Browsing Tag

maharashtra

29 posts
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.
MahaRERA

MahaRERA’s Conciliation Forum Redresses 1,749 Complaints

MahaRERA’s Conciliation Forums have redressed 1,749 complaints from homebuyers, emphasizing timely and amicable resolutions. With 533 ongoing hearings and expanding operations, the initiative is gaining traction both within Maharashtra and in other states seeking to adopt similar models.
Modi wants to build 3 crore homes for urban and rural poor

Maharashtra Government Allocates ₹8,100 Crore for PMAY (Urban) 2.0

The Maharashtra government has announced an allocation of ₹8,100 crore for the implementation of Pradhan Mantri Awas Yojana (Urban) 2.0. This initiative aims to provide affordable housing to urban residents, offering financial subsidies to eligible homebuyers. To qualify, applicants must not own any residential property in the country
MHADA

MHADA Konkan Board Directs Developer to Cease Additional Fees for EWS Flat Winners in Dhokali

The Maharashtra Housing and Area Development Authority (MHADA) has directed a Thane-based developer to cease additional fee demands from 132 EWS flat winners in Dhokali. This decision ensures beneficiaries can purchase their flats at the originally advertised prices without unexpected financial burdens, upholding the guidelines of the 20% All-Inclusive Scheme.
Court 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.