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Indian Homebuyers Display Clear Preferences: Knight Frank Survey Highlights Trends in Property Ownership, Rental Choices, and Investment Priorities

Indian Homebuyers Display Clear Preferences: Knight Frank Survey Highlights Trends in Property Ownership, Rental Choices, and Investment Priorities

A recent survey reveals urban Indians’ growing awareness in real estate, showing distinct choices based on property type, purpose, and financial preferences. In today’s evolving real estate market, Indian homebuyers are more informed and selective about their property choices. A recent survey by Knight Frank India, titled “Banking on BRICS,” sheds light on the preferences […]

MahaRERA’s New Mandates: Ensuring Broker Commissions, Buyer Protections, and Clarity in Real Estate Deals

MahaRERA’s New Mandates: Ensuring Broker Commissions, Buyer Protections, and Clarity in Real Estate Deals

Mumbai, Maharashtra: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has recently issued a series of critical directives designed to protect the interests of homebuyers, landlords, and real estate agents. These new orders address a range of issues, from ensuring timely brokerage payments to clarifying regulatory requirements for small plot developments and banking norms for landlords. […]

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. […]

U.P. RERA Breaks Records with 37 New Project Registrations in September

U.P. RERA Breaks Records with 37 New Project Registrations in September, Unprecedented Growth in Real Estate Development Across Uttar Pradesh

In a landmark achievement, the Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has issued registration certificates for 37 new projects in September 2024, marking the highest number of registrations in a single month. Among these, 27 projects are residential, 7 are commercial, and 3 are mixed-use developments. Distribution of Projects by District The majority […]