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SC rap for Amrapali Group, big relief for 45,000 home buyers

Pronouncing its judgment in the case pertaining to pending projects of Amrapali Group, the Supreme Court on Tuesday faulted banks, Noida and Greater Noida authorities for the ongoing mess at the real estate company. Watch this video to know more.

Jul 23, 2019, 15:34 PM IST

SC rap for Amrapali Group, big relief for 42,000 home buyers

Canceling Amrapali's Real Estate Regulatory Authority (Rera) registration, the apex court has asked state-run NBCC to complete pending projects of Amrapali Group.

Jul 23, 2019, 11:50 AM IST

Govt to launch integrated RERA website, all state RERA to come under single platform

The move is aimed to give single page-single click information to home buyers across the country which will help them get know all the current updates regarding housing sector.

Jun 25, 2019, 16:57 PM IST

RERA bringing positive transformative changes in Real estate industry: Hardeep Puri

The Minister also hoped that RERA will be implemented in all the states of north eastern region very soon.

Nov 16, 2018, 11:16 AM IST

India rises one notch to 35th on JLL global realty transparency index

India was ranked 36th in the index during the last bi-annual survey conducted in 2016 and 40th in 2014.

Jun 28, 2018, 14:00 PM IST

Central team to urge Bengal government to switch over to Real Estate Regulatory Act

A recent report by global real estate consultancy firm Frank Knight has said that Kolkata is the only major market in the country which lacks a functional RERA.

Jun 10, 2018, 10:35 AM IST

Housing sales higher than new supply in last 2 years: JLL India report

 According to report, the housing sales stood at 2,44,830 units during 2016 and 2017 calendar years in seven major cities.

Mar 11, 2018, 16:23 PM IST

Union Budget 2018: Here is what insurance, real estate and tourism sector expect

These sector has been at the forefront of the Modi government agenda on account of its potential to propel economic growth significantly.

Jan 30, 2018, 20:20 PM IST

Housing sales dip 6% in NCR due to RERA and GST

The RERA came into force from May 2017, while the GST was launched in July last year.

Jan 11, 2018, 11:55 AM IST

Realty sector tested by critical reforms this year; hopes for better 2018

Real estate developers and consultants expect housing sales to improve, although gradually, as prices have become stable after much-needed correction in last few years and interest rates on home loans have softened.

Dec 31, 2017, 16:23 PM IST

Bombay HC upholds validity of RERA, crucial for developing incomplete projects

The Act, among other things, mandates that all developers or promoters register themselves under a state-level regulatory authority.

Dec 07, 2017, 09:42 AM IST

Bombay High Court upholds validity of RERA

The Bombay High Court today upheld the validity of the Real Estate (Regulation and Development) Act (RERA).

Dec 06, 2017, 13:33 PM IST

Unsold housing units fall to 6.85 lakh across 7 cities

The national capital region (Delhi-NCR) has the maximum unsold units at 2 lakh, although the number has declined by 12,000 units from the September quarter of 2016 calendar year.

Nov 26, 2017, 12:03 PM IST

DHFL expects home loan growth of 30% this fiscal

The government has laid a very strong foundation for the affordable housing industry over the last few quarters, acknowledging the immediate need for India to respond to the huge demand for affordable housing, Mehta said.

Nov 17, 2017, 19:28 PM IST

India may not have to wait 13 years for next upgrade: SBI report

Finance Minister Arun Jaitley has termed the upgrade as a "belated recognition" of reforms in the last few years, and vowed to continue them while maintaining fiscal discipline.

Nov 17, 2017, 18:08 PM IST

`Realty sector to continue to face headwinds in near-term'

He further said the industry faces demand headwinds on account of subdued macro-economic environment and consumer sentiment.

Oct 23, 2017, 20:38 PM IST

Home launches fall 33% in Jan-Sept, supply of low-cost homes up

Housing supply stood at 89,970 units in January-September 2016 in the eight cities -- Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad.

Oct 09, 2017, 16:30 PM IST

SC asks Bombay HC to expeditiously decide pleas challenging RERA validity

The apex court also asked other High Courts, where pleas against validity of RERA are pending, to await the decision of Bombay High Court.

Sep 04, 2017, 13:42 PM IST

Post RERA, brokers may focus on rental market: Survey

With the number of residential project launches falling on the back of the implementation of the Real Estate Regulatory Authority (RERA) from May 1, brokers are planning to focus on rental market to get more business, a recent survey said.

Sep 03, 2017, 11:55 AM IST

Centre moves SC seeking transfer of pleas against RERA to Delhi HC

The Supreme Court today agreed to hear the Centre's petition seeking transfer of various pleas, which are challenging validity of the Real Estate (Regulation and Development) Act (RERA) and are pending in different high courts, to the Delhi High Court.

Aug 30, 2017, 12:30 PM IST