Co-Promoters are now Promoters under Maharashtra RERA

By Accommodation Times Bureau Mumbai 4th Dec 017: Maharashtra Real Estate Regulatory Authority has converted all Co-promoters into Promoters ( Land Owners/ Investors) . In its circular 13/2017 dated 4th Dec 2017, the Authority said "Wrhereas, for the case of filing online registration application and for the benefit of consumer it

Action against developer for submitting incomplete documents: Rajasthan RERA

By Accommodation Times Bureau JAIPUR The Real Estate Regulatory Authority (RERA)  will take action and issue notices against those developers who have submitted incomplete documents for registering their ongoing construction projects under the RERA Act. “There are nearly 200 ongoing projects whose developers have not deposited complete documents. Within the given deadline, these developers

Realty take a hit post demonetization; residential sales plummet by 23%

Ashvita Singh Accommodation Times News Service Owing to government’s demonetisation move on November 8, 2016, realty sector was brought to complete standstill with 23% fall in the residential sale across top eight in July-December, a report by Knight Frank said.   “The fourth quarter numbers are a testament to the effect that the

Environment clearance has been a bane for the realty industry: Ms. Manju Yagnik, Vice Chairperson, Nahar Group

Ashvita Singh There is a negative sentiment in media regarding the real estate sector post demonetization. At ground level, however, have the realty prices come down? Has Nahar group’s project taken a hit? What is going to be (demonetization’s) long term and short term impact on property segment ? The post-demonetization effect is