Real Estate
Union Minister Launches Unified RERA Portal to Enhance Real Estate Transparency
Union Minister of Housing and Urban Affairs, Manohar Lal, launched the Unified RERA portal at the 5th meeting of the Central Advisory Council in New Delhi, aiming to boost transparency and accountability in the real estate sector.
real estate news
Union Minister Manohar Lal Launches Unified RERA Portal to Enhance Real Estate Transparency
Minister of Housing and Urban Affairs Manohar Lal has launched the Unified Real Estate (Regulation and Development) Act, 2016 (RERA) portal, a significant step towards boosting transparency and accountability in the real estate sector.
Real Estate
UP RERA Introduces New Facility to Protect Homebuyers from Unauthorised Payments
The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has launched a new feature on its official portal, allowing homebuyers to report violations by promoters who collect money in unauthorised accounts. This move aims to ensure transparency and protect homebuyers' investments.
Real Estate
The Decline of Golden Tobacco: From Cigarette Empire to Insolvency
India’s Securities and Exchange Board (SEBI) has issued a new order against Golden Tobacco Limited (GTL), exposing the diversion of Rs. 175.17 crore to related entities and leading to severe penalties for key officials.
Real Estate Maharashtra
Anjali Tendulkar Buys ₹32 Lakh Flat for Staff in Virar
Anjali Tendulkar, wife of cricket legend Sachin Tendulkar, has purchased a 391-sq ft flat in Virar for her domestic staff. The apartment, bought for ₹32 lakh, is part of a growing trend among celebrities offering housing support to their staff.
Real Estate
Ontario Regulator Investigates Major Financial Shortfall at GTA Real Estate Brokerage
Ontario’s Real Estate Council has launched an investigation into iPro Realty Ltd. after discovering a significant shortfall in its trust accounts, raising concerns for agents and clients in the Greater Toronto Area.
Real Estate Maharashtra
Maharashtra’s Regulatory Reforms: A Blueprint for Accountability and Transparency
Maharashtra has set a new standard in governance through streamlined regulations, digitisation, and institutional autonomy, enhancing accountability and transparency in its rapidly developing state economy.
Real Estate Pune
MahaRERA Suspends 4,812 Lapsed Housing Projects, Freezes Bank Accounts
Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registrations of 4,812 housing projects across the state, freezing their bank accounts due to non-compliance. This move aims to protect homebuyers and ensure transparency in the real estate sector.
Real Estate
Suits Valuation Amendment: A Policy Shift Against Goans?
The Suits Valuation Amendment Bill, 2025, introduced in the Goa Legislative Assembly, raises concerns about the government's true intentions. While purportedly aimed at uniformity in suit valuation, the bill may disproportionately burden local litigants while keeping property registration costs low for non-Goan buyers.
Real Estate
Dentons Advises Apollo Global Management on £500 Million PBSA Portfolio Sale
Dentons, a leading global law firm, has successfully advised funds managed by Apollo Global Management on the sale of an eight-property UK Purpose Built Student Accommodation (PBSA) portfolio to QuadReal Property Group for over £500 million.
real estate news
Evaluating the Impact of RERA on India's Real Estate Market
The Real Estate (Regulation and Development) Act, 2016 (RERA) was introduced to enhance transparency and accountability in the real estate sector. However, after nine years, it has faced significant challenges in achieving its objectives.
Real Estate Pune
High-Value Items Vanish from Pune Municipal Commissioner's Official Residence
In a concerning incident, valuable items including air-conditioners, televisions, and a chandelier have gone missing from the Pune Municipal Commissioner's bungalow, raising questions about security and accountability.
real estate news
Jaya Bachchan's Fiery Speech on Operation Sindoor in Rajya Sabha Ignites Social Media
Veteran actress and Samajwadi Party MP Jaya Bachchan delivered a passionate and emotional speech in the Rajya Sabha, questioning the government's handling of security and the naming of ‘Operation Sindoor’. Her remarks, including a viral moment where she rebuked interruptions, have sparked widespread discussion and debate.
Real Estate
ITAT Allows Foreign Exchange Loss as Revenue Expenditure in Real Estate
The Income Tax Appellate Tribunal (ITAT) in Mumbai has ruled that a foreign exchange loss of Rs. 1,12,449, arising from consulting charges paid to foreign parties, should be allowed as deductible expenditure rather than being capitalized to project costs.
Real Estate Pune
What Caused the 25-Vehicle Pile-Up on Mumbai-Pune Expressway?
A massive 25-vehicle pile-up on the Mumbai-Pune Expressway resulted in one death and 18 injuries. The accident was caused by a container trailer's brake failure on a steep stretch of road near the Adoshi tunnel.
Real Estate Pune
Tragic Mishap on Mumbai-Pune Expressway: Truck Collides with 20 Vehicles, One Fatality
A speeding container trailer truck collided with at least 20 vehicles on the Mumbai-Pune Expressway, resulting in one death and 18 injuries. The accident, which occurred near the Adoshi tunnel, has caused significant traffic disruption and raised concerns about road safety.
Real Estate Pune
Tragic Pile-Up on Mumbai-Pune Expressway: 1 Dead, 20 Vehicles Involved
A massive collision involving 20 vehicles on the Mumbai-Pune Expressway has resulted in one fatality and 18 injuries. The incident, triggered by a speeding container truck with brake failure, led to significant traffic jams.
Real Estate Mumbai
Tragic Death of Woman Lawyer in Road Accident on Pune-Mumbai Highway
A woman lawyer, Apeksha Thorat, 26, was killed in a tragic road accident on the old Pune-Mumbai highway near Dapodi Metro station. Her father, an ex-serviceman, lodged an FIR at the Dapodi police station.
Real Estate Mumbai
The Resort Mumbai: A Haven for the OMG Face of the Year Contestants
The Resort, Mumbai, continues its partnership with the OMG Face of the Year, providing a luxurious and comfortable home for the contestants. Discover the amenities and experiences that await them.
Real Estate Maharashtra
Tragic Accident: Woman and 4-Year-Old Boy Killed by Truck in Bhiwandi, Thane
A tragic accident in Bhiwandi, Thane district, left a woman and a four-year-old boy dead after they were hit by a speeding truck near a hospital. The incident has sparked a thorough investigation by local authorities.