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How RERA helps a buyer

Ankur Gupta|January 1st, 2014

Finally, after 10 years of long wait, RERA has finally swung into action. The government implemented RERA Act from May 1st onwards, whose main objective is to look into the grievances of the consumers. When it comes to the real estate sector it is a known fact that customers have faced a number of issues when it comes to delivery of the under-construction properties, execution of the said plans and the legitimacy of the property.What RERA does is that it promotes accountability, transparency,

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How RERA will benefit the consumers

Akhilesh Sharma|January 1st, 2014

It is compulsory for all real estate developers/promoters to register the ongoing and upcoming real estate projects with RERA.Consumers will now have to pay only for the carpet area.Developers/promoters will have to communicate all the project details, which include the project plan, layout and also the government approvals to the consumer. Details regarding sanctioned floor space index (FSI), the number of buildings and wings, number of floors in each building will also be shared with the

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PropTech: The Real Estate Underdog Taking India by Storm

Ankur Gupta|August 20th, 2019

PropTech: The Real Estate Underdog Taking India by StormA short brief on how the industry is changing with tech integrationIt’s the entire buzz. You hear the word in your corporate circles, your board meetings and read it in Forbes articles. It's the new big thing in the real estate sector and your search has landed you here, at this short read, which should help you catch up. Before we dive into the various things real estate startups in India are doing within this niche, let’s go over

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Commercial spaces rising in the turbulent Real Estate market

Akhilesh Sharma|August 20th, 2019

Commercial spaces rising in the turbulent Real Estate marketCommercial real estate swells in an industry affected by major policy changesOverview: Real Estate in IndiaThe real estate market has been a serious winner for most investors in India. Given its huge propensity for growth, driven by factors such as urbanization, rising incomes and investor confidence, the sector is unlikely to be impacted significantly by the global economic downturns predicted starting 2020. This is further supported

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GST: A Burden for Commercial Lessors

Akhilesh Sharma|August 20th, 2019

GST: A Burden for Commercial LessorsThe new tax regime does nothing for commercial real estate developers who bypass a sale and instead opt to lease out their propertyThe introduction of the ‘Goods and Service Tax’ in July of 2017 was hailed as a defining moment of the government’s tenure, dreamed as a miraculous antidote to the surplus of taxes which were ailing business operations up till then. Its aim was simple: the consolidation of all these divergent charges under the common header

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Top 4 Reasons to Invest in Commercial RealEstate

Ankur Gupta|August 20th, 2019

Top 4 Reasons to Invest in Commercial Real EstateThe expanding commercial realty sector is ripe for the undertaking and here are the top reasons why.OverviewThere are several drivers of the growth of commercial real estate in India. Rising demand for office spaces, fresh approaches such as co-working spaces, increased regulation and security within the sector to name a few. All of these have had a noticeable effect on the sector and its prospects.According to IBEF, commercial real estate in

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