Monsoon session
Real Estate developers will have to be extra careful now while selling a property with the implementations of the new ordinances by the Real Estate Authority. Real Estate Authority has proposed that if a property is sold without registering than the seller may land up being incarcerated or have to pay a hefty fine. The [...] Continue Reading »
To be tabled in the monsoon session, which will kick off at the end of July, the authority will act as a quasi-judicial body that will deal with protection of consumers. With the state government all set to form a housing regulatory authority, the disputes between flat owners and developers will see quick redressal. The [...] Continue Reading »
The builder lobby which has till date cocked a snook at the Civic Body’s attempts to stop malpractices in the real estate sector, will now have a tough law to deal with. Monsoon session may see a policy that imposes stricter punishment on builders who quote built-up area prices, developers are not amused. This monsoon [...] Continue Reading »
