Birth of RERA The Real Estate Regulation and Development Act, popularly known as RERA came into force on May 1, 2017. RERA provided the much needed relief for home buyers from the unorganised real estate sector. It was a much awaited piece of legislation which brought about sweeping changes Read more…
Among the various nuances of living together in an apartment/society, one important aspect is parking spaces and efficient management of the same. With rapid urbanisation and life moving at a fast pace, having a means of transport be it a 4 wheeler or a 2 wheeler is not a Read more…
So with RERA finally into play what does it really mean for you as a home buyer? How will it impact you? This article covers detailed aspects of what RERA is, what is the current status of notification of this new Indian Act, ground impact created by RERA, expert Read more…
A central database by the Housing and Urban Affairs Ministry(MoHUA) is set to be created for housing projects, to capture their delays and execution status. It is said that 2.9 million housing units in India are running behind the delivery schedule. Out of these, 0.6 million have been delayed Read more…
More relief is coming to the home buyers in India. All on-going housing projects in India will be under RERA. Bombay High Court has upheld the constitutional validity of the Real Estate Regulatory Act (RERA). Previously the act was challenged by the developers in the Bombay High Court on various grounds Read more…