Real Estate sector Current Affairs - 2019

Category Wise PDF Compilations available at This Link

NAREDCO signs MoU with Housing Ministry to provide skill training and jobs in construction sector

Realtors body National Real Estate Development Council (NAREDCO) has signed Memorandum of Understanding (MoU) with Ministry of Housing and Urban Affairs to provide skill training and jobs in construction sector for 2.5 lakh poor people. The partnership will strengthen skill trainings and employment opportunities in construction sector for urban poor under Deendayal Antyodaya Yojana-National Urban Read More…

Month:  Categories: Science & Technology

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Global Real Estate Transparency Index: India ranks 35

India was ranked 35th among 100 countries (countries) in recently released Global Real Estate Transparency Index (GRETI). The index was released by realty consultant JLL. India was ranked 36th in the index during the last bi-annual survey conducted in 2016 and 40th in 2014. Its real estate market is currently placed in the ‘semi-transparent’ zone. Read More…

Month:  Categories: Reports & Indices

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Union Government notifies rules for Real Estate Act for five UTs

The Union Ministry of Housing has notified the Real Estate (Regulation and Development) (General) Rules, 2016, to be applicable to the five Union Territories. These five Union Territories are Andaman & Nicobar Islands, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Chandigarh. Key Facts These Rules have been notified as stipulated in the Real Read More…

Month:  Categories: Governance & Politics

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Real Estate (Regulation and Development) Act, 2016 comes into force

The Real Estate (Regulation and Development) Act, 2016 came into force on 1 May 2016. In this regard, Union Ministry of Housing and Urban Poverty Alleviation (HUPA) had notified 69 of the total 92 sections of the Act to bring it into force from 1 May 2016. Key provisions of Acts Sets up in motion Read More…

Month:  Categories: Constitution & Law

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Rajya Sabha passes Real Estate (Regulation and Development) Bill, 2015

The Rajya Sabha has passed the Real Estate (Regulation and Development) Bill, 2015 to protect the interests of consumers and curb the malpractices in the real estate sector. The bill seeks to create a uniform regulatory mechanism across the country and enhance the growth of construction sector. It also ensures to bring transparency and accountability Read More…

Month:  Categories: Constitution & Law

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Union Cabinet approves Real Estate (Regulation and Development) Bill, 2015

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Real Estate (Regulation and Development) Bill, 2015. The Bill seeks to protect the interest of consumers, promote fair play in real estate transactions and ensure timely execution of projects. It aims at restoring confidence of the real estate sector in the consumers Read More…

Month:  Categories: Constitution & Law

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