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 […]
This Festive Season Sees Developers Offering Freebies, Discounts To Win Over Customers
Post pandemic, the festive season was expected to be cold for the real estate sector owing to the misplaced perceptions about the way people behave in financially tough times. However, the recently gone Navratri period went quite well for the sector as many developers clocked big sales. The response so […]
Launch Of New Realty Projects In Bengaluru Witnesses A Fall But Demand For New Inventory Shoots Up
Registration of new real estate projects has seen a drastic decrease in Bengaluru this year amid the Covid pandemic and the slowdown in the economy, although realtors have started seeing green shoots in the past two months. Data sourced from the Karnataka Real Estate Regulatory Authority show that just 537 […]
60 Q-o-Q Sales Growth Recorded In Residential Realty Segment In Q2 2021
The gradual unlocking of the economy, pent-up demand, and improved affordability on the back of reduced home loan rates and attractive payment schemes and discounts have led to residential real estate recording a 60 percent quarter-on-quarter growth in the second quarter of the financial year 2021, an analysis by ICRA […]