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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.

MahaRERA Order

MahaRERA Adjourns Complaint Against Karrm Infrastructure Amid Insolvency Proceedings

MahaRERA has adjourned a complaint filed by Gayatri Ramesh Gurudu against Karrm Infrastructure due to ongoing insolvency proceedings initiated by M/s. VSJ Investment Pvt Ltd. The complainant sought a refund for her booked flat in the Karrm Panchtatva-2 project but will need to pursue her claim through the Corporate Insolvency Resolution Process as per the National Company Law Tribunal’s order.
Mumbai Coastal Road to be a catalyst for real estate growth in Western Suburbs

Mumbai’s Property Market Shows Resilience with Rising Registration Figures and Revenue

Mumbai’s property market is witnessing a remarkable upswing, with October 2024 recording 12,714 registrations and generating ₹1,187 crore in revenue. This significant growth compared to the previous year highlights a recovering market fueled by favorable economic conditions and increasing buyer confidence. Explore the implications of this trend for both homebuyers and investors in the city.
MahaRERA

MahaRERA Clarifies Approval Process for Promoter Rights and Liabilities

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that promoters can change their organizational structure without needing prior consent from two-thirds of allottees. This move, stemming from Circular Nos. 24/2019 and 24A/2021, aims to streamline processes and enhance operational efficiency in the real estate sector while ensuring that allottee rights remain protected.
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 Sees Record Property Registration Revenue During Diwali Boom

In a remarkable display of market resilience, Mumbai’s property registrations hit a record high during the Diwali season, with October 2024 witnessing a revenue collection of ₹1,081 crore. This 52% increase over last year highlights a growing trend towards higher-ticket home sales, as the city embraces a festive boom in real estate activity.
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Kalpataru Projects International Reports Strong Q2 and H1 FY25 Results

Kalpataru Projects International Limited (KPIL) announces impressive financial results for Q2 and H1 FY25, highlighting a 9% rise in consolidated revenue and significant growth in EBITDA and PAT. The company also reports a robust order book of ₹60,631 crores and strong year-to-date order inflows.