Tuesday 23rd July 2019,
Radio Metta

Builders

Over 50 per cent builders exit top real estate markets due to entry of large players in nine Indian cities

Over 50 per cent builders exit top real estate markets due to entry of large players in nine Indian cities

A long-drawn sales slowdown coupled with the entry of large players has forced over 50 per cent of developers to exit the realty market in top nine Indian cities, with the number of operating developers going down from 3,538 in 2011-12 to just 1,745 in 2017-18. Experts hint that there could be more churn in [...]

July 9, 2019 Loknath Das Real Estate Comments Off on Over 50 per cent builders exit top real estate markets due to entry of large players in nine Indian cities

Real estate prices in Goa unlikely to fall, say builders

Real estate prices in Goa unlikely to fall, say builders

PANAJI: After the demonetization announcement and with the Real Estate Regulation Act(RERA) waiting in the wings to make an entrance, numerous aspiring home seekers across the state are stuck in a dilemma. Conflicting views and statements that the cost of real estate will fall drastically has made first times purchasers wonder whether to put the [...]

December 15, 2016 Saheli Real Estate Comments Off on Real estate prices in Goa unlikely to fall, say builders

Need Real Estate Act that regulates builders, and authorities too

Need Real Estate Act that regulates builders, and authorities too

It is premature to imagine that the real estate regulator which comes into existence, as and when the Real Estate (Regulation and Development) Act is notified, will act as a panacea for all the ills of the realty sector in India. There is no reason why doubts shouldn’t rise on the efficacy of the Act. While [...]

October 12, 2016 Saheli Real Estate Comments Off on Need Real Estate Act that regulates builders, and authorities too

Builders beware: SC reaffirms protections for homebuyers, real estate sector must clean its act

Builders beware: SC reaffirms protections for homebuyers, real estate sector must clean its act

In yet another ruling upholding the rights of homebuyers, the Supreme Court directed real estate company Supertech to refund money to those who wanted to opt out of one of its projects in Noida, Uttar Pradesh. Using strong language, the apex court told the builder that it wasn’t concerned if the latter were to “sink [...]

September 10, 2016 Saheli Real Estate Comments Off on Builders beware: SC reaffirms protections for homebuyers, real estate sector must clean its act