Free Press Journal
  • RERA makes buyer the king! Or is it just a myth?

    Real Estate Regulation and Development Act (RERA) of 2016 was implemented from May 1, 2017, onwards. According to the Act, each state and union territory will have a Regulatory Authority (RA) which will form the rules and regulations according to the act.
    But the truth is far from what the government is projecting it to be. The Housing Ministry in its press release said, for the first time 76,000 companies engaged in building and construction

  • mumbai, DP, DP 2034, DCR, Development Control Regulations, BMC, BMC permission

    RERA in action: No selling without registration, and other rules buyers must know

    The real estate sector, which was earlier a free sector where developers easily flouted rules will, now be under the radar of the Regulatory Authority. After years of waiting, finally there is a ray of hope for helpless home-buyers in the country in the form of RERA (Real Estate Regulation and Development Act), which became effective May 1, 2017.