Latest Realty News

How new real estate bill could reshape the realty ecosystem?
Jun 20, 2013
MUMBAI: 1) Project Registration When the Real Estate (Regulation and Development) Bill 2013 comes into effect, all projects will have to be registered with a real estate regulatory authority.
New real estate bill is a bitter pill the industry needs for long-term cure
Jun 20, 2013
MUMBAI: The proposed real estate bill, if implemented, will hamper cash flows and escalate the cost of capital of realty firms, besides limiting overall growth of the industry.
The Bill will be a boon for homebuyers
Jun 19, 2013
MUMBAI: The Real Estate Regulator Bill which was recently approved by the union cabinet, has been several years in the making now and hasn’t had smooth sailing from the start. Apart from inordinate delays, it faced much resistance from the real estate fraternity at initially who were afraid that this Bill would prove to be yet another regulatory bottleneck, rather than a regulation that would empower the industry and its homebuyers.
Real Estate Regulatory Bill: Pros and cons
Jun 18, 2013
MUMBAI: The Union Cabinet recently approved the creation of a real estate regulator in India, which aims at increasing transparency within the real estate sector. The Real Estate Regulation and Development Bill 2013, once enacted, would provide for a real estate regulator in each state of the country.
Realty Bill will make homes costlier, says Credai chief
Jun 18, 2013
MUMBAI: The proposed Real Estate Regulatory Bill is “welcome”, but it may make homes more expensive. Mandatory registration of property before advertising is likely to impact smaller players, says C. Shekar Reddy, National President, Confederation of Real Estate Developers Association of India (CREDAI). But pushing for amendments to the Bill is not his only issue. Staving off taxes charged on deemed profits (the differential amount that arises when the registration value of a property is higher
Affordable no more?
Jun 17, 2013
DELHI: Noida-Greater Noida, on the outskirts of Delhi, is one of the three real estate hotspots in the country along with Gurgaon and Navi Mumbai. Some 350,000 flats are being built here. Of these, about 50,000 will be delivered this year.
Real transparency: Real estate bill will empower consumer
Jun 12, 2013
DELHI: Five years or so in the making, the Real Estate Regulation and Development ( RERD) Bill has finally been cleared by the Cabinet.
Real Estate Bill alarm bell for dubious builders
Jun 12, 2013
LUCKNOW: The Real Estate Regulation and Development Bill will possibly weed out non-serious developers in the business to make easy money, claim big developers of the city. More than 70% projects in the city, big as well as small, have some lacuna or the other in terms of obtaining necessary approvals, claim industry experts.
Bangalore residential sector witnesses interesting trends
Jun 11, 2013
BANGALORE: The new government with a clear majority and interest rates dropping seem to have given a boost to the Bangalore residential market. In the last couple of weeks the market has witnessed a surge in bookings, especially in the mid-segment market. What is interesting is that this surge is being driven by mid-level businessmen.
Real Estate Bill: How home buyers stand to gain & lose
Jun 10, 2013
DELHI: Last week, the Union Cabinet approved the draft Real Estate (Regulation and Development) Bill 2013 that allows for the creation of a regulator in the real estate sector. Once passed by Parliament and subsequently adopted by each state, it will allow for the creation of a real estate regulator in each state (realty being a state subject).
How real estate Bill will benefit buyers
Jun 10, 2013
DELHI: The Cabinet nod for the Real Estate (Regulation and Development) Bill 2013 has been met with approval, concerns and questions.
Real estate bill makes buyer the king
Jun 08, 2013
BANGALORE: With the Union Cabinet approving the Real Estate (Regulation and Development) Bill, the country's highly unregulated and unorganized real estate sector moves a step closer towards greater transparency and compliance.
New real estate laws to boost residential segment: Crisil
Jun 08, 2013
MUMBAI: The real estate regulatory bill, when enacted, is expected to boost demand for residential property, rating agency CrisilBSE 0.06 % said today.
Homebuyers fear anti-forces may weaken bill
Jun 07, 2013
NOIDA: Even though homebuyers in GautamBudhNagar district have hailed the passing of the Real Estate Regulatory Bill by the Union Cabinet, they are sceptical and fear that some 'anti-forces' may weaken the proposal.
Real transparency: Real estate bill will empower consumer
Jun 07, 2013
DELHI: Five years or so in the making, the Real Estate Regulation and Development ( RERD) Bill has finally been cleared by the Cabinet.
Jun 06, 2013
BHUBANESWAR: The Union Cabinet Tuesday approved the Real Estate (Regulation and Development) Bill which enables setting up of a regulator for the real estate sector, with having a provision of even a jail term of up to three years for errant developers.
Wait over, Cabinet approves Real estate regulatory bill
Jun 06, 2013
DELHI: The long wait is finally over. Real estate industry in India will now have a regulatory body. The Union Cabinet approved the Real Estate Regulatory Authority Bill on 4th June 2013. The Bill would cover all developers coming up with a project of 1000 sq meters and above.
The Real Estate Bill only adds to the confusion
Jun 06, 2013
MUMBAI: If anything, the Real Estate (Regulation and Development) Bill is only going to add to the confusion existing in the sector. In any real estate project, there are three principal stakeholders -– developer, consumer and the authorities. The bill has been designed to empower the authorities further. There is little in it for the consumer, as for the developer, his project completion time has just got longer.
A regulator to ease your concerns
Jun 06, 2013
MUMBAI: Real estate buyers probably did not have too many options but to seek redressal of their grievances through consumer forums. Even then, buyer agreements were always favourably tilted towards the developer and often against a buyer's interest. Now with the Cabinet clearing the Real Estate (Regulation and Development) Bill, not only will builders' disclosures and transparency on projects increase, it will also allay buyers' fears and concerns, and speedily redress grievances.
Real Estate Regulatory Bill may become breeding ground of corruption, says CREDAI chairman
Jun 06, 2013
MUMBAI: Stating that the Real Estate Regulatory Bill approved by the Union Cabinet seeks to whip only errant developers, realtors apex body CREDAI Chairman Mr. Lalit Kumar Jain has expressed fear that it could encourage corruption instead of curtailing the social menace.
Union Cabinet approves regulator for real estate, lays down norms to help home buyers
Jun 05, 2013
DELHI: The Union Cabinet on Tuesday cleared a legislation to set up a long-pending real estate regulator aiming to protect home buyers from unscrupulous developers and builders.
Realtors welcome real estate regulatory bill
Jun 05, 2013
DELHI: Hailing the Cabinet's approval of real estate regulatory bill, realtors' body NAREDCO today said the proposed law will bring transparency in the sector, while helping home buyers in redressal of their grievances.
Real estate regulator may not monitor commercial projects
Mar 01, 2013
in a move that may bring relief to developers, the Ministry of Housing & Urban Poverty Alleviation has decided to keep commercial offices and shops/malls out of the purview of the Real Estate (Regulation & Development) Bill.
Real Estate Regulation Bill likely in Budget session
Jan 10, 2013
NEW DELHI: The government is likely to come up with a Bill in the forthcoming Budget session of the Parliament to regulate the real estate sector, Housing Minister Ajay Maken said today.
With approval of Land Acquisition Bill, housing prices will escalate further
Dec 15, 2012
NEW DELHI: Land prices will escalate leading to rise in housing price if the Land Acquisition Bill is passed by Parliament, real estate developers and property consultants have said.

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