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In a First, MahaRERA Orders Cancellation of Sale Agreements Due to Non-Payment by Homebuyers

Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the termination of sale agreements between a developer and purchasers who missed payment deadlines in an unprecedented action.

By Admin

  • 23rd Mar 2024
  • 1166 Views
The Smart City Revolution is Transforming Urban India

In Pune, Thane, Nashik, Kalyan-Dombivli, Surat, Vadodara, and Ahmedabad, the Smart City Campaign has transformed urban growth. Research shows a huge beneficial impact on residents' lives, advocating a continuing effort beyond June 2024.

By Admin

  • 21st Mar 2024
  • 1166 Views
Long Due Mumbai-Goa Coastal Highway Project Accelerates

After years of stalemate, the Mumbai-Goa coastal highway project is moving forward. A unified procurement for six bridges by the Maharashtra State Road Development Corporation (MSRDC) is expected to stimulate Konkan tourism and industry.

By Admin

  • 21st Mar 2024
  • 1188 Views
MHADA Introduces Amnesty Scheme to Reduce Penalties for Plot Contract Violations

The Maharashtra Housing and Area Development Authority (MHADA) has reduced plot contract violation fines. MHADA's six-month amnesty policy includes this decrease. Under certain scenarios, the programme reduces offenders' penalty costs.

By Admin

  • 19th Mar 2024
  • 1169 Views
Maharashtra Govt Buys Iconic Air India Building at Record Price of INR 1601 Crore

Maharashtra buys the famous Air India building at Nariman Point, Mumbai, for INR 1,601 crore. New state development and strategic planning begin with this historic purchase.

By Admin

  • 15th Mar 2024
  • 1175 Views
Adani Realty and L&T Realty Lead the Race for Prime Mumbai Land Parcel Amidst Selective Bidding

In the high-stakes bidding competition for a prime 24-acre land parcel at Bandra Reclamation in Mumbai, Adani Realty and L&T Realty have positioned themselves as frontrunners.

By Admin

  • 19th Feb 2024
  • 1169 Views
REPL Leads Development of Akkalkot Tirtha Kshetra

Akkalkot, in Maharashtra's Solapur district, is a symbol of India's spiritual tradition and devotion. Shri Swami Samarth Maharaj, a 19th-century saint, brought history and spirituality together 38 km southeast of Solapur near the Karnataka border.

By Admin

  • 15th Feb 2024
  • 1199 Views
Pioneering Draft Guidelines for Senior Living A Leap by MahaRERA

In a groundbreaking move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has unveiled draft guidelines aimed at revolutionizing housing projects for the elderly, making it a trailblazer in India for advocating the specialized housing needs of retirees.

By Admin

  • 12th Feb 2024
  • 1175 Views
Breathing New Life into Maharashtra's Real Estate The MahaRERA Success Story

In the real estate realm, "stalled projects" are those that have ceased construction entirely, contrasting with "delayed projects" which progress slowly due to various factors.

By Admin

  • 10th Feb 2024
  • 1165 Views
Understanding The Advantages & Disadvantages of a Rental Property in Mumbai

Planning and knowing the local real estate market are essential when investing in rental homes. Buyers must consider market circumstances and property ownership costs and dangers. The growing real estate market in Mumbai makes rental property investment an attractive proposition.

By Admin

  • 19th Jan 2024
  • 1176 Views
Maharashtra Government Strategy For Redevelopment Could be a Game Changer

In a recent meeting, the Maharashtra state cabinet approved a significant legal reform to accelerate the rebuilding of ageing cooperative society structures. This move allows eviction of minority residents who block majority-approved redevelopment plans.

By Admin

  • 10th Jan 2024
  • 1175 Views
Nagpur MIHAN-SEZ Withdraws 140 Acres from DLF

MIHAN-SEZ's land dispute with DLF escalates. The Multi Modal International Cargo Hub and Airport at Nagpur (MIHAN) Special Economic Zone (SEZ) in Maharashtra has asked Gurugram-based DLF to return 140 acres of land they received in 2007. This Nagpur IT Park site has been undeveloped for over 15 year

By Admin

  • 9th Jan 2024
  • 1228 Views
Pune Sets the Pace in Climate Leadership with Pioneering Net Zero Building Design

Pune, Maharashtra's cultural capital, is leading India's urbanisation narrative with significant demographic, economic, and real estate expansion. Pune has experienced a rise in flat demand because to its dynamic IT industry, robust industrial base, and thriving startup culture. This demand has boos

By Admin

  • 31st Dec 2023
  • 1228 Views
DRA-DMRC Joint Venture Secures Prestigious Bullet Train Thane Depot Contract

Infracon, in partnership with Delhi Metro Rail Corporation, is the leading bidder for the Thane Depot, a significant component of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project. As the lowest bidder, the joint venture will do several responsibilities.

By Admin

  • 31st Dec 2023
  • 1231 Views
2023 - A Year of Transformation and Challenges in Indian Real Estate

The Indian real estate industry had a great 2023! Indian property markets saw some of the largest transactions ever. Lots of action—acquisitions, IPOs, new project launches. 2023 has set up the Indian real estate sector for future growth.

By Admin

  • 26th Dec 2023
  • 1202 Views
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