Expert RERA Consultants
The highly anticipated Real Estate Regulatory Bill has arrived. Under this bill, the government of India is planning to establish RERA (Real Estate Regulatory Authority). The guidelines in RERA act are promising to uplift the current scenario. It seems that the government has finally found the solution of the ever-present real estate problems in India. …
Continue reading “Balance of interests between Buyers and Builders is key to RERA”
Current estimates suggest structured debt investments now command approximately 18%-25% interest cost on residential projects Return on private equity (PE) investments is set to decline as the Real Estate Regulatory Authority (RERA) takes effect, according to industry experts. Making projects RERA compliant will erode profit projections, forcing PE fund managers to re-calibrate potential income from …
Continue reading “As Real Estate Regulatory Authority bites, PE investment returns to fall”
The much maligned real estate sector of India has exploited the home buyers to a large extent. To protect the interest of the buyers, Real Estate Regulatory Authority is being formed. The RERA 2016 bill was passed by the parliament in March 2016. The Ministry of Housing has updated the draft rules for RERA India. …
Continue reading “Are the provisions under RERA 2016 Act sufficient for ongoing projects?”
If one takes a close look at the two big factors of real estate, then he would find that government and builders give the major push to it. Of course, buyers have their own significance, but their importance is felt in the reactions whereas actions are made by the authority and the builders. With RERA, …
Real Estate Regulatory Authority of India has already started showing its effect. RERA policies have made it mandatory for the builders to deliver the projects on time. If not delivered on time, they will be penalized and may have to face imprisonment too. While various residential markets across the country showed 7% growth in property …
Continue reading “RERA Affects the Launch of New Projects in Delhi NCR”
RERA India is not only a buzzword among buyers and developers but is also of great significance to the Chairperson and Members of Authority. From knowing the selection procedure to the remuneration to the paid leaves, RERA is of great interest among Real Estate Regulatory Authority. The draft rules of RERA related to remuneration payable …
