Real Estate Latest News | TeamUP real estate brokers network

Latest News

Priyanka Chopra sells commercial property in Mumbai's Lokhandwala

Publish on : 2023-04-17 17:11:24

The office space spread over 1,781 sq ft carpet area with 465-sq-ft terrace was leased to the dentists earlier at Rs 2.11 lakh per month. The sale transaction was concluded and registered on April 6. Actor and producer Priyanka Chopra, currently busy with her assignments in Hollywood, has sold a...

Homebuyers seek damages from MahaRERA for project information update delay

Publish on : 2023-04-17 17:10:04

Maharashtra Real Estate Regulatory Authority (MahaRERA) recently issued show cause notices to developers of 19,500 projects as they had not updated the mandatory project information according to Real Estate (Regulation and Development) Act. PUNE: A pan-India homebuyers’ association, Forum for Peo...

Fashion designer Sandeep Khosla buys apartment in Mumbai for over Rs 25 crore

Publish on : 2023-04-17 17:08:19

The apartment spread over 4,166 sq ft in C wing of the ready-to-move development off Juhu Versova Link Road has attracted stamp duty of over Rs 1.54 crore. The gated project spread over 3 acres has just 173 residences. Fashion designer Sandeep Khosla, co-owner of label Abu Jani and Sandeep Khos...

Thane: Lens over illegal buildings & structures in Yeoor Hills

Publish on : 2023-04-17 17:06:34

The directives were issued on Thursday at a follow-up meeting called by Mungantiwar in Mumbai with senior officials of the concerned agencies after a delegation of Yeoor locals and activists approached him. THANE: Minister of forests, Maharashtra, Sudhir Mungantiwar, has directed the Thane munici...

MahaRERA issues notices to 261 projects with slow progress

Publish on : 2023-04-03 11:13:10

The projects in all have a total of 45,539 flats, of these 26,178 flats are booked by home buyers. The MahaRERA has issued these notices only on the basis of the information submitted to it by the developers. MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued show-caus...

Property registration rush ahead of new ready reckoner rates in Maharashtra

Publish on : 2023-04-03 11:11:08

Property registration officials said citizens are carrying out last-minute property registrations to avoid the new RR rates that will come in effect from April 1. PUNE: Days before the announcement of the new ready reckoner (RR) rate, the number of properties registered was almost double the norm...

Chosen builder to finish redevelopment, not Mhada, petitioners tell Bombay HC

Publish on : 2023-04-03 11:09:27

Justices Gautam Patel and Neela Gokhale were hearing a petition about 44 members of Ratilal Mansion at Parekh Street who have not only been out of their homes since 2009, but not received transit rent since 2013. MUMBAI: Residents of a Girgaum building where redevelopment halted a decade ago told...

Maharashtra government decides not to hike ready reckoner rates for FY24

Publish on : 2023-04-03 11:07:30

The Ready Reckoner rates are guidance values for property transactions in a specific locality and are used for calculation of stamp duty charges and taxes. The development charges and other premiums paid by the builders to civic bodies are also determined based on these rates. In a major relief t...

Over Rs 5,300 crore recovered by BMC in property tax by end of FY23

Publish on : 2023-04-03 11:05:44

Significantly, the BMC had initially announced a tax target of Rs 6,000 crore for the fiscal 2022-23, which it revised to 4,800 crore earlier this year. The civic body's total collection for the previous fiscal stood at Rs 5,792 crore. MUMBAI: With the end of the financial year, the Brihanmumbai...

Maharashtra SOS to centre as ED probe stalls SRA projects

Publish on : 2023-04-03 11:04:06

There are nearly 12.5 lakh slum units in the city, housing 62 lakh residents. Since its formation 23 years ago, the SRA has provided new apartments to around 2.1 lakh families. MUMBAI: As part of its initiative to revive and fast-track the 380 stalled slum redevelopment projects in the city, the...