Industry News - Real Estate

Industry News Content

How to Identify Fake Property Documents and Avoid Fraud 19 February, 2025
How to Identify Fake Property Documents and Avoid Fraud 19 February, 2025

Warning Signs of Fake Property Documents 1. Seller’s Hesitation to Show Property Papers If a seller is reluctant to share property documents before closing the deal, it could indicate hidden i...

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 Over 1,400 SDS NRI Township Buyers Protest Builder’s Demand for Additional Farmers’ Compensation 17 February, 2025
Over 1,400 SDS NRI Township Buyers Protest Builder’s Demand for Additional Farmers’ Compensation 17 February, 2025

NOIDA: Over 1,400 homebuyers of the SDS NRI Township in Sector 26A, located along the Yamuna Expressway, have launched a protest against the developer’s request for an additional 64.7% farmers' ...

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Home Loan EMIs to Ease as RBI Cuts Repo Rate by 25 bps 07 February, 2025
Home Loan EMIs to Ease as RBI Cuts Repo Rate by 25 bps 07 February, 2025

The Reserve Bank of India (RBI) announced a 25-basis point reduction in the repo rate to 6.25% on February 7—the first cut in nearly five years. This move is expected to reduce home loan interes...

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What Real Estate Benefits Were Announced in Budget 2025? 04 February, 2025
What Real Estate Benefits Were Announced in Budget 2025? 04 February, 2025

Union Budget 2025-26: Key Highlights for Real Estate On February 1, Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025-26, prioritizing economic growth, infrastructure expansion, and ...

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Why Declaring Real Estate Industry is crucial for India's Future 17 January, 2025
Why Declaring Real Estate Industry is crucial for India's Future 17 January, 2025

The Indian real estate sector has long been a cornerstone of the country’s Economic Growth, yet it continues to face significant challenges due to its lack of recognition in formal policy framew...

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MahaRERA Directs Builder to Compensate Buyer with Interest for Flat Delay 30 December, 2024
MahaRERA Directs Builder to Compensate Buyer with Interest for Flat Delay 30 December, 2024

In a recent directive, MahaRERA instructed Lokhandwala-Kataria Construction, the developer of the Minerva project in Lower Parel, to compensate a homebuyer for delayed possession. The buyer, who had b...

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Why Flats in Newtown Are the Future of Kolkata Living ? 17 December, 2024
Why Flats in Newtown Are the Future of Kolkata Living ? 17 December, 2024

Kolkata is one of the busiest cities in Eastern India, attracting people from all over the country seeking a smooth and convenient lifestyle. As the City of Joy grows, so does the demand for housing, ...

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Circulation From WBRERA 16 December, 2024
Circulation From WBRERA 16 December, 2024

As per source the west Bengal real estate regulatory authority has issued an important order dated, 06th December’24(No:- 1986-RERA/L-01/2023) for for quarterly updated of Real Estate proje...

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LIG, MIG, and HIG Flats: Definitions, Key Differences, and Available Housing Schemes 14 November, 2024
LIG, MIG, and HIG Flats: Definitions, Key Differences, and Available Housing Schemes 14 November, 2024

Understanding different housing schemes is essential for prospective homebuyers. Key terms like LIG (Lower Income Group), MIG (Middle Income Group), and HIG (Higher Income Group) flats are often used,...

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RBI Holds Repo Rate Steady for 10th Time; Home Loan Rates Likely Unchanged 16 October, 2024
RBI Holds Repo Rate Steady for 10th Time; Home Loan Rates Likely Unchanged 16 October, 2024

For the tenth consecutive time, the Reserve Bank of India (RBI) has kept the repo rate steady at 6.50%, as decided by a 5:1 vote in the latest Monetary Policy Committee (MPC) meeting on October 9, 202...

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Understanding Repo Rate: Impact on Loans and Economy Explained 15 October, 2024
Understanding Repo Rate: Impact on Loans and Economy Explained 15 October, 2024

In its October 9, 2024 meeting, the RBI’s Monetary Policy Committee (MPC) decided to keep the repo rate steady at 6.50 percent for the tenth time in a row. This decision offers relief to home lo...

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UP-RERA: Promoters Cannot Impose Possession Terms That Restrict Allottees' Legal Rights 25 September, 2024
UP-RERA: Promoters Cannot Impose Possession Terms That Restrict Allottees' Legal Rights 25 September, 2024

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has received complaints from homebuyers regarding developers offering conditional possession of units through declarations or agreements. T...

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