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Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To Seven Homebuyers For Delayed Possession
Trending News
1 week ago

Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To Seven Homebuyers For Delayed Possession

Live Law  

Haryana Real Estate Regulatory Authority bench comprising Arun Kumar, Ashok Sangwan and Vijay Kumar Goyal has directed Ocean Seven Buildtech to pay interest to the seven homebuyers of the Golf Heights project located at Sector 69, Gurugram for the delay in handing over possession. Background Facts Seven homebuyers purchased flats in the builder's Affordable Housing project named Golf Heights, located …

Homebuyers Project Seven Builder Authority Delayed Possession Haryana Rera
Haryana RERA Directs Signature Global To Pay Interest To Homebuyer Of Affordable Group Housing Project
2 weeks, 1 day ago

Haryana RERA Directs Signature Global To Pay Interest To Homebuyer Of Affordable Group Housing Project

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/s Signature Global India Private Limited to pay interest to homebuyer from its Affordable Group Housing Project for delayed possession. Background Facts: The homebuyer was allotted a flat in the builder's Affordable Group Housing Colony project named "The Millennia" located in Sector 37D, Gurugram, through an allotment letter dated …

Housing Haryana Interest Flat Date Builder Possession
Piyush Goyal asks Credai to set up team to study the impact of construction activities on air quality
1 month, 2 weeks ago

Piyush Goyal asks Credai to set up team to study the impact of construction activities on air quality

Hindustan Times  

Union Minister Piyush Goyal on November 25 urged real estate developers to adopt environment-friendly construction techniques and suggested that CREDAI set up a team to study the impact of construction activities on air quality of 20 major cities. Union Minister Piyush Goyal has asked real estate developers to adopt environment-friendly construction techniques "I had asked CREDAI to consider setting up …

Housing Construction Estate Real Sector Goyal Rera
Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To 15 Homebuyers Of Expressway Towers For Delayed Possession
5 months, 1 week ago

Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To 15 Homebuyers Of Expressway Towers For Delayed Possession

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed Ocean Seven Buildtech Pvt. The project was an affordable housing project, and possession was expected to be handed over by the builder within 4 years from the date of building plan approval or environmental clearance, whichever is later. The homebuyer contended that the builder violated Section 1 of the …

Interest Project Date Environmental Clearance Builder Possession Authority
Budget 2024: Karnataka home buyers' wishlist for FM - focus on rental housing, take measures to strengthen RERA
6 months, 1 week ago

Budget 2024: Karnataka home buyers' wishlist for FM - focus on rental housing, take measures to strengthen RERA

Hindustan Times  

With record launches and transactions, the Indian real estate sector is keenly eyeing Budget 2024-25 which is slated to be tabled in the Parliament a few weeks from now. Focus on affordable rental housing and measures to strengthen RERA 2016 are among some items on Karnataka home buyers' wish list for the FM According to a Knight Frank India report, …

India Bengaluru Karnataka Housing Cities Regulatory 2024
Haryana RERA warns Gurugram real estate developers of penalty for not filing projects’ progress reports
10 months, 2 weeks ago

Haryana RERA warns Gurugram real estate developers of penalty for not filing projects’ progress reports

Hindustan Times  

Haryana’s real estate regulatory authority has asked real estate developers to file Quarterly Progress Reports and Annual Audit Reports without delay to avoid penalties, freezing of RERA accounts and attachment of their properties. Haryana’s real estate regulatory authority has asked real estate developers to file Quarterly Progress Reports and Annual Audit Reports without delay to avoid penalties. The RERA rules …

Projects Gurugram Estate Real Rera Reports Developers
Real Estate Budget 2024: 8 things the sector expects from the Finance Minister
11 months, 1 week ago

Real Estate Budget 2024: 8 things the sector expects from the Finance Minister

Hindustan Times  

Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today. The real estate sector has sought an expansion of the definition of affordable housing, industry status for the real estate sector, tax sops for homebuyers as well as developers, increase in exemption on principal amount as well as the interest paid on home loans, and greater retail engagement in …

India Housing Tax Budget Homebuyers Interest 2024
To buy a home now or not?
2 years, 5 months ago

To buy a home now or not?

The Hindu  

The term ‘fence-sitter’ is fashionable when talking about the housing market. “Prices will reduce and I will regret buying now.” This is probably the main doubt causing people to get on the uncomfortable fence. However, the buyer somehow feels — maybe because of what some others told him — that the ‘market will crash’ and prices will plummet soon. If …

India Housing Prices Project Rera Builder Buy
Home truth: NCR's unsold inventory dips 26% since RERA, shows data
3 years, 5 months ago

Home truth: NCR's unsold inventory dips 26% since RERA, shows data

Business Standard  

Home truth: NCR's unsold inventory dips 26% since RERA, shows data While it continues to take the strain of 328,000 stalled units launched before 2015, unsold units since early-2016 have come down 26 per cent Premium With the exit of 15 local players since 2015, new launches, too, have dropped 73 per cent. Arnab Dutta New Delhi The vast residential …

Ncr
A touch of realty: What can we expect from Budget 2019?
5 years, 6 months ago

A touch of realty: What can we expect from Budget 2019?

India Today  

The $120 billion real estate sector in India, which provides employment to 52 million people, has been seeing a prolonged crisis. However, considering the requirements of long-term capital, broadening the ECB regulation to the entire real estate sector should be looked at, say real estate players. Create single window clearance: For the real estate sector to really grow and execute …

India Real Estate Budget Demand Estate Sector Rate
Union Budget 2019: Real estate sector hopes for industry status, further push to REIT agenda
5 years, 6 months ago

Union Budget 2019: Real estate sector hopes for industry status, further push to REIT agenda

Firstpost  

The real estate sector is hoping the Narendra Modi government’s second term in office will lead to the fulfilment of promises made given that some programs were announced for the sector. Following are a series of expectations from the first Union Budget of the Modi government’s second stint at the Centre: ‘Industry status’ to real estate: With the transformation in …

India Real Estate Development Industry Tax Budget Union