Real Estate Regulatory Act 2016

REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016

Introduction

  • Real Estate (Regulation and Development) Act (RERA) is an act passed by the Parliament in 2016 that came into effect from 1st May 2017.
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Real Estate Growth India 2020

Trends in Real Estate Growth in India

Real estate Industry in India – An overview

The Real estate market in India is one of the largest ...

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How to Invest Money in Real Estate

Why Invest Money in Real Estate?

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world”.

PMAY-Pradana Manthri Awas Yojana 2020 Housing Loan

PMAY- Housing for All by 2022 Scheme

 

The Government in the President's address in the Joint Session of Parliament in May 2014 had announced that "By the time the nation completes 75 years of its Independence (by 2022), every family will have a pucca house with water connection, toilet facilities, ...

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Home Loan tax benefits India

Why take Home Loans if you can afford to buy one?

As per the provisions of the Income Tax Act, 1961 taking a home ...

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Top 10 Areas to buy a Home in Hyderabad


“For every person who invests in a well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth
”.- Theodore Roosevelt

Real Estate Scenario in India 2019

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Top 10 Areas to buy a home in Visakhapatnam

Why make Visakhapatnam your home?

With employment reasons topping the list, there are a plethora of reasons for home buyers for selecting Visakhapatnam as the location for their dream home.

With its scenic beauty, Vizag as dearly ...

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HMDA Layout Plan process in simple way

Introduction: 

  HUDA(Hyderabad Urban Development Authority) was created in 1975, vide an act of the state assembly of Andhra Pradesh(Presently Telangana).

Its jurisdiction was expanded in 2008 by merging it with the surrounding villages to form the Hyderabad Metropolitan Development Authority(HMDA).

presently HMDA has a geographical spread of 7,257 Sq.kms covering 7 Districts, 70 Mandals, 1032 Villages including Greater Hyderabad Municipal Corporation.

HMDA Objective:

  • To plan, coordinate, supervise, promote and secure the planned development of the Hyderabad Metropolitan Region.
  • It prepares ...

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Dos and Donts for citizens for buying a property

Introduction:

Before VUDA the town planning trust(TPT) has existed since 1962, to implement development activities in and around Visakhapatnam.

The TPT was upgraded to Visakhapatnam Urban Development Authority it was constituted on 17th June 1978.Jurisdiction extending over Visakhapatnam Municipal Corporation and four municipal towns namely Vizianagaram, Bheemunipatnam, Gajuwaka and Anakapalli including 287 villages in 178-gram panchayats comprising an area of 1721Sq.Km 

Visakhapatnam Urban Development Authority(VUDA):

The Council of Ministers in Andhrapradesh approved the Expansion of the preview of the Visakhapatnam ...

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All Known about RERA Act

Introduction: 

   Real Estate as a general term describes the built environment, which plays a vital role in every aspect of an economy, society, and environment, the common man who invested his lifelong savings in buying a property. To protect and safeguard the interests of the home buyers and to ensure that they are not exploited by the developers/builders.

RERA:

  • RERA stands for Real Estate Regulatory Authority, the bill of this parliament of India act was passed on 10th March 2016 by Rajya sabha was effective from 1st May 2016.