Nitco and Total Environment have entered a ₹350 crore joint development agreement for plotted residential projects in Alibaug's key villages. The deal, secured with a ₹58.42 crore advance, aims to drive real estate growth in Maharashtra's Raigad district.
MAHARERA revokes registrations of 13,785 real estate agents for regulatory non-compliance, emphasizing integrity and accountability in the industry.
MahaRERA and ASCI partner to use AI for identifying non-compliant real estate ads, enhancing transparency and protecting homebuyers' interests.
Mumbai's property tax remains unchanged for the fiscal year 2024, providing relief to homeowners amidst ongoing financial challenges, according to the state cabinet's recent decision.
Kailash Nagar in Thane attracts investors and homebuyers. Ready reckoner rates, determined by the State government, are essential for property transactions in this area.
Maharashtra faces significant cost overruns due to delayed infrastructure projects, prompting the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation, and Resettlement (Amendment) Bill, 2022 to be introduced for faster project completion.
The Maharashtra Building and Other Construction Workers Welfare Board offers various support programs, online registration, and welfare schemes to benefit construction workers in the state.
Converting agricultural land to residential or commercial in India requires navigating state-specific laws and obtaining approvals from revenue or planning authorities. The process involves fees and extensive documentation, with timelines varying by state.
Ready-possession flats in Pune offer advantages like immediate possession and rental income, but come with rigid payment schedules and fewer customization options. Popular locations include Kondhwa and Hinjewadi.
Maharashtra CM Eknath Shinde and Deputy CM Devendra Fadnavis announce government’s plans for affordable homes through MHADA online lottery.
MahaRERA has issued recovery warrants worth Rs 633 crore against errant builders in Mumbai, Pune, and Thane to protect homebuyers' investments.
Maharashtra's e-registration for property sales starts on October 2, aiming to increase transparency and efficiency in the real estate sector.
MahaRERA has launched a help desk to assist home buyers with inquiries and complaints, enhancing communication and support during the pandemic.
1,824 Maharashtra residential projects labeled "expired" by MahaRERA for exceeding deadlines. Developers need 51% buyer consent for extensions and face restrictions on promotion.
The government is linking e-courts with land registration databases to help buyers identify disputed properties and streamline property transactions nationwide.
MahaRERA orders developers to disclose sold, booked inventory to enhance transparency and prevent multiple transactions.
Maharashtra makes slot booking mandatory for property registration in April due to COVID-19 restrictions, potentially impacting revenue collection.
Maharashtra reverts to 5% stamp duty on property registrations from April 1, with 1% concession for properties in women's names.
CIDCO plans to auction approximately 900 plots in Navi Mumbai over the next 12 months. These plots, suitable for bungalows and major developments, range from 40 to 4000 sq mt.
Maharashtra extends real estate incentives until August 2021, offering concessional premiums to developers for residential and commercial projects in Mumbai.
Pune's residential real estate market witnesses growth with new launches and stable prices, expecting a boost during Gudi Padwa
Credai Maharashtra highlights concerns of a 22% sales dip in real estate, attributing it to inflation, high interest rates, and regulatory delays, while affirming Pune's relative stability.
BMC to demolish illegal Campa Cola flats after May 31, 2015, despite monsoon season. Residents seek legal options as state government rejects ordinance, leaving them with an uncertain future.
A National Crime Records Bureau (NCRB) survey reveals a decline in property sales recovery in India. Maharashtra experienced a sharp drop, while Andhra Pradesh showed the best recovery rate.
Nabad introduces a new loan scheme to tackle India's warehouse shortage, especially in Maharashtra, facilitating better storage for agricultural products.