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Bombay HC directs Maharashtra’s local bodies to link with MahaRERA portal in three months for real-time CC and OC verification, ensuring transparency and preventing forgery.
- 20th Nov 2024
- 1127 Views
NAREDCO Maharashtra NextGen launches Excelerate 3.0 at Hotel Sahara Star, Mumbai, on November 14, 2024. The centrepiece event, "Innovation in Construction," will explore revolutionary solutions for today's building issues, including growing urbanisation and climate resilience.
- 7th Nov 2024
- 1151 Views
October 2024 saw record property registrations in Mumbai owing to a good purchasing season. Mumbai's property registration revenue is estimated at ₹1,081 crore as of October 29, 2024, as reported by Maharashtra's IGR. An increase of 52% from the ₹712 crore recorded on Diwali in November 2023.
- 31st Oct 2024
- 1151 Views
MahaRERA's groundbreaking mandate requires developers to mention agent commissions, broking fees, and charges in sales agreements with licensed real estate agents. This requirement strengthens agents' official roles in transactions and improves openness and accountability in real estate transactions
- 26th Oct 2024
- 1175 Views
The Maharashtra government is preparing to modify stamp duty laws, affecting real estate and business. This document details the proposed modifications and their predicted effects.
- 4th Oct 2024
- 1201 Views
Maharastra has highlighted concerns over 212 housing projects constructed between January and April 2023. Without necessary construction updates, these projects violate rules and have forced MahaRERA to take significant action.
- 29th Sep 2024
- 1216 Views
Maharashtra homebuyers are frustrated with MahaRERA hearing delays, some of which last years. Slow resolution of real estate disputes undermines the Real Estate (Regulation and Development) Act, 2016, which was meant to speed up justice.
- 15th Sep 2024
- 1176 Views
The most Indian Green Building Council (IGBC)-registered projects are in Maharashtra, followed by Uttar Pradesh and Gujarat. Over 7,000 IGBC-certified projects encompass 1,370 million square feet of built-up area in India, demonstrating its dedication to sustainability.
- 6th Sep 2024
- 1209 Views
In a major milestone for Maharashtra's real estate sector, 87% of fifth MahaRERA real estate agents' test applicants passed. Out of 4,769 applicants, 4,165 are certified, expanding the state's real estate agent pool.
- 9th Aug 2024
- 1201 Views
The opening of Manohar International Airport in Mopa has made North Goa a top location for luxury property investments. High-end developments have increased due to this planned development, boosting the region's popularity. Ghar highlights 7 ways the new airport is boosting Mopa real estate.
- 31st Jul 2024
- 1211 Views
In Palghar, Maharashtra, the Vadhavan Port will transform marine and real estate. An all-weather Greenfield deep draft major port announced by Prime Minister Narendra Modi's Union Cabinet would boost India's marine capabilities and Palghar's real estate sector.
- 18th Jul 2024
- 1445 Views
The Bombay High Court held that the state deserves a fair return on its land in a landmark decision. Justices B P Colabawalla and Somasekhar Sundaresan stressed that leasing rates need not be cheap if they fail to cover inflation, administration fees, and escalation.
- 14th Jul 2024
- 1223 Views
Guide to stamp duty and property registration fees in Maharashtra’s urban and rural areas, including Mumbai, Nagpur, Pune, and more, in this comprehensive guide.
- 29th Jun 2024
- 1525 Views
Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the termination of sale agreements between a developer and purchasers who missed payment deadlines in an unprecedented action.
- 23rd Mar 2024
- 1429 Views
In a groundbreaking move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has unveiled draft guidelines aimed at revolutionizing housing projects for the elderly, making it a trailblazer in India for advocating the specialized housing needs of retirees.
- 12th Feb 2024
- 1250 Views