Page 3 - Rera Act

Should you invest in realty as Rera comes into effect?

Shares of real estate companies were in focus on Tuesday with the Nifty Realty Index gaining nearly 3% on the National Stock Exchange (NSE) in intra-day deals. By comparison, the Nifty 50 moved up 0.3% to 9,352 levels. Thus far in calendar year 2017 (CY17), the Nifty Realty index has rallied 56%, as compared with 14% rise in the Nifty 50 index.The outperformance in CY17 comes amid multiple developments on the policy initiatives front - from the implementation of Real Estate (Regulation and Development) Act, 2016 (RERA) that came into force with effect from May 1, 2017 - to amendments in Real Estate Investment Trust (REIT) regulations and Infrastructure Investment Trusts (InvITs), which are seen as a long-term positive by analysts.Among individual stocks, Sobha, Indiabulls Real Estate, Godrej Properties, Prestige Estates, DLF and Housing Development and Infrastructure (HDIL) from the Nifty Realty index gained between 2% and 8% on the NSE on Tuesday. Ansal Buildwell, Hubtown, D B ...

Looking for a house? Here are 10 ways Rera makes life tough for realtors

Promoters must mandatorily deposit 70% of unused fund collected for project in separate bank account

Delayed notification, non-uniformity in rules may dilute RERA: Icra

RERA Act would bring about a paradigm shift in the way the real estate industry operates

Real Estate Act: How realtors are gearing up to become compliant

Some have hired external consultants, while most developers have relied on their internal teams

RERA to roll out from today: No new housing project without registration

The Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016