Redpro Developers

6 rules in RERA that will stop builders from delaying delivery of your dream home - The Economic Times For many homebuyers, delay in possession has been interminable. In the absence of a regulator, the builder-buyer battle appeared one-sided till now.

Real Estate tips: Housing price - More than what meets the eye
Source: The Financial Express

There are many costs that add on to reach the final price of a property. Buyers must be aware, factor all of them in and not rush into a purchase decision. Most important, do not ignore the hidden interest cost that is very real Buying a house is not the same as buying a car. When a car advertisement says “Rs 5 lakh ex-showroom”, the only additional costs to be factored are extra frills of one’s choice, road tax and insurance. But if an advertisement for a house proclaims Rs 2 crore onwards, it is not as simple as the price with the registration and stamp duty charges and a fraction for miscellaneous expenses.

Budget 2013 can improve real estate sentiment.
Source: The Times of India

Indian real estate, a vital sector of the Indian economy that contributes significantly to the Indian GDP, has started to show some signs of recovery and optimism in the sector is slowly returning. Some of the issues faced by this sector include uncertain global headwinds, high inflation rates, subdued retail demand, high interest rates coupled with credit crunch, challenges associated with land acquisitions, stamp duty costs, non-standardized bye-laws and limited institutional exit options.