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Real Estate Regulation and Development Act News

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The apex court also asked other High Courts, where pleas against validity of RERA are pending, to await the decision of Bombay High Court.
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Office space leasing rose 28 per cent in eight top cities to touch 10 million sq ft during April-June over the previous quarter as corporates continued to expand their operations, according to a CBRE India report.
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The real estate project launches in Mumbai dropped by 24 percent in the first quarter of 2017, a recent survey said.
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The real estate sector has been traversing through challenging times and resultant impact has been felt on the demand for residential real estate projects.
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The Real Estate (Regulation and Development) Act, 2016 has been notified and will come into force from May 1, 2016. 






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