Fourrwalls Guide Latest Real Estate News and Articles on Properties in India and Living

maharashtra-rera-rules-and-withdrawal-of-amount-by-promoters-to-be-deposited-in-separate-account

Maharashtra RERA Rules and Withdrawal of Amou...

Maharashtra RERA Rules and Withdrawal of Amount by Promoters to be deposited in Separate Bank Account. First RERA mentioned in Act that a developer / builder needs to open an 'escrow account' for each project they undertake to develop. What is an Escrow Account? A separate account which is for a specific purpose and withdrawals from such acc...

how-to-deal-with-space-crunch-at-your-home

How to Deal with Space Crunch at Your Home

Is space crunch becoming a real issue at your home? Looking for effective ways to deal with the crisis? Has it been long you have received pleasing comments from your next door? Well, you can get the solution right here right now!! This post is going to offer quite a few useful tips that will come to your immense aid. Nowadays, it’s quite common to...

the-best-guide-to-invest-in-real-estate-for-new-investors

The Best Guide to Invest in Real Estate for N...

It’s always pretty common for the greenhorns to fall in several lucrative traps while investing in real estate. So, being a beginner, if you are on the lookout for quite a few useful strategies to avoid the probable risk factors, you have come to the right page! This post is going to be a great help to you! Act Wise Investing in real estate is no...

state-government-rejects-merger-of-6-villages-in-pcmc

State Government Rejects Merger of 6 villages...

The state government has rejected to merge 7 out of 14 villages including Hinjewadi and others into municipal limits. Government is however in favour to merge 34 villages in PMC limits which should happen soon. The proposal was rejected because PMRDA (Pune Metropolitan Regional Development Authority )has been established in June 2015 and it will do all...

sbi-reduces-home-loan-rate-by-25-bps

SBI Reduces Home Loan Rate by 25 bps

With SBI(State Bank Of India), the leading lender in India, trimming down the home loan rate up to Rs. 30 Lakh, the eligible customers have started exhilarating over the cutback of 25 bps. The interest rate will be 8.35 percent per annum for home loan up to Rs 30 Lakhs. On top, SBI has also announced an interest subvention of Rs. 2.67 Lakhs under Pradhan Man...

pune-metro-work-to-begins-on-the-10-km-stretch-from-pcmc-main-building-to-range-hills

Pune Metro Work to Begins on the 10 km Stretc...

Long awaited Pune Metro work starts in 15 days on the PCMC main building to Range Hills stretch.MAHA-METRO managing director Brijesh Dixit stated with Pune Mirror that they have handed over geotechnical data to the company to cross verify the data and start work. The work would start from Dr Ambedkar Chowk, near to PCMC main building, for which traffic would...

benefits-of-rera-to-home-buyers-rera-faqs-consumer-perspective

Benefits of RERA To Home Buyers- RERA FAQ's...

RERA act which is launched on 1st may 2017 is expected to bring relief for homebuyers and developers will have to give timely possession for projects. No new launch can be initiated till the project is registered under RERA act. Many builders and agents have been rushing to register under the act since it is implemented. What Is RERA Under the new RER...

rera-real-estate-regulation-and-development-act-promoters-perspective

RERA (Real Estate Regulation and Development...

It has been only five days that RERA act has been implemented and there have been lot of ambiguity regarding the act. As only 13 states have so far notified the rules, several states have diluted the rules and there is question of presence of regulator. There are many who still don't know what RERA is and what are its effects on real estate market. Conce...

maharashtra-developers-and-real-estate-agent-initiate-to-register-under-rera

Maharashtra  Developers and Real Estate Agent...

According to RERA all existing ongoing projects need to register with their regulatory authority by 31st July 2017. They have been given time of 90 days to file for registration, however no new project can be launched unless registered under the RERA act. Although promoters and builder can continue to market their ongoing project and gather approvals from ex...

is-your-dream-homes-possession-delayed-rera-can-help-you

Is Your Dream Homes Possession Delayed? RERA...

From 1st may 2017 the RERA (real estate regulation and development) act has come into effect, which means now onwards there would be no delay in possession of your dream home. This act not only will help new home buyers but also the ones who awaiting possession of their homes.The States that have notified the rules are Uttar Pradesh, Gujarat, Odisha, Andhra...

faqs-on-real-estate-regulation-and-development-act-state-of-maharashtra

FAQ's On Real Estate Regulation and Developme...

Latest update on RERA FAQ 2 (27 june 2017) 1: (A) From a buyers perspective, what is an acceptable evidence of sanction under RERA ? (a) IOD, or (b) Commencement certificate (CC) upto plinth or, (c) CC endorsed for the floor on which buyer wants to book the apartment ? Ans: For registration and booking it is IOD or IOA, which is building plan approval...

epfo-and-union-ministry-of-development-to-provide-10-lakh-homes-in-next-two-years

EPFO And Union Ministry Of Development To Pro...

Union Labour Minister Bandaru Dattatreya said the Urban Development Ministry with collaboration with EPFO (Employees' Provident Fund Organisation) will construct 10 lakh homes in next 2 years. The decision will be a boost to the vision of PM Narendra Modi's home for all in 2022. In 2015 PM Narendra Modi had had given a nod for Housing for all by...

rera-guidelines-for-real-estate-broker-agent

RERA Guidelines For Real Estate Broker-Agent

Article Index 1) Rera registration fees real estate agents 2) Fees for renewal of registration of real estate agent 3) Convenience fee to be levied on the promoters / real estate agents / complainant 4) Documents required for rera registration process of an agent 5) Regulations and process for a real estate agent to register 6) What is acknowledgement...

state-entities-can-now-ask-foreign-agencies-to-lend-for-major-infra-projects

State Entities Can Now Ask Foreign Agencies t...

The Union Cabinet has now paved way for new regulations to allow the state government entities to have a better access to the foreign countries giving exclusive assistance for chief infrastructure projects. It has spread a ray of hope to all the small-scale and big-scale industries. Once it gets approved, all the eminent as well as not-so-eminent entities wo...

rera-real-estate-regulation-and-development-act-to-be-implemented-on-1st-may-2017

RERA (Real Estate Regulation and Development...

Gone are the days when the property buyers had to bear all the impacts whenever any real estate transaction would go awry. As for instance, if there are interruptions in constructions or the concerned property gets locked in several rows or even the builders makes significant changes in the proposed plan, it has always been the home buyers who have compromis...

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Disclaimer - The particulars contained on the mentions details of the Projects/developments undertaken by the Company including depicting banners/posters of the Project. The contents are being modified in terms of the stipulations / recommendations under the Real Estate Regulation Act, 2016 and Rules made thereunder ("RERA") and accordingly may not be fully in line thereof as of date. You are therefore required to verify all the details, including area, amenities, services, terms of sales and payments and other relevant terms independently. FourrWalls does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the information contained herein. You are advised to conduct an independent verification before entering into any transaction.
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