By Accommodation Times Bureau WEST BENGAL As the West Bengal Government enacted its own Real Estate Act, Union minister for housing and development, Hardeep Singh Puri, told the press on September 18, 2018, that there is no confusion when it comes to the implementation of the centre's RERA and states have to
By Rohit Sharma In an exclusive interview with Dr Niranjan Hiranandani, Found & CMD, Hiranandani Communities, various aspects of Real Estate markets and development were detailed. He is also President (Nation), National Real Estate Development Council (NAREDCO), which works under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of
By Accommodation Times Bureau Q: What activities require Environmental Authorisation? Activities that are listed either in Listing 1 or in Listing 2 require Environmental Authorisation before commencement. Item Activity Possible impacts 1 The construction of facilities or infrastructure, including associated structures or infrastructure, for – Depending on the size, all infrastructure development could result in: physical impacts on ecosystems; visual
By Accommodation Times Bureau The land rates in Navi Mumbai has fallen down by 25%-40% as compared to the last auction, because of the Real Estate ( Regulation and Development ) Act. In the auction conducted by City and Industrial Development Corporation (CIDCO), in the recent auction CIDCO pulled together Rs.
By Dr Sanjay Chaturvedi, LLB, PhD Housing finance sector has established its existence in the country with set up of Housing Development Finance Corporation (HDFC) in 1977. There are several new entrants in the Housing Finance sector, viz.. Industrial Credit and Investment Corporation of India (ICICI) , Tata Home Finance, Birla
By Accommodation Times News Service Definition Affordability in today’s terms is a very generic used word for home buyers who are seeking to purchase a home. Affordable though very universal term it carries different meaning for different people based on individual level. It is also defined varied worldwide i.e
Dr Sanjay Chaturvedi, LLB, PhD. By Accommodation Times News Services First comprehensive Housing Policy came in 1995. gave some what hope to millions of shelter less people sleeping on roads. After that, 2005 seen yet another Housing Policy which wanted to eradicate or rationalise stamp duty to 4% across nation and many reforms.
By Accommodation Times News Services There have been several loopholes in the real estate sector and has overflowed in housing finance as well. Navi Mumbai is one such prime example for the need of regulation of real estate in India. Provision in Section 58(f) of the Transfer of Property Act, 1882 does