Category: Residential property

Spenta Corporation announces the launch of new tower “Amber” at their project Ornata in Chembur

October 20, 2021

Spenta Corporation is also offering a special festive gift of iPhone 13 pro (128 gb) to buyers on each booking at Amber. October 19 2021, Mumbai: Spenta Corporation Pvt. Ltd. one of the leading real estate firms of Mumbai recently announced the launch of a brand new tower – “Amber”, as a part of its […]

Spenta Corporation announces the launch of new tower “Amber” at their project Ornata in Chemburmore

Excellaa Tremont Gets Unprecedented Response in Keshav Nagar- Pune

October 19, 2021

More than 100 units booked within 2 weeks of launch Pune, 30th September 2021: Excellaa, a major player in the real estate sector in Pune has launched, ‘Excellaa Tremont’- a premium residential project that guarantees utmost luxury at a desirable price in the heart of Keshav Nagar- Mundhwa, Pune. The project witnessed an unprecedented response […]

Excellaa Tremont Gets Unprecedented Response in Keshav Nagar- Punemore

Model Tenancy Act, 2021- The Law to be Enforced Needs Some Minor Revisions.

September 18, 2021

– Written by Alok Gupta Alok Gupta is the President of the prestigious The Estate Agents Association of India, Central Zone One. He can be reached at alok@himland.in. Views expressed are personal.   I have been writing on this act, ever since the act’s draft was thrown open to the public for suggestions. On 2nd […]

Model Tenancy Act, 2021- The Law to be Enforced Needs Some Minor Revisions.more
Airport Plan

AAI Begins Enforcing New Construction Height Limitations in Juhu and Dahisar.

September 14, 2021

Because of the presence of radars for civil and commercial planes, the Airports Authority of India (AAI) has begun enforcing new construction height limitations in Juhu and Dahisar. This has resulted in a reduction in allowable building height, which is impacting apartment redevelopment and new developments in certain locations. Building heights are now significantly lowered […]

AAI Begins Enforcing New Construction Height Limitations in Juhu and Dahisar.more
Real estate investment

MahaRERA asks Ekta Housing to repay the buyer after the project is completed

August 30, 2021

The Maharashtra Real Estate Regulatory Authority (MahaRERA) may enable you to withdraw from a project if the developer has already delayed possession and you wish to leave. In a dispute between a flat buyer, Surajkumar Rajendra Rai, and Ekta Housing over the delayed Virar project Brooklyn Park Phase IV, MahaRERA chairperson Ajoy Mehta has ordered […]

MahaRERA asks Ekta Housing to repay the buyer after the project is completedmore
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
Buying property in Abroad

Mumbai witnesses 10-year high property registrations in July 2021

August 13, 2021

Mumbai recorded property sales of 9037 units in July 2021 compared to 7857 units registered in June 2021, indicating a month-on-month growth of 15 percent. The registrations in July 2021 are also a 10-year high recording the highest sales numbers since July 2012. The property registrations data showed that 53 per cent of registrations in […]

Mumbai witnesses 10-year high property registrations in July 2021more
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