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RERA FAQs: 25 questions every homebuyer should know the answers to
Enacted by Parliament in 2016, the Real Estate (Regulation and Development) Act, or RERA, was introduced to bring greater transparency, accountability and efficiency to India's real estate sector while protecting the interests of homebuyers. Under the law, residential and commercial projects exceeding 500 square metres of land area or comprising more than eight apartments must be registered with the Real Estate Regulatory Authority (RERA) of the respective state before they can be marketed...
UP RERA says carpet area is what counts, not super built-up area; here's why it matters
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Wednesday cautioned homebuyers against relying on super built-up area figures while purchasing flats, saying carpet area which makes the actual usable space inside a residential unit, should be the basis for any buying decision. UP RERA said the Real Estate (Regulation and Development) Act, 2016, mandates carpet area as the “standard basis” for disclosure and sale of apartments. Developers are required to list the number, type...
How to verify if a housing project is RERA-registered — Why it's important
Planning to buy your dream home or looking to invest in a residential project? Before signing any papers or transferring your hard-earned money, there's one crucial check you shouldn't skip: checking if it is registered with RERA. Builders must register their projects under the Real Estate (Regulation and Development) Act (RERA) unless the project is built on less than 500 square metres of land or has fewer than eight apartments.
Plenty of homes, no shortage: Why UP RERA is cautioning property buyers
Uttar Pradesh's real estate regulator said more than 1.15 lakh residential and commercial units are currently available for sale across the state, pushing back against claims of a supply shortage and cautioning buyers against making rushed investment decisions. In a statement issued this week, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) said the current inventory levels suggest that homebuyers and investors have ample options available across different property categories...
OC, CC, RERA and sale deed: Property documents every homebuyer should know
Purchasing a property is one of the biggest financial decisions most people will ever make, and it comes with a long list of documents that require careful scrutiny. Missing a key detail or signing without fully understanding the paperwork could lead to delayed possession, financial losses or even legal disputes later. Among the many documents involved in a property transaction, four stand out as particularly important: the Occupancy Certificate (OC), Completion Certificate (CC), RERA...
From the Octagon to the Oval office: White, Trump and a 25-year friendship
THE 28TH INSTALLMENT of the Ultimate Fighting Championship was a trial run. Though 36 states had banned the UFC, the New Jersey State Athletic Control Board allowed the then-owner, Semaphore Entertainment Group, to host its first sanctioned event on Nov. 17, 2000, at the Taj Mahal in Atlantic City, a hotel and casino owned by real estate mogul Donald Trump. Fighter Randy Couture returned to the UFC for the first time since 1997 and recaptured his heavyweight championship against Kevin...
Amazon Employees Show Up to City Council Meeting to Demand Limits on Data Centers
Two Amazon employees on Wednesday publicly called for regulations on new data centers, telling elected officials in Seattle that unchecked development of the sharply disputed nerve centers of AI threatens the region’s environment, economy, and safety. “Local governments, in collaboration with community stakeholders, should be setting the terms for data center buildout,” Amazon senior software engineer Liesl Wigand said at a city hearing. “Let’s not let big tech burn Seattle to win the AI race.”
Trump family ‘made $500 million from crypto coin deal’ — before the bottom fell out on individual investors
Trump family ‘made $500 million from crypto coin deal’ — before the bottom fell out on individual investors AI Financial Corp. , formerly Alt5 Sigma, says it may go under following transactions with Trump-tied World Liberty Financial - Bookmark - CommentsGo to comments President Donald Trump and members of his family reaped about $500 million from the sale of $1.5 billion in cryptocurrency to a company that's since seen its stock price plummet — and left investors holding the bag, according...
SWAMIH Fund explained: How it works, eligibility, and what's next
When a residential project runs out of funds midway through construction, homebuyers are often left paying EMIs and rent simultaneously while waiting for possession. To address such stalled housing projects, the Centre launched the Special Window for Affordable and Mid-Income Housing (SWAMIH) Fund in 2019. The government-backed last-mile financing fund provides capital to stressed but viable residential developments, enabling construction to resume and homes to be delivered.