Maharashtra announces new real estate norms, first regulator from May 1

moneycontrol.com | April 20, 2017

Maharashtra announces new real estate norms, first regulator from May 1
India will soon be getting its first real estate regulator and developers will have to toe the line or face severe penalties. The Maharashtra government on Thursday announced the rules for its regulator, ahead of the various state regulators coming into effect.

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Spotlight

That the real estate market is in turmoil is hardly news. In fact, U.S. new-home sales fell yet again in August, hitting a six-month low, according to the Commerce Department. The median sales price moved in the same direction and is now at 7.7% below year-ago levels. With bad news hitting the real

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