What Makes This Mumbai Home 2°C Cooler Than Its Surroundings?
Often referred to as the “City of Dreams,” Mumbai is notorious for its lack of open space and crowded, narrow streets. The majority of Mumbai residents embrace these difficulties as a natural part of city life, but one individual chose to change his perspective by building an extravagant 25,000-square-foot penthouse in Powai, which is located […]
Developers Are Not Allowed to Deposit Home Buyers’ Funds Into Separate Bank Accounts Per MahaRERA
According to the Maharashtra Real Estate Regulatory Authority (MahaRERA), developers in the state will be required to maintain separate designated bank accounts for the purposes of receiving payments from home buyers, so they will not be able to take money from buyers and deposit it in different bank accounts as of July 1, 2024. Currently, […]
Developers in Maharashtra will not be permitted to deposit buyers’ money into separate accounts as of July 1
As on July 1, developers in Maharashtra will have to keep specific bank accounts open for payments from buyers, citing a directive from the Maharashtra Real Estate Regulatory Authority (MahaRERA). The goals of this policy are to safeguard the investments of homeowners and improve financial discipline and openness. Developers used to be able to request […]
Greater Mumbai has seen the strongest real estate growth, according to Mahantesh Sabarad
You would discover that the wider MMR region, the Mumbai metropolitan area, and Thane in particular, have been among the largest or strongest rising real estate markets over the previous two years. The real estate markets in Bangalore and Delhi used to expand quickly in the past, but in the last two years, Thane has […]
Real Estate Sector Secures Rs 9.63 Lakh Crore in Debt Sanctions from 2018-2023
The real estate sector received debt sanctions totaling ₹9.63 lakh crore between 2018 and 2023, with a potential for ₹14 lakh crore in debt financing over the next three years, according to a report by JLL India and Propstack. Their joint report, “Decoding Debt Financing: Opportunities in Indian Real Estate,” highlights that the Indian real […]