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Registration of 49 projects revoked for unfair trade practices

Housing regulator freezes bank accounts; urges civic authorities to upload CC, OC on dedicated portals to protect buyers In a suo moto action, the state housing regulator, the Maharashtra Real Estate Regulatory Authority (MahaRERA), has revoked the registration of 49 projects being probed in Kalyan RERA scam for allegedly submitting

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Maharashtra govt forms committee to address Navi Mumbai realty issues

According to the housing minister, the committee will take care of development-related aspects and suggest solutions to problems in real estate infrastructure development To address issues related to real estate development in Navi Mumbai, the government of Maharashtra led by housing minister Devendra Fadnavis formed a committee of experts. A

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Deposits for MHADA flats to go up

Typically, once projects are ready, MHADA calls for applications and allots flats by a lottery system The Maharashtra Housing Area Development Authority (MHADA) is likely to increase the earnest money deposit (EMD) for Middle Income Group (MIG) and Higher Income Group (HIG) flats as they want to weed out non-serious

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