Thursday, 24 March 2016
Salams, Allah gives hope to those who dream. He gives miracles to those who believe. He never lets down those who trust him. He never leaves those who obey Him. May Allah's love walk before you, problems stay away from you, prayers stand beside you and love surround you. May Allah bless you today and always. Ameen. Have a spiritual Jummah. Please remember me, my family and the entire Ummah in your duas. Wassalam'Khair.
Friday, 18 March 2016
Highlights of REAL ESTATE REGULATORY BILL • All state to setup Real Estate Regulatory Authority. • No Booking / Marketing without registration of project with Regulator. • 70% of the booking amount to be kept in Escrow A/c for the specific project. • Changes in plan with consent of 2/3rd customers. • All calculation only on carpet area. • All existing incomplete project to be registered within 3 months from the notification of Regulator. • Penalty: 10% of project cost for non-registration, Additional 10% and 3 year prison for continued violations. 5% of project cost for incomplete / inaccurate disclosures. • Brokers / Agents also covered under the act.
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