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CIDCO Cancels Allotment of 16 Navi Mumbai Plots Worth ₹2000 Crore: 5 Key Reasons

Real Estate

CIDCO Cancels Allotment of 16 Navi Mumbai Plots Worth ₹2000 Crore: 5 Key Reasons

Mumbai Real Estate Update: The CIDCO, the special planning authority for Navi Mumbai, has cancelled the allotment of 16 plots due to alleged irregularities and legal issues. This decision has significant implications for the real estate market in Navi Mumbai, affecting both developers and potential buyers.

April 9, 2025
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Important Steps to Ensure Your Apartment is Free from Legal Issues Before Purchase

Real Estate Mumbai

Important Steps to Ensure Your Apartment is Free from Legal Issues Before Purchase

MahaRERA has recently directed a real estate developer near Mumbai to disclose details about any pending litigation to the public. This highlights the importance of checking for legal issues before buying an apartment.

January 13, 2025
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What Homebuyers Should Know: Checking Legal Issues Before Buying an Apartment

Real Estate Maharashtra

What Homebuyers Should Know: Checking Legal Issues Before Buying an Apartment

To safeguard the interests of homebuyers, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued guidelines for real estate developers, emphasizing the importance of verifying legal documentation before finalizing a property purchase.

January 13, 2025
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Luigi Mangione: The Grandson of a Real Estate Tycoon and His Wealthy Family

Real Estate Maharashtra

Luigi Mangione: The Grandson of a Real Estate Tycoon and His Wealthy Family

Luigi Mangione, the accused in the killing of UnitedHealthcare executive Brian Thompson, hails from a family with deep roots in the real estate industry. His grandfather, Nick Mangione Sr., built a fortune in property development, making the Mangione fami

December 12, 2024
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Confusion Lingers Over RERA's Exemption for Small Real Estate Projects

Real Estate Maharashtra

Confusion Lingers Over RERA's Exemption for Small Real Estate Projects

Section 3 of RERA exempts real estate projects with less than 500 sq mt plot area from mandatory registration. This raises questions about the rights of homebuyers in such exempted projects.

November 4, 2024
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