A report by global property consultancy Cushman & Wakefield and real estate data analytics and workflow solutions firm Propstack, has pegged the total of number of under-construction residential units registered under MahaRERA, at 6,70,339 … 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
MahaRERA chairperson Gautam Chatterjee, recently revealed that the state regulator had received 30 complaints so far, on which the hearing process had started. “These complaints mainly pertain to delays in project completion,” Chatterjee said, … 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
The Maharashtra Real Estate Regulatory Authority (MahaRERA), on June 5, 2017, imposed a fine of Rs 1,20,000 on Sai Estate Consultants, for advertising an unregistered real estate project of Haware Builders and thereby, misleading … READ FULL STORY
