Haryana govt notifies Development and Regulation Act
Track2Realty-Agencies: Haryana government has notified the Haryana Development and Regulation of Urban Areas (Amendment) Act, 2013 to regulate land use in the state.
Search Results: real estate regulation bill (208)
Cabinet defers decision on real estate regulator Bill
Track2Realty-Agencies: The Union Cabinet today deferred considering a draft law to set up a regulator for the real estate sector with provisions for jail term for the developer for putting out misleading advertisements about projects.
Bill to regulate real estate will not clip wings of players’
Track2Realty-Agencies: The proposed bill to regulate the real estate sector seeks to establish a transparent system of delivery and would not hamper the growth of the sector, a top government official has said.
ASSOCHAM objects to high handed proposed powers of realty regulators
Track2Realty: A reported provision in the proposed law to regulate the real estate sector to send individual or an entity to jail for “misleading” advertisements would be quite a retrograde and adversarial step for investment in the realty sector as it would be open to misuse by a few corrupt officials, ASSOCHAM said on Friday, March 29.
Government mulling tough real estate regulator: Ajay Maken
Track2Realty-Agencies: Government plans to set up a tough regulator for the real estate sector with provisions for even jail term for the developer for putting out misleading advertisements about projects.
Prescription for realty pain-Deregulation-II
Track2Realty Exclusive: With the number of approval-oriented steps adding up to more than 50, the process can stretch over a year and a half to two years. A system that is so obviously fraught with hurdles and red tape will naturally deter potential builders of integrity.
Track2Realty Roundtable—Looking In and Looking Ahead-VI
Ravi Sinha: In 2013 when most of the PE Funds are maturing, they may not be investing again in the real estate. So, from where will you generate the funds?
REIT’s may solve India’s real estate problem: Knight Frank Research
Track2Realty: India faces shortage of fresh supply of houses, the Technical Group on the Estimation of Housing Shortage projects the total shortage of dwelling units in urban areas in 2012 to be 18.78 million, said a report by Knight Frank Research.
Realty firm Sahana Group to launch two news channels
Track2Realty-Agencies: Sudhakar Shetty-promoted real estate company Sahana Group is set to foray into television media segment with two news channels.
Challenges surround reforms and facelift of Indian realty
Track2Realty Exclusive: The Indian real estate today stands at a crossroad where it seems the government is confused, the developer is confused, the financer is confused and the buyer is confused. They all seem to be in a wait and watch mode but not sure as to waiting for what. While the government is sitting over two crucial bills that has far reaching implications on the future of Indian real estate, reforms and regulation means different things to different stake holders. With a tectonic shift expected this year, all the stake holders are evaluating their own cost-benefit.