Tag Archives: The Real Estate Regulation and Development Bill

Cabinet clears 20 major amendments to real estate bill

These changes were based on the recommendations of the select committee of Rajya Sabha that had examined the bill pending in the upper house of the parliament NEW DELHI | MUMBAI: The union cabinet has approved 20 major amendments to the real estate regulatory bill that seeks to protect home buyers as well as help...Read more

Akrama-Sakrama Scheme – Legalizing The Illegal

“Akrama-Sakrama”, which colloquially means legalizing the illegal, is now a popular idiom used for a law that aims to provide a one-time opportunity for building and site bylaw violators to regularize their construction. The saga began in 2007, when the Government enacted the Karnataka Town Planning and Country Planning (KTCP) and certain others (Amendment) Act,...Read more

What Does Real Estate Trends For 2014-15 Look Like

1. What is the market overview in the residential and commercial real estate market in 2013? Please discuss the trends you have noticed which will be shaping up the demand curve in 2014. 2013 saw a lot of key external factors affecting the residential real estate market. RBI guidelines, revisions on FDI, the draft Real...Read more