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real estate trend in india

5 Tips for NRIs to Manage their Property Buy Remotely

5 Tips For NRIs To Manage Their Property Buy Remotely

Non-resident Indians (NRIs) are one of the active buyers in the Indian real estate, but have also been the ones left with a bitter taste in the mouth. Unfortunately, the Indian real estate sector still remains largely unorganized and the fact that NRIs are usually not physically present for day to day updates gives some […]

Aam Aadmi becomes powerful with the Real Estate Bill

“I have bought a flat {project’s name} because I liked the spacious design and privacy of the flats. But after moving in, I realised that the quality of material is very poor and quality of finishing is sub standard, ” – rues Sumitabh Ghosh, a resident of Bangalore at CommonFloor’s Consumer ‘Forum’.  Bharath, another resident […]

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Part II: Major Loopholes in the Real Estate Bill to watch out for

Ongoing Projects included in ambit Certain provisions in the Real Estate Bill which need to be relooked at, like bringing ongoing projects under the ambit of the proposed law. Experts feel this will create a lot of confusion and will this mean that work will stop in such projects till registration of such ongoing projects […]

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Real Estate Bill: What it means for Buyers? Part I

The Real Estate Regulatory Bill, which was first introduced by the UPA government in the Rajya Sabha in August 2013, was recently approved by the Union Cabinet. The Bill is expected to ensure greater accountability towards consumers, and to significantly reduce frauds and delays. The proposed legislation is expected to promote regulated and orderly growth […]

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Real Estate Regulatory Bill: Close To The Finish Line

New recommendations on the Real Estate Regulatory Bill were made by the ministry and sent to PMO for approval, and the cabinet has now approved it. Next, it will be tabled in the Parliament for passing the bill and making it an Act. In essence, reduction of minimum balance to be maintained in the escrow […]

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