Maharashtra Real Estate Regulatory Authority (MahaRERA) directed that a real estate fund-an investor in a large project at Ghatkopar-is also its promoter and its name be added to the project registration webpage within 30 days. MahaRERA said the shareholder agreement affords the investor conclusive opportunity to “stall project completion” or
Union Minister Nitin Gadkari announced the government plans to construct an electric highway between Delhi and Mumbai. He was speaking at an event organized by the Hydraulic Trailer Owners Association (HTOA). Union Minister Nitin Gadkari announced the government plans to construct an electric highway between Delhi and Mumbai. He was
The letter also includes a list of 16 important locations where the project is facing delays from the Maharashtra government due to issues related to land acquisition. National High-Speed Rail Corporation Limited (NHSRCL) has written to Maharashtra’s chief secretary, requesting him to intervene to resolve long-pending issues that are delaying
Karanjade and Ulwe nodes are the two nodes that are being demanded to be included in the corporation. While many of the villages are not happy with the services provided by the newly formed Panvel Municipal Corporation, the demand to include two more CIDCO nodes in the corporation is growing.
President, Federation of Grantees of Govt Lands, Salil Rameshchandra said, at present only 30 days are offered to make the payment Real estate stakeholders, cooperative housing societies and the Federation of Grantees of Govt Lands associations have sought more window time for payments of premium for the leasehold property conversion.
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
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