Real Estate Mumbai
Maharashtra Lokayukta Investigates Rs 55 Crore TDR Scam in Chembur Housing Society
The Maharashtra Lokayukta has initiated an inquiry into a ₹55 crore scam involving the fraudulent acquisition of Transfer of Development Rights (TDR) by the Green Garden Apartment Co-operative Housing Society in Chembur. The probe includes allegations of forgery, embezzlement, and collusion.
real estate news
Mumbai Housing Society Parking Queries: Expert Clarifies Stilt and Podium Parking Rules
Mumbai Housing Society queries often revolve around parking spaces. An expert clarifies that stilt and podium areas are not considered open parking and cannot be sold by developers. Additionally, the rules for attending and voting in general meetings are explained.
Real Estate Mumbai
Sunteck Realty Secures Rs 1,100-Crore Redevelopment Project in Mumbai's Andheri
Sunteck Realty has secured the rights to redevelop a 2.5-acre housing society in Andheri East, Mumbai, with an expected revenue potential of Rs 1,100 crore. The project, originally established by LIC employees, has a development potential of over 1 million sq ft.
real estate news
MahaRERA Orders Shree Tirupati Builders to Fulfill Statutory Obligations
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a landmark order against Shree Tirupati Builders and Developers, mandating them to fulfill various statutory obligations under the RERA Act. The order comes in response to a complaint filed by Saffalya Co-operative Housing Society Ltd. (CHSL).
Real Estate
RERA Orders Builder to Transfer Rs 16.95 Lakh Corpus Fund to Ponda Housing Society
The Real Estate Regulatory Authority (RERA) has mandated that a builder transfer a corpus fund of Rs 16.95 lakh to the Ponda housing society, ensuring financial compliance and protecting the interests of the residents.
real estate news
Three Pune Policemen Suspended for Accepting Bribe from Housing Society Chairman
Three policemen in Pune have been suspended for allegedly accepting a bribe from a housing society chairman in Pashan. The incident has sparked outrage and calls for stricter oversight of law enforcement in the city.