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Articles for Rera, search results for crisis

Punjab & Haryana HC Stays Circular Issued By RERA, Punjab Extending Validity Of All Registered Real Estate Projects By Six Months [Read Order]
4 years, 6 months ago

Punjab & Haryana HC Stays Circular Issued By RERA, Punjab Extending Validity Of All Registered Real Estate Projects By Six Months [Read Order]

Live Law  

The Punjab and Haryana High Court on Tuesday stayed the operation of a "palpably wrong" circular issued by the Real Estate Regulatory Authority, Punjab, extending validity of all registered real estate projects by six months, due to the Covid crisis. The bench of Justice Rajan Gupta and Justice Karamjit Singh was "surprised" that the RERA had provided blanket extension to …

Projects State Six Months Circular Whose Registration Rera Punjab
Central government to issue advisory for real estate stakeholders
4 years, 8 months ago

Central government to issue advisory for real estate stakeholders

Live Mint  

New Delhi: The central ministry for housing and urban affairs said that the impact of the lockdown on the real estate sector will be treated as an event of ‘Force Majeure’ under the provisions of the Real Estate Act, 2016. The meeting saw different stakeholders of the real estate sector including state secretaries, RERA Chairpersons, representatives of home buyers, real …

Estate Real Sector Rera
How to solve India’s real estate crisis
5 years ago

How to solve India’s real estate crisis

Live Mint  

When will the real estate sector come out of an extended slump? The real estate sector is caught in the tweezer grip of delayed project deliveries, developers starved of funds, high unsold inventory and a growing proportion of stalled projects. By this time, banks had started reaching their sectoral limit of exposure to real estate and it was getting difficult …

Real Estate Land Capital Projects Alternative Crisis Estate
Tracking India's economic slowdown: Country needs meaningful transition policies; simple demand and supply games won't do
5 years, 4 months ago

Tracking India's economic slowdown: Country needs meaningful transition policies; simple demand and supply games won't do

Firstpost  

In India’s current situation, it is possible to view an intended recovery as a simple business cycle problem, one that will go away as private players follow the classic rules of capitalism Editor’s note: This is the second part of a series in which Firstpost’s columnists analyse the ongoing economic slowdown and offer solutions. In India’s current situation, it is …

India Real Estate Policy Transition Rera Current Situation
Budget 2019: Real estate sector seeks higher tax incentives for buyers, developers
5 years, 6 months ago

Budget 2019: Real estate sector seeks higher tax incentives for buyers, developers

India Today  

India's real estate sector has been witnessing a gradual slowdown since the Narendra Modi-led government had announced demonetisation in 2016. Several real estate brokerages and experts said the effects of government reforms introduced over the past few years still continue to trouble the sector, which contributes highly to India's GDP. But the output of the real estate sector has dampened …

India Real Estate Tax Estate Real Sector Gupta
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
Real estate shows recovery signs, housing sales rise 50% in 2018; year-end liquidity crunch limits strong growth
6 years ago

Real estate shows recovery signs, housing sales rise 50% in 2018; year-end liquidity crunch limits strong growth

Firstpost  

Property developers and consultants expect housing sales to remain subdued in the first half of 2019 due to the continuing NBFC liquidity crisis and upcoming general elections. New Delhi: Showing signs of recovery, the real estate sector saw almost 50 percent surge in housing sales in 2018 across major cities on stable rates and demand for affordable flats, but year-end …

India Real Estate Housing 2018 Recovery Office Sales
Real Estate: Housing sales rise 50% in 2018, but liquidity crunch limits recovery
6 years ago

Real Estate: Housing sales rise 50% in 2018, but liquidity crunch limits recovery

Live Mint  

New Delhi: Showing signs of recovery, the real estate sector saw almost 50 per cent surge in housing sales in 2018 across major cities on stable rates and demand for affordable flats, but year-end liquidity crisis dashed hopes of a strong growth while homebuyers remained a worried lot over delayed delivery. However, sales may surge in the second half if …

India 2018 Recovery Office Sales Liquidity Estate