The Anti-Corruption Bureau (ACB) has submitted a detailed report in a Pune court, in connection with the case of alleged irregularities in the purchase of MIDC land near the city, involving former Maharashtra revenue … READ FULL STORY
The opposition Congress, on April 26, 2018, slammed the Mumbai Development Plan (DP) 2034, saying it was aimed at selling off the city to builders, ahead of the 2019 elections. The NCP charged that … READ FULL STORY
The Maharashtra government, on April 25, 2018, approved the Mumbai Development Plan 2034. While the real estate sector welcomed the plan, others have expressed concern over its impact on infrastructure. The research wing of … READ FULL STORY
The government’s approval, on the long-pending Mumbai Development Plan (DP) 2034, is a welcome move. The DP is likely to spur real estate activity in the city and also pave the way for the … READ FULL STORY
The Supreme Court, on April 19, 2018, allowed the Sahara Group to choose any parcel of its property in the Aamby Valley City project in Maharashtra and sell them by May 15, 2018 and … READ FULL STORY
A Supreme Court bench of justices J Chelameswar and Sanjay Kishan Kaul, on April 2, 2018, issued notices to the CBI and the Maharashtra government and sought their replies in four weeks, on a … READ FULL STORY
In a statement issued on April 2, 2018, Congress leader Radhakrishna Vikhe Patil, citing the Bakshi Committee report on denotification of land, asked the Maharashtra government to remove industries minister Subhash Desai. Patil said … READ FULL STORY
Ready Reckoner (RR) rates indicate the value of land or residential and commercial properties of an area, determined by the state government and are published annually. RR rates vary as per the area under … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on March 28, 2018, said that an inquiry found that there was no ‘conflict of interest’ in industries minister Subhash Desai’s decision on de-notification of industrial lands. Former additional … READ FULL STORY
Seeking to allay fears that the Maharashtra government planned to allow developments at the Mahim Nature Park (MNP) in Mumbai, minister of state for housing Ravindra Waikar said, “The government will keep intact the … READ FULL STORY
Ready Reckoner (RR) rates indicate the value of land or residential and commercial properties of an area, determined by the state government and are published annually. RR rates vary as per the area under … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016 (RERA), which came into force on May 1, 2017, was a historic moment for the real estate industry, which was previously characterised by the lack of … READ FULL STORY
The centre has given its nod for the construction of over 1.86 lakh more affordable houses for the urban poor under its urban housing scheme, taking the total number of houses to over 39.25 … READ FULL STORY
