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Bombay high court to rule on validity of RERA Act today

Bombay high court to rule on validity of RERA Act today

The Bombay high court will on Wednesday pronounce its judgment on the validity of the Real Estate (Regulation and Development) Act. The judgment is much awaited by all stakeholders in the real estate industry, especially builders. Last month, the HC had concluded hearing of arguments in a clutch of petitions filed by builders that challenged the constitutional validity of various key […]

Ready flats are top picks as builder delays rise

Ready flats are top picks as builder delays rise

Homebuyers are increasingly showing a preference for buying ready-to-move-in apartments against under-construction homes as builder delays and defaults increase. The trend indicates that consumers are more interested in certainty related to such ready apartments than saving money by booking an under-construction apartment that offers deferred payment facility. Taking a cue from this, real estate developers […]

RERA has revived home sector demand

RERA has revived home sector demand

SBI is seen to be among the major gainers from the government’s move to inject equity into state-run banks to enable them to lend more and spur economic activity. In an interview with TOI, Rajnish Kumar, the newly-appointed chairman of the country’s largest bank, talks about signs of change in the economic situation and expects […]

Happening hubs

Happening hubs

Undri-Pisoli belt is getting lots of focus from the homebuyers due to the availability of homes within their budgets. Pune’s outskirts are growing at a faster pace. They sport a new look with sound civic infrastruc ture and good residential project. Ample availability of land sets Pune apart. With the residential realty market in the […]

Should you bank on real estate?

Should you bank on real estate?

Is real estate an ideal investment asset class when compared to gold, equities, MFs, etc? We tell you why, despite its erratic performance, it is still a prized asset. Capital appreciation Dilkhush Shah, an interior decorator had only Rs 25 lakh to invest. She was advised to opt for mutual funds and gold rather than […]

5 things NRI buyers must know about home loan

5 things NRI buyers must know about home loan

An NRI or a non-resident Indian can easily take a loan from any of the lenders in India for buying a property in the country. 1) A resident Indian as a co-applicant or a co-borrower or a co-owner of the property should be a part of the application that is to be submitted 2) The minimum age […]