Latest Realty News

Govt-confident-about-timely-creation-of-real-estate-regulators
Apr 06, 2016
New Delhi : Urban Development Minister M Venkaiah Naidu today said he was confident that each state would be able to set up its regulator for the real estate sector within a year as envisaged in the Bill passed by Parliament.
Property-Prices-Soften-by-1%-in-Delhi-NCR:-Report
Jan 20, 2016
New Delhi: Property prices fell by an average one per cent in the Delhi-NCR during October-December period compared with the previous quarter on higher supply, according to a report by property portal 99acres.com.
Rahul-Gandhi-reaches-out-to-home-buyers,-discusses-real-estate-bill
Jun 07, 2015
Kolkata: Congress vice president Rahul Gandhi on Saturday reached out to home buyers here to discuss concerns about the Real Estate Regulation Authority Bill which he says has "loopholes".
Modi-government-is-favouring-builders,-Rahul-Gandhi-says-after-meeting-homebuyers
May 02, 2015
NEW DELHI: Congress vice-president Rahul Gandhi has fired fresh salvo at Narendra Modi government over the Real Estate Regulatory Authority Bill
Proposed-real-estate-law-may-force-developers-to-speed-up-stuck-projects
Apr 13, 2015
NEW DELHI: With the government bringing in ongoing projects under the ambit of proposed real estate law, developers are looking to speed-up construction of existing housing units to escape any regulatory action
Real-Estate-Regulatory-Bill-may-ease-buyers'-concerns-on-delay-in-delivery
Apr 09, 2015
MUMBAI/NEW DELHI: Home buyers have several reasons to cheer as the Real Estate Regulatory Bill approved by the Union Cabinet is expected to ease their concerns on delay in delivery
Real estate sector set to gain after licensing made mandatory for all brokers
Sep 24, 2014
The onset of the new Real Estate Regulatory bill has created a stir among the customers, developers and brokers as it seeks to bring forth phenomenal changes in the real estate sector
Real estate industry awaits policy action from next government
May 11, 2014
MUMBAI: Like most other business sectors, the Indian real estate market holds its breath for a stronger and more determined government. The perception which is currently driving market sentiments is that market momentum can either accelerate, remain unchanged or decelerate depending on which party is voted into power. Speaking purely from the viewpoint of market sentiment, there is some validity to this perception. However, the fact is that the true benefits of political stability and proactive
Realty sector looking for strong govt to push through reforms
May 02, 2014
HYDERABAD: The Indian real estate market, like most other sectors of the economy, is hoping that a strong Government at the Centre will push through reforms, help the sector gather momentum and thereby attract investments.
Indian real estate awaits proactive government
Apr 30, 2014
MUMBAI: Like most other business sectors, the Indian real estate market holds its breath for a stronger and more determined government. The perception which is currently driving market sentiments is that market momentum can either accelerate, remain unchanged or decelerate depending on which party is voted into power. Speaking purely from the viewpoint of market sentiment, there is some validity to this perception. However, the fact is that the true benefits of political stability and proactive
Developers optimistic of revival in realty sector in 2014
Jan 03, 2014
DELHI: With high property prices and costlier borrowing hitting real estate, developers are hoping for a reversal of the slowdown in the new year and sales picking up post general elections.
Looking Ahead: Execution will be the realty check
Jan 03, 2014
MUMBAI: With the economy witnessing a downturn and interest rates and inflation reaching all-time highs, 2013 has been one of the most eventful years for real estate in India. While the introduction of the Real Estate Regulatory Bill and Land Acquisitions Bill in the Parliament was a positive for the realty industry, end-users sitting on the fence expecting a fall in prices led to a contraction of demand in the last few quarters. The market turned from sellers to buyers, with attractive offers f
Realty prices may come down by up to 20% if corruption is reined in: HDFC chief Deepak Parekh
Dec 27, 2013
MUMBAI: Rooting out corruption could help lower home prices by as much as 20%, said Deepak Parekh, chairman of Housing Development Finance Corp, India's biggest mortgage lender, putting the blame for graft in the system on errant bureaucrats and faulty policies.
2014 to bring in hope for real estate sector
Dec 23, 2013
DELHI: As the year 2013 becomes part of our collective memory, a quick rap up leaves us enriched with the experience of the passing year. It was both exciting and disappointing year for the Indian real estate sector. While the introduction of the Real Estate Regulatory Bill in Lok Sabha and consent to the Land Acquisition Bill in the parliament will reap benefits in the future, slowing economy left the real estate fraternity disappointing from the point of view of expectations. The RBI’s bold de
Government open to modify Real Estate Regulatory Bill if needed: Girija Vyas
Dec 14, 2013
DELHI: Speaking on the sidelines, she said: "We have said that doors are open for negotiations. At present, the Bill has been placed in front of Parliamentary standing committee."
Kerala revives move for regulating real estate sector
Dec 12, 2013
THIRUVANANTHAPURAM: The State Cabinet has revived the proposal for a comprehensive legislation to regulate real estate sector in the State.
Still waiting for that big boom
Nov 28, 2013
MUMBAI: For all the changes that the sector has seen over the last two decades, buying or building a house still remains out of reach for a majority of the population. Not that renting one is any easier.
Delivery of new flats: Delays can attract high penalty for developers
Oct 21, 2013
MUMBAI: Even before the real estate regulator is formed, consumer courts are taking the lead in establishing the best practices for the sector. On the most common issues — developers taking more than the time they promised in which to deliver a flat — consumer courts are coming down on the side of the buyers.
How some regulatory changes may increase cost of real estate for buyers
Sep 30, 2013
MUMBAI: In recent times, the real estate sector has seen several regulatory changes and more are in the works. While most of these changes are aimed at protecting buyers' interests, some of them carry a cost.
Real Estate Regulatory Bill – Any ‘Real’ Comfort?
Sep 23, 2013
MUMBAI: The Real Estate Regulatory Bill 2013, which the Union Cabinet approved after a long hiatus in June 2013, was touted to be a game-changer for property buyers as well as the industry as a whole. The aim of the bill clearly was to provide buyers with a level playing field in an industry that is perceived as chronically non-transparent.
Elders take up Bill on regulator for real estate
Aug 16, 2013
DELHI: The Real Estate (Regulation and Development) Bill 2013, aimed at inducting professionalism and standardisation in the sector, was tabled in Rajya Sabha here on Wednesday.
Proper land allotment policy is a must for realty
Jul 23, 2013
BHUBANESWAR: The real estate sector in Orissa is passing through a sluggish phase, as demand is less, and so is money circulation. Besides, real estate's association with shady chit fund companies has resulted in a trust­-deficit among customers. D S Tripathy, national joint secretary of the confederation of real estate developers' association of India (CREDAI), shares his thoughts about the present problems, the possi­bilities, and challenges ahead. As told to Raghunath Panigrahi.
Real Estate Regulatory Bill: Three benefits to a common man
Jul 20, 2013
DELHI: Real estate buying becomes a complex matter for a common man many times. The buyer gets bedazzled by a sheer number of options available in the market. At the same time, the transaction process in itself becomes tedious and non-transparent in absence of sufficient, right information. The buyer has to mainly rely on brokers and developers. At times, the transaction gets entangled between disagreement and litigation due to a number of reasons.
Real estate regulatory bill must cover all stakeholders: CREDAI
Jul 18, 2013
DELHI: Terming real estate regulatory bill as a populist measure, realtors' body CREDAI today said the proposed law should govern all stakeholders of the industry and not only the developers.
Pankaj Kapoor: Will the Real Estate Bill see a rise in property prices?
Jul 09, 2013
BANGALORE: Pankaj Kapoor, Founder & Managing Director, Liases Foras, a real estate rating and research agency No, The pricing for any product needs to be seen in relation to the demand-supply mechanism. However, real estate is one sector that does not adhere to any rule of economics.

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