In a letter to MahaRERA chief Gautam Chatterjee, consumer body Mumbai Grahak Panchayat (MGP) has said that real estate web portal companies operating in Maharashtra, have to be treated as ‘real estate agents’ under … READ FULL STORY
Maharashtra’s real estate regulator MahaRERA chief Gautam Chatterjee, while welcoming the central government’s decision to empower home buyers by giving them the status of financial creditors under the bankruptcy law, however, added that the … READ FULL STORY
The Bombay High Court, recently, upheld the constitutional validity of the Real Estate (Regulation and Development) Act (RERA) and made it applicable to unfinished projects as well, in a ruling that may have implications … READ FULL STORY
Aggrieved home buyers in Maharashtra, may be able to look forward to an early and amicable resolution of their disputes with their developers, with Maharashtra becoming the first state in India to initiate the … READ FULL STORY
With the implementation of the Real Estate (Regulation and Development) Act (RERA), the residential real estate industry is witnessing significant changes. The Act strictly prohibits builders from advertising their under-construction projects, while allowing the … READ FULL STORY
The total carpet area of projects registered under MahaRERA, as per recent data available, was 84.62 million sq ft, of which, the total sold area was 43.5 million sq ft – or 51 per … READ FULL STORY
Hundreds of residential projects, promised to be handed over to home buyers this year, have suddenly witnessed a leap in delivery timelines in the wake of the Real Estate (Regulation and Development) Act (RERA), … READ FULL STORY
Maharashtra chief minister Devendra Fadnavis, on June 12, 2017, reiterated that there will be no extension for registration of ongoing projects, beyond July 31, 2017, under the Real Estate Regulatory Authority. “As far as … READ FULL STORY
