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 […]
January 13, 2025
January 13, 2025
Authored by Mr. Nikunj Sanghavi, Managing Director of Veena Developers With the concepts of convenience, efficiency, and sustainability at the heart of urban planning, the Indian city is witnessing increasing traction with the concept of mixed-use developments. These are being created as a singularly designed residential, commercial, and retail space combination and changing the way […]
January 3, 2025
MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has updated the eligibility criteria for forming Self-Regulatory Organizations (SROs), a move aimed at bolstering compliance among real estate developers. The revision reduces the minimum project threshold for SRO formation from 500 to 200 projects in areas outside the Mumbai Metropolitan Region (MMR). This change seeks to […]