Real Estate
MHADA Revises Premium Charges and Payment Terms to Boost Old Housing Redevelopment in Mumbai
The Maharashtra Housing and Area Development Authority (MHADA) has updated its 2007 redevelopment policy to make the redevelopment of old housing societies in Mumbai more financially viable. The changes include revised premium charges for commercial space and phased premium payments.
Real Estate Maharashtra
MHADA Updates Premium Charges and Payment Terms to Boost Old Housing Redevelopment in Mumbai
The Maharashtra Housing and Area Development Authority (MHADA) has revised its 2007 redevelopment policy to make the redevelopment of old housing societies in Mumbai more financially viable by updating premium charges and payment terms.
Real Estate Mumbai
Maharashtra Launches Self-Redevelopment Authority to Empower Housing Societies
The Maharashtra government has constituted a Self-Redevelopment Authority to help citizens redevelop their old buildings independently, aiming to boost self-redevelopment in Mumbai and the Mumbai Metropolitan Region.
real estate news
PMC Orders Civic Audit of Large Housing Societies After Undri Fire Tragedy
Pune Municipal Corporation (PMC) Commissioner Naval Kishore Ram has ordered a comprehensive civic audit of all housing societies with more than 100 flats, following the tragic fire at Marvel Ideal Society in Undri.
Real Estate Maharashtra
Maharashtra Launches Amnesty Scheme to Regularise 25,000 Mumbai Housing Societies
The Maharashtra government is set to introduce an amnesty scheme to grant Occupation Certificates to nearly 25,000 cooperative housing societies in Mumbai, providing relief to residents facing numerous legal and financial hurdles.
Real Estate Mumbai
Maharashtra Launches Amnesty Scheme to Grant OCs to 25,000 Mumbai Housing Societies
The Maharashtra government is set to introduce an amnesty scheme aimed at regularising nearly 25,000 cooperative housing societies in Mumbai that lack Occupation Certificates (OCs). This initiative seeks to resolve long-standing issues and provide financial security and property rights to thousands of residents.
Real Estate Pune
Maharashtra May Soon Establish Independent Authority for Redevelopment Projects
The Maharashtra state housing department is set to establish an independent authority, similar to MahaRERA, to oversee redevelopment projects. This move aims to bring transparency and accountability to the sector, addressing the legal vacuum left by the Real Estate (Regulation and Development) Act 2016.
Real Estate Maharashtra
Maharashtra Government to Grant OCs to 25,000 Housing Societies in Mumbai
The Maharashtra government is set to introduce a new policy framework in October, aimed at simplifying the process of obtaining Occupation Certificates (OCs) for around 25,000 housing societies in Mumbai. This move is expected to resolve long-standing issues and provide relief to many homeowners.
Real Estate Mumbai
Maharashtra Government to Simplify OC Process for 25,000 Housing Societies in Mumbai
The Maharashtra government is set to introduce a new policy to help around 25,000 housing societies in Mumbai obtain long-pending Occupation Certificates (OCs).
Real Estate
Maharashtra's Plan to Grant OCs to 25,000 Housing Societies in Mumbai
The Maharashtra government is set to announce a new policy framework to grant Occupation Certificates (OCs) to around 25,000 housing societies in Mumbai, providing relief to thousands of homeowners.
Real Estate Maharashtra
Maharashtra Government to Grant OCs to 25,000 Housing Societies in Mumbai
The Maharashtra government is set to announce a new policy that will allow around 25,000 housing societies in Mumbai to obtain long-pending Occupation Certificates (OCs). This move aims to alleviate the bureaucratic hurdles faced by homeowners and streamline property regularization.
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.