Domestic consumers are confident that the new legislation will protect their interests following the Real Estate (Regulation and Development) Act’s (RERA) adoption. But whether or not people are aware of how to file a complaint or report a situation following the new RERA regulations is a moot point. A complaint made following the RERA must follow the format required by the laws of the relevant state. The grievance may be submitted following an assignment registered under RERA, within the allotted period, for infringement or disobedience of the act’s requirements as well as any rules or regulations formulated under RERA.… Read more
Godrej Properties adds a 50-acre residential development, in Manor, Palghar!
Tags: Real EstateRealty Guide
Godrej Properties Ltd. has announced that it has reached a deal to purchase a land lot outright in the rapidly expanding micro market of Manor, Palghar. The proposed assignment, which spans 50 acres, is expected to include 1.2 million rectangular feet of saleable space that are typically made up of residential plotted improvements.… Read more
Chintels Paradiso: Will there be another demolition?
Tags: IndiaNewsReal Estate
Less than three months after the destruction of the Supertech Twin Towers in Noida Sector- 93 A, the National Capital Region (NCR) was jolted by another similar incidence of razing a tower of a housing complex in Gurgaon. This time, the Chintels Paradiso project in Gurgaon’s Sector-109 came under scrutiny for a terrible occurrence in February 2022, demonstrating the significance of building quality. A subsequent inquiry following the catastrophe blamed the developer and contractors. Here’s a case study on the analyzed period that highlights the motivators for it and why it should serve as a lesson to the real estate sector.… Read more
In India, Fire Security Requirements Apply To High-Rise Residential Structures.
With the growth in construction activity in India, particularly in high-rise structures, the occurrences of fire breakouts have also grown significantly. The big fire disaster at a multi-story hotel in Karol Bagh earlier this year, followed by widespread fire mishaps in Mumbai, Kolkata, Chennai, and Surat, are just a few examples of incidents that highlight the fire safety problems in high-rise structures across the country.… Read more
Common Land Measuring Units In India.
Various terminologies are used across the country to represent the extent of landed property, based on the state. It is usually recommended to have an understanding of the common land measuring units used in India in order to better grasp a seller’s offer, and the terms as stated in the land papers, and to assess the value of the property.… Read more
Ready Reckoner Rates in Mumbai, 2022!
Ready Reckoner (RR) Rate is the lowest rate of property transactions notified by the sub-registrar office of a government. RR Rate is also known as Circle Rate in many states. It is nearly impossible to sell a property for less than the RR rate in Maharashtra. Ready reckoner rates help people figure out the minimum value of their property. People need to register their properties based on these rates, whether the property’s market value is higher or lower.… Read more
What exactly are building bye laws?
Developing a conceptual design for your ideal house is straightforward, but building it is hard. To guarantee a smooth construction process, it is critical to adhere to a set of rules and regulations known as ‘building bye laws.’… Read more
India’s top three cities for purchasing a retirement house
According to the 2021 population census, there are approximately 138 million senior persons in India, accounting for more than 10% of the population. By 2031, the population is predicted to increase by over 56 million to about 194 million, accounting for more than 13 percent of the demography. On the other side, as the youth of today moves to cities for improved life circumstances, jobs, and greater income, the notion of joint families, in which elderly folks formerly had carers, is slowly disappearing across the country. With an expanding ageing population and nuclear families, a gap in senior care services has grown.… Read more
Cement Price in Delhi
Tags: DelhiReal Estate
There has been a recent, widespread increase in cement prices. The monthly average price of ordinary cement in all of India increased by more than 10% in March 2022, reaching Rs 395 per 50 kg bag. Based exclusively on the comparison of one year to the next, it increased by 11%. Read on to learn more about Delhi’s cement price and how it affects the real estate industry.… Read more
What is the loading factor in apartments?
Tags: IndiaReal Estate
The contrast between the superb built-up position and the carpet location is known as loading, to put it simply. It may be computed using the following straightforward formula:… Read more
