Builders
The first national conclave of Real Estate Regulatory Authority (RERA) held at Indira Gandhi Pratishthan in Lucknow and it will be held every year. RERA chiefs and leading developers from across the country took part in the five sessions organized as part of the day-long event which included several aspects of the realty sector. The [...] Continue Reading »
To ease the process of buying a house, the government will soon come up with an e-commerce platform for the real estate sector, announced Union Housing and Urban Affairs Minister Hardeep Singh Puri at the first National RERA Conference held in Lucknow on 4th November 2019. Through this portal, a transparent tool will be set [...] Continue Reading »
About 25 to 30 residents decided to resort to court when their housing projects near Kharghar were delayed by four years. Devisha Infrastructure Pvt. Ltd was the builder who told the buyers that the delay is caused due to administrative issues. The residents didn’t find this answer convincing hence took the builders down to court. [...] Continue Reading »
Flat owners in Pune can now relax as they needn’t pay fines for living in apartments that doesn’t have a completion certificate. Previously, people who were residing in flats that didn’t have the necessary document had to pay three times the property tax as fine. But the Pune Municipal Corporation (PMC) has now done away [...] Continue Reading »
On Thursday the Noida authority has issued a 15-days ultimatum to the five builders and has asked them to stop work on their projects or they would face demolition, triggering panic among hundreds of homebuyers. The authority said the housing projects that are located in Bhangel Village near Sector 84 were not approved by the [...] Continue Reading »
Representatives of NEFOWA (Noida Extension Flat Owners Welfare Association) met Uttar Pradesh urban development minister Azam Khan on Monday and presented him a list of complaints about upcoming real estate projects in Greater Noida and Noida. NEFOWA president Abhishek Kumar said members had a detailed discussion with Khan. He added this was the first time [...] Continue Reading »
With the model code of conduct set to kick in anytime, the Haryana state government seems to be in a hurry to issue licences to builders. Earlier this year, the Hooda government had submitted its sub-regional plan to the NCR Planning Board (NCRPB) to lift the ban on fresh licences. The department of town and [...] Continue Reading »
The Government is keen on introducing the Real Estate Development Regulatory Bill in the winter session of the Parliament. This bill is expected to bring some relief to the home buyers who are taken for a ride by the real estate developers. The Government is set to crack the whip on unscrupulous builders who put [...] Continue Reading »
The pre-sale of the residential units is a largely followed of the practice universally-you pay for the property as it comes up. Although the developers in India take a step back after offering the units for sale at pre launch stage. Post that the buyers start demanding over delivery dates. What this is meaning for [...] Continue Reading »
This year, the exhibition is being organised on national and international level. will be organising ‘Property Show 2014‘ from May 23 to May 25 at Dongre Vasatigruha will be organised by The Confederation of Real Estate Developers’ Association of India (CREDAI). “This exhibition will have information about properties ranging from Rs 15 lakh to Rs [...] Continue Reading »
