Hey guys, we are back with the latest real estate news (16th May 2022 to 23rd May 2022) curated from the finest sources in the nation.
Gurugram: The residents of Chintels Paradiso, the building which made headlines after the vertical collapse that claimed the life of two, have stated that the developer should avoid the IMFS or interest-free maintenance security that amounts to 15 Cr till the building audit completes. The structural audit will be done by IIT Delhi.
Mumbai: Maharashtra RERA has issued an ultimatum to a builder who has not yet handed over the possession to the client though being instructed to back in 2017. The authority has stated that the builder has to pay Rs 10,000 per day if there is any more delay.
New Delhi: To cushion the impact of the Ukraine war on the raw material industries, Union Government introduces duty cuts on the Plastic, Iron, Steel, and Coal prices. Finance Minister Nirmala Sitharaman has also stated that the government is looking to check the price of Cement as well.
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Well, we are aware that real estate has never exactly been one of those binge-worthy blog categories. It has neither been the kind of topic you could not get enough of, nor is it half as juicy as celebrity gossip.
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Everything in India is a state of constant flux; maybe that's why we Indians became one of the most adaptable and cosmopolitan people in the world!
If the nation's elements are shifting its focus, how can real estate be any different? Indian Real Estate Sector is perhaps one of the most dynamic ones in the entire world. Since the Real Estate in India is yet to be organized entirely, the variations in one segment affect another in ways difficult to comprehend.
The complexity and nuances can be understood only by reading about what is going on in the sector. Like we mentioned above, it affects every one of us. Hence it is essential to keep up to date.
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We also try to solve every home-related query through our Indian real estate blogs. And that's not all. We provide you insights on technologies that make the modern taste and rate of development possible, detailed analysis on real estate projects, insights on loans and taxes, advice on the home buying process, and articles on health and fitness. We provide you information about the trending topics in the Indian real estate industry.
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On every one of our real estate blogs, we research vigorously, write creatively, carefully compile, and thoughtfully curate the best real estate blogs, especially for you, from India's best content writers and contributors.