Real Estate Authority
According to Minister for Urban Affairs Manjalamkuzhi Ali the state government is going to introduce a slew of measures to streamline the real estate sector. Some of the steps are setting up a Real Estate Authority, online registration facility for developers and amendments to the Coastal Regulation Zone Act. The minister was at Recon 2014, [...] Continue Reading »
New Delhi- The upcoming budget session will have the real estate bill tabled without any changes. It is said that the ambit of the bill excludes the sale of space for commercial purposes like offices or shops. Due to a tug-of-war between Ajay Maken’s housing ministry who is piloting the bill and Kamal Nath’s urban development ministry who [...] Continue Reading »
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 »
