Category: Mumbai

MahaRERA Scam: Two untraceable architects who created building plan layouts.

March 10, 2023

KALYAN: The two architects who prepared and certified the plan layouts of the majority of the buildings constructed illegally are wanted by the Enforcement Directorate (ED), which is looking into the MahaRERA scam involving 65 developers in Kalyan-Dombivli. However, the ED discovered that both architects provided false information about their firms and are therefore untraceable. […]

MahaRERA Scam: Two untraceable architects who created building plan layouts.more

In Q3 FY23, housing sales increased 11% in volume across seven cities, according to ICRA.

March 9, 2023

NEW DELHI: According to rating agency ICRA, housing sales increased 11% in volume across seven cities in the third quarter of this fiscal year due to stronger demand. “The reported sales in Q3 FY2023 in the top seven cities in India were 149 million square feet (msf), the highest quarterly sales recorded in over ten […]

In Q3 FY23, housing sales increased 11% in volume across seven cities, according to ICRA.more

The Rs 900-crore NCD issue by Indiabulls Housing begins on Friday.

March 2, 2023

Mumbai: Thursday, Indiabulls Housing Finance announced a Rs 900-crore debt sale via a public issue of secured, redeemable, non-convertible debentures. The issue is only Rs 100 crore in size, with a greenshoe option for an additional Rs 800 crore. The company said in a statement that the public offering will begin on Friday and end […]

The Rs 900-crore NCD issue by Indiabulls Housing begins on Friday.more

High Court sets aside attachment of Piramal Realty’s properties worth Rs.410 crore.

February 27, 2023

The Delhi High Court has set aside a provisional attachment of Piramal Realty’s properties worth Rs.410 crore by the Enforcement Directorate. The high court ruled in an order issued a week ago that the ED’s provisional attachment of properties “cannot continue” because the realty company “was not arrayed as an accused and was merely a […]

High Court sets aside attachment of Piramal Realty’s properties worth Rs.410 crore.more

The builder may have to pay twice for a bounced cheque: The Mumbai High Court

February 20, 2023

MUMBAI: Even if a consumer commission offers flat-buyers relief by ordering a builder to reimburse money with interest after he fails to hand over possession, the builder can still be ordered to repay double the amount in a separate cheque-bouncing action before a criminal court. A magistrate’s court recently ordered three directors of a building […]

The builder may have to pay twice for a bounced cheque: The Mumbai High Courtmore

SBI increases MCLR-based lending rates by 10 bps to 7.95–8.70%

February 16, 2023

MUMBAI: State Bank of India, the largest lender in the country, on Wednesday slightly raised the short-term lending rates spanning overnight to three-year maturities by 10 basis points (bps), effective immediately. Despite the fact that banks have nearly fully passed through the 250 basis point interest rate increases made by the Reserve Bank since last […]

SBI increases MCLR-based lending rates by 10 bps to 7.95–8.70%more

Under the PMLA, special authorities are required for estate agents with a turnover of Rs. MahaRERA

February 15, 2023

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) ordered real estate agents having a yearly revenue of more than Rs 20 lakh to share information regarding the appointments of a main officer and a designated director on Monday. The Prevention of Money Laundering Act of 2002 (PMLA) and the Prevention of Money Laundering (Maintenance of […]

Under the PMLA, special authorities are required for estate agents with a turnover of Rs. MahaRERAmore

A subsidiary of Oberoi Realty spends Rs 230 crore for a Mumbai penthouse.

February 13, 2023

One of the largest single apartment deals in India was made by real estate developer Oberoi Realty, which paid Rs 230.55 crore for a luxurious penthouse in the ultra-premium Three Sixty West project on Dr. Annie Besant Road in Mumbai’s opulent Worli neighborhood. The project was developed by the company itself through a joint venture […]

A subsidiary of Oberoi Realty spends Rs 230 crore for a Mumbai penthouse.more

CM of Maharashtra announces 300 km of metro in two years

February 7, 2023

THANE: According to chief Eknath Shinde, about 300 km of metro network lines will be operationalized over the next 1.5 to 2 years, and the state will soon begin construction on line 3. Shinde was speaking to a crowd of attendees at a cultural event in Thane that was organized over the weekend by party […]

CM of Maharashtra announces 300 km of metro in two yearsmore

Meadows by JANGID GROUP at Marol, Andheri (E)

January 27, 2023

Meadows by JANGID GROUP at Marol, Andheri (E) 1BHK Homes at Rs 79Lakhs* 👉 10mins from Marol Metro Station 👉 A 23 storey Residential tower offering 1 BHK IKEA-furnished homes 👉 A Modern Lifestyle 👉 20+ Amenities Few Days Left! 🔥 Grab your #TooGood Spot Discount offers Today. Assured GOLD COIN (10 Grams) on Registration* […]

Meadows by JANGID GROUP at Marol, Andheri (E)more

Category: Mumbai

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