Maharashtra chief minister Devendra Fadnavis, on May 11, 2017, said that the proposed Mumbai coastal road project has received its final approval from the centre. “This coastal road will ease the congestion on the … READ FULL STORY
While the overall talent demand was up by three per cent during April 2017, the real estate sector posted a seven per cent increase in talent demand and the construction sector saw a six … READ FULL STORY
The digitisation of the 7/12 receipts of 2.46 crore land title documents in Maharashtra, is expected to be over by the end of July 2017, instead of in May, as was envisaged earlier, a … READ FULL STORY
Tel Aviv Municipality and the Thane Municipal Corporation have joined hands, as part of India’s ‘Smart City’ initiative, Isareli ambassador Daniel Carmon announced, after inaugurating his country’s pavilion at the 3rd Smart Cities India … READ FULL STORY
Maharashtra accounts for nearly 25 per cent of the total investments attracted by the real estate and construction industry in India, showed a recent study by industry body ASSOCHAM (The Associated Chambers of Commerce … READ FULL STORY
A division bench of the Bombay High Court, comprising chief justice Manjula Chellur and justice Girish Kulkarni, on May 5, 2017, restrained the Thane Municipal Corporation (TMC) from granting commencement certificates for any new … READ FULL STORY
The task, to remove encroachments on nearly four acres of mangrove land in Mumbai, has been carried out over the last two months in suburban Chembur and its neighbouring areas, where people had built … READ FULL STORY
Recently the Brihanmumbai Municipal Corporation (BMC) in its budget, had proposed a surcharge of one percent on the sale and purchase of properties, to fund its infrastructure projects. In yet another move, the Maharashtra … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on May 4, 2017, said that the government was working on Geographic Information System (GIS) mapping of all the properties in the state. “We are working on GIS mapping … READ FULL STORY
A study by credit information company CIBIL, has revealed that loans meant for affordable housing (home loans of under Rs 10 lakhs ticket size), have shown a robust 23 per cent CAGR over the … READ FULL STORY
Although the Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016 and all the 92 sections of the Act come into effect from May 1, only 13 states and … READ FULL STORY
Union Minister M Venkaiah Naidu has asked the chief ministers to soon notify the rules under the Real Estate Act, which came into force on May 1, 2017. “It is a matter of concern … READ FULL STORY
Lenders who fund developers for real estate projects, have expressed concern that their role is not covered or lacks clarity under the Real Estate (Regulation and Development) Act (RERA). Consequently, bankers indicated that they … READ FULL STORY
