Over 34,000 real estate projects registered with RERA

A total of 34,893 real estate projects and 27,073 real estate agents have registered under RERA across the country till date, the ministry of housing & urban affairs informed on Friday. Till date, 28 states/union territories have notified rules under RERA while West Bengal has enacted its own act i.e. Housing & Industry Regulation Act (HIRA). "However the state has been … Continue reading Over 34,000 real estate projects registered with RERA

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Institutional investments in Indian realty touch the highest level

Institutional investments in India's real estate sector were estimated at USD 5.5 billion in 2018, the highest in the last decade, with the commercial segment emerging as a preferred choice among investors, according to a report by JLL Key highlights: # Investments more than double to USD 20.3 billion in 2014-18 from USD 9.4 billion … Continue reading Institutional investments in Indian realty touch the highest level

Three builders booked for flat registry dues

FIRs against Ghaziabad developers for failing to register flatsThe Ghaziabad administration has lodged FIRs against three developers for failing to register flats or properties with the stamp and registration department even after receiving full payment from buyers and handing over flats. Officials said the builders owed the stamp and registration department over Rs 10 crore. … Continue reading Three builders booked for flat registry dues