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August 17, 2021
RERA Order of Extension, Realtors at Relief in Maharashtra

MahaRERA’s order of extension has provided relief to many of the developers, while there are still some that are not at ease. The recent order extending the deadline for projects with completion dates on or after 15 by six months has come as a surprise to realtors and industry watchers in the region. The major disruption was due to the blockage created in the supply of the key raw materials, such as steel and cement, which has affected the construction industry.

According to Anil Pharande, President, Credai Pune Metro, this order has brought great relief to the construction sector, which has been going through a tough phase. The second wave of the covid in Maharashtra was more serious than the first, and the construction sector went through a difficult period during the lockdown due to the rules laid down by the state government.

According to top realtors large players have been able to provide additional facilities and retain a segment of the migrant workers, but smaller developers are still struggling. Also, the supply chain of construction materials remains badly impacted.

Investment at its Best in Sector 33 Sohna Gurgaon, Check Why?

Gurgaon, the satellite city of Delhi is situated in the southwest. To the south of Gurgaon falls Sohna Road. It is the fastest growing and developing stretches in the NCR region. In its vicinity are two major highways namely Gurgaon Expressway (NH-8) and the upcoming Kundli-Manesar-Palwal (KMP) Expressway. This strategic location Sohna Road has come out as an important locality in the real estate market from an investment point of view. Since it boasts both affordable residentia

RERA Order of Extension, Realtors at Relief in Maharashtra

MahaRERA’s order of extension has provided relief to many of the developers, while there are still some that are not at ease. The recent order extending the deadline for projects with completion dates on or after 15 by six months has come as a surprise to realtors and industry watchers in the region. The major disruption was due to the blockage created in the supply of the key raw materials, such as steel and cement, which has affected the construction industry. According to Anil Pharande,

UP-RERA goes Digital for Various Processes

In the year 2016 guidelines were issued to go digital for various processes of Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) in order to minimize the regulatory compliance burden. The action plan of going digital was issued for 10 Forms under the Uttar Pradesh Real Estate (Regulation & Development) Rules 2016. Amongst these, 7 were already online while the remaining 3 were made online on July 16. Form A for application for registration of real estate project. Form C for obtaini