Dharavi Redevelopment Project Pvt Ltd (DRPPL), a government-established entity with Adani Realty as the lead developer and supported by the Dharavi Redevelopment Project (DRP) and the Slum Rehabilitation Authority, has requested 1,255 acres from various government agencies to develop rental housing for residents not eligible for free accommodation. “Dharavi currently
The City and Industrial Development Corporation (CIDCO) has approved Town Planning Schemes (TPS) 1 to 12 for the Navi Mumbai Airport Influence Notified Area (NAINA) project and has issued tenders worth Rs 6,414 crore for these schemes. In March 2024, CIDCO floated tenders worth Rs 3,114 crore for TPS 2-7.
Property registrations in the Mumbai real estate market increased by over 19%, reaching 12,160 in July 2024 compared to 10,221 in the same month last year, according to data from the Inspector General of Registration and Controller of Stamps of Maharashtra. In June 2024, there were 11,673 property registrations in
According to a press release from MahaRERA, the new rule mandates that builders must adhere to thmahrera e specified timeline for providing promised amenities, and they will not be allowed to alter this commitment. The statement highlights that builders often entice homebuyers with various facilities and amenities during the inquiry
The Bombay High Court has directed seven members of a housing society to pay a total of Rs 5 lakhs if they do not vacate their flats within two weeks. These members’ refusal to leave their flats in the Taruvel CHSL building in Chakala, Andheri (East), has the potential to
To tackle the heavy traffic congestion on Ghodbunder Road in Thane, the Mumbai Metropolitan Region Development Authority (MMRDA) has issued a tender for a significant road expansion project. This initiative aims to alleviate the chronic gridlock in the area. Earlier this month, during a meeting chaired by Chief Minister Eknath
The Santacruz-Chembur Link Road (SCLR) extension project’s BKC-LBS Marg flyover arm has enormous potholes. Two days after this paper published photos of these potholes, the Mumbai Metropolitan Region Development Authority (MMRDA) fined contractor J Kumar Infraprojects Rs 50 lakh in addition to an additional Rs 10 lakh for each day
The Mumbai Metropolitan Region (MMR) has saw an expansion of two additional metro train lines. The second phase of the two metro lines, 5 and 9, which will run in the eastern and western regions of the MMR, will be enhanced thanks to the efforts of the Mumbai Metropolitan Region
Soon, Maharashtra homeowners looking to acquire a new property will have access to a useful tool. With the help of artificial intelligence (AI), the Maharashtra Real Estate Regulatory Authority (MahaRERA) plans to introduce a new system that evaluates real estate projects according to important criteria. This system would provide quicker
The fifth competency examination, which will be held by the Maharashtra Real Estate Regulatory Authority (MahaRERA) on July 29 at 24 locations throughout Maharashtra, is expected to draw 5,260 real estate agents. MahaRERA reports that 9,295 real estate agents have passed the test out of the four batches that have
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