Getting that real estate kind of feeling again?

Getting that real estate kind of feeling again? – Realsta Infratech

Getting those real estate itchy fingers? Stock markets have been on a roll and the upswing in markets is usually a precursor of a jump in real estate prices as investors book profits and sink their money in land. The breathless expectations from a new real estate regulator, combined with an overall upswing in the mood of the economy, is making people begin sniffing the air for real estate deals one more Continue reading “Getting that real estate kind of feeling again?”

6 reasons why RERA is of little use Today

6 reasons why RERA is of little use Today- Realsta Infratech

Many supporting laws and institutions real estate Act are missing—in effect rendering it useless to the homebuyers

Lakhs of prospective homebuyers, and those who are stuck in under-construction projects, were eagerly waiting for the real estate regulator to come into force. However, it seems that it will take more time for homebuyers to get relief under the Real Estate (regulation and development) Act, 2016 (RERA). The Act was implemented last Continue reading “6 reasons why RERA is of little use Today”

Real Estate Regulation Act is likely to prolong slowdown in the realty sector

The reason — It will take months for builders to shift to this regime as various mandatory requirements will consume time.

The new RERA is likely to prolong the slowdown currently experienced in the realty market. (HT File)

The Real Estate (Regulation and Development) Act which will come into effect on May 1 and promises to safeguard interests of homebuyers will also have a side effect: It is likely to prolong the Continue reading “Real Estate Regulation Act is likely to prolong slowdown in the realty sector”