Category: RERA

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
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
RERA

Over 70 real estate complaints got disposed of by UP-RERA in its first National Lok Adalat.

July 13, 2021

On July 10, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) disposed of approximately 80 cases under the auspices of the Uttar Pradesh State Legal Services Authority in the first National Lok Adalat. A sum of 91 cases was held for hearing at the Lok Adalat, with 79 of them got disposed of. UP-RERA Legal […]

Over 70 real estate complaints got disposed of by UP-RERA in its first National Lok Adalat.more
Radhakishan Damani D-mart

Radhakishan Damani, founder of D-Mart executes its third-biggest deal of Rs. 1,001 crore.

April 5, 2021

Radhakishan Damani, billionaire investor and founder of D-Mart, has purchased a bungalow in South Mumbai’s lavish Malabar Hill area for Rs 1,001 crore, the country’s largest residential sale. Damani purchased the property with his younger brother, Gopikishan Damani. Madhukunj, a 1.5-acre land parcel on leafy Narayan Dabholkar Marg, has ground plus a two-storey bungalow with […]

Radhakishan Damani, founder of D-Mart executes its third-biggest deal of Rs. 1,001 crore.more
Mhada

State Housing Department Relaxes Rules for the Redevelopment of Cessed Buildings in Mumbai.

March 15, 2021

The state housing department provides relaxed conditions for the redevelopment of old and decayed cessed buildings in the city with hundreds of Mhada NOCs stuck for over a year. It has removed a 2019 GR which, several developers have said, was unworkable. Now developers would not be expected in order to obtain a redevelopment NOC to […]

State Housing Department Relaxes Rules for the Redevelopment of Cessed Buildings in Mumbai.more
Governments-Ownership-Scheme

What is the Government’s “Ownership Scheme”?

October 24, 2020

The Central government has recently launched an important scheme for people living in rural areas. Its name is the Government’s ‘Ownership Scheme’. Prime Minister Narendra Modi launched the scheme on 24 April 2020 on National Panchayati Raj Day. They will be given property cards. Introducing the scheme, the PM distributed property cards to some people. […]

What is the Government’s “Ownership Scheme”?more

Online Property Expo – Connecting directly with real estate agencies and developers, banks, legal advisors, and all professionals.

August 27, 2020

Don’t Miss The 16 Best Days To Buy A Home, Visit India’s Biggest “ONLINE PROPERTY EXPO 2020” on 5th Sep to 20th Sep. Connecting directly with real estate agencies and developers, banks, legal advisors, and all professionals of the sector under one virtual roof. => Assured Gift for First 500 Visitors=> 100+ Projects Options=> Homes […]

Online Property Expo – Connecting directly with real estate agencies and developers, banks, legal advisors, and all professionals.more
MahaRERA

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.

August 24, 2020

Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed the developer’s argument that, since home buyers continued to pay even after the promised date of occupancy had passed, they had “acquiesced” and agreed to the delay in possession. In three separate orders, MahaRERA’s Bhalchandra Kapadnis has advised developer CCI Projects Ltd, to pay interest on deferred possession […]

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.more
SPL-SLV-Infra-partnership

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projects

June 11, 2020

SPL is planning to launch 4-5 plotted development projects this year, through a strategic partnership with SLV Infra Projects Bengaluru, 1 June 2020: Shriram Properties Limited (SPL), one of South India’s leading residential real estate development company, announced further expansion of its plotted land development portfolio through a strategic partnership with SLV Infra Projects, which […]

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projectsmore
Hardeep Singh Puri

Housing minister says government will soon issue a special advisory to save homebuyers interest.

April 30, 2020

Housing and Urban Affairs Minister Hardeep Singh Puri said the government will soon issue an advisory to all real estate regulatory bodies and state about the special measures that must be taken to protect the interests of homebuyers and all other stakeholders in the real estate industry. In an urgent meeting of the Central Advisory […]

Housing minister says government will soon issue a special advisory to save homebuyers interest.more