Real Estate Maharashtra
MahaRera Tightens OC Verification for 3,699 Lapsed Housing Projects
In response to the recent fake document fraud in Kalyan-Dombivli, the Maharashtra Real Estate Regulatory Authority (MahaRera) is intensifying its efforts to verify occupancy certificates (OCs) for 3,699 lapsed housing projects across the state. This move aims to ensure transparency and accountability in the real estate sector.
Real Estate Pune
Mumbai Real Estate: Property Registrations Decline by 4% in February, Stamp Duty Revenue Steady
Mumbai's real estate market saw a 4% drop in property registrations in February, while stamp duty revenue remained stable. This trend indicates a slowdown in the market, but financial stability is maintained.
Real Estate Mumbai
Maharashtra Real Estate: Majority of Developers Update Project Details for MahaRERA Compliance
A significant number of real estate developers in Maharashtra have taken steps to improve their compliance with the Maharashtra Real Estate Regulatory Authority (MahaRERA) by updating their project details. This move reflects a growing commitment to trans
Real Estate Maharashtra
KDMC RERA Scam: 6,500 Residents Face Eviction as Illegal Buildings Scheduled for Demolition
In the ongoing Maharashtra real estate crisis, a shocking 33% of projects have lapsed, leading stakeholders to demand stricter RERA laws. The RERA certificate scam has now come to light, putting 6,500 residents at risk of eviction as illegal buildings are
Real Estate Maharashtra
Supreme Court Refrains from Commenting on Merits in Limited Scope Appeals
The Supreme Court of India restored two appeals filed by allottees to the Maharashtra Real Estate Appellate Tribunal, emphasizing that the scope of the appeals was limited to examining the correctness of the lower court's decision rather than commenting o
Real Estate Mumbai
Will Homebuyers Face Increased Costs in Maharashtra with New Ready Reckoner Rates?
The Maharashtra government is contemplating a hike in ready reckoner rates for 2025-2026. This follows a previous increase of 8.8% in April, affecting most regions except Mumbai.