The Supreme Court, on 4 November 2019, prohibited all construction and demolition activities in the region, along with the burning of garbage and waste in order to enact the severe air pollution in Delhi-NCR as ‘atrocious’. The apex court said, because of the ‘worsening of emergency’, people cannot ‘left to die’, the people engaged in […]
Supreme Court bans construction, demolition, waste burning in Delhi-NCR.more
On Tuesday, Finance Minister Nirmala Sitharaman flagged concerns about the real estate sector problems, saying that much attention is needed in the ailing industry. “The Indian Government is extremely committed to and works with RBI to see how best we can change existing legislation, where it is required, and assist the people in this particular sector […]
The government is working on reviving the real estate sector, says Nirmala Sitharaman.more
Maharashtra Metro Rail Corporation Limited will seek guidance from the new state government on the implementation of future phases of the city’s mass transportation system. Brijesh Dixit, Managing Director of Maharashtra Metro Rail Corporation Limited (MahaMetro), said, “We plan to consult with the state government to seek direction for future phases. Pune City has many […]
MahaMetro officials seek to consult new government for the future metro routes.more
As per the latest amendments made by MahaRERA, from 1st December onwards, all developers who are registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA) will have to provide details about the developer’s body with whom they are linked with. Officials from MahaRERA said that the amendments under Section 34 of the MahaRERA Act have been […]
MahaRERA update: Builders need to provide SRO details from 1st December.more
Even individual homebuyers who take builders to bankruptcy court, demand by the rattling property developers of Delhi-NCR says that all consumer complaints by regulator RERA be heard before insolvency proceedings have been initiated. According to CREDAI, around 450 real-estate companies/projects across the country face insolvencies under the Insolvency and Bankruptcy Code (IBC), due to defaults […]
Delhi-NCR developer demands that a homebuyer complaint should be first drawn to RERA before NCLT.more
One of Brihanmumbai Municipal Corporation (BMC)’s most ambitious projects the Goregaon-Mulund Link Road (GMLR), has reached a roadblock with a report from the National Board for Wildlife (NBWL) seeking a municipal government to conduct an environmental impact assessment before, during and after the project’s completion. In February of this year, the NBWL had settled the GMLR […]
Goregaon-Mulund link road project gets on hold as NBWL demands environmental impact report.more
In Malad West at Orlem, owners of almost 10 bungalows, claiming they live there for decades, were allegedly told a member of a neighbouring colony of sweepers to incorporate them without their knowledge in a Slum Rehabilitation Authority (SRA) scheme. The 10 bungalows in D’Monte Lane received notifications of demolition after their owners were considered as […]
Ten Bungalows at Malad West have been allegedly marked under Slum Rehabilitation Authority Scheme.more
The High Court of Bombay said that a housing society that terminated their redevelopment agreement with a developer due to delay and then took over redevelopment through judicial decisions cannot be held liable, under RERA, as a ‘promoter’ for buyers that have reserved free sale flat. Justice S C Gupte nullified an order from the City Court […]
A society which has taken on the redevelopment under RERA is not liable for free sale flats.more
The real estate regulator of Maharashtra allowed homebuyers to complete a stuck project in Pune run by the stressed company DSK Group. More than 90% of the project has been christened “Sadaphuli” in Talegaon is finished in six years since it was launched, while buyers who have booked their apartments will now finish the rest, […]
MahaRERA in Pune allows home-buyers to complete stressed project of DSK group.more
Property Websites that go beyond advertisements and allow developers and home buyers to sell/purchase must be registered with the Maharashtra Real Estate Regulatory Authority (MahaRERA) within the next two months. The housing authorities have determined that such websites could be defined as real estate agents. In a recent order, the regulatory officer has indicated that portals […]
Real Estate Websites have to register with MahaRERA in next 2 months.more