Will RERA change the way real estate functions?
Definitely. With a promise of protecting the right of consumers and ushering the transparency The Real Estate (Regulation and Development) Bill, provides a legislation to protect home buyers and encourage genuine private players. Passed in March last year the long awaited RERA Act has finally coming into effect from May 1 where consumer is the king. It will change one’s home-buying […]
Benami Transaction Act and Its effect on Real Estate Market
The amendment in Benami Transaction Act is a step in right direction to improve the overall confidence of the real estate buyers. All real estate transactions shall be in the name of the actual owner who is paying the amount. It would make real estate operations easier and establish professionalism increase transparency and clarity in ownership of […]
Real Estate Bill a Big Boost for Property Buyers
With Real Estate Bill becoming a realty, business in real estate will not be as usual. Home Buyers has many reasons to cheers as The Real Estate bill, whose main focus is to protect the home buyers rights makes registration of projects essential, including those that have not got completion or occupancy certificates. Registration will require builders to set aside funds […]
