Category: Mumbai

MAHA RERA

MahaRERA Takes Action Against 628 Projects for Registration and QR Code Non-Compliance

July 8, 2024

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has proactively targeted 628 housing projects across the state for failing to comply with regulations requiring the display of registration numbers and QR codes in advertising materials. Of these 628 projects, 312 are from the Mumbai region, including Mumbai, Mumbai suburban, Thane, Nashik, and Konkan. About 250 […]

MahaRERA Takes Action Against 628 Projects for Registration and QR Code Non-Compliancemore

Canadian Wood raised awareness on Certified wood at Index Plus 2024 in Mumbai.

June 5, 2024

Mumbai, June 4th, 2024– The British Columbia (B.C.) provincial government’s crown corporation, Forestry Innovation Consulting India Pvt Ltd (FII India), popularly known as Canadian Wood, participated in the prestigious exhibition, Index Plus 2024.  This is a prominent international trade fair that serves as India’s largest dedicated platform for interiors, architecture, and design. It facilitates the convergence of suppliers and buyers […]

Canadian Wood raised awareness on Certified wood at Index Plus 2024 in Mumbai.more

Annual Progress Report FY : 2023-2024

June 3, 2024

Dear Esteemed Friends & Stakeholders, At Paradigm Realty, we are committed to ushering a paradigm shift in the lives of our customers & associates, we are delighted to share some significant milestones we have recently achieved. With revenues surpassing over 550 Crores for the FY 2023 – 2024, with over 35% YOY Growth, we have […]

Annual Progress Report FY : 2023-2024more
Tax

Key date of residence for tax benefits: ITAT

May 25, 2024

MUMBAI: The Mumbai bench of the Income-tax Appellate Tribunal (ITAT) has concluded recently that, in the instance of an under-construction property, the date of possession is what counts toward qualifying for a tax advantage under section 54 of the Income-tax (I-T) Act. This decision is significant because it establishes a deadline for making an investment […]

Key date of residence for tax benefits: ITATmore
MAHA RERA

20,000 real estate agents’ registrations are suspended by MahaRERA.

May 24, 2024

MUMBAI: Only 13,000 real estate brokers remain in the state of Maharashtra after the real estate authority in the state announced on Thursday that it has suspended the registration of 20,000 brokers. The regulator, which started registering middlemen for real estate transactions in 2017, has 47,000 agents registered in total.13,785 agents had their registrations canceled […]

20,000 real estate agents’ registrations are suspended by MahaRERA.more

Housing in Mumbai continues to thrive with strong April 2024 property registrations.

May 20, 2024

Mumbai’s real estate sector is witnessing an impressive performance with property registrations for April 2024 expected to cross 11,500 units from 10,514 a year earlier. Notably, the current figures represent a 9% increase in registrations compared to the same period last year, reflecting a continuous positive outlook. This robust activity is projected to contribute over […]

Housing in Mumbai continues to thrive with strong April 2024 property registrations.more

Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli.

Dateline: Mumbai: Godrej & Boyce, the owner-developer, and Godrej Properties, the development manager, announced that the two companies will continue their Memorandums of Understanding executed from time to time, for development of land in Vikhroli owned by Godrej & Boyce, as and when Godrej & Boyce is desirous of developing the said land. Godrej Construction, […]

Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli.more
MAHA RERA

MahaRERA suggests that builders self-declare the quality of their projects.

May 14, 2024

MUMBAI: Real estate developers are expected to submit an annual self-declaration of the quality assurance of their projects to the Maharashtra Real Estate Regulatory Authority (MahaRERA). This self-declaration will be based on a number of factors, including structural design, stability, testing, input material quality, workmanship quality, and other important considerations. The action is intended to […]

MahaRERA suggests that builders self-declare the quality of their projects.more

Grand Success of Realty Quarter 7th Anniversary of Real Estate & Construction Industry Leadership Awards 2024

May 9, 2024

Mumbai, India – Realty Quarter, a leading Real Estate and Construction Industry Media Platform, successfully celebrated its 7th anniversary of Real Estate & Construction Industry Leadership Awards 2024. The event was held on 4th May 2024 at The Club, Courtyard II, Andheri (West), Mumbai. The event was organized and marketed by Realty Quarter in association […]

Grand Success of Realty Quarter 7th Anniversary of Real Estate & Construction Industry Leadership Awards 2024more
ed

Director of Supreme Construction’s FD worth Rs 113 crore is attached by ED.

April 21, 2024

MUMBAI: A villa in Aamby Valley, several residential and commercial buildings in Mumbai, land parcels in Raigarh District, and fixed deposits totaling Rs. 113.5 crore connected to builder Lalit Tekchandani and his associates in a money laundering case are among the properties that the Enforcement Directorate (ED) has provisionally attached. In a previous instance, the […]

Director of Supreme Construction’s FD worth Rs 113 crore is attached by ED.more