Search result for How RERA Will Impact Property Market

RERA is still a work-in progress and the full impact of it would be achieved only in the long run. With major consolidation taking place within the industry, the unprofessional, fly-by-night operators would be sooner than later weeded out from the system, making the real estate industry a level-playing field for the more organized and transparen...

Over the years, a lot of things have changed for us at Sancheti Builders and in the midst of these changes, we have, as builders, learned a lot.  Each new challenge strengthened our brand in a unique way and when it was overcome, the emotions felt after that was indeed admirable. Such aspects both taught and astonished u...

Recently RERA (Real Estate Regulation and Development) Act, 2016 completed a year on May 1. Although certain sections of the Act were introduced on May 1, 2016, it came into force in its entirety on May 1, 2017. Before RERA, there was no real estate regulator in the country due to this many builders took homebuyers for a ride. Del...

Why RERA is still not a nation-wide market force. Many state governments have been lax in implementing RERA. There are various forces at play – the primary one being change aversion. RERA was conceived to change the entire status quo of how real estate is designed, developed and sold in India. It intends to put p...