The Maharashtra Real Estate Regulatory Authority (MahaRERA) on Monday suspended the registration of 248 real estate projects for not complying with submission of quarterly progress reports (QPRs). The projects were among 700 registered with the regulator in February 2023. MahaRERA also sent notices under Section 7 of Real Estate (Regulation
Navi Mumbai has been chosen to construct Maharashtra’s Unity Mall, a unique marketplace envisioned by the Central Government to showcase indigenously made products and artefacts to ensure better marketability for them. The City and Industrial Development Corporation (CIDCO) will execute the project and has demarcated a 5,200 sq m plot
The Maharashtra government has decided to set up Maharashtra Forest Industrial Development Corporation (MFIDC), under the state forest ministry, to promote and develop manufacturing industries based on forest products from the state. Planned on the lines of Maharashtra Industrial Development Corporation (MIDC), the government has constituted an advisory committee to
The Mumbai Metropolitan Region Development Authority (MMRDA) has set up a squad comprising 23 officers to monitor construction activities, including road projects under its jurisdiction as well as Metro sites, and ensure that they follow the pollution mitigation norms issued by the BMC last month. The MMRDA squad will see
The Maharashtra Real Estate Regulatory Authority (MahaRERA) approved the registration of 823 new projects during the festive season in October and November. The projects that secured approval and registration with MahaRERA encompass 382 solely from the Mumbai Metropolitan Region (MMR). The remaining projects are distributed across Pune (257), Nagpur (77),
After much back and forth for close to two decades, the plan to construct a vehicular bridge connecting Lokhandwala and Yari Road in Andheri is on track again. Earlier this week, the BMCfloated a Rs 42 crore tender for construction of a vehicular bridge at Yari Road junction and Lokhandwala
In a significant development, the Mumbai Metropolitan Region Development Authority (MMRDA) has sanctioned ?600 crore for the development of infrastructure in the Vasai-Virar suburbs of Maharashtra. This move aims to provide a much-needed boost to the region’s transportation and connectivity, thereby improving the overall quality of life for residents. The
The Mumbai Metropolitan Region Development Authority (MMRDA) has recently canceled the bids related to the Metro Line 6 project. This decision comes as a setback to the city’s transportation infrastructure plans. The Metro Line 6 project, also known as the Lokhandwala-Jogeshwari-Vikhroli-Kanjurmarg (LJVK) corridor, aims to provide better connectivity to the
In a significant move, the Maharashtra Housing and Area Development Authority (MHADA) in Mumbai has decided to cancel the exorbitant fee of Rs 10 lakh for revalidating the No Objection Certificate (NOC). This decision aims to alleviate financial burden on developers and boost the real estate market in the city.The
The City and Industrial Development Corporation (CIDCO) is coming up with a dedicated housing scheme at plush Palm Beach Marg in Navi Mumbai for the sitting members of Parliament and Legislative Assembly elected after January 1, 2020, besides IAS, IPS, IRS officers and judges among others. Confirming the development, an
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