Category: Real Estate

  • how much would a ambergris caye real estate agent make

    ambergris caye real estate agent Getting involved in the real estate business is one of the best ways to make money. However, it’s important to understand the risks of the industry before you start working. Here are some tips that can help you avoid the pitfalls of the real estate industry and increase your chances…

  • RERA: Under Real Estate Regulation Rules state cabinet excludes realty projects that are complete 60%

    RERA: Under Real Estate Regulation Rules state cabinet excludes realty projects that are complete 60%

    BENGALURU: The state cabinet on Wednesday cleared the long-awaited Real Estate (Regulation and Development) Rules, framed under the Real Estate Regulation and Development Act. The rules provide for creation of a real estate regulator. The Cabinet also decided to exclude realty projects that are complete 60% or more. All other real estate projects come under…

  • RERA: MahaRERA not to extend registration deadline for ongoing projects

    RERA: MahaRERA not to extend registration deadline for ongoing projects

    MUMBAI: Maharashtra Real Estate Regulatory Authority (MahaRERA) chairman Gautam Chatterjee on Friday said the July 31 deadline for registration of ongoing projects will not be extended. So far only 300 projects and nearly 3,000 brokers have also been registered with MahaRERA, according to Chatterjee. “There is no question of extending the deadline for registration of…

  • GST: Developers need to invest in project management post GST, RERA

    GST: Developers need to invest in project management post GST, RERA

    MUMBAI: With the advent of GST and RERA, developers would now have to adopt higher standards of performance compelling them to invest in project management, say experts. The government enacted the Real Estate (Regulation & Development) Act 2016 and all the sections of the Act have come into force with effect from May 1, this…

  • RERA: All states must notify rules related to RERA by July 30: Venkaiah Naidu

    RERA: All states must notify rules related to RERA by July 30: Venkaiah Naidu

    NEW DELHI: Urban Development Minister M Venkaiah Naidu today said his ministry has asked all states to put in place regulatory mechanism related to the Real Estate (Regulation & Development) Act (RERA) by July 30. “I have been constantly following with chief ministers. I wrote two letters. Today my third and final letter is going…

  • 5 things that will make developers RERA-ready

    5 things that will make developers RERA-ready

    By Shaveta Dua The Real Estate (Regulation and Development) Act, 2016 (RERA), has given India’s real estate sector a new direction but there are some teething problems being faced by developers. To bridge the gap between the government, developers and consumers, Magicbricks organised an event ‘Real Estate – The RERA and GST Era’ in New…

  • Real estate brokers fear state RERA rules will hit them

    Real estate brokers fear state RERA rules will hit them

    BENGALURU: Property brokers in Karnataka fear the Real Estate Regulatory Act (RERA) rules in the state will weigh on their business, which is already weak due to the slowdown in sales and demonetisation. The RERA rules, notified in the state on Monday, have almost halved broker registration fee from what was mentioned in the draft…

  • Ambiguity in law, execution problems may dilute RERA effectiveness

    Ambiguity in law, execution problems may dilute RERA effectiveness

    By Yogesh Singh Primarily a consumer centric legislation, RERA has been touted to be the key to resolving the wide-ranging problems prevalent in the Indian realty sector. What RERA means for Consumers, Developers and Others: However, with the impending rules for its implementation and setting up of the RERA Authority in several States, its execution…

  • Homebuyers happy, Karnataka RERA covers many ongoing plans

    Homebuyers happy, Karnataka RERA covers many ongoing plans

    BENGALURU: Homebuyers may stand to benefit from the provisions of the Real Estate (Regulation & Development) Act notified by the Karnataka government on Monday . It, among other things, brings a huge number of ongoing projects under the purview of the law. The government had come under criticism for the draft rules published last week…

  • MahaRera: Maharashtra RERA to crack whip on unregistered realtors

    MahaRera: Maharashtra RERA to crack whip on unregistered realtors

    PUNE: With just a fortnight left to register ongoing projects under the Real Estate Regulatory Authority (RERA), Maharashtra RERA authorities are cranking up the heat. Real estate developers peg the number of ongoing constructions at 3,000-5,000, but RERA authorities say the actual number is higher than 10,000. On Saturday, RERA officials told TOI that 596…