Central government is planning to construct a green expressway between Mumbai and Bangalore that will reduce the travel time between the two cities considerably, mentioned Nitin Gadkari, Union Road Transport and Highways Minister. See … READ FULL STORY
Prestige Group registered sales of Rs 35,110 mn (up by 66% yoy) and collections of Rs 26,029 mn (up by 68% yoy) during Q2 FY23. These sales are attributed to 4.55 mn sft volume … READ FULL STORY
Maharashtra, by 2028 may be India’s first state to have a ring routed expressway highway network with all sides having seamless road connectivity, mentions a ToI report. The Maharashtra state government has invited consultants … READ FULL STORY
Owing to the 50BPS rise in REPO rates leading to rise in median loan rates, Indian realty markets have seen a decline in affordability, points the Affordability Index study for Q3 2022 by Knight … READ FULL STORY
IGR Maharashtra is all set for a transformation by adopting the blockchain technology. With the blockchain technology of storing records, district collectorates will can have faster documentation process and also save costs. IGR Maharashtra … READ FULL STORY
Maharashtra Housing and Area Development Authority (MHADA) lottery winners who have faced many problems until they get actual possession of the house will no longer face them, thanks to the state government’s newly approved … READ FULL STORY
27 developers have cheated home buyers from 27 villages and the Kalyan-Dombivli Municipal Corporation (KDMC). A case of cheating has been registered against 27 property developers in Maharashtra’s Thane district. These developers fabricated documents … READ FULL STORY
With the festive season in full swing, India’s real estate developers are hopeful about the sector receiving a boost towards recovery, and their wishes are already coming true. New supply registered a YoY growth … READ FULL STORY
MahaRERA, has passed an order stating that a developer can de-register a residential project if he is unable to develop it as the RERA Act has no provision to force completion of a project … READ FULL STORY
In a bid to solve, problem of police houses, the Maharashtra state government is designing a program. Under this plan for quick, medium and long-term housing, 25 percent of the houses offered under government … READ FULL STORY
Mumbai saw property sale registrations of 8,149 units in August 2022, contributing over Rs 620 crore to the state revenues according to a Knight Frank India report. Property sales registration recorded a 20% rise … READ FULL STORY
JP Morgan has leased around 1.16 million sq ft office space with 1,130 car parks at Nirlon Knowledge Park, Goregaon, Mumbai. The leased out property is entire block B-9 (ground plus 23 floors), entire … READ FULL STORY
Offering a major relief to both home buyers and developers, the Airport Authority of India (AAI) lifted the blanket restriction of 55.10 metres on realty projects within 20km radius from the new Navi Mumbai … READ FULL STORY
