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Latest News
Covid moratorium benefit not for plan-flouting builder: MahaRERA
Publish on : 2023-05-29 16:04:00
The benefits of the moratorium are meant for projects following the sanctioned plan, said MahaRERA chairman Ajoy Mehta, in a recent order. A benefit or a privilege is extended to entities that operate within the four walls of law, the order said. MUMBAI: In an order that will serve as a warning t...
BMC releases list of 226 dilapidated buildings in Mumbai
Publish on : 2023-05-29 16:00:49
Of the 226 structures, the western suburbs account for the highest 126, followed by eastern suburbs with 65 and 35 in the island city, the release said. MUMBAI: In light of the upcoming monsoon season, the Brihanmumbai Municipal Corporation (BMC) on Friday released a list of 226 dilapidated build...
MahaRERA attaches flat of Green World's promoter over failure to refund Rs 80 lakh
Publish on : 2023-05-29 15:57:56
The promoter has not only deprived the homebuyer of the flat, but the promoter has also sold the flat to another person. In the meanwhile, the promoter moved the MREAT against the MahaRERA order and even the high court. THANE: The Thane revenue authorities have managed to attach a flat of a promo...
MahaRERA orders Rs 7 crore refund for 12, but defers payment till Dec 2023 for project completion
Publish on : 2023-05-29 15:54:41
Under the subvention scheme, nine allottees will receive their payments without interest, while three buyers will receive full refunds with interest. The refund amounts are up to Rs 1 crore in each case, totalling over Rs 7 crore MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRER...
SC rejects Godrej & Boyce appeal for additional TDR at Vikhroli
Publish on : 2023-05-29 15:52:05
In July 1994 through its architects Worthy Enterprises, Godrej & Boyce made an application to surrender 31,057.5 sq metres (7.7 acres, across two plots) which was reserved under the 1991 DP for recreation ground. MUMBAI: The Supreme Court has rejected the claim of Godrej & Boyce Manufacturing Com...
Maharashtra state cooperative bank set to fund redevelopment of housing colonies
Publish on : 2023-05-29 15:47:48
Vidyadhar Anaskar, administrator, MSC Bank, said that the allocation is expected to benefit at least 50 old housing societies. PUNE: The Maharashtra State Cooperative (MSC) Bank has announced loans for old housing societies planning to go in for self-development and allocated Rs1,950cr for the sa...
Bombay HC allows RNA Palazzo buyers to self-develop stalled project
Publish on : 2023-05-12 12:24:24
The order by a single-judge bench of Justice Riyaz Chagla came after the association and the builder, East &West Developers, consented to the passing of such an order on Tuesday. It comes as a major and uncommon relief for the flat purchasers of RNA Palazzo, a residential project in Kandivli. MUM...
Maharashtra: Self-redevelopment hopes hinge on single-window system
Publish on : 2023-05-12 12:21:25
Under self-redevelopment, residents of the society shoulder the onus of construction by appointing a developer and ensuring control over the project. PUNE: Members of around 1,000 cooperative housing societies in the city that are more than 30 years old are waiting for the implementation of the s...
Government directs Cidco to take action against Bhumiraj Builders in Parsik Hill cutting case
Publish on : 2023-05-12 12:17:26
On Thursday, the environment department filed an affidavit stating that a joint inspection found that the Bhumiraj Builders has cut a PCC pathway with lawn plantation and placed big plant pots, constructed a 50 meter gibbon wall, a concrete platform and erected a hoarding in violation of the leave a...
Housing society can't shirk duty if house is rented: Maharashtra SCDRC
Publish on : 2023-05-12 12:14:49
"It is hereby declared that the opponent (society) has committed deficiency in service as well as unfair trade practice," Maharashtra State Consumer Disputes Redressal Commission said. MUMBAI: Observing that a housing society cannot shirk its responsibility of necessary maintenance only because t...

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