RERA

RERA News

Amrapali Group — With 42,000 incomplete flats, Rs 19 cr in account, NBCC has task cut out

Officials at NBCC talk about how they may have bitten off more than the public sector enterprise can chew.

The Facade: Real estate crisis in Noida, Greater Noida

Defaulting builders and desperate homebuyers — an all-too-familiar script in Noida and Greater Noida could see a twist after a Supreme Court intervention. The Indian Express look for its echoes on the ground

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RERA regularises 695 colonies in Punjab

RERA has recently imposed a heavy penalty of Rs 1.5 crore on a real estate company fro selling plots without approval. The company has projects at Mullanpur and Zirakpur.

Violation of RERA order: Realtor refunds only 20 per cent booking amount to home buyer

The company, Oberoi Realty, took 30 per cent of the total cost of two flats from the home buyer. However, according to RERA norms, a builder can take only 10 per cent before registering a flat sale agreement.

Mumbai: RERA to ensure construction quality of projects registered with it

The RERA has recently issued a circular making it mandatory for the engineers of a project to submit quarterly review of the construction quality.

Mumbai: New Cuffe Parade project comes under us, says MahaRERA

In case of the New Cuffe Parade project at Wadala, four of the towers were granted part OC for ground to 40th floor by the Mumbai Metropolitan Region Development Authority on June 8, 2017, a month before the RERA came into being.

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Residential Real Estate: Boosted by the IT boom, on Bengaluru’s eastern periphery, a buzzing suburb

Housing demand in the area is driven by techies working in nearby areas and its growth has also benefitted from saturation of the city’s core areas

Residential Market: ‘Sales fall 17 per cent in 2017’

Residential Market: 2,18,500 units sold last year in nine cities — Gurgaon, Noida, Mumbai, Bengaluru, Chennai, Kolkata, Pune, Hyderabad and Ahmedabad — against 2,63,500 units in 2016.

Residential property: With reviving homebuyer confidence, 2018 might see higher sales

After the initial hiccups in 2017 due to the impact of demonetisation, GST and RERA, the realty sector is likely to witness recovery next year, and the growth will be sustainable backed by stronger market fundamentals than ever before

Between 2012 and Q3 2017, ‘Affordable housing in Delhi-NCR sees big rise in new launches’

With the vast area under coverage, presence of well-established services, manufacturing and automobile sectors, there is no dearth of employment opportunities in and around NCR.

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