Latest Answer: Come on guys, give them a break! It took them decades to regulate to come to this point and now you want it to be implemented so soon! Step by Step!
Latest Answer: Not only this, the term carpet area has been clearly defined to eliminate any scope for wrongdoing. So far, most developers measured and sold homes based on so-called super area, which is conventionally at least 30% more than the carpet area that a buyer can use.
Q:The real estate bill 2016 has caused a bother among builders who are concerned over tow key provision that could cause project delays and financial stress.
Latest Answer: New real estate bill has been came in the favor of property buyers The biggest relief for the real estate property buyers according to this bill is that they do not have to pay the extra bank interests they had been paying so far on home loans due to incessant delays caused by the real estate developers.you can get the the best real estate property information & their rates on comparecasa.com the bets property comparison portal in Dwarka Delhi
Q:The Real Estate Regulation and Development Bill, 2013 will facilitate smooth and hassle-free home buying by bringing reform to the real estate sector. It will help create a set of rules that will safeguard the interests and investments of home buyers.Fight For RERA strives to ensure that the dream of a roof over the heads of our families becomes a reality by making developers accountable for timely possession and also pay interest and compensation in case of delay.Join our Facebook Group: Fight For RERA
Latest Answer: Many promoters are also using RERA Compliant services to do their referrals legally.
Loyalie is one such platform which makes referrals legal and hassle free for all. Loyalie has extensively worked with real estate companies across all India helping them ease their problems. The platform allows easy tracking and monitoring of all referrals from a single dashboard. It is easy to use and a very innovative solution under new RERA guidelines. Contact us today if you as a promoter want to beat your competitors and make your referrals legal.
Q:Facing acute opposition in the Rajya Sabha and strong disturbance, the government has decided against moving the amended Real Estate (Development and Regulation) Bill in the current session and will try to get it through parliament next year.
Latest Answer: As per the recent news, the Real Estate (Regulation and Development) Bill had been referred to a select committee, which had given its report in July. But Congress, Left and AIADMK had expressed reservations on the report through disagree notes. Given the opposition, the government had formed an informal group of ministers to work out on a politically acceptable bill.
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.
Latest Answer: As per Parliamentary Affairs Ministry, 10 Bills passed by Lok Sabha are still to be taken up in Rajya Sabha. In the Lok Sabha, Government has proposed to take up 9 items of legislative and financial business during next week of winter session.
Of these, time has been allotted for 7 items. A heavy agenda of 16 items is due to be taken up in Rajya Sabha which lagged behind Lok Sabha in transaction of business this week due to disruptions and forced interruption.
Latest Answer: Good news for home buyer! Now after passing the regulatory bill, builder and developer have to provide entire document and process transparent. Currently, The industry is currently abuzz with incidences where home buyers are not provided with complete information regarding projects. This move mandates developers and promoters to disclose all critical small print and keep the whole house buying approach transparent.