Tag Archives: Real Estate

Real Estate Act comes into force w.e.f 01.05.2016

Real Estate Act comes into force tomorrow after 8 year long efforts Countdown for making operational rules, setting up Regulatory Authorities, Appellate Tribunals begins Rules to be made within a maximum period of 6 months; Authorities and Tribunals in one year     Ministry of HUPA begins work on preparation of model Rules under the… Read More »

Glimpse of Real Estate (Regulation and Development) Act 2016

Real Estate (Regulation and Development) Act, 2016 received the assent of the President on 25th March 2016, which substantially amends the original Real Estate Bill, 2013. This act will apply from a date to be notified in official gazette. The Act largely seeks to protect the interest of the allottees/purchasers by promoting transparency, accountability and… Read More »

9 Salient features of Real Estate Regulation Bill 2015

Cabinet approves Real Estate (Regulation and Development) Bill, 2015 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Real Estate (Regulation and Development) Bill, 2015, as reported by the Select Committee of Rajya Sabha. The Bill will now be taken up for consideration and passing by the Parliament. The Real… Read More »