RERA
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The Impact of RERA On Real Estate Industry

In order to facilitate transparency in the home buying process, the Indian Government passed the RERA Act in May 2016. Soon after, RERA was brought into action to address concerns of home buyers, builders, brokers, and other stakeholders of the real estate industry. Since its inception, RERA has implemented many reforms and more are on the anvil. What is RERA? RERA, full form of which is Real Estate Regulatory Authority, stands for transparency in the real estate industry. It was Continue Reading

Posted On : Published By : PropertyXpo
real estate 2018
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Real Estate- 2018 will be a great year, Here is Why?

Gurgaon: The year 2017 was like a rollercoaster ride for the real estate sector in India. Due to the triple whammy of demonetization, implementation of GST (Goods And Services Tax) and RERA (Real Estate Regulatory Act 2016), there was a situation of great disorder in the realty sector. Although the ambitious initiatives and reforms are taken up by the Narendra Modi led BJP Government did bring about a change in the working system of our country which had not happened before. Continue Reading

Posted On : Published By : PropertyXpo
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RERA boosts the housing demand

Rera: Real Estate Regulatory Authority A revolutionary decision of implementing RERA (Real Estate Regulatory Act) was taken by the Central Government in 2016. It was implemented after hearing a lot of woes from home buyers and investors, who invested in properties and Residential complexes. But the reason behind the anxiety of these buyers was of project delays. Even after paying almost 90-95 percent of the payment for their properties and residential houses, they had to wait for many years to get Continue Reading

Posted On : Published By : PropertyXpo