News articles tagged Homebuyers

Discover OCI Gandhinagar's 2025 Tri-City Property Fest: Buying, Investing, and Building Future Opportunities

CREDAI Gandhinagar's Three-Day Property Fest (10-12 January 2025) Features 120+ Projects Across Three Cities with Loan Approval and Discounts up to ₹1 Lakh.

Noida Authority Mandates Completion of Pending Flat Registrations

Noida Authority directs builders to complete pending flat registrations by year-end. Failure may result in concession withdrawal, ensuring homebuyers' timely possession.

23rd Property Expo in Navi Mumbai: CREDAI BANM Showcases Affordable Luxury Homes

The 23rd Property Expo by CREDAI BANM and CREDAI BANM-Raigad, set for January 24-27, 2025, at Seawoods, Navi Mumbai, offers diverse housing options from ₹15 lakhs to ₹25 crores across rapidly developing regions like Kharghar, Neral, and Karjat.

SWAMIH Fund approves Rs 165 crore for Greater Noida project

SWAMIH Fund grants ₹164 crore to Capital Infratechomes for a Greater Noida project, impacting 900 homebuyers and aiming for October 2021 completion.

Govt should prioritize housing to boost the real estate market, according to developers

Union Budget 2024 boosts real estate market, allocates Rs 10 lakh crore for urban housing, benefiting one crore poor and middle-class families, developers, and homebuyers.

Here are the reasons behind developers’ and buyers’ objections to the UP RERA model format for possession letters in Delhi-NCR real estate

Uttar Pradesh RERA has introduced a new directive regarding possession letters, raising concerns among developers and homebuyers about its implications and impact on long-standing disputes.

Is the number of wealthy Indians and NRIs investing in real estate in India experiencing an unprecedented rise?

India's luxury real estate market is booming, driven by rising affluent buyers, NRI investments, and demand for large homes, especially in cities like Mumbai and Goa.

10 Things You Should Know About Election’s Impact on the Real Estate Sector

The real estate market experiences slower activity during elections, while homebuyers remain active, driven by needs, amid anticipation of policy changes.

Noida directs real estate developers to pay dues and get registry permission

Noida Authority directs real estate developers to pay debts and get permission to register apartments for homebuyers.

RERA update: The Uttar Pradesh Real Estate Regulatory Authority issues five directives to protect the interests of purchasers

UPRERA mandates real estate developers to register projects under names on approved maps, sell only by carpet area, and include co-allottees in complaints.

The top six cities in India saw a 20% increase in housing sales in Q1 2024

Indian real estate began 2024 strongly, with residential property demand rising despite price increases. Top cities saw increased housing sales, indicating market resilience.

MAHARERA Cancels 13,785 Real Estate Agents’ Registrations

MAHARERA revokes registrations of 13,785 real estate agents for regulatory non-compliance, emphasizing integrity and accountability in the industry.

MahaRERA reports that the success rate of agreements between developers and homebuyers is approximately 50%

MahaRERA's conciliation forum boasts a 35-50% success rate in resolving disputes between homebuyers and developers, handling over 1,200 cases since 2018.

Gurugram real estate prices after the opening of the Dwarka Expressway

The Dwarka Expressway's opening is revitalizing Gurugram's real estate market, boosting residential projects and driving property prices higher as connectivity improves.

SC mandates that Lodha reimburse the homebuyer Rs 2.25 crore plus interest for the delivery delay.

The Supreme Court directed Lodha Crown Buildmart to reimburse a homebuyer ₹2.25Cr with 12% interest for a delayed apartment in Lodha Evoq, Wadala, overturning NCDRC's order.

The Mumbai real estate market records a 21% YoY increase in property registrations but a 22% decline in stamp duty collections.

Mumbai's real estate market saw a 21% YoY increase in property registrations in February 2024, despite a 22% drop in stamp duty collections. Residential units dominate the market, with smaller apartments gaining popularity.

The MahaRERA and the Advertising Standards Council will use artificial intelligence to monitor real estate advertisements.

MahaRERA and ASCI partner to use AI for identifying non-compliant real estate ads, enhancing transparency and protecting homebuyers' interests.

What’s increasing the demand for luxury and mid-range housing in Pune and MMR?

Luxury and mid-range housing demand surges in Pune and MMR, driven by factors like tax incentives, rising incomes, and NRI investments. Property values have increased significantly, especially in Mumbai, impacting affordability. Despite rising costs, sales remain strong, with buyers prioritizing larger homes and better amenities.