RERA, 2016: 2 Years Down the Lane

It’s been 2 years since the RERA (Regulation & Development) act came into existence to root out the involvement of Black Money in the property buying process. RERA is an act of parliament and accounts for transparent flow of money in the system. It protects the rights of home buyers and strengthens the investment policies in the real estate industry. Residential and Commercial projects with a land area above 500 sq meters or more than 8 apartments need registration with RERA for launching ne...

Beginner Guide: How to Start Your Own Real Estate Venture

real estate venture
The real sector is flourishing with the jet speed in India. With the remarkable investment of $120 billion in 2017 to the expected skyrocket of $1 trillion in 2030, the number says it all. Investors from every background are keen to invest in the biggest venture, in which millennial accounts the major section. The current scenario was not as flourishing in the past but with enhanced transparency and enforcement of better institutions like RERA, REITs and title insurance, the already established ...

Affordable Housing: Millennials’ Going After Smaller Houses

Millennials found a new interest in the real estate industry: Affordable Housing, a prevalent feature of Indian Realty sector that is making the buzz in Tier 2 & 3 cities. USP of affordable housing lies in the name itself, even the middle class can easily afford the structure of a house. No stress of debt and home loans. This is what affordable housing offers and also the prime reason for its popularity. Developers are also eyeing this sector to capitalize their revenues by targeting the mil...

RERA: A Blessing to Buyers

Real Estate became an industry based on lopsided transactions and in favour of developers. But things are about to change with the introduction of RERA (Real  Estate Regulation and Development Act) by the Government of India on May 1, 2017. It aims to create a more fair and equitable transaction between buyers and builders of real estate. It’s about to bring accountability and transparency in the entire real estate market. Till date, there was no guarantee or warranty of any kind in...