RERA - the Impact on the Real Estate Sector

In the year 2016, the Indian government came up with the Real Estate (Regulation and Development) Act (RERA). Now, it wouldn’t be wrong to say the introduction of RERA has impacted and brought in some revolutionary changes in the Indian real estate, making it safer and more convenient for home buyers to buy a home in India. However, before talking about the impact of RERA, let's talk about the major challenges faced by the customers. Delay...

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How to Manage the Process of Relocating to Bangalore

Migrating from one place to another in search of better opportunities, better lifestyle etc. is a very common thing and people have been doing that from ages. Hence, you should never take your life and your current job for granted. You might come across some inescapable opportunities without even asking for it. It’s like you’re relaxing in your balcony on a fine Sunday morning and you receive a call from the HR of a very big company based in Bangalore....

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Demonetization Effect on Bangalore: The Aftermath

The two biggest policies rolled out last year: GST and Demonetization have affected each Indian state equally. Kolkata’s real-estate is in shambles and so is the real-estate of Mumbai or Bangalore. It’s not that some cities were immune to Demonetization and some were not. The effect was widespread and even-handed. So, irrespective of whether you have plans to buy a flat in Bangalore or not, 2018 is the best time for home buyers to invest in real...

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Latest RERA Rules as Implemented by Maharashtra

Recently the Government of Maharashtra implemented the latest changes in the Real Estate Act rules which is being celebrated for being in favor of buyers and ensuring that builders are stringent in maintaining standards. According to the new rules, it will become mandatory for builders to disclose all their upcoming projects to RERA specialists including the ongoing ones without being biased towards any venture. Owing to this move, it will become...

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What Is The Purpose Of RERA?

The Real Estate (Regulation and Development) Act, 2016 is an Act of the Indian Parliament. It was put into practice with the intention to secure home-purchasers and protect interests in the real estate business. The absence of a proper regulatory action for the real estate sector was long due. It establishes the Real Estate Regulatory Authority in every State and Union territory. Its works include protection of the interest of stakeholders,...

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Affordable Homes Are No Longer A Distant Dream

With rising inflation, it is becoming increasingly tough to find affordable housing. In cities like Pune which is a rapidly growing metropolitan the Union Government has published a notification regarding its infrastructure status to affordable housing projects. These are the ones which utilize 50% FSI or Floor Space Index for building with a carpet area of 60 sq. m. To ensure people such as auto drivers with a household income of Rs. 20,000...

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All About Investing Smartly In Real Estate

Real estate investments are a great way to secure not only yours but the future of your loved ones. Whatever the reason be you must make sure the agent or method you choose to invest with is reliable and offers appreciable returns. Here are some tips to help you invest wisely in real estate whether you are a salaried or self-employed individual - Know the market performance of various locations. This simply means that property prices will...

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Popular Weekend Getaways In Bangalore, To Check Out

After tiring days at work hanging out in a relaxing and scenically rich destination is what all of us aim for. Bangalore real estate is one such destination which offers a perfect getaway for you and your loved ones. Let’s explore them here:- Nandi Hills This is a small hill station located 60 kilometers from the city. It is situated close to the International airport of Bangalore with hills being located about 20 kilometers...

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Interesting Weekend Getaways In Chennai

Chennai is one of the most scenic and hospitable city on the Coromandel Coast of Tamil Nadu. It is home to some of the beautiful beaches, leisure outlets, seaport, airport, theme parks, industrial cities, multispecialty hospitals and so on. Some of the interesting getaways Chennai offers are - Tirupati This is an ideal place to enjoy weekends as it is rich in history and archaeology. It offers an easy commute with several lodging...

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Bangalore Smart City Project to Give the Real-Estate a Boost

Bangalore was official ‘the Silicon Valley of India’ before Hyderabad pushed it at number two. This happened probably because any city that develops fast also has to deal with a huge number of problems cropping up on the surface. Some of the biggest problems that supported Hyderabad overthrow Bangalore from No.1 position was (1) the ease of doing business was reducing, (2) traffic woes were an all-time high and power, and (3) water crisis was becoming...

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