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real estate regulatory committee

Real estate industry welcomes RERA: expect some changes in the bill

Real estate industry welcomes RERA: expect some changes in the bill
Realtors in Noida have welcomed the Centre’s move to make it mandatory for real estate agents to get themselves registered with the proposed real estate regulatory authority (RERA) and obtain a licence before starting business. This is a surprising move as we had expected a lot of opposition from them. However the builders feel that [...] Continue Reading »

Affordable housing emphasised in budget

Affordable housing emphasised in budget
External commercial borrowing is allowed for low cost affordable housing projects. This is the only positive gain real estate sector achieved from the budget. However the entire real estate is disappointed after the announcement of the budget. The realty sector still not get the industry status. FDI norms for the real estate kept unchanged. Hence [...] Continue Reading »



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