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homebuyers

FM Nirmala Sitharaman: Govt Announces Rs 25,000 crore Alternate Fund For Realty Sector

Key Highlights:  Cabinet Approved Rs 25,000 crore alternate fund for stalled housing projects. The government will invest Rs 10,000 crore in this fund while SBI, LIC, and other sovereign funds will generate funds of Rs 25,000 crore in all. Over 1,600 delayed housing projects with 4.58 lakh homes to benefit from this fund. Only RERA-registered […]

Prahalad Singh

Realtors in Delhi-NCR Enter Into Joint Ventures With Financially Strong Developers

New Delhi: NCR Realtors Enter Into Joint Ventures With Financially Strong Developers Property developers in the Delhi-NCR region are partnering financially strong developers from the country’s South and West to restart stuck realty projects in the backdrop of a constant cash crisis, the powerful Real Estate Regulatory Act (RERA), and the warning of being taken […]

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

Real Estate Regulator Seek More Power to Attach Projects of Unreliable Builders

It is not just homebuyers who are troubled by builders’ insurgency with the order passed by Real Estate Regulatory Authority (RERA), even regulators are upset at the stubborn nature of builders. Depressed with builders, the regulators are possible to seek more power under the law to enable them to attach unsold inventories of builders to […]

Prahalad Singh

Housing Demand to Improve with RBI’s Rate Cut

After leaving the repo rates unchanged for five times in a row, Reserve Bank of India Governor finally announced the much-awaited cut in the interest rates by 25 basis points. The cash reserve ratio (CRR), however, has been kept unchanged at 4 per cent. This drop in the rate is RBI’s first positive step of […]

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