Tag: #Maharashtra

Maharashtra RERA relaxes project extension rules that have expired.

January 23, 2023

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has permitted developers to apply for project extensions without the consent of 51% of homebuyers in the respective units. Homebuyers are concerned that MahaRERA’s decision will cause additional delays in the completion of projects that have already missed deadlines. A project is considered “lapsed” if the developer […]

Maharashtra RERA relaxes project extension rules that have expired.more

E-registration of new real estate units is gaining traction in Maharashtra.

January 19, 2023

PUNE: Developers in Maharashtra are increasingly registering first-sale units online through their respective offices. The number of such developers has increased from 129 in December 2022 to 170 this month. The system, which saves developers and home buyers from visiting sub-registrar offices to register properties, is gaining popularity not only in Pune, Mumbai, and Thane […]

E-registration of new real estate units is gaining traction in Maharashtra.more

Customers are irritated by the slow execution of MahaRERA recovery orders.

December 16, 2022

PUNE: Arun Seth (78) has been waiting nearly four years for revenue officials to execute a recovery warrant issued by MahaRERA against the contractor for the delay in ensuring possession of an apartment he purchased in Mumbai. “We had reserved a 550-square-foot one-bedroom flat in Malad in 2011. The developer and I reached an agreement […]

Customers are irritated by the slow execution of MahaRERA recovery orders.more

MahaRERA will approach UDD for a portal that displays approvals.

December 12, 2022

PUNE: The MahaRERA will approach the state’s urban development department (UDD) to establish a dedicated portal for all commencement and occupation certificate approvals. There is currently no portal that displays such permissions. One of the mandatory requirements for registering a project under the Act is that the promoter submits an application for a commencement certificate. […]

MahaRERA will approach UDD for a portal that displays approvals.more

Press Note: Maharashtra’s Energy Department Issues A Circular To Make Installation of the Fire Evacuation Lift Mandatory in High – Rise Buildings.

July 25, 2022

Developers in Maharashtra Now Must Install Fire Evacuation Lifts in High – Rise Buildings with 70-meters and Above in Heights. The new Evacuation Safety Circular is a step towards improving evacuation routes for residents anda Safer andFaster Mode for Fire Officers to reach High – Rise Floors during fire emergencies in Maharashtra Mumbai, July […]

Press Note: Maharashtra’s Energy Department Issues A Circular To Make Installation of the Fire Evacuation Lift Mandatory in High – Rise Buildings.more

No judicial relief, Ahuja Constructions directors were detained in the cheque-bouncing case.

June 13, 2022

Following their conviction in a cheque-bouncing case in March 2021, the city crime branch arrested two directors of Mumbai-based Ahuja Constructions, 71-year-old builder Jagdish Bhagwandas Ahuja and his son Gautam Ahuja (42), on Friday. Because of the pandemic scenario at the time, no measures were taken to imprison them. They did not contest their conviction. […]

No judicial relief, Ahuja Constructions directors were detained in the cheque-bouncing case.more

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

‘Other charges’ obtained by the builder will be subject to 18% GST: AAR

September 8, 2021

A recent judgment issued by the GST-Authority for Advance Rulings (AAR) to Puranik Builders is expected to have a negative impact on both the builders and the consumers, since it may raise expenses. The AAR has ruled that “other charges” received by a builder under a sale agreement are not a composite supply and would […]

‘Other charges’ obtained by the builder will be subject to 18% GST: AARmore

Maha Housing Minister lauds city teenager for her exemplary research done for garbage workers of the city

August 13, 2021

Sanjana Runwal, founder of Clean Up Foundation, presents a research paper on affordable housing solutions for garbage workers to the State for consideration Mumbai, 11th August 2021: Sanjana Runwal, a 17-year-old student from Mumbai and the founder of the NGO – Clean Up Foundation, was honoured with a Letter of Appreciation by Dr. Jitendra Awhad, […]

Maha Housing Minister lauds city teenager for her exemplary research done for garbage workers of the citymore

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

Tag: #Maharashtra

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