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
GHAZIABAD: Approximately 77% of recovery certificates (RCs) issued by the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) to defaulting developers in Ghaziabad have been successfully recovered. This achievement marks the city as having the lowest pendency rate for realizing recovery certificates in the state. Data from the Board of Revenue reveals that Ghaziabad has a […]
Nearly 77% of Ghaziabad’s UP-RERA-issued certificates were recovered.more
The Asian Development Bank (ADB), a multilateral funding agency headquartered in Manila, has pledged USD 70 million (approximately ₹595 crore) to Vastu Housing Finance to support affordable housing initiatives. This funding will help improve access to sustainable and affordable housing loans for underserved borrowers, with 15% of the funds dedicated to first-time homeowners, according to […]
ADB Pledges $70 Million to Vastu Housing Finance to Boost Affordable Housing.more
AHMEDABAD: The Gujarat Real Estate Regulatory Authority (GujRERA) has unveiled a set of new banking regulations, which will take effect starting January 1, 2025. These updated rules mandate that developers maintain three distinct bank accounts for each project, a move aimed at enhancing transparency in financial transactions within the real estate sector. Under the revised […]
Gujarat RERA Introduces New Banking Rules for Developers.more
HYDERABAD: The Enforcement Directorate (ED) Hyderabad zonal office conducted raids on Thursday under the Prevention of Money Laundering Act at two locations linked to realty firms and their promoters. The operation resulted in the seizure of jewelry and bullion worth ₹5.4 crore and unaccounted cash amounting to ₹72.7 lakh, bringing the total seizure to approximately […]
Hyderabad: ED Conducts Raids on Realty Firms in Money Laundering Casemore
Mumbai, [18 December 2024] – Vida Realty, a prominent name in Mumbai’s real estate sector, has successfully secured Occupation Certificates (OC) for three of its premium residential developments: Upper East 97 in Malad (East), Roha Vatika in BKC Annexe, and East Eden in Vile Parle (East). This milestone reaffirms Vida Realty’s commitment to timely […]
Strengthening Market Trust: Vida Realty (Formerly Known as Roha Realty) Secures Occupation Certificates for its Key Mumbai Projects.more
A retired employee of the City Survey Office has been arrested in connection with a multi-crore land scam in Malad (West). The accused, 64-year-old Devdas Jairam Jadhav, is the third individual to be detained by a special investigation team formed by the crime branch under the direction of the high court. This investigation focuses on […]
Mumbai: Former Government Employee Arrested in Malad Multi-Crore Land Fraudmore
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 BHUBANESWAR: The Additional District Magistrate (ADM) of Bhubaneswar has issued a show-cause notice to a city-based real estate developer for failing to comply with an Odisha Real Estate Regulatory Authority (ORERA) directive. The order, issued in 2019, directed the builder to compensate 18 aggrieved homebuyers with Rs 87.94 lakh due to delays in delivering a […]
Bhubaneswar ADM Serves Show-Cause Notice to Builder for Defying ORERA Compensation Ordermore
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
