The Haryana-Real Estate Regulatory Authority (H-Rera), Gurugram, has established a mediation forum for the amicable resolution of disputes between real estate developers and homebuyers. The authority said that alternate dispute resolution (ADR) mechanisms like arbitration, mediation, and conciliation are much more private, economical and time-saving than litigation. As such, the […]
Reasons Why Haryana RERA Order On Brokerage Is Good For Property Buyers & Sellers
After suffering a blow due to Covid disruption, the real estate sector is back in business even as Haryana’s Real Estate Regulatory Authority has started cracking down on property dealers, real estate agents, and brokers who mint money by charging hefty commissions both from the property buyer and seller. In […]
Developers Must Perform To Their Optimum To Win Homebuyer’s Confidence
The realty sector has been going through a rough phase over the past few years, and covid-19 has worsened the situation. Mint talked to Aakash Ohri, senior executive director, DLF Home Developers Ltd, on how the realtor has changed strategies to meet homebuyers’ expectations post the pandemic and the challenges […]
Gurgaon Developers Emphasise On Plots As COVID-19 Altered Consumer Choices
Gurgaon’s leading real estate developers with large land banks are focusing on launching gated colonies of residential plots instead of high-rises in a bid to cater to the shift in consumer preference in the wake of the coronavirus pandemic. DLF, Raheja, Alpha Corp and Signature Global are among the builders […]
Housing Enquiries Touch 50% Of Pre – COVID-19 Levels In Tier 1 Cities, Bengaluru Leads The Way
India’s residential real estate segment is witnessing a decisive return of serious enquiries, which are now at 50% of pre-COVID-19 levels in the top cities l, said a recent Anarock research. The Recovery is fastest in Bengaluru, where current enquiries have reached 70% of the January-February period, followed by Gurugram […]