Home Buyers Look out for Holistic Living Experience

By Dr Niranjan Hiranandani, CMD, Hiranandani Communities CHENNAI The well-heeled, well-educated and affluent home buyers of today are constantly on the lookout for luxury real estate projects that offer them high value, a unique status symbol, and state-of-the-art amenities. This has resulted in the rise of modern, sophisticated integrated township models, which

SC protects Amrapali home buyers

By Accommodation Times Bureau NEW DELHI In a move to provide major relief to homebuyers by protecting their money and interest, on Thursday the Supreme Court assured more than 40,000 homebuyers who have invested their money in Amrapali's various housing projects, it said their money is safe. The court would protect the interest

Home buyers Facing The Petition Challenging Legality of RERA

By Accommodation Times Bureau Realty developers have filed petition challenging the legal validity of RERA and some of its provisions, in the Bombay High Court. On the other side, a pan-India homebuyer's pressure group ‘Fight for RERA’- that has now formed a non-profit company Forum for People's Collective Efforts (FPCE)-has filed an application in the Bombay High Court. Several

Dwarka Expressway: Home buyers now Emphasizing Faster Completion , headed NHAI

By Accommodation Times Bureau NHAI officials are approached by the members of DXP Welfare Association, which represents 34 residential projects on Dwarka expressway on September 23, and asked for an explanation about the incompletion of the national highway. The expressway project is still showing delay due to the land acquisition hurdles, which was launched a decade ago. "We are unable

Karnataka RERA covers many ongoing plans, home buyers happy !

By Accommodation Times Bureau Homebuyers may stand to benefit from the provisions of the Real Estate (Regulation & Development) Act notified by the Karnataka government on Monday . It, among other things, brings a huge number of ongoing projects under the purview of the law. The government had come under criticism for the

MahaRERA portal missing grievance redressal for home buyers

By Accommodation Times Bureau The beneficiaries of RERA and advocacy groups are criticizing the state online portal initiated for the Real Estate (Regulation & Development) Act, for not having alleviated any grievance redressal mechanism for the users. The newly introduced legislation and laws affect particularly three stakeholders — promoters, agents/brokers and citizens.

Maharashtra: Home buyers now to pay VAT on staggered payments

By Accommodation Times Bureau The Maharashtra government has issued a notification to levy ‘ Value Added Tax’ (VAT) , based on staggered payments received from home buyers. This is going to make impact on all the real estate transactions in the state. With this notice, the buyers who will be paying before