Brokerage

Brokerage issues to come under MahaRERA ambit

The development cost or cost of construction of a project shall not include marketing and brokerage following the sale of apartments, states the latest amendment. Issues of brokerage can now be taken up by the Maharashtra Real Estate Regulatory Authority(MahaRERA) as per the latest amendment in rules that were issued by the housing department on June…

Risland

Hong Kong’s Risland enters Indian realty market

Risland construction work has already started and the project would be ready for possession in November 2021. The construction contract has been awarded to CCTEB India (China Construction Third Engineering Bureau). Hong Kong-based realty firm Risland Holdings has forayed into Indian real estate market and will develop its first housing project in the national capital at…

Real Estate

Real estate index gains the most as sales volume picks up pace

New launches under Real Estate (Regulation and Development) Act have seen a sharp rise, leading to higher sales The once unorganized real estate sector is now getting legitimacy, with organized developers launching more properties under the legislation  Who would have thought that real estate stocks would lead returns in 2019. Nearly halfway into the year,…