Real Estate News Update for March 08
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Industry
Looking to push for faster resolution and completion of stressed housing projects, the government has asked banks to compile and share a list of stalled legacy projects under the SWAMIH fund.
Regulatory
NEW DELHI: National Consumer Disputes Redressal Commission (NCDRC) has directed NBCC (India) to refund entire amount deposited by the residents of NBCC Green View Apartment situated at Sector 37D, Gurugram.
RERA
The bar and Rera bench compliment each other and proper coordination and understanding between them is a sine qua non for efficient grievance redress and justice delivery system. Therefore, we met on Wednesday,” Rera chief Kumar said.
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RERA
Uttar Pradesh RERA certification must for all real estate agents
It is mandatory to obtain certificate after training for new agents seeking RERA registration. This condition is applicable for already registered RERA agents and they have been given one year time to acquire training and obtain certificate else their RERA registration will be cancelled.
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Exclusive
NEW DELHI: Signature Global (India) is planning to launch 8-10 million sq ft residential projects in the next six months in Gurugram's sector 71, sector 84, sector 37-D and along Sohna road, said Pradeep Aggarwal, chairman and whole-time director of the company.
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