The Congress’ Mumbai chief Sanjay Nirupam, in a statement issued on March 16, 2018, alleged that the rules of the Development Control Regulations were being altered, to help a lobby of builders close to … READ FULL STORY
Farmers in Ahmednagar district of Maharashtra, on March 17, 2018, claimed that fugitive jeweller Nirav Modi, the prime accused in the alleged Rs 11,400-crore Punjab National Bank fraud, had acquired their lands at less … 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 Maharashtra government, on March 15, 2018, presented a bill to provide a legal framework, for speedy implementation of infrastructure projects involving laying of underground pipelines and ducts. So far, the state has no … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on March 14, 2018, said that his government was positive to the demand of waiving property tax for houses with a carpet area of 750 sq ft. “The Brihanmumbai … READ FULL STORY
The Maharashtra government has accepted the opposition’s demand for a CID probe, into the alleged irregularities by the former CEO of the Slum Rehabilitation Authority (SRA,) Vishwas Patil, the assembly was informed on March … READ FULL STORY
Maharashtra’s finance minister Sudhir Mungantiwar, on March 9, 2018, presented the budget for 2018-19, which has an estimated revenue deficit of Rs 15,374 crores and focuses on improving infrastructure. While he made a provision … READ FULL STORY
Some city residents and activists have approached the Bombay High Court, alleging that the Maharashtra government has illegally modified the draft Development Plan 2034 for Mumbai, to show what was previously a green zone, … READ FULL STORY
The Maharashtra government, on March 7, 2018, stayed for a month the recovery of arrears from the tenants of MHADA (Maharashtra Housing and Area Development Authority) colonies in the city. The state’s housing minister … READ FULL STORY
The Telangana government has constituted a panel that will study the administrative set up and procedural aspects being followed by Maharashtra and Karnataka, vis-à-vis the Real Estate (Regulation and Development) Act (RERA). Principal secretary, … READ FULL STORY
To compete with neighbouring states such as Gujarat and Karnataka in attracting investments, the Maharashtra government, on February 14, 2018, relaxed its norms for Integrated Industrial Areas (IIAs). The state cabinet passed a resolution, … READ FULL STORY
Mahindra Lifespace Developers Ltd (MLDL), on February 15, 2018, announced the launch of ‘Happinest – Palghar’ – the first affordable housing project to be undertaken by a joint platform between the company and HDFC … 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
