Urban development to boost Raigad; An emerging star on MMR’s realty horizon

By Accommodation Times Burea MUMBAI Confederation of Real Estate Developers’ Associations of India’s (CREDAI) MCHI Raigad Unit held a ‘Change of Guard’ ceremony where Ateeque Khot took charge as its new President and the developers’ body launched a report titled ‘Raigad District: A New South within the Emerging MMR Corridor’ with JLL. The

SRA sanctions deferment in payment of premium for fungible FSI

By Accommodation Times Bureau MUMBAI The Slum Rehabilitation Authority (SRA) has decided to sanction deferment in payment of premium for fungible Floor Space Index (FSI) under Regulation No. 35(4). Confederation Real Estate Developers’ Association of India (CREDAI) had urged SRA Chief Executive Officer Deepak Kapoor to extend the similar facility for SRA scheme,

MahaRERA launches conciliation forum, operational from Feb 1

By Rohit R. Sharma rohit@accommodationtimes.com MUMBAI To resolve quick grievances of a home-buyer, the Maharashtra Real Estate Regulatory Authority (MahaRERA’s) 15 conciliation benches will come into effect from 1st of February. The forum has 10 Conciliation Benches set up for Mumbai Metropolitan Region (MMR) and 5 Benches for Pune Region. Each Bench will have one

CREDAI seeks centres help to set up RERA tribunals

By Accommodation Times Bureau MUMBAI Confederation of Real Estate Developers’ Associations of India (CREDAI) is formally known for realty developers’ body. CREDAI has sought the governments’ involvement for setting up tribunals in all across the country, through a letter to Hardeep Singh Puri, Minister for Housing and Urban Affairs. CREDAI said in a

NAREDCO & CREDAI support RERA, urge developers to follow norms

  By Accommodation Times Bureau National Real Estate Development Council(NAREDCO) will not move court against the implementation of Real Estate Regulation and (Development) Act (RERA), even with regard to ongoing projects, as it helps build confidence among buyers, said its president Parveen Jain. Confederation of Real Estate Developers’ Association of India (CREDAI) has

Realtors must enroll under Madhya Pradesh RERA to get land registered

By Accommodation Times Bureau The local stamp and registrar office has received fresh instructions to ‘discourage’ property registration by builders and colonizers doing business without enrolling under Real Estate (Regulation and Development) Act 2016 (RERA). As per the instructions, it has been made compulsory for builders and colonizers to mention their RERA

Owing to RERA Gujarat realty market may see slump

By Accommodation Times Bureau Ahmedabad, June 22 (IANS) The Real Estate Regulatory Authority (RERA) and the Goods and Services Tax (GST) will together have a sledgehammer impact on the realty sector in Gujarat, forcing up to 80 per cent slump, say market experts. "RERA, the new bill by the central government