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Builders

Property Registration in UP

NAREDCO Uttar Pradesh Notifies Its Members To Submit Registry Plan To The Authority

The National Real Estate Development Council (NAREDCO) has advised developers to start a registry of flats as the local authority in Noida and Greater Noida has launched a campaign for this. The Developer’s Association said that the UP government has accepted the proposal to allow registration of flats on deposit of land dues liability per […]

Prahalad Singh

RERA in Ladakh

RERA Notified In Ladakh To Bring Transparency In Real Estate

Like other states and union territories of India, Ladakh notified its rules on October 8, 2020, under the Real Estate (Regulation and Development) Act (RERA), paving the way for property development in the region. The Act mandates each state and union territory to framework its own real estate regulator and established rules to regulate the […]

Prahalad Singh

Govt. Of Karnataka Revised Town Planning Rules, Granted Additional FAR

In a major policy declaration, the Karnataka government on 31st July 2020 issued an ordinance to encourage vertical development in the state by allowing civic agencies to levy a 33% premium to the high floor area ratio (FAR). The government is expected to get more revenue from this. The ordinance, an amendment to the Karnataka […]

Prahalad Singh

Funding For Single Housing Project Wrapped At Rs 400 crore: Finance Ministry

Govt Wrapped at Rs 400 Crore for Single Housing Project A day after declaring Rs 25,000 crore Alternative Investment Fund (AIF) for stalled housing projects by FM Nirmala Sitharaman, has made it clear that residential housing projects facing litigation in High and Supreme Court will not be cover under this funding plan. At the same […]

Prahalad Singh

Homebuyers’ Interest Most Important: Yogi Adityanath at RERA Conference

Uttar Pradesh Chief Minister Yogi Adityanath on Monday in state capital Lucknow said that safeguarding the interest of those who gave their life-time earnings to builders hoping to have their own house is of most importance to him. Such people face problems as, despite all the hard-earned money being stuck, they have to pay their […]

Prahalad Singh

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