Page 5 - Rera

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

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

A regulator for health sector on lines of RERA likely to be set up soon

The survey cited unplanned readmission data - considered the most common metric of quality in the hospital setting

Will commercial real estate market rebound to pre-pandemic levels in 2021?

2021 should be a year in which commercial asset story will continue to grow and lead the recovery in the real estate sector post pandemic

RoDTEP rates not decided, MEIS for exports may continue till end-March 2021

Any registered user under GST who wishes to generate IRN needs to register on e-invoice system using his GSTIN

From battle over whisky brand to Rera rule, here're the key court orders

A selection of key court orders

Despite RERA, home buyers can still seek remedies at consumer fora: SC

The Supreme Court on Monday held that despite the enactment of RERA, to deal with real estate firms, home buyers can still approach the consumer forum to seek remedies

Paying six per cent interest on flat cost for delay a huge burden: Realtors

While developers say it will be a huge burden for them in addition to penalties under RERA, other experts suggest the apex court verdict would be beneficial for buyers

Will settle all RERA complaints in the next six months: Supertech

Supertech said of the 864 complaints, it has settled 334 since the opening of the lockdown by providing alternative flats or compensation to complainants

RERA to approach RBI for one-time debt recast to overcome liquidity crisis

CREDAI and Naredco have been demanding one time restructuring of developers outstanding loans with financial institutions to prevent bad loans and making them eligible for fresh borrowings

Homebuyers enjoy clear-cut financial gain with deferred payment plans

Ensure the price isn't higher than a construction-linked plan

With attractive deals, real estate becomes buyers' market amid Covid-19

Potential buyers face risks on two counts. The first is a possible salary cut or even job loss

SC allows ED to attach JP Morgan's assets in FEMA violation case

JP Morgan was engaged in transactions with the now-defunct Amrapali Group to allegedly siphon off home buyers money in violation of the Foreign Exchange Management Act (FEMA) and FDI norms

Govt move to extend project timelines will help stressed realtors: Experts

Home buyers, on the other hand, will have to wait longer to take possession

Homebuyers tilt towards branded players despite slowdown in real estate mkt

According to PropEquity, 600 mn sq ft of projects at a pan-Indian level are stuck. This accounts for 50 per cent of the unsold inventory in terms of units

R.I.P. interest subvention scheme

The tripartite agreement between the housing finance company (HFC), the developer and the buyer is loaded against the buyer

Realty check: Current rates, unit sizes in Rs 1-1.5 crore price range

If you are looking at buying real estate, an idea about prevailing rates would come in handy

Understand legal nitty-gritty of investing in Indian realty for NRIs

NRIs must ensure that the project they invest in is registered with the state RERA authority and complies with its regulations

UP may announce package for stressed housing projects as unsold stock soars

Projects in the state have a combined inventory of 100,000 units valued at Rs 1.50 trn, mostly in Noida and Greater Noida

Real estate woes impacting core sectors; working with RBI for solution: FM

Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank are working to resolve the issues being faced by realty sector. Admitting that realty sector has been left out of the booster measures announced earlier, she said the sector has a spillover effect on many sectors, especially the core sector. "The government is very keen and is working very clearly together with the RBI to see how best we can, where necessary, tweak the existing norms to help the people who are affected in the realty sector," she said at an NSE event. It can be noted that after the July budget roiled the market and business sentiment, the government has rolled back many of the tax measures and also went to the extent of drastically cutting corporate tax to 22 percent--making the biggest tax giveaways to the tune of Rs 1.3 lakh crore. Admitting that the so far announced measures have not helped revive the sentiment in the real estate, she said since August the government

Relief for realty: Govt sets up Rs 25k-cr fund to revive stalled projects

In other decisions, Cabinet has approved pacts signed with German agency DGUV; pact with Guinea on renewable energy; and signing revised DTAC with Brazil