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01. News & Insights

Real estate

On The Ground of Force Majeure, Builders Can’t Give Excuse To Delay Flats

Madhya Pradesh and Karnataka Real Estate Regulatory Authority said in MBTV  live show that buyers are entitled to get compensation for the delay of real estate projects beyond the force majeure extension given by the central government. Last month, to support real estate developers in the country, FM Nirmala Sitharaman announced that the deadline for […]

Prahalad Singh

Construction workers

Realty Sector in Visakhapatnam Eyes at Manpower Shortage

The real estate in Visakhapatnam is finding it extremely difficult to get back to work with migrant workers back home due to the coronavirus outbreak resulting in nationwide lockdown, A large section of migrant workers has gone back to their home as they finding it difficult to get a livelihood amid the lockdown.  Most of […]

Prahalad Singh

HP RERA Enforces Force Majeure Because of Coronavirus Outbreak

On the 8th of June 2020, after the coronavirus outbreak, Himachal Pradesh RERA enforces force majeure clause for a period of six months, keeping in mind the central government advisory.  Recently, the housing and urban affairs ministry has issued an advisory regarding the extension of registration of real estate projects and simultaneously extending timelines of […]

Prahalad Singh

Thirty Lakh Houses for Poor by 2024 End By Andhra Government

The Andhra Pradesh government is planning to construct around 30 lakh houses for the economically-weaker section residents across the state by 2024 end. As per the officials, construction of around 15 lakh units, under Phase 1 of the housing scheme, would begin in August 2020. The plan for the construction of over 19 lakh houses […]

Prahalad Singh

YSR Housing Scheme (Urban/Rural) 2020

About YSR Housing Scheme 2020 YSR Housing Scheme 2020 was launched in the state by Chief Minister YS Jagan Mohan Reddy on 12 July 2019. Through this housing scheme, houses will be given to a citizen of poor families falling under the APL/BPL category. The main objective of the Andhra Pradesh Government is to provide […]

Prahalad Singh

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