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Category: Residential property

High Court

According to the court, even though CHS has a panel, the builder is responsible for shoddy construction.

August 27, 2021

A session’s court decided in favour of a Bhandup CHS and affirmed a lower court judgment on a complaint against the builder for inadequate building, observing that simply because a society’s operations are handled by committee members, a builder cannot exonerate himself in case of bad construction. The magistrate had properly noted, according to the […]

According to the court, even though CHS has a panel, the builder is responsible for shoddy construction.more
PMAY-Urban-Yojna

The Government has approved the construction of 16,488 new homes under PMAY-Urban.

August 19, 2021

According to a statement, the government approved the building of 16,488 homes in urban areas under the Pradhan Mantri Awas Yojana on Monday, bringing the total number of units sanctioned to more than 1.13 crore. According to the Union Housing and Urban Affairs (HUA) Ministry, the decision was made at a meeting of the Central […]

The Government has approved the construction of 16,488 new homes under PMAY-Urban.more
MahaRERA

MahaRERA offers builders a six-month extension to complete projects.

August 10, 2021

On August 6, the Maharashtra Real Estate Regulatory Authority granted builders a six-month extension to complete projects by approving their request to invoke the ‘force majeure’ clause due to the second wave. This is the second time the authority has provided such a relief to the state’s builders during the pandemic. “All MahaRERA registered projects […]

MahaRERA offers builders a six-month extension to complete projects.more
Building Construction

Group Satellite introduces the ReservedSky Residences at Goregaon project

August 2, 2021

~Satellite Elegance maximizes your living spaces with exceptional views~ Mumbai, 29th July 2021: Group Satellite, one of Mumbai’s prominent developers introduce the gripping ReservedSky Residences at their Satellite Elegance project located in the ever-transforming and bustling suburban region of Goregaon in Mumbai. The ReservedSky residences start from the 25th floor, priced at 1.49cr onwards. The residences […]

Group Satellite introduces the ReservedSky Residences at Goregaon projectmore

Malad-Goregaon has become the most sought after Real Estate Destination

July 31, 2021

One of the fastest-growing suburbs of Mumbai, the Malad-Goregaon region is situated in the northwest part of the city. From being a sparsely populated outskirt, it has transformed into a vibrant residential, commercial and IT hub owing to the various developments, especially since the turn of the millennium. The 16th century Malad was a cluster […]

Malad-Goregaon has become the most sought after Real Estate Destinationmore
dubai property marina

Dubai’s real estate market is booming as wealthy Indians look for second homes.

July 20, 2021

Since 2017, Indians have been among the top three countries investing in real estate in the emirate. Despite the Covid-19 pandemic, rich Indians continue to invest in homes in Dubai since the emirate ranks first as a dream destination. Shajai Jacob, Chief Executive Officer (CEO), Gulf Cooperation Council (GCC), Anarock Property Consultants, a real estate […]

Dubai’s real estate market is booming as wealthy Indians look for second homes.more
Raising Funds

Builders are requested to provide a payment plan for the authorities in Noida and Greater Noida.

July 17, 2021

On July 15, officials from the Noida and Greater Noida government, private developers, and homebuyers met to address the deadlock over delayed flat registration. The conference was presided over by Sanjiv Kumar Mittal, the state’s infrastructure and industrial development commissioner. The developers representing Credai and Naredco were requested to submit a new payment plan to […]

Builders are requested to provide a payment plan for the authorities in Noida and Greater Noida.more
SRA (Slum Rehabilation Authority)

Mhada will reconstruct Patra Chawl in Mumbai, and tenants would receive rent arrears as well.

July 12, 2021

The Maharashtra Housing Area Development Authority (Mhada) is set to legally take over the reconstruction of Goregaon West’s Siddharth Nagar (Patra) chawl. The state housing department issued a government resolution (GR) ordering Mhada to finish the halted redevelopment and deliver over dwellings to the 672 tenants and 306 residents who had won allotments under the […]

Mhada will reconstruct Patra Chawl in Mumbai, and tenants would receive rent arrears as well.more


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