What RERA means for real estate agents, under-construction projects

Under the RERA Act, in order to render their services, all agents have to be registered with the authority and the developer. The deadline for establishing a real estate regulator is over. According to the Real Estate (Regulation and Development) Act, 2016, which was enacted on 1 May 2016, a regulator under the Act should come in to existence by 1 May 2017. The Ministry … Continue reading What RERA means for real estate agents, under-construction projects

Market for ultra-extravagant homes growing at steady pace

While the real estate sector is ringing with profits thanks to the nouveau riche investing in luxurious homes, real estate developers too are taking a keen interest to dwell into this segment Rampant urbanization in most of the metros coupled with extravagant real estate properties are luring in a major chunk of the cosmopolitan crowd who now wants to own homes that match their lavish … Continue reading Market for ultra-extravagant homes growing at steady pace