Real estate agents
The Centre is planning to make it mandatory for real estate agents to get themselves registered with the proposed real estate regulatory authority (Rera). In the past few years there have been many incidents where property buyers have got duped by agents and brokers and have lost huge sums of money and in many cases [...] Continue Reading »
Realizing the scarcity of awareness of real estate laws among real estate developers, the GNLU has conducted a certificate course for the real estate developers and architects. This was GNLU’s second chance of promoting the real estate laws. Earlier, the GNLU has organized a national symposium of realty law. The weekend certificate course was attended [...] Continue Reading »
In order to protect the consumers from getting hurt, the UP government is planning to come up with a new law that will tighten the noose around fraudulent real estate agents. It is said that under the new law, dealers are required to register themselves with a local government body and obtain a license for [...] Continue Reading »
Prices of mid-segment properties have risen as investors are beginning to shun luxury segment due to poor returns and are now seeking to invest in lower-priced properties. Real estate agents, on their part, are now pitching mid-income homes which are priced at Rs 40-70 lakh to the investors who were earlier investing in luxury homes. [...] Continue Reading »
As a result of the Arunkumar Tikku and Karan Kakkar murder case, the housing societies in Mumbai are refusing to allot flats to the singletons and small TV artists. Many TV actors are getting notice from the apartment communities in Mumbai to get their parents or vacate the places. The real estate agents are also [...] Continue Reading »
It is being noticed that many fly-by-night builders creating pain for the home buyers. As none of the builders and real estate agents need any registration from the government, all kind of people enter in the realty market and promoting illusory dream flat for sale to the home buyers. It is a common to see [...] Continue Reading »
The Union ministry of housing & urban poverty alleviation has prepared the draft of the real estate regulatory bill. The proposal in the draft will encourage the builders to promote clarity regarding the project information. The proposed draft also ensure that builders will concentrate about timely project completion, failing which penalties will be imposed. Failing [...] Continue Reading »
Hunting for a house midst dealing with real estate agents, middlemen is one of the toughest task in today’s world! One has to go through a roller coaster ride to find a good apartment which has all favorable facilities and amenities. You can get transparency in all these real estate dealings only when you use [...] Continue Reading »
What is money laundering law? Money laundering is considered as a serious threat to whole of the global financial systems as it involves disguising of financial assets which will be later on used without detection of the illegal activity that produced them. The whole idea of money laundering is to transform the monetary proceeds into [...] Continue Reading »
