Category: Project

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.

November 25, 2023

MUMBAI: Raymond Ltd. was ordered by the Maharashtra Real Estate Regulatory Authority (MahaRERA) to withhold only 2% of the entire consideration of an apartment without charging interest. This is because the developer lost the entire sum of approximately Rs 6 lakh that a couple had paid after their reservation was canceled. It referenced a recent […]

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.more

Mumbai: Developers are now required to provide rehabilitation tenants with more space.

November 4, 2023

MUMBAI: The urban development department of the state has suggested that all BMC and Mhada rehab homes have a floor area of 405 square feet. Section 15 of the notification reads, “The fungible compensatory area admissible on rehab component will be given without charging a premium and such reusable compensatory area for rehabilitation section shall […]

Mumbai: Developers are now required to provide rehabilitation tenants with more space.more

2,000+ property tax defaulters under the scrutiny of the Chandigarh civic government

November 3, 2023

CHANDIGARH: The municipal corporation (MC) is prepared to begin attachment procedures against the top 2,000 owners of commercial and residential real estate who have not paid their property taxes, following many demand notices. The majority of defaulters have not deposited their dues within the allotted time frame. In accordance with Municipal Act Section 138, the […]

2,000+ property tax defaulters under the scrutiny of the Chandigarh civic government more

Bombay HC: Tenants living in abandoned buildings are required to occupy 405 sq ft rehab units.

October 26, 2023

MUMBAI: In a major decision on Monday, the Bombay High Court upheld the right of residents in cessed buildings to receive 405 square feet of carpet for their rehab apartment. 59 people who live in Mohamed Tajbhai chawl in Worli disputed the decision of Oricon Properties Pvt Ltd, the developer, to give them a 351 […]

Bombay HC: Tenants living in abandoned buildings are required to occupy 405 sq ft rehab units.more

Notices are sent to 2.4 lakh property tax defaulters by the Nashik civic authority.

NASHIK: With a combined debt of over Rs470 crore, the Nashik Municipal Corporation’s (NMC) property tax department has given letters to 2.4 lakh defaulters. The NMC has instructed the defaulters to pay their taxes within 15 days; if they don’t, the civic organization will begin the warrant-issuing process. For the current fiscal year (2023–24), the […]

Notices are sent to 2.4 lakh property tax defaulters by the Nashik civic authority.more

If builders don’t update the QPR within a month, MahaRERA will cancel 291 projects.

October 10, 2023

MUMBAI: MahaRera will revoke the registration of up to 291 real estate projects that have been put on hold if the builders do not submit the projects’ quarterly progress reports by November 10. Of these projects, 46 are in Nashik, 63 are in Pune, and 104 are in MMR. Around 363 projects whose Forms 1, […]

If builders don’t update the QPR within a month, MahaRERA will cancel 291 projects.more

The Growth Story of Andheri: An Unmissable Real Estate Investment.

September 11, 2023

Andheri West, a bustling suburb in Mumbai, has emerged as a hotspot for real estate investment in recent years. With its strategic location, excellent connectivity, and the plethora of amenities, Andheri West presents a compelling growth story for both homebuyers and investors. Andheri’s prime location within Mumbai is one of its most significant assets. Situated […]

The Growth Story of Andheri: An Unmissable Real Estate Investment.more

Builders are urged by Delhi RERA to register their projects or face sanctions.

September 4, 2023

NEW DELHI: The Delhi Real Estate Regulatory Authority (D-RERA) has advised all developers against breaking the law and requested that they register any residential or commercial projects with the organization right away. According to a directive released on September 4, failure to follow the directives might result in fines of up to 10% of the […]

Builders are urged by Delhi RERA to register their projects or face sanctions.more

Gurugram: The DTCP closes eight residences in DLF-1 due to unauthorized commercial activity.

August 18, 2023

GURUGRAM: Eight residential units in DLF 1 regions were shut on Thursday by the Department of Town and country planning (DTCP) enforcement division for conducting business without the required authorizations. DTCP has previously shut down more than 50 homes in exclusive residential communities due to violations of building standards. Manish Yadav, the district town planner […]

Gurugram: The DTCP closes eight residences in DLF-1 due to unauthorized commercial activity.more

MahaRERA hires an intelligence service to obtain current project information.

August 11, 2023

MUMBAI: To assist its compliance cell in gathering first-hand information regarding real estate projects that are lapsed, financially precarious, or those that have not been submitting quarterly reports or complying with regulatory compliances, MahaRera has appointed a real estate intelligence agency. MahaRera will be given a separate method by the agency to verify the “real-time […]

MahaRERA hires an intelligence service to obtain current project information.more

Category: Project

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