News articles tagged Maharashtra

MAHARERA Cancels 13,785 Real Estate Agents’ Registrations

MAHARERA revokes registrations of 13,785 real estate agents for regulatory non-compliance, emphasizing integrity and accountability in the industry.

The MahaRERA and the Advertising Standards Council will use artificial intelligence to monitor real estate advertisements.

MahaRERA and ASCI partner to use AI for identifying non-compliant real estate ads, enhancing transparency and protecting homebuyers' interests.

Mumbai will not be raising its property tax

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.

Do you know the current ready reckoner rate in Kailash Nagar, Thane?

Kailash Nagar in Thane attracts investors and homebuyers. Ready reckoner rates, determined by the State government, are essential for property transactions in this area.

Latest Supreme Court Judgment on Land Acquisition 2022

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.

Maharashtra Building and Other Construction Workers Welfare Board

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.

Land Conversion from Agricultural Land to Residential Land

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.

Buy Ready Possession Flats in Pune: Affordable Housing

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.

MHADA online lottery in 2022, launched by the state

Maharashtra CM Eknath Shinde and Deputy CM Devendra Fadnavis announce government’s plans for affordable homes through MHADA online lottery.

MahaRERA issues warrants for Rs 633 crore against errant builders

MahaRERA has issued recovery warrants worth Rs 633 crore against errant builders in Mumbai, Pune, and Thane to protect homebuyers' investments.

Property E-registration begins from October 2, Maharashtra revenue minister

Maharashtra's e-registration for property sales starts on October 2, aiming to increase transparency and efficiency in the real estate sector.

MahaRERA launches help desk to resolve general queries of homebuyers

MahaRERA has launched a help desk to assist home buyers with inquiries and complaints, enhancing communication and support during the pandemic.

MahaRERA marks 1,824 residential projects as ‘expired’ across the state

1,824 Maharashtra residential projects labeled "expired" by MahaRERA for exceeding deadlines. Developers need 51% buyer consent for extensions and face restrictions on promotion.

Government to link e-court with land records to ease registration

The government is linking e-courts with land registration databases to help buyers identify disputed properties and streamline property transactions nationwide.

MahaRERA order developers to disclose sold, booked inventory

MahaRERA orders developers to disclose sold, booked inventory to enhance transparency and prevent multiple transactions.

Maharashtra: Slot-booking mandatory for property registration in April

Maharashtra makes slot booking mandatory for property registration in April due to COVID-19 restrictions, potentially impacting revenue collection.

5% Stamp duty on property registrations resumed from 1 April

Maharashtra reverts to 5% stamp duty on property registrations from April 1, with 1% concession for properties in women's names.

Maharastra: About 1,000 Cidco plots up for grabs over next 12 months

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 Govt. Boosts Real Estate Industry With New Concessions!

Maharashtra extends real estate incentives until August 2021, offering concessional premiums to developers for residential and commercial projects in Mumbai.

Gudi Padwa, a positive occasion for Pune’s low Real estate

Pune's residential real estate market witnesses growth with new launches and stable prices, expecting a boost during Gudi Padwa

Slowdown worries Pune developers

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: Campa Cola demolition inevitable despite monsoon

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.

Decline in recovery of stolen property

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.

Nabard to finance private sector warehouses

Nabad introduces a new loan scheme to tackle India's warehouse shortage, especially in Maharashtra, facilitating better storage for agricultural products.

Surabhi Chemicals Buys Land In Nagpur To Enter Realty

Surabhi Chemicals, recently acquired by Mahadhan Vincom, is venturing into real estate with projects planned in Nagpur, Surat, and Vadodara. The company intends to invest Rs. 30 crore, focusing on western India.