Latest Realty News

Rera-hurdle-affects-real-estate-sector-in-Odisha
Sep 14, 2017
The real estate activity in the State has been largely affected as none of the projects were able to receive registration numbers from the Real Estate Regulation Authority (RERA)
100-days-of-Rera:-Confusion-led-to-realty-purchases-getting-postponed
Aug 28, 2017
The Real Estate (Regulation and Development) Act, 2016, (Rera) ushered in a new regulatory regime on May 1 this year. A hundred-odd day later, the regulatory structures are still falling in place
Plea-in-SC-to-transfer-RERA-cases-to-one-court
Aug 26, 2017
NEW DELHI: The housing and urban development ministry has filed a petition in the Supreme Court to transfer over two dozen cases filed in different benches of HCs challenging the Real Estate (Regulation & Development) Act (RERA) to one court.
Bombay-high-court-directs-builders-to-meet-July-31-Rera-registration-deadline
Jul 27, 2017
NAGPUR: The Nagpur bench of the Bombay high court on Wednesday directed a group of builders to comply with a July 31 registration deadline under the Real Estate (Regulation and Development) Act (Rera), 2016.
Affordable-housing-may-be-next-big-theme-
Jul 27, 2017
The government's efforts to boost affordable housing in a bid to attain the goal of `Housing for All by 2022' have started to yield positive results.
Real-Estate-business:-CM-Yogi-Adityanath-launches-UP-RERA-website
Jul 26, 2017
Many real estate biggies in Noida and Greater Noida sighed with relief as Uttar Pradesh's Chief Minister, Yogi Adityanath launched the online RERA registration platform, www.up-rera.in in Lucknow today.
Developers-and-UP-govt-disagree-over-implementation-of-RERA
Jul 25, 2017
LUCKNOW: The state government and the real estate developers engaged in a fresh bout of disagreement on Sunday with UP chief minister Yogi Adityanath asking the developers to get themselves registered under Real Estate Regulatory Authority (RERA) act through a web portal
RERA-portal-launched-by-Karnataka-Govt.
Jul 25, 2017
Karnataka Real Estate Regulatatory Authority (RERA) that was formed more than two weeks has gone live with the state government launching the portal for registration.
Immediately-set-up-regulatory-bodies-under-Real-Estate-Act:
Jul 24, 2017
The Centre has asked the states and union territories to "immediately" set up regulatory authorities under real estate rules as just over a week is left for mandatory registration of all projects, according to an official communication.
Consumer-court-sentences-developer-to-5-years-in-jail
Jul 06, 2017
PUNE: The district consumer court has sentenced a developer to three months in jail in each of the 20 execution applications filed by as many homebuyers for his failure to comply with the court's orders.
Karnataka-govt-passes-real-estate-Act
Jul 06, 2017
Bengaluru: The Karnataka government on Wednesday passed the Real Estate (Regulation and Development) Act 2016 or RERA, an Act described as customer-centric which aims to protect home-buyers and encourage genuine private players in the fast growing sector.
Developers-plan-to-absorb-GST-shock-to-prevent-slump:-Knight-Frank
Jul 06, 2017
Real estate players are planning to absorb the post-GST additional tax burden of five to six per cent post to prevent further slump in sales as demonetisation hangover continues in the sector.
Surat-civic-body-to-build-7,500-EWS-homes-under-PPP-model
Jul 05, 2017
Surat : The Surat Municipal Corporation (SMC) has initiated work on building 7,500 new homes for people from economically weaker sections at the cost of Rs 879 crore. This will be the first project for low cost housing under the public, private partnership (PPP) model by the civic body.
Goa-govt-to-tie-up-with-real-estate-companies-for-quality-housing
Jul 04, 2017
PANAJI: Goa Housing Board (GHB) is looking forward to tie up with private players to develop its properties. The board has opted to collaborate with private firms to offer better quality housings, minister of housing Jayesh Salgaonkar said.
Government-hikes-GST-rate-on-construction-sector-from-12-pct-to-18-pct
Jun 30, 2017
The Union Government on Thursday hiked the GST rate for the construction sector to 18 per cent from 12 per cent, but removed land value from the computation of tax liability.
Varanasi-to-have-a-7D-Smart-City-plan.
Jun 30, 2017
LUCKNOW: Prime Minister Narendra Modi's constituency Varanasi will be the only city in India whose detailed project report (DPR) will be prepared in 7D visualisation under the Smart City project.
RERA-ban-on-marketing-Housing-illegal:-Lawyers
Jun 29, 2017
NEW DELHI: While there is no framework ready in many states to register projects under the Real Estate Regulation (and Development) Act (Rera), prohibiting them from marketing by the government is bad in law as it affects the livelihood of developers and the workers, said
GST-Impact-On-Real-Estate:-Will-Property-Prices-Come-Down?
Jun 29, 2017
As the country switches to GST from July 1, the new indirect tax regime will subsume nearly a dozen of central and state taxes, including excise duty, value-added tax (VAT) and service tax.
Himachal-Pradesh-to-table-RERA-in-monsoon-session
Jun 29, 2017
SHIMLA: Himachal Pradesh will notify the rules for the implementation of the Real Estate (Regulation and Development) Act, 2016.
Capt-Amarinder-Singh-gives-nod-to-notify-RERA-rules-in-Punjab
May 12, 2017
CHANDIGARH: Punjab Chief Minister Captain Amarinder Singh today gave the go-ahead for the notification of rules for implementation of RERA in the state.
Naidu-writes-to-CMs-for-proper-implementation-of-Realty-Act
May 02, 2017
NEW DELHI: On the day when the much-awaited Real Estate Act came into force, Union urban development minister M Vankaiah Naidu wrote to the state chief ministers saying that they should ensure quick a proper implementation of the Act.
Odisha-Cabinet-approves-Real-Estate-rules
Feb 24, 2017
BHUBANESWAR: The State Cabinet approved the Real Estate (Regulation and Development) rules, 2017 at its meeting on Wednesday, Housing and Urban Development Minister Pushpendra Singhdeo announced in the Assembly on Thursday.
Strong-rental-market-is-key-to-Chennai-realty’s-growth
Feb 22, 2017
Chennai has grown exponentially in recent decades. It attracts an endless sea of people who keep moving in to the city, primarily for career and educational prospects.
Home-buyers-can-directly-approach-NCDRC-against-builders-by-forming-registered-associations:-SC
Feb 22, 2017
NEW DELHI: Clearing the way for homebuyers planning to file complaints against builders in the National Consumer Disputes Redressal Commission (NCDRC) through an association route.
K-Raheja-Corp’s-IT-building-at-Whitefield,-Bengaluru-gets-USGBC-Gold-LEED-Rating
Feb 20, 2017
K Raheja Corp, India’s leading real estate developer has received the Gold Leadership in Environment and Energy design (LEED) certification from the US Green Building Council for its IT building at Whitefield, Bengaluru.

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