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Tag Archives: RERA

RERA to rope in private entity to identify unregistered real estate projects

BENGALURU: In a bid to crack down on builders who are not complying with new real estate norms, the Karnataka Real Estate Regulatory Authority(RERA) is planning to employ a private entity to find unregistered housing projects. RERA has called for tenders to appoint a consultancy to identify ongoing and new real estate projects which haven’t registered with the authority. RERA, which ... Read More »

RERA and the cleaning up in real estate

At the RICS Real Estate Conference in Delhi on November 15, the talk was about transparency – what you see is what you buy. The Real Estate (Regulation and Development) Act, which came into force this year, is forcing many developers to revamp their business models. The industry, some said, was in a “phase of cleaning up”. Here are the key takeaways: ... Read More »

Real estate sentiments turn negative on RERA, GST implementation: FICCI-NAREDCO-Knight Frank India’s sentiment index

The short-term uncertainty over new policies such as RERA and the GST, have turned real estate sentiments negative for the first time since Q4 2015, according to FICCI-NAREDCO-Knight Frank India’s sentiment index Sentiments in the real estate sector, which had been positive in the last quarter, have moved into the negative zone for the first time since Q4 2015, largely ... Read More »

Real estate sector sentiments take a further hit with RERA and GST ambiguity

The uncertainty over the manner and form in which the Real Estate (Regulation and Development) Act, 2016 (RERA) rules will be implemented across states and the implementation of the Goods and Services Tax (GST) from July 1, 2017 has created confusion among stakeholders, especially with respect to on-going projects, says FICCI-NAREDCO Real Estate Sentiment Index for the second quarter 2017. ... Read More »