MHADA and BMC have joined forces to eliminate unauthorized hoardings in Mumbai, following the tragic Ghatkopar incident and directives from CM Eknath Shinde.
MhadaBmcMumbaiJuhu Vile ParleUnauthorized HoardingsReal Estate MumbaiJun 17, 2024
The tragic Ghatkopar incident and directives from Chief Minister Eknath Shinde to eliminate illegal hoardings across Mumbai prompted MHADA and BMC to take action.
Out of 62 hoardings, 60 were installed without the necessary No Objection Certificate (NOC) from MHADA.
Non-compliance will lead to enforced dismantling by MHADA with BMC's assistance.
Failure to comply will result in the revocation of advertising permits and legal action under the Mumbai Municipal Corporation Act, 1888.
MHADA is committed to ensuring compliance with regulatory standards and protecting public spaces from unauthorized structures, with public safety being paramount.
The registration department is investigating 796 property registration documents for non-compliance with real estate regulations, sparking concerns among developers and buyers.
IMD issues yellow alert for Mumbai, red alert for Palghar and Pune; heavy to very heavy rainfall expected in the next 24 hours
A state-appointed panel inspected several townships in Nagpur, Maharashtra, but issues related to water supply, irrigation clearance, and inspection delays remain unresolved.
The city of Indore recorded a significant 12.8% increase in property revenue during the festive season in October. According to Balkrishna More, the Deputy Inspector General of Registration for the Indore region, the surge in real estate activity can be a
Arvind Gurumurthy, a distinguished legal professional, has made significant contributions in the fields of M&A, private equity, and corporate law. With a successful seven-year tenure as Partner at Kochhar & Company, Arvind has extensive experience in hand
Arthur Laffer, the director of NexPoint Diversified Real Estate Trust (NXDT), has made a significant purchase of $87,156 in company stock. This move could signal his confidence in the company's future performance. Investors should consider this as a potential indicator of a bullish market play.