MHADA Receives Over 50,000 Applications for 2030 Homes in Mumbai Lottery; Deadline Extended

MHADA’s housing lottery for 2,030 homes in Mumbai has received over 50,000 applications, with the deadline extended to September 19. The authority has also reduced prices for 370 units.

CIDCO Files Complaint Against Dumper Owner and Driver for Illegal Dumping

CIDCO has filed a complaint against a dumper owner and driver for illegally dumping debris on CIDCO land in Navi Mumbai. The action follows a recent interception at Vashi Toll Naka, with CIDCO urging the public to report illegal dumping through their website or local police stations.

MahaRERA Launches New Website MahaCRITI

MahaRERA’s new website, MahaCRITI, went live on September 1, 2024, offering instructional videos and online training to users. The platform aims to streamline real estate processes, with over 2,700 users already engaging, including updates and new registrations by developers and real estate agents. The training has reached around 550 developers, 350 agents, and 250 lawyers, ensuring effective use of the new portal for managing real estate tasks and complaints.

Union Cabinet Sanctions Transfer of 256 Acres for Dharavi Redevelopment Project

The Union Cabinet has sanctioned the transfer of 256 acres of salt pan land to the Maharashtra government for the Dharavi Redevelopment Project. Located in Mulund, Bhandup, and Kanjurmarg, the land will be used for housing non-eligible Dharavi residents and constructing new residential units. The project aims to address Mumbai’s housing crisis, but faces challenges, including delays and community opposition.

CapitaLand Investment to More Than Double Investments in India by 2028

CapitaLand Investment Limited (CLI) has announced a major expansion plan to more than double its investments in India by 2028. The company aims to increase its funds under management in India from S$7.4 billion to over S$15 billion. CLI’s growth strategy includes expanding its business parks, logistics, data centers, and lodging portfolios, while also exploring new opportunities in renewable energy and real estate private credit. This move underscores India’s strategic importance and CLI’s commitment to enhancing its footprint in the country.