Page 2 - Rera Act

Home truth: NCR's unsold inventory dips 26% since RERA, shows data

While it continues to take the strain of 328,000 stalled units launched before 2015, unsold units since early-2016 have come down 26 per cent

UP, Haryana, Maharashtra lead on the number of RERA cases resolved

Nearly 40 per cent of all complaints were resolved in Uttar Pradesh alone

Bengal developers fear missing real estate sops with state bypassing RERA

Bengal govt enacted own version of RERA, the West Bengal Housing Industry Regulation Act in 2017, the only state to do so, and Housing Industry Regulatory Authority came into effect on June 1, 2018

WIll SBI's loan revive trust?

In SBI's scheme, the buyer pays only the down payment. The developer pays the interest during the construction period

Here's why Insolvency and Bankruptcy Code is a policy masterstroke

From 161 resolved cases, the realisable amount stands at over Rs 1.6 trn

Realtors seek cheaper loans and uniform GST norms to revive sector

Developers are hoping this week's announcement will bring some relief

SC cancels Amrapali group RERA registration for cheating homebuyers

Top court says Amrapali defrauded buyers in connivance with banks, Noida, Greater Noida authorities, appoints state-owned NBCC India to complete pending projects

How RERA works in major states and its uneven operation across India

Leaky escrow accounts, delayed execution of RERA orders, inadequate administrative machinery and bias towards builders are some issues that need to be addressed in some states

30,000 realty projects, 25,000 agents under RERA Act: Hardeep Singh

Six north eastern states and west Bengal were yet to issue the notification of rules under RERA, says Hardeep Singh Puri

Here's why Rera implementation remains work in progress across states

In many states such as Karnataka, Tamil Nadu, Telangana and Uttar Pradesh, the definition of an ongoing project has been diluted

One year after coming into force, Rera remains a work in progress

According to property consultancy firm Knight Frank, only 19 states and UTs have a functional portal in place, that too with a lot of information dissymmetry across data points

RERA and consumer forums can provide better relief to home buyers

RERA is still in the initial stage and is facing teething problems

Expeditiously decide RERA-related pleas: Supreme Court to Bombay HC

A bench headed by Justice Arun Mishra passed the order

SC agrees to hear govt's plea about transfer of Rera cases to Delhi HC

Under RERA each state and UT will have its own Regulatory Authority

100 days of Rera: Confusion led to realty purchases getting postponed

There is an obligation on the developer to complete the project on time or pay penalty for delays

Land can be a multi-bagger investment

Investments come with their own share of risks and buyers may need to hold on for at least 5-10 yrs

Rera: 'Apartment funding' from investors likely to perish, says JLL

Rera requires developers to deposit 70% of payments through any kind of sale in an escrow account

RERA: Single-biggest reform for Indian real estate

For the past 20 years, the real estate sector had been in the 'adolescence' stage of development

Realtors turn to lawyers to sail through RERA shake-up

States such as Maharashtra have made it mandatory for developers to register the ongoing projects

RERA: Penalty applies to current projects too, claims homebuyer body

RERA came into effect from May 1