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MahaRERA Limits Tenure of SRO Representatives, Sets Expertise Requirement

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has capped the tenure of Self-Regulatory Organisation (SRO) representatives at two years. It also mandates that representatives assisting with housing project registrations must be experts in legal, financial, or technical domains. This move aims to enhance the efficiency and transparency of the registration process while avoiding conflicts of interest.

NAREDCO Submits Budget Recommendations to Boost Real Estate Sector

NAREDCO, has submitted detailed recommendations for the FY 2025-26 Union Budget. The proposals focus on increasing funding for affordable housing, granting infrastructure status to the housing sector, improving urban infrastructure, and expanding rental housing. NAREDCO also suggests tax reforms and incentives to boost demand and support sustainable growth in the real estate industry.

How Many Real Estate Projects Has MahaRERA Suspended In Your District?

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registration of 1,905 real estate projects across the state due to compliance and progress issues. Pune leads with 487 suspended projects, followed by Mumbai Suburban and Palghar. Additionally, 45 projects have voluntarily withdrawn their registrations, reflecting the ongoing challenges in Maharashtra’s real estate sector.

Rubrik Secures 207,000 Sq. Ft. Office Space at Embassy TechVillage, Bengaluru

Rubrik has secured a 207,000 sq. ft. office space at Embassy TechVillage, Bengaluru, through an Agreement to Lease facilitated by Colliers India. This move highlights Rubrik’s commitment to fostering innovation and collaboration in India, leveraging the world-class facilities of Embassy REIT’s flagship property.

Rula Ke Gaya Ishq Tera Singer Stebin Ben Buys Duplex Worth Rs 6.67 Crore in Bandra

Stebin Ben, the voice behind hits like ‘Rula Ke Gaya Ishq,’ has acquired a duplex apartment worth Rs. 6.67 crore in Mumbai’s upscale Bandra locality. The luxurious property boasts a spacious layout and prime location, adding to the singer’s portfolio.”