Dear Esteemed Friends & Stakeholders, At Paradigm Realty, we are committed to ushering a paradigm shift in the lives of our customers & associates, we are delighted to share some significant milestones we have recently achieved. With revenues surpassing over 550 Crores for the FY 2023 – 2024, with over 35% YOY Growth, we have […]
Annual Progress Report FY : 2023-2024more
MUMBAI: Only 13,000 real estate brokers remain in the state of Maharashtra after the real estate authority in the state announced on Thursday that it has suspended the registration of 20,000 brokers. The regulator, which started registering middlemen for real estate transactions in 2017, has 47,000 agents registered in total.13,785 agents had their registrations canceled […]
20,000 real estate agents’ registrations are suspended by MahaRERA.more
Mumbai’s real estate sector is witnessing an impressive performance with property registrations for April 2024 expected to cross 11,500 units from 10,514 a year earlier. Notably, the current figures represent a 9% increase in registrations compared to the same period last year, reflecting a continuous positive outlook. This robust activity is projected to contribute over […]
Housing in Mumbai continues to thrive with strong April 2024 property registrations.more
Dateline: Mumbai: Godrej & Boyce, the owner-developer, and Godrej Properties, the development manager, announced that the two companies will continue their Memorandums of Understanding executed from time to time, for development of land in Vikhroli owned by Godrej & Boyce, as and when Godrej & Boyce is desirous of developing the said land. Godrej Construction, […]
Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli.more MUMBAI: Real estate developers are expected to submit an annual self-declaration of the quality assurance of their projects to the Maharashtra Real Estate Regulatory Authority (MahaRERA). This self-declaration will be based on a number of factors, including structural design, stability, testing, input material quality, workmanship quality, and other important considerations. The action is intended to […]
MahaRERA suggests that builders self-declare the quality of their projects.more
PUNE: According to the most recent data available from the Maharashtra Real Estate Regulatory Authority (MahaRERA), for the last six years, the 13 district collectorates in the state have only executed 204 recovery warrant complaints out of a total of 1,123 complaints. Out of Rs 736.66 crore, just 18% of the cases have been resolved, […]
Just 18% of MahaRERA recovery warrant orders have been completed.more NEW DELHI: The deputy chief minister of Maharashtra, Devendra Fadnavis, described the current interest rate that MHADA is collecting from developers as extremely high and said that it must be lowered in order to be comparable to that of the BMC. In order to lower the current rate of 18% compound interest to the rate […]
It is concerning that MHADA is charging 18% interest: Maharashtra’s deputy chief ministermore MUMBAI: Raymond Ltd. was ordered by the Maharashtra Real Estate Regulatory Authority (MahaRERA) to withhold only 2% of the entire consideration of an apartment without charging interest. This is because the developer lost the entire sum of approximately Rs 6 lakh that a couple had paid after their reservation was canceled. It referenced a recent […]
Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.more MUMBAI: Due to the failure to update their quarterly progress reports, MahaRERA has suspended the registration of 248 projects, including three MHADA projects in Pune and Beed that were registered in February of this year. In a similar vein, the failure to update quarterly project reports may result in the suspension of 224 projects that […]
Due to incomplete reports, MahaRERA suspends the registration of 248 projects.more
Sea Bliss by Asshna Developers is an urban oasis that offers an exquisite lifestyle with much perfection at Seven Bungalows in Versova Exquisite, exclusive, and enchanting—Sea Bliss by Asshna Developers is all this and much more. The stunning 23-storeyed premium residential project at Seven Bungalows in Versova is an avant-garde urban oasis. An […]
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