Real Estate Maharashtra
High Court Stays Property Auction, Orders Kalash Builders to Deposit ₹15 Lakh
The Nagpur Bench of the Bombay High Court has granted interim relief to Kalash Builders by staying the property auction scheduled for May 26, 2025, on the condition that they deposit ₹15 lakh with the Tehsildar. The auction was initiated due to the builder's failure to deposit ₹1.08 crore as directed by the Maharashtra Real Estate Regulatory Authority (RERA).
Real Estate Mumbai
MMRC Withdraws Nariman Point Property Auction After RBI's Request for Office Space
The Request for Proposal (RFP) for the property, issued on October 3, 2024, via the CPPP portal, had drawn widespread attention. MMRC had extensively marketed the property for auction, but the unexpected request from the Reserve Bank of India (RBI) has le
Real Estate Mumbai
Mumbai: BMC Delays Auction of Prime Properties in Malabar Hill, Crawford Market, and Worli
The BMC has decided to postpone the auction of key plots in Malabar Hill, Crawford Market, and Worli, offering these properties on a 30-year lease with an option for a 30-year renewal.
Real Estate Pune
Pune: Property Auction Looms as PCMC Targets Tax Defaulters Owing Rs 3 Lakh+
The Pune City Municipal Corporation (PCMC) is planning to auction properties of tax defaulters who owe over Rs 3 lakh. This move is aimed at recovering unpaid taxes and ensuring compliance among property owners.
real estate news
GMADA Reaps ₹1,893 Crore from Successful Property Auction in Diwali
In a significant boost for the Mohali real estate sector, GMADA has reported an impressive ₹1,153 crore from the sale of 295 out of 298 residential plots during a recent property auction.