Category: Mumbai

Environment ministry grants clearance of the coastal zone management plans to Mumbai City and Suburbs, Sindhudurg, Ratnagiri and Raigad

October 19, 2018

After a yearlong wait, the Maharashtra Coastal Zone Management Authority (MCZMA) can now heave a sigh of relief. Thanks to clearance of the coastal zone management plans for five districts – Sindhudurg, Ratnagiri, Raigad, Mumbai City and Suburbs from the environment ministry, the MCZMA will now be able to have a look at 400 pending […]

Environment ministry grants clearance of the coastal zone management plans to Mumbai City and Suburbs, Sindhudurg, Ratnagiri and Raigadmore

Following a recent judgment by the Supreme Court, MahaRERAasks builders to display sanctioned plan, layout plan and approved specifications

October 18, 2018

MUMBAI: A few days ago, the honorable Supreme Court of India made it compulsory for real estate firms to display approved building plans on project sites. The landmark judgment was passed on October 5, in the case of Ferani Hotels Pvt Ltd v/s the State Information Commissioner Greater Mumbai and others. Ever since it was […]

Following a recent judgment by the Supreme Court, MahaRERAasks builders to display sanctioned plan, layout plan and approved specificationsmore

MahaRERA warns builders to update their registered projects on their website else pay 10 percent of their project cost as penalty

October 17, 2018

Earlier this year, the Maharashtra Real Estate Regulatory Authority (MahaRERA) had fined eight builders in Mumbai for advertising their real estate projects as a non-registered project. And now, it looks like registered builders in Mumbai and Maharashtra will face massive penalties if they don’t update or make corrections to their projects on the MahaRERA website. […]

MahaRERA warns builders to update their registered projects on their website else pay 10 percent of their project cost as penaltymore

SEBI has also given the nod to ASK Investment Managers, Nihilent and Muthoot Microfin

Prior to the global recession and financial downfall, the real estate sector was at its peak. The banks were liberal enough to give credit to large scale borrowers which resulted in a steep rise in the capital inflows and domestic liquidity. But soon after 2013, the Indian real estate sector sank to the lowest and the […]

SEBI has also given the nod to ASK Investment Managers, Nihilent and Muthoot Microfinmore

Builders to offer freebies and flexible payment plans instead of slashing property prices

Bengaluru/Mumbai: Expensive property price has always been the bone of contention between potential buyers and builders. While builders are refusing to budge on the hefty price tag of their end product. They are trying to lure customers by offering gifts, easy payment options and in some rare cases minor discounts. Experts are doubting if these […]

Builders to offer freebies and flexible payment plans instead of slashing property pricesmore

Real Estate Broker in Maharashtra Killed over Post on WhatsApp Group

October 15, 2018

Aurangabad: A real estate broker was killed for allegedly posting some comments on a WhatsApp group, police said on Monday. Moin Mehmood Pathan, 35, was attacked with swords, knives and rods on Sunday night by a group of around 20 persons in Fatimanagar locality of Harsul area here, police said. Police attributed the killing to […]

Real Estate Broker in Maharashtra Killed over Post on WhatsApp Groupmore

PMRDA officials to grant homes to people under the Pradhan Mantri Awas Yojana (PMAY) only if they produce their Aadhaar card as ID proof

October 12, 2018

Pune: Those seeking to own a home under the PMAY in Pune will now have to show Aadhaar cards as an ID proof. Failing to do so will make them ineligible for the scheme. This latest development has been confirmed by PMRDA (Pune Metropolitan Region Development Authority) officials. They also stated that they are working on a […]

PMRDA officials to grant homes to people under the Pradhan Mantri Awas Yojana (PMAY) only if they produce their Aadhaar card as ID proofmore

Navi Mumbai ranks 2nd in Ease of Living out of 111 cities, surpassing Greater Mumbai & Thane

Nearly 80% of the overall residential project launches in Navi Mumbai from 2013 to H1 2018 are in the affordable (< INR 40 Lakh) and mid-segment (INR 40 Lakh – INR 80 Lakh) budget range, states a report byANAROCK Property Consultants and CREDAI. The report‘Navi Mumbai – City of Opportunities‘ was released at the Capital Connect event organized […]

Navi Mumbai ranks 2nd in Ease of Living out of 111 cities, surpassing Greater Mumbai & Thanemore

RK’s Home Solution To Take ‘Zero Brokerage’, Real Estate Agents Confused

October 10, 2018

MUMBAI: R.K’s Home Solutions has shaken up the Real Estate Broker’s by its latest advertisement of ‘Ab 2% Dalali Bandh’ (Now no 2% brokerage) only nominal service charge which is refundable after 6 years with T&C. “In order to showcase our efforts of eliminating the 2% brokerage system from Maharashtra by bringing in nominal Service […]

RK’s Home Solution To Take ‘Zero Brokerage’, Real Estate Agents Confusedmore

Real Estate developers turn to IoT, Artificial Intelligence to woo home buyers

nternet of Things (IoT) and Artificial Intelligence (AI) are no longer buzzwords even for real estate developers as they increasingly deploy these as well as home automation to lure homebuyers. Developers are warming up to the idea of incorporating home automation products to their offering, a late addition to the standard amenities list so far. […]

Real Estate developers turn to IoT, Artificial Intelligence to woo home buyersmore

Category: Mumbai

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