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Timeline needed for projects in Maharashtra with 51% consent: Activists
Publish on : 2021-09-15 18:09:34
MahaRERA chief Ajoy Mehta told TOI that in the coming week they would evaluate the status of the projects declared lapsed. “The authority will hold a meeting next week to work out a strategy to resolve the issue of lapsed projects.” PUNE: With over 3371 residential projects declared lapsed by the...
Pune civic body organises Lok Adalat to resolve pending property tax cases
Publish on : 2021-09-15 18:06:41
"As many as 500 cases will be resolved using this alternative dispute resolution mechanism. The civic body will offer 50% discount on penalty if the tax defaulter agrees to clear the dues," said Hemant Rasane, chairman of the standing committee. PUNE: The Pune Municipal Corporation (PMC) has orga...
E-registration of properties to commence from Oct 2: Maharashtra revenue minister
Publish on : 2021-09-13 13:41:25
“The registration department is ready with the software and the process will be officially rolled out from October 2. This will be for Rera-registered builders who will be given the software by the department after due checks. PUNE: State revenue minister Balasaheb Thorat said on Saturday that e-...
Tata Realty acquires entire equity stake held by Actis in Intellion Square
Publish on : 2021-09-08 13:00:00
Post the transaction, TRIL now owns 100% stake in TRIL IT4, which owns and operates an I.T. building, located in Malad. NEW DELHI: Tata Realty & Infrastructure (TRIL) has acquired entire equity share held by Actis TREIT Holdings No. 2 (Singapore) and 416 Listed NCDs held by Actis TREIT Holdings N...
MahaRERA flags 1,824 housing projects across state as 'expired'
Publish on : 2021-09-08 12:58:39
The projects would now need consent from 51% buyers for securing extension of the respective completion dates. There are 103 such projects that exceeded the deadline in 2017, 541 in the following year and 1,180 in 2019. PUNE: As many as 1,824 housing projects in the state have been declared as “e...
BMC to appoint fire & life safety auditors for low-rise buildings
Publish on : 2021-09-08 12:57:10
​​“The auditor will issue a fire safety compliance certificate in a prescribed format along with a schematic drawing showing various safety measures provided as per the codified fire safety requirements," an official said. MUMBAI: To fast-track construction approvals and ensure transparency, the...
Property registrations decline in August in Mumbai
Publish on : 2021-09-08 12:53:54
However, registrations continued to increase from a year earlier, because of a low base to compare with and purchases by women who are given a 1% cut in stamp duty. Property registrations in Mumbai, the country’s biggest real estate market, declined in August from the previous month, as the benef...
Bombay HC says refund by builder to buyers under RERA order not liable to TDS
Publish on : 2021-09-02 13:44:54
Several individuals who between 2015 and 2016 had booked flats in a real estate project at Malad (west) had sought orders from HC for recovery of arrears under a recovery warrant of 2018 passed by the Maharashtra Real Estate Regulatory Authority (MahaRERA) against the builders. MUMBAI: The Bombay...
Property registrations decline in August in Mumbai
Publish on : 2021-09-02 13:32:55
However, registrations continued to increase from a year earlier, because of a low base to compare with and purchases by women who are given a 1% cut in stamp duty. Property registrations in Mumbai, the country’s biggest real estate market, declined in August from the previous month, as the benef...
BMC to appoint fire & life safety auditors for low-rise buildings
Publish on : 2021-09-02 13:29:27
“The auditor will issue a fire safety compliance certificate in a prescribed format along with a schematic drawing showing various safety measures provided as per the codified fire safety requirements," an official said. MUMBAI: To fast-track construction approvals and ensure transparency, the BM...

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