Category Archives: Real Estate News

27 years on, homebuyers to get 7 times the price of undelivered flats – Hindustan Times

27 years on, homebuyers to get 7 times the price of undelivered flats – Hindustan Times Mumbai: About 27 years after they booked flats in a residential project at Kopar Khairane in Navi Mumbai, two residents of Lokhandwala will receive amounts equal to seven times the price of the flats as the builder failed to […]

No NOC from the housing society is needed to sell or rent flats in Mumbai, says Minister Jitendra Awhad – The Free Press Journal.

No NOC from the housing society is needed to sell or rent flats in Mumbai, says Minister Jitendra Awhad – The Free Press Journal. Awhad said Mumbai has been a leading cosmopolitan city across the world and if an owner is not allowed to sell or rent his or her flat to a particular caste, […]

Hiranandani brothers divide Rs 20,000-crore realty assets – India News

Hiranandani brothers divide Rs 20,000-crore realty assets – India News “The brothers have divided 90% of the assets while they would continue to hold 10% of assets jointly,” said sources in the know. By Raghavendra Kamath After running the company for 40 years, the billionaire Hiranandani brothers – Niranjan and Surendra – have divided their […]

Oberoi Realty acquires 4.2-acre land parcel in Mumbai’s Bhandup suburb – ET Realty

Oberoi Realty acquires 4.2-acre land parcel in Mumbai’s Bhandup suburb – ET Realty Realty developer Oberoi Realty has acquired an over 4.2-acre land parcel on LBS Marg in Mumbai’s central suburb Bhandup for Rs 115 crore. The developer has acquired the property through one of its subsidiaries Oberoi Constructions. The company has acquired the land […]

Lapsed projects in Maharashtra can be extended after hearing – ET Realty

Lapsed projects in Maharashtra can be extended after hearing – ET Realty The authority recently put out a list of 3,371 projects that had expired, and promoters had not applied for extension and not uploaded Form 4, which is the certificate from the architect on completion of the project. MahaRERA has 30,668 registered projects of […]

Realty projects sell out in days over low-interest rate, IT hiring – Business Standard News

Realty projects sell out in days over low-interest rate, IT hiring – Business Standard News Godrej Properties sold record 340 apartments worth Rs 580 crore in the second phase of the Noida project Record low home loan interest rates, strong hiring, and salary growth in the IT sector have led to developers advancing launches to […]

E-registration of properties to commence from Oct 2: Maharashtra revenue minister – ET Realty

E-registration of properties to commence from Oct 2: Maharashtra revenue minister – ET Realty “The registration department is ready with the software and the process will be officially rolled out from October 2. This will be for Rera-registered builders who will be given the software by the department after due checks. PUNE : State revenue […]

Home buyers’ body seeks withdrawal of extended construction timelines – ET Realty

Home buyers’ body seeks withdrawal of extended construction timelines – ET Realty The Forum for People’s Collective Efforts (FPCE) has written to Housing and Urban Affairs Secretary Durga Shanker Mishra, demanding that the Centre should intervene in this matter and direct these three states to roll back their decisions. NEW DELHI: Homebuyers’ body FPCE has strongly objected […]

Mahindra Lifespace goes aggressive in buying land parcels for new projects – Business Standard

Mahindra Lifespace goes aggressive in buying land parcels for new projects – Business Standard Mahindra Lifespace Develo­pers, the real estate company of the Mahindra group, is changing gear after it lagged behind peers such as Godrej Properties and Prestige Estat­es Projects as they expanded aggressively in the last decade. The company is looking to invest […]

Nashik: MahaRERA says no registration needed as building already complete – ET Realty

Nashik: MahaRERA says no registration needed as building already complete – ET Realty The MahaRERA in its order noted that physical possession was handed over to the complainant, at Ashok Astoria township project in Nashik, comprising building and row houses and it cannot be called an ‘ongoing project’. MUMBAI: The Maharashtra Real Estate Regulatory Authority last week […]

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