size in here is around 1000 sq ft to 1100 sq ft.
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Real estate regulation Bill coming soon, says Venkaiah Naidu
Q: The NDA Government is planning to introduce a extensive real estate regulation bill to protect the interests of the buyers as well as to regulate the industry

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Latest Answer: But decision is yet to come Subramanya sir.....and waiting for the finger crossed... Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
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What will happen in Real estate regulatory bill?

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Latest Answer: I totally agree with you Arpit...... "All's Well That Ends Well" is a Idioms that suited this market perfectly. It is true that the bill can help farmers but at the same time it will not harm the real estate sector or developers if it is handled in a right manner.
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Real Estate Regulation Bill
Q: I heard about real estate regulation bill, that the centre is hoping to bring in the twin states of Telengana and Seemandhra. Is this true guys? Will this bill be in favour of the buyers or the builders?

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Latest Answer: Good evening friends!!!!! It is noted that the Housing Ministry has accepted a proposal of a Parliamentary panel's recommendation on the Real Estate Bill to make the provisions stricter and increase the 50% threshold but not lower it. The Housing and Urban Poverty Alleviation ministry has also accepted all 38 recommendations made by the 21-member Rajya Sabha select committee which submitted its report last week.
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Will real estate bill increasing property prices?
Q: Is it true that bill will lead to increase in costs?? If yes, then why the property costs would rise??

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Latest Answer: Hi all.. this is an interesting topic.. I would like to add some info in this thread. The price hike on properties is not only because of the bill.. many states are rising registration charges for properties. This will also add to rise in house rates. Adding to this, global recessionary trends and regional political uncertainties have also been affecting the prices of properties in India.
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