RERA management

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MahaRERA’s Biannual Project Assessment: New Grading System

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The Maharashtra Real Estate Regulatory Authority (MahaRERA) has announced plans to implement a grading system for real estate projects starting from April 2024. This initiative aims to provide valuable information to homebuyers, assisting them in making informed decisions. RECOS software can significantly help to enhance RERA grades by providing real-time insights into project compliance and effectiveness. It is a unified …

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RERA for Protecting Homebuyers: Ensuring Fair Use of Funds

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In response to concerns raised by Gurugram RERA Chairman Arun Kumar, the Union Finance Ministry has taken steps to safeguard homebuyers’ interests. They’ve instructed public banks to prevent misuse of RERA funds, ensuring developers follow rules and are transparent in using the money. The recent orders tell banks to follow rules strictly, stopping developers from …

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Construction Project Management: Digitization

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Construction Project Management (CPM) is the backbone of the construction industry, ensuring projects are executed seamlessly. Defined as the systematic planning, coordination, and control of a project from inception to completion, CPM plays a pivotal role in meeting quality, time, and cost goals. In the digital age, traditional project management methods are giving way to …

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