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Homebuyers might be considered on a par with financial creditors who are unsecured for real estate leaders at insolvency proceedings. The move will be cheerful to those who acquired residences, when adopted, from the companies, such as Unitech, Jaypee Infratech, and Amrapali and they are found at the back of the queue when looking for rec ...Read More


News ID : 70

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Housing sales are going to stay slow during the up and coming Gudi Padwa festival as potential investors and home buyers are still worried, according to ANAROCK, a property consultant. During the first 2017 quarter, only 45000 units were sold, while 90000 units were sold in first quarter of 2015, showing shift in customers' behavior, ...Read More


News ID : 69

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The Maharashtra Real Estate Regulatory Authority or MahaRERA has fined up to Rs. 2 Lakh to Rs. 10 Lakh on 8 realty developers as penalty in Mumbai as they were alleged to promote real estate projects without mentioning the website address of the authority and these are not registered yet. MahaRERA has slapped fine on Suo-Motu basis. Tridhat ...Read More


News ID : 68

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These days, one can access land records in the state with one click. The Maharashtra government has scanned up to 34 crore records and these will be available online soon under the land record digitization initiative. According to the officials, the purpose of it is to enable checking land records, area, and name of the owner, pending dues, if ...Read More


News ID : 67

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Thousands of residents in Noida and Greater Noida who were buying house for the first time losing hope to get the interest subsidy. Now they can look forward to benefit under Pradhan Mantri Awas Yojana. With annual income of around Rs. 18 Lakh, all the eligible buyers who have bought houses post January 2017, can now avail the interest su ...Read More


News ID : 66

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When residential realty markets are witnessing comeback of end users in some micro markets, the markets are benefitting as the speculators are being banished in top 7 cities despite the failure of sales. In leading markets like Bangalore, Delhi NCR, Mumbai, Chennai, Hyderabad and Pune, cumulative sales have eased to 2.02 Lakh housing unit ...Read More


News ID : 65

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Disputed real estate developer Amrapali Group seeks Supreme Court's nod regarding permission to rope in other developers to complete its residential projects and to hand over the flats to the stressed homebuyers. The company is suffering the proceedings of its insolvency conducted by the creditor bank as they failed to repay the loan, acco ...Read More


News ID : 64

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The Delhi Development Authority will offer around 21000 flats this June under its housing scheme 2018. According to DDA, the housing scheme will be bigger and better than its previous schemes, with more roomy flats. Unlike last schemes, DDA won't offer flats surrendered in last schemes. In last scheme, DDA offered 12,617 flats and 460 ...Read More


News ID : 63

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Government of India has introduced the most revolutionary concept of affordable homes. It has made a significant impact in the real estate industry. Now various real estate bodies have come up with proposals to introduce affordable homes. Recently, CREDAI CREDAI-MCHI and CREDAI Maharashtra are the two prominent realty bodies have come up ...Read More


News ID : 62

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Residential sales has seen an uptrend across top 8 tier 1 cities by 32% from previous year to 66,879 residences during the December quarter, according to the data from Liases Foras Real Estate Rating & Research. There is a 3% rise in a series on the quarter in sales across 8 major real estate markets, including Bangalore, Pune, Ch ...Read More


News ID : 61