Real Estate Pune
RMC Units and Developers Seek Extension for MPCB Compliance in Pune
Pune: Ready-mix concrete (RMC) manufacturing units and real estate developers in Pune have requested more time to comply with the new guidelines issued by the Maharashtra Pollution Control Board (MPCB). The regulator has given existing plants one month to meet the new environmental standards.
Real Estate Maharashtra
Maharashtra Revamps Slum Redevelopment Strategy: No More Individual Consent Required
The Maharashtra government has issued a new order to expedite slum redevelopment in Mumbai, eliminating the need for individual slum-dwellers' consent for cluster projects. This move aims to streamline the process and create a slum-free city.
Real Estate Maharashtra
MahaRERA Boosts Efficiency with Hybrid Hearing Mode
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has adopted a hybrid mode for hearings, allowing both physical and virtual attendance. This move, in line with a Bombay High Court directive, has increased efficiency and convenience in resolving housing disputes.
Real Estate
Understanding Silver Loans: Valuation, Auction, and Rules by RBI
The Reserve Bank of India (RBI) has introduced comprehensive rules and regulations for silver and gold loans, ensuring consumer safety and a standardized procedure.
Real Estate Mumbai
Navi Mumbai Identifies 513 Unsafe Buildings, Mandates Structural Audits for 30-Year-Old Structures
The Navi Mumbai Municipal Corporation (NMMC) has declared 513 buildings as structurally unsafe and has urged residents of buildings over 30 years old to conduct mandatory structural audits by March 2026.
Real Estate Mumbai
SEBI Court Grants Travel Permission to Stockbroker Ketan Parekh After ₹27-Crore Deposit
The Special SEBI Court has allowed stockbroker Ketan Parekh to travel to Thailand and the UAE for a vacation and wedding after he deposited ₹27 crore as security. Parekh, who was found to have wrongfully gained ₹65.77 crore, has already repaid ₹38.70 crore.
Real Estate Maharashtra
Supreme Court Demands Details of 'Real Beneficiaries' of Mumbai's Reclaimed Sea Land
The Supreme Court has directed the Maharashtra government to provide details of the 'real beneficiaries' of the land reclaimed from the sea for the Bandra Worli Sea Link project. The court is investigating potential commercial misuse of the reclaimed land.
Real Estate Mumbai
Supreme Court Asks Maharashtra to Reveal 'Real Beneficiaries' of Mumbai's Reclaimed Sea Land
The Supreme Court has directed the Maharashtra government to provide details of the 'real beneficiaries' of the land reclaimed from the sea for the Bandra Worli Sea Link project. This comes after a plea was filed to prevent commercial development on the reclaimed land.
Real Estate
AIFs Dominate India's Real Estate Investment Landscape
Alternative Investment Funds (AIFs) have emerged as the primary capital source for India's real estate sector, anchoring nearly 80% of category II funds. This shift highlights the growing importance of AIFs in driving real estate investments.
Real Estate Mumbai
Collateral Damage: The Dark Side of Mumbai's Construction Boom
As Mumbai's construction boom continues, the city is witnessing a rise in fatal accidents due to falling debris, raising questions about builder accountability and safety regulations.
real estate news
Karnataka RERA Introduces Project Closure Policy to Enhance Transparency and Protect Homebuyers
The Karnataka Real Estate Regulatory Authority (RERA) is set to introduce a project closure policy, making it the second state after Odisha to implement such a measure. The policy aims to ensure transparency and accountability in project completions and protect homebuyers.
Real Estate
RBI's Draft ECB Reforms: A Game-Changer for Real Estate Finance
The Reserve Bank of India's proposed ECB reforms could unlock offshore capital for real estate, easing funding, boosting transparency, and reshaping India's property market.
Real Estate Pune
Pune: Residents of Bavdhan Demand Closure of Illegal RMC Plants Amid Pollution Crisis
Residents of Bavdhan, Pune, are up in arms against seven illegal ready-mix concrete (RMC) plants causing severe air pollution and health hazards. Despite numerous complaints, authorities have failed to take action, leading to accusations of negligence.
real estate news
Homebuyers Demand RERA Amendments to Protect Buyers' Interests
Homebuyers' body FPCE is urging the government to amend the Real Estate (Regulation and Development) Act, 2016 (RERA) to include provisions for verifying builders' track records and ensuring compensation for failed promises.
real estate news
FPCE Seeks RERA Law Amendments to Protect Homebuyers and Ensure Transparency
The Forum for People's Collective Efforts (FPCE) has called for amendments to the RERA law to protect homebuyers' interests and ensure transparency in the real estate sector. The changes include verifying builders' track records and ensuring compensation for failed promises.
Real Estate
HRera Issues Notice to Gurgaon Real Estate Agent for Unfair Sales Practices
The Haryana Real Estate Regulatory Authority (HRera) has issued a show-cause notice to a real estate agent in Gurgaon for violating RERA norms by facilitating sales before official registration. This regulatory intervention highlights the importance of compliance and transparency in the real estate market.
Real Estate
Hyderabad Real Estate 2025: A Promising Investment Destination for NRIs
Discover why NRIs are increasingly investing in Hyderabad's real estate in 2025, driven by robust infrastructure growth, high rental yields, and favorable RBI regulations.
Real Estate Maharashtra
Maharashtra: 24/7 Operations for Shops and Establishments with One Major Exclusion
The Maharashtra government has officially permitted most shops and commercial establishments to operate 24/7, with the notable exception of alcohol-serving businesses. This move aims to boost business operations and consumer convenience.
Real Estate
Kolkata Homebuyers Rejoice as State Adjusts Circle Rates Downwards
The state government of West Bengal has made a significant move to ease the financial burden on homebuyers by rationalizing circle rates in key areas, including Salt Lake and New Town. This decision comes after a recent 80%-90% increase in rates had raised concerns among real estate developers and homeowners.
Real Estate
Bengaluru Real Estate Update: No OC Required for Large Plots
The Karnataka Cabinet has decided to exempt residential buildings constructed on plots larger than 1,200 square feet within Bengaluru from the mandatory requirement of obtaining an Occupancy Certificate (OC). This move aims to address the issue of electricity connections being withheld for thousands of completed houses.