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developers and builders

Property buying 12

Karnataka’s Land Reforms Act: Builders demand for a change

In a move that created a stir, the builders and developers in Karnataka have proposed a significant change in the Land Reforms Act of the state. CREDAI (Confederation of Real Estate Developers’ Associations of India), Karnataka chapter, has urged the government to make some serious amendments to the recently announced Land Reforms Act. This will […]

Laws in realty sector

Too many laws in the Indian realty sector

Over the years, the real estate sector of the nation has been flooded with numerous laws, which has increased the burden on developers and builders. According to CREDAI(Confederation of Real Estate Developers Association of India), the real estate market is governed by too many laws, a new one will just be an ‘unnecessary addition’. Similar […]

NHB to raise 2100 crore through Tax free bonds

Boosted with the standard set by its private placement programme, NHB (National Housing Bank) has stepped forward with a retail offering of tax-free bonds, to be raised by next month. The country’s housing finance regulator-NHB, has given its confirmation that it will raise Rs 2100 crore in retail tax free bonds in the following month, […]

Land Act: Builders play the blame game

The word ‘affordability’ has totally changed as apartment prices in Bangalore witness a staggering increase of 60-100%, beyond the reach of a common man. In regard to an end-user, the rising apartment prices are completely unreasonable and affordability seems to be far away from it. One of the key reasons for the sudden rise in […]

Panel of experts to aid apartment owners in Karnataka

The real estate market of Karnataka has been crippled by builders who construct apartments on disputed land and then sell it off to potential buyers. Such builders have been a bane for the realty sector and has cast a black shadow on the real estate market of the state, by building floors beyond permission and […]

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