Tag: #Maharashtra

Municipal Commissioner auctions government properties to recover outstanding tax dues.

February 1, 2020

On January 30 Tukaram Mundhe, Municipal Commissioner, ordered the Property Tax Division of Nagpur Municipal Commissioner (NMC) to auction government property in order to recover taxes. After a review of the property tax department, he published the guidance. Currently, 314 properties are owned by the central government and property tax dues of Rs 37.86 crore […]

Municipal Commissioner auctions government properties to recover outstanding tax dues.more

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.

January 29, 2020

Thirty years is a short time in a rising metropolis and as the commercial hub of the Bandra-Kurla Complex became a hotspot, MMRDA decided to make it more lucrative by preparing a cosmopolitan development of taller buildings, and greener spaces. A master plan to construct 28 commercial and 10 residential buildings in BKC’s E Block […]

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.more

Government to issue a list of “Smart Cities” in June 2020.

January 28, 2020

The Smart Cities Mission will complete its five years of implication and the central government is going to publish a report card in June, consisting of 100 chosen smart cities into three categories – ease of living, municipal performance index and climate. It will allow cities to plan better and move towards data-driven governance, which […]

Government to issue a list of “Smart Cities” in June 2020.more

Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

Lawyers will provide legal assistance to the distressed homebuyers for free.

Maharashtra Real Estate Regulatory Authority (MahaRERA) lawyers decided to provide home buyers with free legal consultancy and support in court from February 1. The Bar Association-run Legal Aid Cell advocates will serve those in need of help in the logjam between builders and homebuyers. The members have held several seminars to raise awareness about the […]

Lawyers will provide legal assistance to the distressed homebuyers for free.more

Minister Nitin Gadkari speaks about the upcoming Delhi-Mumbai expressway that will cut-down travel time by half.

January 27, 2020

On Friday, the Road Transport and Highways Union Minister, Nitin Gadkari, said the forthcoming Delhi-Mumbai Expressway will serve as a growth engine for its transit areas. He also said that the expressway would slash the travel time between Delhi and Mumbai by almost half, addressing an event at Manesar in Haryana’s Gurgaon district. The highway […]

Minister Nitin Gadkari speaks about the upcoming Delhi-Mumbai expressway that will cut-down travel time by half.more

Godrej Properties to develop luxury apartments at the famous RK Studios.

January 25, 2020

Godrej Properties Ltd (GPL), a real estate company, has unveiled a luxury residential project at the famous RK Studios in the tony Chembur neighborhood, the southern part of Mumbai. The company is releasing the 3 and 4-bedroom Collector’s Edition residences, it said in its release. Bombay Art Deco influences the architecture of these luxury buildings. […]

Godrej Properties to develop luxury apartments at the famous RK Studios.more

High Court orders demolition of illegal building, following a resident’s complaint.

A professional in service management shows the way for citizens forced to live in illegal buildings. Jaswinder Bansal not only refused to allow the ageing parents to inhabit their redeveloped apartment, constructed in a completely illegal building but also filed a lawsuit in the High Court of Bombay against the builders and the BMC. On […]

High Court orders demolition of illegal building, following a resident’s complaint.more

Piramal Realty to focus on the mid-market segment – plans to invest Rs. 3,500 crore in Mumbai.

January 23, 2020

Piramal Realty, the Piramal Group’s real estate development arm, plans to invest over Rs 3,500 crore in the Mumbai Metropolitan Region (MMR) residential project over the next 3 years with a strong focus on mid-market segment, said a top company official. Goldman Sachs and Warburg Pincus are investors of this enterprise which is entering the […]

Piramal Realty to focus on the mid-market segment – plans to invest Rs. 3,500 crore in Mumbai.more

NCDRC upholds police for failure to issue warrants to the partners of KDS Infra Buildcons.

January 22, 2020

In view of the inability of the police to provide non-bailable warrants to the three partners of Kondhwa-based real estate company (Pune) KDS Infra Buildcons for non-compliance of its order, the National Consumer Disputes Redressal Commission (NCDRC) took a strong note of it. In the four years, total, 132 home buyers — mainly retired Ammunition […]

NCDRC upholds police for failure to issue warrants to the partners of KDS Infra Buildcons.more

Developers are avoiding redevelopment projects – proposals down by 50% in the past year.

January 20, 2020

Redevelopment of housing societies, once a capital spin-off for most of the builders in Mumbai, has almost ended. In addition to a sluggish real estate market, developers say projects such as these, which earlier gained huge revenues, are no longer profitable because of the BMC’s high premiums and construction expenses. Throughout the city, developers have […]

Developers are avoiding redevelopment projects – proposals down by 50% in the past year.more

Tag: #Maharashtra

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