Real Estate Regulator Now A Step Closer To Reality

Real Estate Regulator Now A Step Closer To Reality

New Delhi: The Rajya Sabha passed a bill on Thursday to regulate the real estate sector, protect home buyers and ensure the timely execution of projects with an aim to boost investor confidence and stamp out illegal practices. The new...
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Builders Welcome Regulatory Bill, Say Provision of Jail Harsh

Builders Welcome Regulatory Bill, Say Provision of Jail Harsh

New Delhi: Realty developers and consultants on Thursday hailed passage of the Regulatory Bill in the Rajya Sabha, saying the law would bring credibility to property business and protect consumer interest but felt that some of the provisions like imprisonment....
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Realty Stocks Jump After Rajya Sabha Clears Real Estate Bill

Realty Stocks Jump After Rajya Sabha Clears Real Estate Bill

The bill provides protection to home buyers if the developer fails to hand-over property on time Shares of property developers outperformed the broader stock markets on Friday, with the sub-index of realty stocks on the Bombay Stock Exchange gaining 3...
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Entry Fee Offset in Spectrum Bids Caused Rs 5,476-Cr Loss: Government Auditor

Entry Fee Offset in Spectrum Bids Caused Rs 5,476-Cr Loss: Government Auditor

New Delhi: Adjustment of one-time entry fee paid by telecom companies whose licences were quashed by the Supreme Court against the spectrum price they paid in 2012-13 deprived national exchequer of Rs 5,476.3 crore, a CAG report tabled in Parliament...
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Real Estate Bill Could Encourage FDI Inflows: Nomura

Real Estate Bill Could Encourage FDI Inflows: Nomura

New Delhi: The Real Estate Bill can bring greater credibility to the sector through more transparency as well as accountability and could encourage flow of FDI (foreign direct investment) funds into the market, a report by global financial services firm...
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Facebook’s Zuckerberg Settles Real Estate Lawsuit For No Payout

Facebook’s Zuckerberg Settles Real Estate Lawsuit For No Payout

San Francisco: Mark Zuckerberg has agreed to settle a lawsuit and pay no money to a real estate developer who sued him in a dispute over property near the Facebook Inc chief executive’s home in Silicon Valley, his lawyer said...
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