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Real Estate Soars: India Achieves Record Equity Investment in 2024

Equity Investment Hits USD 8.9 Billion, Signaling Strong Market Recovery National – October 14th, 2024 – In a remarkable turnaround, India’s real estate sector has recorded the highest-ever equity investment since 2018, with a total of USD 8.9 billion invested from January to September 2024. This represents a significant 46% year-on-year increase, surpassing last year’s […]

Godrej Properties Expands Horizons with Major Land Acquisitions

Company Set to Develop Housing Projects Worth ₹9,650 Crore Amid Growing Demand In a strategic move to capitalize on strong market demand, Godrej Properties has acquired six new land parcels in the second quarter of the financial year 2024-25. The company’s ambitious expansion plans are set to bring forth housing projects with an estimated worth […]

Luxury Living in Demand: ATS Homekraft Sells Out First Phase of 'Sanctuary 105' on Dwarka Expressway

Luxury Living in Demand: ATS Homekraft Sells Out First Phase of ‘Sanctuary 105’ on Dwarka Expressway

Gurugram’s Real Estate Market Sees Resurgence as Buyers Flock to Affordable Luxury Homes In a remarkable testament to the growing demand for luxury housing, ATS Homekraft has successfully sold all 340 units in the first phase of its latest project, ‘Sanctuary 105,’ located along the Dwarka Expressway in Gurugram. This impressive feat, achieved within a […]

New Phase of PMAY Launched: Understanding the Rules and Benefits of Credit Linked Subsidy Scheme

New Phase of PMAY Launched: Understanding the Rules and Benefits of Credit Linked Subsidy Scheme

Government Initiative Aims to Boost Affordable Housing The second phase of the Pradhan Mantri Awas Yojana (PMAY) has recently been launched, designed to provide financial assistance to eligible individuals through the Credit Linked Subsidy Scheme (CLSS). This initiative aims to make home loans more affordable, helping more citizens achieve their dream of homeownership. However, many […]

Real Estate Regulatory Authority: Safeguarding Homebuyers from Builders' Malpractices

Real Estate Regulatory Authority: Safeguarding Homebuyers from Builders’ Malpractices

Protecting Investments and Users in the Realty Sector Since the establishment of the Real Estate Regulatory Authority (RERA), the real estate sector has seen significant changes, particularly in the protection of both investors and end users. RERA has taken stringent measures against builders and developers engaged in fraudulent practices. However, many builders still attempt to […]

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Government Set to Revamp Real Estate Regulatory Act Amid Homebuyer Struggles

Homebuyers Demand Action as RERA Faces Scrutiny Government is poised to review the Real Estate (Regulation & Development) Act of 2016, responding to ongoing challenges faced by homebuyers & the apparent inefficacy of Real Estate Regulatory Authorities across states & UTs. The Ministry of Housing & Urban Affairs has initiated discussions to address these concerns, […]

RERA Takes Strong Action: Promoters Ordered to Sign Sale Agreements Immediately

RERA Takes Strong Action: Promoters Ordered to Sign Sale Agreements Immediately

New Directives Aim to Protect Homebuyers’ Rights Lucknow, October 12, 2024: The Uttar Pradesh Real Estate Regulatory Authority (RERA) has issued a crucial directive requiring all promoters to sign Sale Agreements (BBA) with homebuyers without delay. This mandate aims to enforce compliance with Section 13 of the RERA Act and uphold the interests of buyers. […]

Festive Season Sparks Surge in India's Real Estate Market

Festive Season Sparks Surge in India’s Real Estate Market

As developer incentives and economic momentum align, the luxury segment sees unprecedented interest India’s real estate market is on the brink of a festive season boom, buoyed by a mix of developer incentives and robust economic indicators. With the traditional surge in home purchases just around the corner, the spotlight is particularly shining on luxury […]

Trade Tensions Rise: U.S.-China Relations Set to Deteriorate Post-Election

Trade Tensions Rise: U.S.-China Relations Set to Deteriorate Post-Election

Global Companies Shift Focus to India and ASEAN as U.S. Tightens Investment Restrictions The ongoing trade war between the U.S. and China is poised to escalate following the recent American elections, according to Moody’s Ratings. As the U.S. increases restrictions on investments in strategic sectors targeting China, global companies are increasingly looking to reduce their […]

Maharashtra Real Estate Authority Unveils List of 314 Struggling Projects

Protecting Homebuyers: A New Initiative by MahaRERA The Maharashtra Real Estate Regulatory Authority (MahaRERA) has released a comprehensive list of 314 registered projects currently facing insolvency proceedings under the National Company Law Tribunal (NCLT). This initiative aims to protect homebuyers from potential fraud and provide transparency in the real estate market. The Scope of the […]