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Listed developers see their debt going down

Top 8 Listed Developers Slash Debt by 54% in Q1 FY25

The top eight listed developers in India have reduced their net debt by 54% in Q1 FY25, supported by a significant increase in booking values. The surge in residential sales across key cities marks a strong recovery in the sector.
  • October 10, 2024
MahaRERA Order

314 Housing Projects in Maharashtra Facing Insolvency

A total of 314 housing projects in Maharashtra are undergoing insolvency proceedings, prompting MahaRERA to release a public list to safeguard homebuyers. The ongoing, lapsed, and completed projects have significant investments at stake, highlighting the need for transparency and informed decision-making in the real estate sector.
  • October 10, 2024
MHADA

MHADA Pune Board Announces Lottery for 6,294 Homes

The Pune Housing and Area Development Board has announced an online lottery for 6,294 housing units, set to take place on December 5, 2024. Registration opens on October 10, 2024, with multiple schemes available to benefit prospective homeowners.
  • October 9, 2024
MHADA

MHADA issues Tender for Abhyudaya Nagar Redevelopment

The Mumbai Board of MHADA has released a tender for the redevelopment of Abhyudaya Nagar Colony, following government approval. This project aims to improve living conditions for approximately 15,000 residents, offering modern amenities and expanded living spaces after years of delays.
  • October 9, 2024
CA Shailesh Dedhia, BJP Mumbai Professional Cell President, has urged PM Modi to repeal the probate requirement affecting only certain communities in Mumbai, Kolkata, and Chennai.

PM Modi Launches Development Projects Worth Over Rs 7,600 Crore in Maharashtra via Video Conferencing

Prime Minister Narendra Modi launched several key development projects in Maharashtra, totaling over Rs 7,600 crore. The initiatives include the inauguration of 10 government medical colleges, upgrades to major airports, and the establishment of skill development centers, aimed at enhancing infrastructure and empowering the youth.
  • October 9, 2024