Introduction Non-banking finance companies and mortgage lenders, which control the lion’s share of developer loans, are using all the tricks in the marketing and finance trade books to help realtors still smarting from the pains inflicted by the note-ban, Rera and GST, to sell their inventory so that these lenders secure their monies. According to … Continue reading “Soaring NPAs, NBFCs and HFCs at rescue!”
The grievances of the homebuyers who have already taken the possession will be entertained by the AGRF now as the matters related to delay in possession of ongoing projects is under the purview of HRERA.
The floating population of Bengaluru is too high due to the raise of IT industries, the development of residential projects were also in a free flow since 2011.
Now a days the smaller developers are consolidating and have started merging with the Tier-1 developers for the sake of surviving into the field.
Intent of Disapproval has no nexus to proceed with the construction and it cannot be equated with Commencement Certificate, it is only a stage before obtaining a Commencement Certificate.
Looking back at 2017 in terms of real estate and economy it has been an eventful year wherein finally after the market was in a complete mess the RERA.
Realty major DLF sold housing properties worth of about Rs 300 crore in Gurgaon in November when it reopened sales after five months of suspension.
Recently, as per a property report number of unsold housing units lapsed to 6.85 Lakh across 7 cities. The national capital region (Delhi-NCR) has the maximum number of untaken units at 2 lakh, although the number has declined by 12,000 units from the September quarter of 2016. Greater Noida has maximum share of unsold inventory, … Continue reading “Number of unsold housing units lapsed to 6.85 Lakh across 7 cities”
This article is going to shed some light on the list of the frauds by the builders. These frauds have become the front pages’ news and buyers are now in fear that what if they face the same issue.
Builders are trying to get the Customers by providing various amenities but sometimes Builders gets off from their path and these amenities just become the part of the marketing stunt.
This article is about just to shed some light on the issue to understand this predicament of Delay in possession of the flats.
Aam Aadmi Party hit on the State Government and deemed that Haryana RERA is in one breath with developers which is why the diluted RERA has spared them.
The letter states, “If the rules are not notified under the Act immediately and the Regulatory Authority established by July 2017,
As GST (Goods and Services Tax) Council still prolongs to meet to fix rates and streamline rollout procedures for the new tax regime, people are still bewildered whether under GST property rates will access or not ?
As per central government recent press release, it is clarified that no developers shall be allowed to market their projects without getting registration under Real Estate Regulatory Authority (RERA).
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