Category: Property Updates

MahaRERA Orders Honest Shelters to Transfer Flats to IIFL

January 20, 2025

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA), in a detailed order issued on January 16, instructed Honest Shelters to hand over possession of six flats in the “Palais Royale” project located in Worli to India Infoline Finance Limited (IIFL). Additionally, the regulatory body directed the promoter to pay interest to IIFL for the delayed […]

MahaRERA Orders Honest Shelters to Transfer Flats to IIFLmore

Bengaluru: Builders Allegedly Sell Six Flats to Multiple Buyers Using Forged Documents

BENGALURU: In a shocking case of alleged fraud, a south Bengaluru-based auditor and five others have accused three brothers running a real estate firm of selling six flats in an apartment complex to multiple buyers using forged documents. An FIR has been lodged by the Banashankari police following a complaint from 53-year-old S. Vidyasagar, an […]

Bengaluru: Builders Allegedly Sell Six Flats to Multiple Buyers Using Forged Documentsmore
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Regularisation Plea Can Be Entertained Only for Irregular, Not Illegal, Structures: HC

January 14, 2025

PANAJI: The Bombay High Court at Goa rejected the plea of Abdul Linganmata, who sought the regularisation of his structure in Assolda. The panchayat, the director of panchayats, and the district court had all previously determined that Linganmata’s structure was newly constructed and illegal. Linganmata challenged the district court’s decision before the high court. In […]

Regularisation Plea Can Be Entertained Only for Irregular, Not Illegal, Structures: HCmore

Maharashtra RERA Freezes Bank Accounts of Over 1,950 Stalled Real Estate Projects

January 13, 2025

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has intensified its crackdown on real estate developers responsible for stalled or lapsed projects by freezing the bank accounts of over 1,950 such ventures. This decisive action is aimed at enforcing accountability among developers while protecting the interests of homebuyers who have been impacted by delayed or incomplete […]

Maharashtra RERA Freezes Bank Accounts of Over 1,950 Stalled Real Estate Projectsmore
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UP RERA’s Remarkable Recovery: ₹674 Crore Recovered Under Sanjay Bhoosreddy’s Leadership

January 6, 2025

LUCKNOW: Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has achieved a significant milestone by recovering ₹674 crore from promoters and developers over the past 17 months. This impressive feat coincides with the tenure of Sanjay Bhoosreddy, a 1989 batch IAS officer, who assumed the office of chairman during this period. Before Bhoosreddy’s leadership, the […]

UP RERA’s Remarkable Recovery: ₹674 Crore Recovered Under Sanjay Bhoosreddy’s Leadershipmore

Bombay High Court Halts Allocation of 80 Transit Flats by MHADA

December 31, 2024

MUMBAI: In a significant relief to over 35 former mill workers of the Bombay Dyeing Mill, the Bombay High Court has stayed the allocation of 80 transit tenements within an MHADA project arising from the redevelopment of the mill land at Prabhadevi and Wadala. The court’s decision follows a petition filed by a group of […]

Bombay High Court Halts Allocation of 80 Transit Flats by MHADAmore
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Codename S3 BIG B by Sanghvi Group: Redefining Luxury in Mira Road

December 15, 2024

Welcome to Codename S3 BIG B by Sanghvi Group: Redefining Luxury in Mira Road Where Nature Meets Opulence, and Connectivity Meets Comfort! Discover Codename S3 BIG B – A sensational new launch offering 1/2/3 BHK Grand Homes and Jodi Units amidst the serene beauty of Mira Road, Dahisar. Designed for those who aspire to live […]

Codename S3 BIG B by Sanghvi Group: Redefining Luxury in Mira Roadmore

NCLAT Designates NBCC as PMC to Complete 16 Supertech Projects

December 13, 2024

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) in New Delhi has designated NBCC (India) as the Project Management Consultant (PMC) for the completion of 16 Supertech projects. These projects encompass approximately 49,748 housing units spread across Uttar Pradesh, Uttarakhand, Haryana, and Karnataka. The estimated construction cost for completing these projects stands at approximately […]

NCLAT Designates NBCC as PMC to Complete 16 Supertech Projectsmore

Redefining Space: The Comeback of Spacious Living in Mumbai’s Western Suburbs

December 10, 2024

Mr. Nikunj Sanghavi, Managing Director of Veena Developers   Mumbai, traditionally synonymous with compact living, is undergoing a transformative shift in its real estate landscape. The western suburbs—spanning localities like Goregaon, Malad, Kandivali, and Borivali—are emerging as the epicenter of a new trend focused on spacious, luxurious living. This shift is being driven by evolving […]

Redefining Space: The Comeback of Spacious Living in Mumbai’s Western Suburbsmore
MAHA RERA

Requests to Deregister 19 More Projects Are Received by Maharashtra RERA

November 26, 2024

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has received fresh applications for the deregistration of 19 additional projects across the state. Among these are prominent projects such as Lokhandwala’s development at Worli Naka and a Lodha project in Dombivli. This development adds to the growing number of deregistration requests, with MahaRERA having received applications […]

Requests to Deregister 19 More Projects Are Received by Maharashtra RERAmore