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Realty

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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.

MHADA

MHADA Reduces Monthly Service Charges for 9,409 Flat Owners in Virar Bolinj Housing Complex

MHADA has reduced monthly service charges for 9,409 flat owners in the Virar Bolinj Housing Complex, benefiting low-income and middle-income residents. The new charges come with additional relief, including a waiver of late payment fees and a 50% discount on COVID-19 service charges.
Maharashtra fire safety regulations

Maharashtra Strengthens Fire Safety Regulations: A 5-Year Review

The Bombay High Court has called on Maharashtra to fast-track stronger fire safety regulations after the Chembur fire tragedy. Chief Minister Eknath Shinde has pledged swift action to implement fire evacuation lifts and advanced safety technologies, particularly in high-rise buildings.
MHADA

MHADA Konkan Board Announces Lottery for 12,626 Housing Units and Plots

The Konkan Housing and Area Development Board (MHADA) has announced a lottery for 12,626 housing units across multiple regions, including Thane and Palghar, with registration commencing on October 11, 2024. The lottery aims to provide affordable housing options, with 11,187 units available under the First-Come, First-Served scheme. The draw for eligible applicants is scheduled for December 27, 2024.
Rapid-urbanisation-of-Thane

Thane Sees Sharp Rise in Under-Construction Property Prices: 19.5% Increase in Q3, Reaching INR 16,455 per sq ft

Thane’s property market sees a 19.5% rise in under-construction home prices, reaching INR 16,455 psf in Q3 2024. Despite rising prices, demand remains strong, driven by infrastructure projects and proximity to Mumbai.
Foreign universities in India could save US$113 billion in forex, serve over 560,000 students and create 19 million sq ft of education real estate demand, says a Deloitte–Knight Frank report.

Mumbai MMR Residential Market Sees Growth: Sales and Transaction Values Surge in September Quarter

Residential transactions in Mumbai’s Metropolitan Region surged by 7% in the September quarter, with sales value increasing by 10%. Godrej Properties topped the sales charts, while peripheral suburbs saw high demand for affordable homes.