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Stay updated with the latest news and trends in the realty sector. This tag encompasses various aspects of real estate including property developments, market insights, investment opportunities, and industry news, providing comprehensive coverage for real estate professionals and enthusiasts.
Get the latest news, trends, and insights in the real estate industry. This tag covers a wide range of topics including market analysis, property developments, investment opportunities, and residential and commercial real estate updates. Stay informed about the dynamics shaping the real estate sector.
Maharashtra Govt Approves ₹334 Crore Release Under PMAY-U 2.0 for 33,403 Urban Poor Families to Build Own Pucca Houses
The Maharashtra Government has sanctioned ₹334.03 crore (Centre ₹200.42 cr + State ₹133.61 cr) for 33,403 eligible urban poor families under PMAY-U 2.0 BLC (General category), enabling them to construct individual pucca houses in towns and municipal areas across the state. Funds to be disbursed via SNA-SPARSH system.
Investor Turned Flat Purchase Qualifies as ‘Allottee’ – Builder Ordered to Refund ₹20 Lakh + Interest
In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.