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Real Estate Regulatory Authority

Revision in Real Estate Bill provides relief to Builders

In a revision to the Real Estate Bill, the housing ministry has extended a major concession to the real estate sector due to which builders should count themselves lucky. According to this proposal, builders will be allowed the leverage of diverting funds to the tune of about half the amount that they have collected from […]

ranjan.j

property buying 4

Importance of the Real Estate (Regulation and Development) Bill

The Real Estate (Regulation and Development) Bill, 2013, provides for a uniform regulatory environment so as to protect the interests of consumers, help in the speedy adjudication of disputes arising through real estate transactions, thereby enabling the systematic growth of the real estate sector. The Bill which was long-awaited comes as a blessing to real […]

ranjan.j

Regulation Bill Provides Scope for Development of Real Estate Sector

The present economic condition in the country has led to interest for an improved real estate sector nationwide. The Finance Bill of 2012 took into account the rising interest for business, private and retail real estate, and had proposed introducing certain changes in the Income Tax Act (ITA). The idea behind proposing these changes was […]

karthik.k

Civic body warns unregistered builders

Pune has been witnessing an unprecedented growth of buildings over the last few years. Out of the huge number of buildings in the city, during August, it was noticed that only less than 80 buildings were registered with the Pune Municipal Corporation. Following the statistics, the civic authority had decided not to give approvals to […]

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