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Property registrations in Mumbai up 24% in February
Publish on : 2024-03-04 11:17:05
In February last year, 9,684 units were registered, real estate consultant Knight Frank India said, which sourced the data from the Maharashtra government. NEW DELHI: Registration of properties in the Mumbai municipal area rose 24 percent annually to 12,040 units so far in February, on better dem...
Mumbai police arrests SVK project LLP directors for defrauding flat buyers
Publish on : 2024-03-04 11:15:02
Manoj Champaklal Shah, 72, and Suresh Shroff, 65, directors of SVK project LLP, were arrested by the Economic Offences Wing's Unit 2 for defrauding 10 flat buyers of Rs 11.50 crores in a redevelopment project in Vile Parle. MUMBAI: A 72-year-old and his 65-year-old partners of a construction firm...
Maharashtra government plans transit-oriented development near metro, monorail stations
Publish on : 2024-03-04 11:13:03
The state government plans to increase footfalls in Metro and monorail by introducing a new regulation for transit-oriented development (TOD) zones. MUMBAI: In a bid to increase footfalls in Metro and monorail, the state govt has decided to incorporate a new Regulation 33(23) to deal exclusively...
Mumbai: Beauvue Stiledivita directors booked for cutting corners on interiors of Worli flat
Publish on : 2024-03-04 11:10:56
EOW files FIR, and directors deny allegations. Rs 80 crore apartment on Dr Annie Besant Road. The complainant alleges breach of contract, advance payment, and inspection issues. Selection of marble, granite, and furniture involved. MUMBAI: Two directors of an interior designing firm who took a Rs...
Maharashtra's property registration department achieves 83% of revised 2023-24 revenue target
Publish on : 2024-03-04 11:06:30
he department has been earning over Rs3,500 crore every month, a registration department said on Friday. PUNE: The property registration department has achieved 83% of its revised revenue target of Rs50,000 crore for 2023-24 with over two lakh monthly registrations between April 1 and Feb-end....
Maharashtra CM lays foundation of Mumbai metro line-12
Publish on : 2024-03-04 11:04:04
Metro Line 12 incorporates a completely elevated structure with 19 stations along the 22.173 km route. The estimated cost of this project, expected to be completed by end-2027, is around Rs 5,865 crore, as per an official release. MUMBAI: Maharashtra Chief Minister Eknath Shinde on Sunday laid th...
SRA rehabilitation buildings’ defect liability goes up to 10 years
Publish on : 2024-02-26 10:34:55
In a circular issued on Wednesday, SRA said revised letters of intent are to be issued mentioning the 10-year defect liability period MUMBAI: The defect liability period for slum rehab buildings has been raised from three years to 10 years. Satish Lokhande, CEO, of Slum Rehabilitation Authority (...
Suhana Khan buys about 1.8 acres land parcel in Alibaug
Publish on : 2024-02-26 10:32:55
Actress Suhana Khan, daughter of Bollywood icon Shahrukh Khan, has purchased a property in Alibaug, a prestigious beachfront area popular among Mumbai's affluent, for over Rs 10 crore, inclusive of stamp duty charges. Actress Suhana Khan, daughter of Bollywood star Shahrukh Khan, has acquired a p...
Luxury & sustainable real estate takes center stage at The Economic Times Real Estate Conclave & Awards 2024
Publish on : 2024-02-26 09:53:02
2024 witnesses a gathering of top real estate stakeholders sharing their views on some of the pertinent issues of the Indian real estate sector. NEW DELHI: Luxury real estate which has seen an upswing in the last year in India, according to several industry reports, and sustainable construction w...
EOW files case against Paramvir Developers for financial irregularities of Rs 78 crore
Publish on : 2024-02-26 09:47:34
This will be the first time since its formation that the regulatory body registered a complaint with the EOW based on a forensic audit of the project. The EOW has estimated the fraud amount to be Rs 78 crore. MUMBAI: The Economic Offences Wing (EOW) on Friday registered an offense against Par...

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