by on June 19, 2018
During his recent monthly web-based interaction with the secretaries to various ministers and chief secretaries of states, the Prime Minister Narendra Modi directed all municipal bodies to go digital to grant permission for the construction of buildings. This directive should be implemented by March 2019. It is expected that online permissions will facilitate speedy approvals and construction of residential as well as commercial properties. This will further enhance the ease of doing business...
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by on June 7, 2018
Real estate is one of the largest sectors in India and there are millions of real estate brokers operating in the various segments, right from residential to commercial. However, only a very less percentage of brokers are able to make it large in their careers. Therefore, in this blog, we are going to talk about the four potential ways which can help you in growing your business to a great extent and achieve the scale and heights of success you deserve. 1. Grow your network Like-minded...
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by on June 4, 2018
There is no secret about the fact that the builders have been unhappy with the rules that RERA expects them to follow. They have continued to lobby for amendments in certain provisions of RERA. Their hopes were pinned on one-year completion of RERA when the government may provide some relief. Unfortunately, the government has ruled out any changes in the existing provisions of RERA. During the first central advisory council meeting of RERA, the Union Housing and Urban Affairs Minister Hardeep S...
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by on June 1, 2018
The government had introduced RERA to address the grievances of home buyers and give them a protective shield against the frauds committed by real estate developers. The Act made it mandatory for the builders to disclose the details of the project, promoters, status of the land and clearances to the home buyers on the RERA website. If there is any disparity, the builders are subject to a penalty up to 5% of the estimated cost of the project. Surprisingly and unfortunately, home buyers for who...
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by on May 30, 2018
Home buyers often deal with the dilemma whether their brokers are reliable and transparent in their dealings. As a broker, if you can establish your credibility in the market, you can gain more clientele. Hence, it is imperative to have a clear understanding of what a home buyer expects from you. Here is a list of expectations that home buyers have from their real estate brokers: License to Sell Earlier, property brokers were not required to hold any kind of license. However, under RERA,...
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by on May 27, 2018
When the Parliament passed Real Estate Regulation and Development Act (RERA) in 2016 with a directive to all 29 states and 7 Union Territories to set up a regulatory authority by May 2017, it had brought a welcome cheer among the home buyers. They hoped for a hassle-free and low-risk home buying experience. While the aim of RERA was to protect interests of real estate customers, enhance their trust and promote transparent transactions, it appears that nothing much has been achieved. As RERA c...
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by on May 24, 2018
It is every real estate broker’s dream to sell more properties in the shortest span of time. However, the question is whether you are putting the right efforts to do so. Check out these useful selling tips to remain on the top of your game. Understand Customer Needs Sell what customers want, not what you want to sell – follow this real estate mantra faithfully and you would never look back. It is important to create value for your customers. Offer them numerous options to help them make an ...
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by on May 4, 2018
BarokersADDA.com signed an exclusive mandate with Hyderabad based Maruthi corporation Ltd to market their upcoming affordable housing project Shantinivas , shadnagar, south Hyderabad encompassing 1100 units . Dr K Ram Reddy MD Maruthi Corporation Limited and Mr Naresh Kumar founder BrokersAdda signed the pact in Hyderabad recently. The price of the apartments will be ranging from 20-30lacs measuring 625-995 Sq Ft. The project has all the required approvals and also has tie ups with major ban...
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by on April 26, 2018
Dubai-based real estate developer DAMAC Properties has tied-up with BrokersADDA that is going to market world-class real estate projects of Dubai across India. DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002, delivering luxury residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon and the United Kingdom. DAMAC Properties has cemented its place as the leading luxury developer i...
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by on February 22, 2018
The proposed law to crack down on Ponzi schemes will bar real estate developers that offer fixed returns till possession as the government believes that they are “unregulated deposits”. The clampdown on builers and other deposit-seeking entities is part of the Banning of Unregulated Deposit Schemes Bill, which was cleared by the Cabinet on Wednesday and is expected to be introduced in Parliament very soon. The bill requires all deposit-seekers, including entities that are already regulated, to r...
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by on February 12, 2018
Our millennial are the future of our country. They drive the growth of our country. Not just electronics, FMCG, automotive and retail sector but real estate sector too is influenced by the choice and preferences of our millennial. Our millennial are aka young working population that forms almost 46% of the total workforce of India. In terms of numbers, approximately 400 million people of our country are professionals and fall into the category of 20 to 30 years of age- group. This category of s...
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by on February 5, 2018
It has been observed that any market grabs the attention of the rest of the world only when it is booming and when its investors have been seen making substantial profits out of it. That is the time when others are getting curious and looking to get into the market anyhow and grab some profit. But is that the right time to invest? Is that the right strategy to plan your investments? It is definitely not the right time and the way to invest. The amount of return on investment highly depends on...
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