MahaRERA has made the information about the flats sold public

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The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed builders to publicly disclose if a particular apartment has been booked or sold. This has happened after receiving various complaints about illegal multiple transactions of flats.

Haryana government is ready to set up a Panchkula development body

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Panchkula: On Tuesday, June 8, the Haryana Chief Minister Manohar Lal Khattar announced the establishment of the Panchkula Metropolitan Development Authority(PMDA).

Kerala rushes one step closer to industrial development with GIFT city: report confirms

Scores of people must have seen the news channels flashing chunks of information on GIFT City; however, before one can trace clarity on the developmental projects, it is important to toss away the dilemma.

Union Cabinet approves the Model Tenancy Act

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After releasing the first draft in 2019, on 2nd June 2021, the Union Cabinet approved the Model Tenancy Act also known as the MTA to aid the rent economy in the estate sector and streamline the process of renting a property. This move will help overhaul the legal work in regards to renting a house […]

Pune municipal corporation extends property tax rebate till June 30

The pandemic has had a crippling effect on everybody, including the government. Since the real estate market was also knocked off course, the civic administration has struggled to keep its coffers from drying up.

CREDAI-MCHI advises the Maharashtra government to cut back on stamp duty

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The extended restrictions caused by COVID 19 have, by large, crippled the real estate industry in India and around the world. People have been cooped up in their homes for more than one year now, many have lost their jobs, and others are simply uncertain of their future.

The allotment of CIDCO housing scheme will begin from 1st July

When the financial city of India, Mumbai, was getting congested due to the migration, an urban township known as Navi Mumbai was planned. A new public sector undertaking was established to develop this new city known as CIDCO housing scheme or the City and Industrial Development Corporation of Maharashtra Limited. This new public sector undertook […]

What are Oxygen Concentrators, and how to use them?

With the present situation of India, you must have heard, “India needs oxygen and people are dying, and nobody’s concerned about that,” which later got the attention of the supreme court and asked to be delivered oxygen cylinders.

NAREDCO has sought relief measures for the builders amid pandemic

On Wednesday, the real estate body, NAREDCO declared that it has requested the Chief Minister of Uttar Pradesh, Yogi Adityanath to provide relief measures to the real estate developers amid the CoronaVirus pandemic. They asked for an 18-month interest-free period for all the builders so that they can clear the lease rent, outstanding land dues, […]

CREDAI Maharashtra asks for an extension of four months for the registration of properties

Confederation of Real Estate Developers’ Associations of India (CREDAI), an apex body of private real estate developers, is attempting to get a four months extension of property documents which were executed in December 2020.

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