India Real Estate Latest Trends | Overview | Growth | Investments

August 11, 2021
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 obtaining certificate for registration by the real estate agent and registration of real estate project. Form E for extending the registration of real estate projects. Form K for renewal of registration certificate of real estate agent along with the accounts auditing procedure for the promoters are some processes that will now be carried out online.

UP-RERA also started RERA samvaad via video conferencing during the pandemic to resolve the problems of homebuyers and promoters under which 1,882 grievances were lodged on the portal. To further reduce the homebuyer’s problems E-courts were set up during the COVID scenario at Lucknow and Gautam Buddha Nagar. Complaints registered through E-courts were 12,918 out of which 12,150 have been resolved successfully.

Unlocking Potential: Gurugram’s Transit Corridors and Real Estate Boom

With the evolving nature of Gurugram's real estate, transit corridors have emerged as the catalysts of development and financial promise. Among these conduits of growth, the Dwarka Expressway emerges as a beacon, offering not only strategic access to Delhi but also serving as a gateway to major employment centres and essential amenities. Let's delve into the intricacies of this burgeoning hotspot and understand the impact of transit-or

The Real Success Story of Indian Real Estate

The real estate sector is one of the most globally recognised industries, with the Indian market leading as one of the world’s most attractive investment hubs. While the pandemic resulted in an economic slowdown world over, the Indian real estate sector remained relatively resilient. Further, as per research by the India Brand Equity Foundation, the Indian real estate industry is on a steady growth trajectory, projected

Inside India’s Housing Boom: Trends and Future Directions

India's residential real estate market has been on an intriguing journey, navigating through various economic and social shifts. From the impact of the COVID-19 pandemic to the emergence of new buyer preferences, the landscape of housing in India is witnessing notable transformations. In this blog, we delve into the recent trends, growth drivers, and future prospects shaping the residential real estate sector in the country.   Evolv