real estate news
Understanding the Controversy Behind Excessive Transfer Charges in Mumbai's Real Estate Market
Explore why developers and housing societies in Mumbai impose hefty transfer charges, often ranging from 2-4 percent of the transaction value, and how this affects the real estate market.
Real Estate Mumbai
Mumbai's Housing Society Redevelopment: A Sticky Wicket Over Excessive Incentives
Mumbai's older housing societies and real estate developers are engaging in redevelopment projects with excessive incentives, potentially leading to project unviability and market instability, warns Knight Frank India's Gulam Zia.
Real Estate Mumbai
Mumbai Housing Society Redevelopment: A Rs 1.3 Lakh Crore Boom
Mumbai's housing society redevelopment is set to add 44,000 new homes worth Rs 1.3 lakh crore by 2030, driven by policy incentives and strategic developer strategies.
Real Estate Mumbai
Redevelopment Boom in Mumbai: Extra Carpet Area Attracts Tenants and Developers
In Mumbai's bustling real estate market, developers are offering significantly larger homes to tenants of aging housing societies, promising modern and spacious apartments in exchange for old, crumbling buildings.
Real Estate Maharashtra
Maharashtra's Sahakar Samwad Portal: 80% of Housing Society Complaints Resolved
Maharashtra's Sahakar Samwad portal, launched to address grievances against housing societies, has achieved an 80% success rate in resolving complaints, ensuring transparency and faster action.
Real Estate Maharashtra
Technical Issues Hinder Maharashtra's Online Deemed Conveyance Portal
Persistent glitches have plagued Maharashtra's new online deemed conveyance portal, Pratyay MahaBhumi, forcing many housing societies to return to government offices for assistance.
real estate news
Housing Societies Warned Against Fake Tenant Registration Documents; QR Code Verification to be Implemented
Pune: With a rise in fraudulent and unregistered tenant documents, the Association of Service Providers has issued a warning to housing societies across Maharashtra, emphasizing the need for a robust verification mechanism.
Real Estate Mumbai
Housing Societies in Mumbai and Pune Confused Over NA Tax Abolition
Nearly 10 months after the state cabinet announced the abolition of non-agricultural (NA) tax for urban housing societies, confusion remains due to the absence of a formal government resolution (GR).
real estate news
Puravankara Selected as Developer for Eight Housing Societies with a Development Value of Rs 2,000 Crore
Puravankara Ltd, a prominent real estate developer, has been chosen to develop eight housing societies with a total development value of Rs 2,000 crore. This move is expected to boost the company's market presence and enhance its portfolio of residential projects.
Real Estate Maharashtra
Maharashtra Proposes New Rules for Cooperative Housing Societies
The Maharashtra government has unveiled the Draft Maharashtra Cooperative Societies Rules, aiming to streamline the governance and operations of cooperative housing societies. This move is expected to bring more transparency and efficiency to the real estate sector.
Real Estate Maharashtra
Maharashtra Drafts New Rules to Modernize Housing Societies
The Maharashtra government has proposed new draft rules to modernize the governance of co-operative housing societies, aiming to streamline processes and enhance transparency. These rules include provisions for virtual AGMs, redevelopment loans, and interest reductions.
Real Estate Mumbai
Mumbai’s New Rules to Simplify Housing Society Governance and Empower Residents
The Maharashtra government is set to introduce a new regulatory framework that simplifies rules for over 1.25 lakh cooperative housing societies in the state. These changes aim to reduce financial burdens, facilitate redevelopment, and promote transparent community governance.
real estate news
Pune Housing Societies Open Doors for Warkaris: Meals, Parking, and Warm Hospitality
Pune housing societies are turning their parking lots into shelters for Warkaris, offering meals and a safe place to rest during the Ashadhi Wari pilgrimage.
Real Estate Mumbai
Navi Mumbai's First Redevelopment Expo: 750+ Housing Societies to Attend
CREDAI MCHI YOUTH, the youth wing of real estate developers under 40, is organizing a groundbreaking redevelopment exhibition in Navi Mumbai. Over 750 housing societies from Navi Mumbai and Raigad are expected to attend, seeking to explore redevelopment options.
Real Estate Mumbai
Hiranandani Group Expands into Mumbai Redevelopment Projects
Hiranandani Group, a prominent player in the real estate sector, is making significant strides in the redevelopment market with new projects in Mumbai. The group is set to transform several housing societies in Bandra and Versova, marking a strategic move in the city's urban landscape.
Real Estate
Maharashtra Launches Digital Portal for Deemed Conveyance Applications by Housing Societies
Maharashtra has launched the PRATYAY MahaBhumi portal, enabling housing societies to apply for deemed conveyance online, streamlining the process and reducing the need for physical visits.
real estate news
Maharashtra Launches Digital Portal for Deemed Conveyance Applications by Housing Societies
Maharashtra has launched a digital portal, PRATYAY MahaBhumi, to streamline the process of deemed conveyance applications for housing societies, making it faster and more transparent.
Real Estate Maharashtra
Maharashtra Launches Digital Portal for Deemed Conveyance Applications by Housing Societies
The Maharashtra government has launched the PRATYAY MahaBhumi portal, enabling housing societies to apply for deemed conveyance online. This move aims to streamline the process and increase transparency.
real estate news
Pimpri-Chinchwad: Water Supply to 184 Housing Societies to be Cut Off Over Inactive STPs
The Pimpri-Chinchwad Municipal Corporation (PCMC) has announced that water supply to 184 housing societies will be cut off starting 1st June due to their failure to activate Sewage Treatment Plants (STPs), despite receiving multiple notices.
real estate news
Understanding the ₹7500 GST Threshold for Housing Societies
Learn how the GST threshold of ₹7500 per month impacts housing societies and what it means for residents.