August 16, 2023: Around 31 developers have submited applications to the MahaRERA to de-register their projects. The entire list has been shared on the MahaRERA website. Anybody with objections related to de-registration have to … READ FULL STORY
Pune, known as the Oxford of the East and the cultural capital of Maharashtra, is home to a thriving Information Technology (IT) industry. The city has the presence of many IT companies, each contributing … READ FULL STORY
In Q2 2023, Mumbai led the way in terms of new real estate offerings, accounting for the largest share of 29 percent among all the new launches. The majority of these new developments were … READ FULL STORY
A stamp duty and registration office is being set up at the Maharashtra Housing Area Development Authority (MHADA) office to make the post lottery process user-friendly. While this facility won’t be available for the … READ FULL STORY
The Maharashtra government and the Mumbai Metropolitan Region Development Authority (MMRDA) are planning the implementation of a 37.9 km metro corridor- the Mumbai Metro Line 14. Chief minister Eknath Shinde discussed the project status … READ FULL STORY
Pune has emerged as a powerhouse of industrial growth and innovation. It is often referred to as the Oxford of the East for its esteemed educational institutions. Pune, a major city in Maharashtra, boasts … READ FULL STORY
July 27, 2023: In an order issued on July 25, 2023 by MahaRERA, failure to comply with the QR code functionality will be considered as violations of directions issued by Rera. A penalty which … READ FULL STORY
July 19, 2023: Over 563 developers in Maharashtra have been issued warning notices of cancellation of their project registration by the Maharashtra Real Estate Regulatory Authority (MahaRERA). This step has been taken over the … READ FULL STORY
July 17, 2023: The Maharashtra revenue department (IGR Maharashtra) on July 14, 2023, issued a government resolution (GR) stating that property owners involved in self-redevelopment projects in Maharashtra will now only have to pay … READ FULL STORY
The government has increased the income criteria of those who fall under the Economically Weaker Section (EWS) under the Pradhan Mantri Awas Yojana–Urban (PMAY-U) from Rs 3 lakh per annum to Rs 6 lakh … READ FULL STORY
July 14, 2023: The Maharashtra Real Estate Regulatory Authority (MahaRERA) collected around Rs 8.73 crore from five developers of Mumbai, suburban Mumbai and Pune against recovery warrants that were issued against them. MahaRERA had … READ FULL STORY
The residential property market in India experienced an average year-on-year price appreciation of 6% during the April-June period of this year, as per data released by PropTiger.com, the country’s leading online real estate brokerage company. The … READ FULL STORY
Sales of residential units and new supply witnessed an 8 percent and 11 percent year-on-year (YoY) growth in the April-June quarter of 2023 across eight major cities in the country, respectively, underscoring the resilience … READ FULL STORY
