India has emerged as one of the fastest-growing economies in recent times and is slated to bounce back strongly, once the COVID-19 pandemic dies down. The World Bank and the International Monetary Fund (IMF) … READ FULL STORY
Maharashtra minister Jitendra Awhad, on March 3, 2020, said that the government will create a stock of 30,000 units under an affordable housing scheme. The scheme will begin on May 1, 2020 and will … READ FULL STORY
It has been two years since the Real Estate (Regulation and Development) Act (RERA) came into force across the country and the centre’s aim to enforce it in every state, is gathering visible momentum. … READ FULL STORY
Mahindra Lifespace Developers Limited (Mahindra Lifespaces), the real estate and infrastructure development arm of the Mahindra Group, has announced the launch of a mid-segment residential project, ‘Centralis’, in Pune’s Pimpri area. The project spans … READ FULL STORY
Mumbai-based developer Sanjay Agarwal allegedly shot himself with his licenced revolver in his office cabin, in Chembur’s Sindhi Colony at around 11.25 am on January 3, 2018, said deputy commissioner of police (zone-VI) Shahaji … READ FULL STORY
In a bid to track ongoing residential projects, which have still not registered with the MahaRERA, consumer body Mumbai Grahak Panchayat (MGP), on September 26, 2018, launched a portal that will enable buyers to … READ FULL STORY
On the back of critical policy reforms like demonetisation, the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST), 2018 is seeing both, sales and new supply picking up, … READ FULL STORY
Mumbai-based developer Raheja Universal, on August 22, 2018, said that it has adopted title insurance policy for its projects, from HDFC Ergo, as per the guidelines of the Real Estate (Regulation and Development) Act … READ FULL STORY
City-based consumer body Mumbai Grakah Panchayat (MGP) has filed a complaint with the MahaRERA, seeking to penalise Navi Mumbai’s planning agency, the City and Industrial Development Corporation (CIDCO), for advertising 11 housing projects without … READ FULL STORY
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
