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Bahrain FinTech Bay to drive kingdom s real estate ecosystem

Bahrain FinTech Bay to drive kingdom s real estate ecosystem MANAMA, 4 hours, 8 minutes ago Bahrain FinTech Bay said it has signed a partnership deal with the Real Estate Regulatory Authority (Rera) to bolster Proptech within the kingdom and make it a pioneer in the Middle East and North Africa region.    The leading FinTech hub in the Middle East, Bahrain FinTech Bay is located conveniently in the Arcapita Building. It provides a physical hub to incubate insightful, scalable and impactful FinTech initiatives through innovation labs, acceleration programmes, curated activities, educational opportunities and collaborative platforms.    It partners with governmental bodies, financial institutions, corporates, consultancy firms, universities, associations, media agencies, venture capital and FinTech startups to bring the full spectrum of financial market participants and stakeholders together.

RERA Safeguarding Buyers Real estate sector

Share This - x Real estate sector has been one of the largest contributor towards the country s economic growth, yet, until a few years back it was highly risky and unregulated. The Government of India has brought about several reforms to regulate the realty sector. One major reform and the most celebrated was the enactment of The Real Estate (Regulation and Development) Act, 2016 (the RERA ) with the intent to protect the interest of buyers and boost investor confidence. RERA regulates residential apartments, commercial building and plots developed for sale, right from the registration of real estate project to handing over of the possession to the buyer within the agreed time frame.

Dubai: Learning from experience – Leading by example

Dubai: Learning from experience – Leading by example Lal Bhatia/Viewpoint/Dubai Filed on April 10, 2021 A general view of the downtown. Dubai’s economy is dependent on business, tourism, finance, and real estate, which means that losing its reputation as an investment destination is not ideal for the country. Reuters file Dubai led the way in making apt decisions to reopen the economy through situation-specific solutions which continue to be the way forward and funds investor confidence in the UAE It is not the strongest or the most intelligent who will survive but those who can best manage change – Charles Darwin.

Pre-launch Cheating Rife In Hyderabad Realty

Pre-launch Cheating Rife In Hyderabad Realty Published by GulteDesk April 06, 2021 Buying an own house is a dream project for any individual. Having space for one’s ownself is something anybody would yearn for. Realtors in Hyderabad are trying to cash in on the same aspiration by announcing pre-launch offers. There is buzz that realtors in Hyderabad are selling nearly 4 crore sft in a Rs 30,000-crore scam through pre-launch schemes. The transactions under the pre-launch business do not appear to be unlawful but they put the investors’ money at risk. The pre-launch offers of any real estate venture depend on either the MoUs or UDS which give no legal guarantee to the buyer’s financial investment.

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