인도의 부동산 프로젝트 재정 지원 변경, Changes needed to support real estate project financing in India
[REAL ESTATE NEWS] Good morning, everyone. I’m Byeongyeon Yoo staff of Kamaindia Pvt. Ltd.
Here I have an important Real estate news to share with you which is as undermentioned.
The Real Estate (Regulation and Develop-ment) Act, 2016, which came inthe force last year, aims to bring transparency and accountability in the real estate sector. The establishment of a Real Estate Regulatory Authority (RERA), coupled with stringent compliance requirements imposed on developers, has had a positive impact on the sector and helped in improving stakeholder confidence. However, some of the act’s provisions have posed serious challenges to financing of real estate projects.