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Tag: Maharashtra

Home » Maharashtra » Page 12

Current News
By Anuradha RamamirthamDecember 14, 2023

MahaRERA issues final deadline for agents to get competency certificate

December 14, 2023: The Maharashtra Real Estate Regulatory Authority (MahaRERA) issued a notification on December 13, 2023 stating that effective January 1, 2024, only those real estate agents with a valid MahaRERA Real Estate … READ FULL STORY

Current News
By Anuradha RamamirthamDecember 12, 2023

Mumbai Coastal Road Phase-1 to open January end 2024: Maha CM

December 12, 2023: The Phase-1 of the Mumbai Coastal Road will be operational by the end of January 2024, mentioned Maharashtra chief minister, Eknath Shinde at an event. The first phase is around 10.58 … READ FULL STORY

Infrastructure
By Anuradha RamamirthamDecember 12, 2023

National Highway-53: Facts, route, realty impact

The National Highway-53 (NH-53) connects Gujarat’s Hajira to the Paradip Port in Odisha. The NH-53 is a combination of the old NH-6, NH-200 and NH-5A. The NH-53 is also known as the Surat-Kolkata Highway … READ FULL STORY

Current News
By Anuradha RamamirthamDecember 11, 2023

Maha stamp duty amnesty scheme 2023: Penalty, stamp duty waiver

December 11, 2023:  The Maharashtra government, on December 7, 2023, issued an order detailing the process in which the Mudrank Shulkh Abhay Yojana stamp duty amnesty scheme will be followed.  It will be applicable … READ FULL STORY

Current News
By Anuradha RamamirthamDecember 7, 2023

Maha cabinet reduces SRA unit transfer fee by 50%

The Maharashtra cabinet has passed a decision to reduce the transfer fee that is payable post the sale of a housing unit under the Slum Rehabilitation Authority (SRA) scheme from Rs 1 lakh to … READ FULL STORY

Research
By Renuka Kulkarni - Research DeskJanuary 28, 2024

New supply sustains upward trajectory in third quarter of 2023

In the dynamic landscape of India’s real estate sector, the third quarter of 2023 stands as a testament to resilience and growth. Across the top eight cities, a remarkable surge in both residential demand … READ FULL STORY

Current News
By Dhwani MeharchandaniDecember 5, 2023

MahaRera floats consultation paper to regulate construction quality

The Maharashtra Real Estate Regulatory Authority (MahaRera) has floated a consultation paper for the implementation of a grading system for real estate projects. This move is designed to ensure that homebuyers receive residences of … READ FULL STORY

Current News
By Anuradha RamamirthamNovember 30, 2023

Hiranandani Group launches Eleva

November 30, 2023: The Hiranandani Group has launched Eleva, a pan-India consultant service-led business model to provide development, construction, design, marketing and sales-oriented solutions to other real estate players. According to this service-fee revenue … READ FULL STORY

Research
By Renuka Kulkarni - Research DeskJanuary 28, 2024

Property sales record double-digit growth in September 2023

In the dynamic landscape of India’s real estate sector, the third quarter of 2023 stands as a testament to resilience and growth. Across the top eight cities, a remarkable surge in both residential demand … READ FULL STORY

Current News
By Anuradha RamamirthamNovember 29, 2023

MahaRERA directs Raymond to deduct 2% on flat cancellation

November 29, 2023: Citing a recent Maharashtra Real Estate Regulatory Authority (MahaRERA) circular that indicates that a developer can only deduct 2% of the entire property amount in the case of booking cancellation by … READ FULL STORY

Current News
By Anuradha RamamirthamNovember 24, 2023

Mhada frames policy to sell 11,184 vacant units across Maharashtra

November 24, 2023: The Maharashtra Housing and Area Development Authority (Mhada) has created a new policy to sell over 11, 184 unsold flats present across the various regional boards. The new policy is a … READ FULL STORY

Current News
By Anuradha RamamirthamNovember 28, 2023

MahaRERA suspends registration of 248 projects

November 22, 2023: The real estate regulatory authority of Maharashtra (MahaRERA) on November 20, 2023 suspended registration of over 248 realty projects. This also includes three projects that were to be developed by the … READ FULL STORY

Infrastructure
By Shimon OberoiNovember 2, 2023

How has Eastern Freeway impacted Mumbai’s real estate industry?

Eastern Freeway is a highway in Mumbai connecting P D’Mello Road in South Mumbai to the Eastern Express Highway in Chembur. The estimated cost to construct this highway was Rs 1,436 crore. This highway … READ FULL STORY

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