Real Estate Regulatory Act (RERA) now introduced by the Indian Government

Developers cannot advertise their under construction projects from May 1 2017, once the Real Estate (Regulation & development) Act (RERA) will come into force across the country from May 1, 2017. However, if they have projects that have already obtained completion and occupancy certificates, those can continue to be advertised and sold. However, the good news is that many states have already created an interim … Continue reading Real Estate Regulatory Act (RERA) now introduced by the Indian Government

Why urban Indians are heading to buy weekend homes

Elegant farmhouses, koi ponds, equestrian facilities, themed event venues, beachfront gardens, and private golf courses – India’s uber-rich have always splurged on their lavish vacation homes. Now, people of more modest means are getting on to the leisure-property ladder, buying weekend retreats to escape the madding city crowds. Urban India’s increasing quest for solitude is turning the foothills of the Himalayas or the Aravalli, and … Continue reading Why urban Indians are heading to buy weekend homes

HDFC Realty launches app ‘PropPartner’ for brokers

Real estate advisory solutions provider HDFC Realty on Wednesday said it has launched a mobile application ‘PropPartner’ exclusively for brokers. The app gives brokers access to projects exclusively being marketed by HDFC Realty, featured projects with special schemes by developers and projects with HDFC’s special payment plan schemes, the company said in a statement issued here. Also, all the listed projects would be approved by … Continue reading HDFC Realty launches app ‘PropPartner’ for brokers