RERA

In a significant development for the Indian real estate sector, Housing Minister Kaushal Kishore recently emphasized the need for property agents to prioritize transparency when facilitating real estate transactions. This announcement highlights the critical role of honesty and openness in building trust with clients and ensuring smooth property dealings. Why Transparency Matters in Real...

In recent years, women in India have transitioned from traditional roles as key decision-makers in household purchases to becoming independent and assertive investors in the real estate sector. This evolution is underscored by the latest findings from the ANAROCK Consumer Sentiment Survey conducted in the second half of 2024. Women as End-Users and Investors The survey reveals a notable shift in the...

As we progress through 2025, India's real estate landscape presents both challenges and opportunities for discerning homebuyers. With property prices on an upward trajectory and inventory levels fluctuating, a strategic approach is essential to secure a favorable deal. This guide offers an in-depth analysis of current market trends and actionable strategies to help you navigate the complexities of...

India's real estate sector stands as a cornerstone of its economy, intricately linked to various macroeconomic factors. Understanding these dynamics is essential for stakeholders aiming to navigate and capitalize on market opportunities. Gross Domestic Product (GDP) Growth and Real Estate Demand Correlation Between GDP Growth and Real Estate Economic expansion directly influences real estate...

India's real estate market is profoundly influenced by a confluence of economic factors, including GDP growth, interest rates, inflation, employment trends, and government policies. Stakeholders must stay informed and adaptable to navigate this dynamic landscape effectively. We have compiled some of the common questions for our readers benefit in these FAQs Why do real estate prices in metro cities...

The National Real Estate Development Council (NAREDCO) NextGen Conclave 2025, held on February 11 at Mumbai's Jio World Centre, marked a significant milestone in India's real estate sector. This event introduced groundbreaking initiatives aimed at revolutionizing the industry and empowering the next generation of real estate professionals. Launch of the NAREDCO NextGen Digital Learning Hub A...

A RERA escrow account is a specialized bank account mandated by the Real Estate (Regulation and Development) Act, 2016 (RERA) in India. Its primary purpose is to ensure that funds collected from homebuyers are used exclusively for the construction and development of the specific real estate project for which they were intended, thereby safeguarding the interests of buyers and promoting transparency in the...

The real estate sector in India stands as a cornerstone of the nation's economy, contributing approximately 8-9% of the GDP. It holds the distinction of being the second-largest source of employment after agriculture. Encompassing over 200 ancillary industries—including cement, steel, bricks, paints, and furnishings—the real estate industry has a vast and dynamic impact. By 2030, it is projected to...

In 2024, India's real estate sector experienced significant developments across various dimensions, including regulatory changes, market dynamics, technological advancements, and investment trends. 99Realty have covered most of these topics in our regular articles and this comprehensive article brings to you the major events in the Indian Real Estate Sector in 2024 along with our future prospective for...

When purchasing a residential property, the Base Selling Price (BSP) is just the starting point. Developers add various other charges to cover amenities, infrastructure, and legal requirements, often increasing the total cost significantly. Here’s an overview of these additional charges: 1. Development Charges (DC) Development charges are levied to cover the cost of infrastructure and...