You Searched for: transparency
Proposed IBC reforms by IBBI aim to resolve delays, ensure fair claims, and enhance transparency, offering relief to homebuyers and strengthening the real estate resolution framework.
- 20th Nov 2024
- 1129 Views
Bombay HC directs Maharashtra’s local bodies to link with MahaRERA portal in three months for real-time CC and OC verification, ensuring transparency and preventing forgery.
- 20th Nov 2024
- 1126 Views
Mumbai's luxury residential sector is a worldwide symbol of grandeur. Channel partners link developers and selective purchasers in this private sector, notably in the ultra-premium category, where knowledge and networks account for over 60% of transactions.
- 12th Nov 2024
- 1155 Views
MahaRERA's groundbreaking mandate requires developers to mention agent commissions, broking fees, and charges in sales agreements with licensed real estate agents. This requirement strengthens agents' official roles in transactions and improves openness and accountability in real estate transactions
- 26th Oct 2024
- 1174 Views
Over 350 million square feet of developed commercial office space will propel India's SM REITs market to $60 billion by 2026. This regulation increases openness, investor protection, and engagement. Union Budget tax revisions and SEBI framework boost real estate securitisation.
- 8th Sep 2024
- 1163 Views
Blockchain technology is transforming sectors, including real estate. Blockchain, however new in India, will improve property transactions' transparency, security, and efficiency. This Ghar guide examines how blockchain is changing the Indian real estate business.
- 21st Aug 2024
- 1212 Views
GIS-digitized land records will transform India's real estate industry. This effort seeks to expedite land acquisition, decrease title concerns, and attract large local and foreign investments. Ghar highlights five essential points.
- 28th Jul 2024
- 1208 Views
Indian real estate transactions are safer, more efficient, and more transparent with Aadhaar. Ghar lists 5 key reasons.
- 26th May 2024
- 1323 Views
Bank lending to commercial real estate, including residential projects, rose 23% last fiscal year excluding the HDFC-HDFC Bank merger. Loans totaled Rs 3.97 lakh crore. Including the merger, growth rose to 38.9%, with Rs 4.48 lakh crore in loans as of March 31.
- 8th May 2024
- 1319 Views
MahaRERA has proposed a breakthrough rule to increase openness and accountability in real estate developments. For compliance and efficient money utilisation, this proposal requires projects to maintain three bank accounts in the same bank.
- 27th Mar 2024
- 1295 Views
A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.
- 21st Mar 2024
- 1357 Views
Dedicated Monitoring Unit RequestThe Ministry of Housing should create a body to manage all state Real Estate Regulatory Authorities, according to a national homebuyers association. This suggestion was presented at a meeting with the Ministry of Housing and Urban Affairs.
- 9th Mar 2024
- 1250 Views
The Maharashtra Real Estate Regulatory Authority (MahaRERA) is revolutionizing the Indian real estate sector with its groundbreaking Quality Assurance Framework. This comprehensive initiative aims to elevate construction standards, ensure defect-free homes, and empower homebuyers
- 1st Dec 2023
- 1213 Views
In a bold initiative to demonstrate openness and regulatory supervision, MahaRERA deregistered seven key projects throughout the state. Developers recognise budgetary restrictions and lacklustre reception to their offers.
- 22nd Oct 2023
- 1343 Views
The Uttar Pradesh Real Estate Regulatory Act (UP-RERA) has improved transparency and strengthened real estate project bank account banking. A recent State Level Bank Committee (SLBC) statement stressed the need of managing these accounts according to RBI and RERA Act guidelines.
- 17th Oct 2023
- 1342 Views