Author Archives: ndtveditor
Exclusive: Maharashtra’s Housing Minister Talks To NDTV About State RERA
MUMBAI: The central government’s Real Estate Regulator Bill (RERA) came into force on May 1st, 2016, with a condition that the states be ready with their rules within a period of 6 months. In an exclusive chat with NDTV, the Minister of State for Housing for Maharashtra Ravindra Waikar has revealed that his state will
Protests Mount Over Bangalore’s Controversial Steel Flyover
Bangalore’s controversial steel flyover has finally got a nod from the state cabinet. Pegged to cost a whopping Rs 1,791 crore, work on this project is expected to begin soon. However, there have been very vocal protests against the project, with both urban mobility experts and citizens calling it a waste of resources. Worries rise
India’s Highest Consumer Court Brings Relief To Thousands Of Homebuyers
A 3-member bench of the National Consumer Disputes Redressal Commission (NCDRC) has ruled that all buyers of a housing project will be made party to any case filed against the real estate developer by another buyer. A move that dramatically increases the scale of lawsuits filed against errant builders while benefitting thousands of homebuyers across
Real Estate Act Rules To Be Notified In 10 Days
The Centre will notify the rules of the Real Estate Act soon, moving another step toward operationalising the legislation which seeks to regulate the housing sector, bring transparency and help protect consumer interests.
