The initial euphoria generated after the notification of the Real Estate (Regulation & Development) Act (RERA), on May 1, 2016, is now waning, with increasing doubts over its effectiveness in protecting the consumers’ interests. … READ FULL STORY
With Maharashtra setting up a regulator in accordance with the Real Estate (Regulation and Development) Act (RERA), it joins a small community of states that have notified their respective realty regulators to be set … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on April 22, 2017, said that the redevelopment of Bombay Development Directorate (BDD) chawls in Mumbai, will raise the standard of living of over 12,000 families, currently staying in … READ FULL STORY
With Maharashtra finalising the rules under the real estate act, its Housing Regulatory Authority will start operating from May 1, 2017, said a government official. The Authority has been set up under the Real … READ FULL STORY
Irked over non-submission of money, the Supreme Court on April 17, 2017, decided to sell Rs 34,000 crores worth properties of the Sahara Group at the Aamby Valley and sought Subrata Roy’s presence next … READ FULL STORY
The state revenue department of Maharashtra recently hiked the ready reckoner rates, by an average rate of 5.86% across the state. In Mumbai, the ready reckoner rates have been increased by 3.95%, as opposed … READ FULL STORY
Sanjeev Kapoor Chef and television anchor We shifted to our new house on an auspicious day. This department is taken care of, by my mother and my wife Alyona, as I am not superstitious. … READ FULL STORY
Refusing to approve the Maharashtra government’s policy to regularise illegal structures in the state, a bench of justices Abhay Oka and Anuja Prabhudesai of the Bombay High Court said, “If an illegal structure is … READ FULL STORY
Pointing out that his government has already appointed a master planner to design the International Financial Services Centre (IFSC) in Mumbai, Maharashtra chief minister Devendra Fadnavis, on March 21, 2017, said that the project … READ FULL STORY
The Public Accounts Committee (PAC) of the Maharashtra assembly has pointed out that Lavasa City Corporation’s various tax liabilities in Pune district, included Rs 3.97 crores of land tax. The company had purchased 214 … READ FULL STORY
Envisaging an investment of Rs 1 lakh crore in the next five years in the infrastructure sector, the Maharashtra government, on March 18, 2017, proposed to set up a special purpose vehicle (SPV) to … READ FULL STORY
The Maharashtra government and Abu Dhabi Investment Authority, will set up a joint task force to explore and facilitate investment in key infrastructure projects in the state. The suggestion came from chief minister Devendra … READ FULL STORY
Pune is hailed as an educational hub, which attracts students not only from different parts of Maharashtra, but also from all over the country and abroad. The city is home to several prestigious institutes, … READ FULL STORY
