Subvention Schemes – A Win-Win For All

By Mr.Kaizad Hateria, Brand Custodian & Chief Customer Delight Officer, Rustomjee Group Practically every new project being launched by real estate majors usually advertises a subvention scheme. Welcome to the new age way of buying a home – through subvention. For the uninitiated, subvention literally means ‘provision of assistance or financial

Cheated by developer cannot be termed as civil dispute: Bombay HC

By Accommodation Times Bureau MUMBAI The Justice, S.J. Kathawalla of Bombay High Court on Friday said that the complaints filed by the members of the public alleging that they have been cheated by the developer cannot be termed as disputes of a civil nature. The Petition was filed by a co-operative Society whose building

Land Owners, Investors having Area, Revenue Share in Real Estate Project to be treated as Promoter: Goa RERA

By Accommodation Times Bureau GOA Goa Real Estate Regulatory Authority (GoaRERA), vide Circular, has clarified the definition of the term ‘Promotor’ as defined under Section 2(zk) of the Real Estate (Regulation and Development) Act, 2016, The GoaRERA Authority has clarified as follows: 'Promoter” means, — (i) a person who constructs or causes to be constructed an

Mukul Singhal: 600 complaints from buyers who hail from Gautam Buddha Nagar

By Accommodation Times Bureau Uttar Pradesh To discuss the flawless implementation of the Real Estate (Regulation & Development) Act (RERA),  Mukul Singhal, the Chairman of Uttar Pradesh RERA called a meeting with buyers, developers and officials from Noida, Greater Noida and Yamuna Expressway of Gautam Buddha Nagar. In the meeting, the Chairman informed