Uncategorized Archives - Page 226 of 230

‘Buyers can seek refund from 1st builder if redevpt contract ended’

Setting aside an order of the MahaRERA, the Maharashtra RERA Appellate Tribunal on Friday ruled that in a redevelopment project once the developer is terminated by the society, the only remedy available for the flat purchaser is to seek refund from the erstwhile developer. https://timesofindia.indiatimes.com/city/mumbai/buyers-can-seek-refund-from-1st-builder-if-redevpt-contract-ended/articleshow/91386644.cms Source: Times of India

Reliance installs world’s largest elevator in Mumbai

‘We wanted to offer a world-class experience to those who landed in India’ An elevator that can carry 200 people at the same time? Reliance Industries has installed the world’s largest passenger elevator at the Jio World Centre (JWC) in the heart of Mumbai city at 25.78 square meter of

BJP alleges political intervention in transfer of Bandra land to builder

Bharatiya Janata Party (BJP) leader Ashish Shelar on Thursday accused the Maharashtra Vikas Aghadi government of illegally transferring a land parcel at Bandra Bandstand to a leading real estate developer in Mumbai, leading to loss of ₹1,003 crore to the state exchequer Bharatiya Janata Party (BJP) leader Ashish Shelar on Thursday

Now, Thane, Kalyan-Dombvli Areas To Have Dedicated Cycle Track

On the other hand, from May 7, two roads in Kalyan and Dombivli cities will be dedicated for walking and cycling for three hours, that is between 5 am and 8 am. This is in the lines with Mumbai Police’s “Mumbai Streets” initiative.

Mumbai: After 3 decades, Sunil Gavaskar returns unused plot to MHADA

State Housing Minister Jitendra Awhad had last year expressed displeasure over Gavaskar not utilising the plot in suburban Bandra, where a cricket academy was proposed, even after 30 years of the allotment. Former India captain Sunil Gavaskar has returned a government plot allotted to him in Mumbai 33 years ago

RBI Policy | Repo rate hike along with cost-push inflation in construction likely to slow down housing market’s growth: Experts

For home buyers, this hike signals an imminent end to the all-time low interest regime, which has been one of the major drivers behind home sales across the country since the pandemic began In a bid to contain inflation, the Reserve Bank of India on May 4 increased the benchmark

NAREDCO Maharashtra launches new unit at THANE

Honourable Minister Tourism and Environment Shri Aaditya Thackeray inaugurated the new chapter at the Real Estate Forum 2022 in Mumbai Mumbai: The Thane unit of NAREDCO Maharashtra was announced in the presence of Shri Aditya Thackeray, Hon’ble Minister of Tourism and Environment, Government of Maharashtra; Housing Minister, Government Of Maharashtra,

No NOC from MHADA for redevelopment of standalone buildings

State housing minister Jitendra Awhad issued a fresh condition for issuance of NOC, emphasising on cluster redevelopment instead. Henceforth, the Maharashtra Housing and Area Development Authority (MHADA) in Mumbai, Konkan, Nashik and Pune will not be permitted to issue NOC for carrying out redevelopment of a standalone building. State housing

Interview with Sudhir Badami: How transport in Mumbai is evolving

Mumbai is the fifth most traffic-congested city in the world. For years now, Mumbaikars have travelled on roads through barricades exclaiming, “Mumbai is upgrading.” After 8 years of waiting, the city finally witnessed the results of metro construction that revealed itself on April 2nd, with the launch of the metro

Dadar-Wadala: A hot spot for home buyers in Mumbai

Time is the most valued asset for a resident of Mumbai and to enjoy a lesser commute time to offices and schools is a luxury. Dadar-Wadala as a location is extremely ideal for this need and hence has seen an unprecedented growth in the residential real estate market. Strong physical