The case is about Rising City, the largest private real estate project in Ghatkopar, divided into 17 phases. The Maharashtra Real Estate Regulatory Authority (MahaRERA) settled a dispute between a developer and an investor by citing an order labelling the investor of a private real estate project as “promoter” (developer).
India Sotheby’s International Realty, a real estate transaction and advisory firm, has urged the Maharashtra government to rationalise state charges levied for converting leasehold properties in Mumbai into freehold. This, they believe will help in unlocking the value of housing, and commercial and industrial assets in the city and should
The tribunal orders the developer to complete the project in Mumbai’s Kandivali area within 12 months, and pay interest to home buyers for delayed possession. The Maharashtra Real Estate Appellate Tribunal (MREAT) has directed a city-based developer to complete a stalled residential housing project in Mumbai’s Kandivali area within 12
It has issued a notification about guidelines in the matter of applications submitted for registration of real estate projects and real estate agents, project extensions In a bid to make the builders discipline, the Maharashtra Real Estate Regulatory Authority(MahaRERA) has decided to penalise those who make repeated mistakes while registering
Out of the total collection so far, Rs.19.65 crore (nearly 50 per cent) has been received through digital modes of payment The early bird incentive scheme rolled out by the property tax department of the Mira Bhayandar Municipal Corporation (MBMC) continues to witness an encouraging response from taxpayers in the
This came months after the civic body scrapped a ₹291 crore tender for constructing new animal enclosures inside the zoo, owing to cost escalation and allegations from the BJP The Brihanmumbai Municipal Corporation (BMC) administration has scrapped the contentious ₹44-crore tenders that were floated for the construction of a state-of-the-art aquarium at
The move is aimed at addressing issues such as waste disposal, power, and water conservation as well as coming up with environment-friendly solutions, to ensure good and transparent governance With the aim to bring residents of cooperative housing societies together and to come up with out-of-the-box green solutions for issues such
Bombay high court has directed the Vasai Virar Municipal Corporation (VVMC) to put up permanent notice boards on structures facing demolition orders to caution the public about them. “Let the notice boards alerting the public at large be fixed within a period of four weeks from today,” said Justices Anil
Experts say it will be a single window system for self-redevelopment of housing societies With the aim of bringing in transparency in the cooperative sector, the State Housing Federation has mooted the idea of digitising the cooperative dispute mechanism, by introducing the concept of ‘ease of doing business’ through an
MHADA has appointed RAH Infotech CE info systems and Replete Business Solutions for coming up with a consolidated report on land available with MHADA across the boards in six months. The Maharashtra Housing and Area Development Authority (MHADA) is developing an advanced computerised system for all its land banks using
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.