If the sales numbers of Mumbai’s residential sector in October are anything to go by, the long-awaited boom in real estate sales could well have arrived. According to data from Knight Frank India, the Mumbai Metropolitan Region (MMR) recorded sales of 7,929 homes last month — a 42 percent rise […]
Homebuyers Can Move To Consumer Courts For Refunds, Compensation For Delays Despite RERA: Supreme Court
In a victory of sorts for homebuyers, the Supreme Court has made it clear that buyers can still approach the consumer forum for redressal, including refund and compensation from real estate firms, for delay in handing over possession of their homes, despite the enactment of Real Estate (Regulation and Development) […]
Metro Will Shoot Housing Demand On Kanakapura Road In Bangalore
With the Kanakapura Road (Yelachenahalli-Anjanapura) section of Namma Metro likely to be operational November-end, the real estate sector is expected to get a boost. Real estate consultants say Metro connectivity to Kanakapura Road is likely to push up housing demand, especially among those looking for affordable options on the city’s […]
Festive Season Will Bring Smile Back On Real Estate
It would not be wrong to say that the unprecedented crisis has really made the real estate industry more innovative and tech-focused. There has been a wonderful role reversal. Earlier, homebuyers used to go house-hopping (if we could call it that) to shortlist houses that they might be interested in. […]
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 […]