Category: Other Cities

MahaRERA

MahaRERA declares SROs to be registered by the realty developers and project promoters.

October 15, 2019

The Maharashtra Real Estate Regulatory Authority has proposed registering realty developers and project promoters Self-Regulatory Organization (SROs) along with the authority. According to the regulator, this will help improve the integrity of property builders, strengthen their practices, uphold the code of conduct and prevent dishonest promoters. The regulator specified in a circular, SRO registration shall be […]

MahaRERA declares SROs to be registered by the realty developers and project promoters.more
RBI

RBI reviews the ongoing slowdown and the economic situation happening in various sectors.

October 12, 2019

On Friday, the Central Board of the Reserve Bank of India (RBI) reviewed the current economic situation, international and domestic problems and various fields of activity. The analysis is taking place in the midst of a more marked economic slowdown and recent PMC loan manipulations flagging a new threat to banking governance and NPA frauds. […]

RBI reviews the ongoing slowdown and the economic situation happening in various sectors.more
agreement

Three must-have Legal Documents while buying a property.

October 8, 2019

In order to avoid any risk while buying a property, an individual must know about the legal documents which are as mentioned: 1) Commencement Certificate (CC) 2) Completion Certificate (CC) and 3) Occupancy Certificate (OC). You must have come across these terms but let’s see about all this documents role and importance. i) Commencement Certificate […]

Three must-have Legal Documents while buying a property.more
Top lighting ideas for your Home Interior

Top lighting ideas of 2019 to make your House look perfect.

September 27, 2019

By Abhay Shah, Realty Quarter Lightings can enhance the complete look of a house. It speaks the lifestyle of a person living in that house. It can change the mood of a person. Nowadays, according to their mood people set up the lighting effect. For a designer, it is crucial to find customer taste and […]

Top lighting ideas of 2019 to make your House look perfect.more
Insolvency

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).

By Abhay Shah, Realty Quarter The National Company Law Tribunal has launched a case against renowned Mumbai developer Lokhandwala Infrastructure Private Limited for insolvency settlement and has asked operational creditors, financial creditors, home buyers and employees to give proof in their claims by October 3. Proclamation issued by Ajit Kumar, the NCLT-appointed Insolvency Resolution Professional, said […]

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).more
Housing Societies

Housing Societies funds got blocked due to the PMC bank crisis.

September 26, 2019

By Abhay Shah, Realty Quarter A number of housing societies whose funds are held in the PMC bank are confronted with a payment crisis along with the individual small depositors. Several household companies with funds held at the PMC Bank are facing a payment crisis, as well as individual small depositors. Management committees are distressed […]

Housing Societies funds got blocked due to the PMC bank crisis.more
PMAY-Urban-Yojna

Government seeks to build a dedicated unit for monitoring Pradhan Mantri Awas Yojana.

By Abhay Shah, Realty Quarter According to the sources, the Ministry for Housing and Urban Affairs plans to set up a specific unit to monitor the execution of the Pradhan Mantri Awas Yojana (Urban) under the Housing for All flagships by 2022. The Program Management Department (PMU) will provide targeted support for PMAY (U), according […]

Government seeks to build a dedicated unit for monitoring Pradhan Mantri Awas Yojana.more
search

Noida Authority releases a website to issue OC and CC online.

September 25, 2019

By Abhay Shah, Realty Quarter The Noida Authority is ready to issue an occupancy certificate and completion certificate online. On 25 September the applications webpage will be inaugurated and certificates will be issued for residential and industrial areas. Access to the software is possible via the website of the Noida Authority and from the Nivesh […]

Noida Authority releases a website to issue OC and CC online.more
GNIDA logo

Court pulls up GNIDA for the illegal constructions in the Shahberi area, rejects bail plea of 19 developers.

By Abhay Shah, Realty Quarter On September 24, a court here that was hearing cases related to the illegal construction of high-rise buildings in the Shahberi village at Greater Noida rejected anticipatory bail pleas by 19 developers. Additional sessions Judge Indrapreet Singh Josh also directed the Greater Noida Industrial Development Authority (GNIDA), district administration and police to […]

Court pulls up GNIDA for the illegal constructions in the Shahberi area, rejects bail plea of 19 developers.more
Model Tenancy Act

The state government will declare the land title insurance as compulsory for all MahaRERA registered builders.

September 24, 2019

By Abhay Shah, Realty Quarter The State Housing Department is set to make land title insurance compulsory for MahaRERA registered developers, for whom insurers are already discussing the premium with the regulatory authority. Land Title Insurance is a form of indemnity cover that provides builders and customers with insurance against financial losses resulting from defects in property […]

The state government will declare the land title insurance as compulsory for all MahaRERA registered builders.more