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Bahrain s iGA transaction volumes surges to over $263m in Q1

Bahrain s Information & eGovernment Authority (iGA) said transactions generated through various eService channels exceeded BD100 million ($263.2 million) during the first quarter, surging by 173 per cent compared to the same period last year.

Five Years of RERA have been transformational for the Realty Industry

Five Years of RERA have been transformational for the Realty Industry
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HC Kishore Chandra is new chairman of Karnataka RERA

HC Kishore Chandra is new chairman of Karnataka RERA SECTIONS Share Synopsis Chandra s senior retired DGP Neelmani Raju was appointed as a member of the K-Rera. Recently, the state government transferred KRERA Secretary K S Lathakumari and appointed K Nagendraprasad IAS (Presently PS to Health & Medical Education Minister Sri. Sudhakar) ias Secretary, KRERA. Karnataka govt notified Karnataka Real Estate (Regulation and Development) Rules-2017 in the state gazette in July last year. The Real Estate Regulatory Authority (RERA) of Karnataka has appointed HC Kishore Chandra, a retired DGP rank officer, as the chairman. The authority that was notified on July 10, 2017 has seen four interim and one permanent chiefs since inception.

Four years on, RERA registers 63,583 projects, disposes of 65,539 complaints

Four years on, RERA registers 63,583 projects, disposes of 65,539 complaints Four years after the implementation of RERA, as many as 65,539 cases have been disposed of by the respective state authorities as of 24 April 2021, according to data by the Ministry of Housing and Urban Affairs. Out of this, nearly 40% cases (approx. 26,510 complaints) were resolved in Uttar Pradesh alone, followed by Haryana with 13,269 cases and Maharashtra with 9,265 cases. The three states cumulatively accounted for nearly 75% of the total disposed cases under RERA in the country. Project and real estate agent registrations under RERA have also been growing steadily. As of 24 April 2021, nearly 63,583 projects and 50,256 real estate agents have been registered under RERA across the country. Back in the corresponding period in 2019, about 40,155 projects and 29,208 real estate agents were registered. This amounts to an increase of 58% and 72% respectively over the last two years.

Looking to buy a home in 2021? 5 things to keep in mind

Highlights Five things to be mindful before buying house. Check your builder, cibil score and more. New Delhi: Owning our dream home has been a dream that we all of us had at some point in time in our lives. At the very outset, the purchase of a house or apartment needs the financial planning. And there are a lot of things that go into consideration while we are at gathering the required money to purchase a home.  Here are five things to be mindful of before buying a house in 2021. Home Loan eligibility The loan that the Banks are going to sanction to you depends on how much your take home pay is. Your in-hand salary is a big parameter for banks to decide the quantum of loan. For example if your take home pay is Rs 30,000, it is unlikely that you will get a loan worth Rs 50 lakh. Do check with the bank first, on how much is your loan eligibility.

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