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News Updates

31Mar2018

To Be Or Not To Be- Smart City Tag For New Town

The central government wants to give a second thought on whether New Town in Kolkata should receive a ‘Smart City’ tag or not, as there is no implementation of any central government flagship programmes by far, revealed the Union minister of housing and urban affairs, Hardeep Singh Puri. Yet, the government thinks that the entire pre-def

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27Mar2018

How RERA Impacts The Lease Transactions?

Starting from its implementation, the Real Estate (Regulation and Development) Act, 2016 (RERA) has made the structural reform distinctive and transparent. Maharashtra was the first state to notify the Act in the presence a state regulatory authority. As of now, the state authority has acted on the errant buyers against complaints in bulk from the

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15Mar2018

Active Participatory Role Of Homebuyers In Making Decisions About Insolvency Proceedings Of Real Estate Companies

Homebuyers might be considered as commensurate with the unsecured financial lenders at insolvency proceedings for real estate companies. With the implementation of this new rule, a bulk of the suffered homebuyers, left in the lurch for the compensation from real estate companies such as- Unitech, Jaypee Infratech, and Amrapali and reach a conclusiv

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