A settlement between the National Association of Realtors and a lawsuit will make real estate agent compensation negotiable, potentially lowering broker fees. Buyers may need to pay agents directly.
MAHARERA revokes registrations of 13,785 real estate agents for regulatory non-compliance, emphasizing integrity and accountability in the industry.
The demand for luxury real estate continues to rise, with buyers showing an insatiable appetite for lavish homes. A recent Anarock study indicates a significant increase in luxury property sales across metropolitan areas.
Key differences between commercial and residential real estate agents and the potential for cross-selling are explored.
Understanding the role of real estate agents is essential for buyers and sellers to streamline transactions effectively and benefit from expert market insights.
HRERA issues new rules mandating residential property sales based on carpet area, deemed illegal otherwise.
New norms are drafted by the stamp duty and registration department to reduce the increasing property transaction frauds. Individuals authentication and birthmarks declaration are added.
Winkworth, a London-based real estate franchisor, is set to expand into India by opening offices, starting with Bangalore. This move is part of their international expansion strategy.
The housing ministry intends to introduce a real estate regulator to curb sector illegalities. The bill, aimed at safeguarding buyers, defines carpet area and mandates project registration.
Real estate in India lacks a strong consumer movement and transparent investment guidance. The current price surge has shifted focus from need-based to profit-driven investments.
City Corporation introduces apartment exchange scheme for Amanora Park Town project in Pune.
Bangalore real estate developers seek professional training for agents to boost buyer confidence and adapt to market changes.
Income-tax department to closely monitor real estate transactions over ₹30 lakh, with scrutiny triggers including gross income mismatch and large cash deposits.