Workers paint the exteriors of a newly constructed residential building on the outskirts of Kolkata, India. Reuters
Indian real estate attracted nearly $14 billion of foreign private equity (PE) between 2015 and the third quarter (Q3) of 2019, according to latest Anarock data.
The Real Estate Regulatory Authority’s (RERA) implementation of new guidance was a significant regulatory step to address the trust deficit in consumers’ minds and instil confidence in wary end-users in realty market.
Indian realty sector is much more regulated now with multiple regulations that have come into play. The key legislations governing the funding include Transfer of Property Act, 1882, Indian Contract Act, 1872, Real Estate
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