Browsing Tag

maharashtra

50 posts
MHADA

MHADA to Build One Lakh Homes in Two Years Under Maharashtra’s Affordable Housing Initiative

Maharashtra government, through MHADA, is set to develop one lakh affordable homes statewide within two years. The initiative includes rental housing, hostels, and eco-friendly redevelopment. A recent Pune Board lottery for 3,662 homes received overwhelming participation, reaffirming public trust in MHADA’s transparent allocation system.
MahaRERA

MahaRERA Cracks Down on 11,000 Lapsed Housing Projects

MahaRERA has issued show cause notices to nearly 11,000 lapsed housing projects across Maharashtra, urging developers to submit Occupancy Certificates or seek deadline extensions within 30 days. Non-compliance could result in project suspension, restricted flat sales, and frozen bank accounts.
MHADA

MHADA To Hold Street Plays, Stall at Railway Station To Get buyers for Homes

The Konkan Housing and Area Development Board of MHADA has launched a campaign to promote the sale of flats under its First-Come, First-Serve scheme for EWS, LIG, and MIG categories. The campaign includes 29 stalls set up across key locations to assist with registration and provide project details from December 2 to 11, 2024.
MahaRERA

MahaRERA Recovers ₹200.23 Crore as Compensation for Homebuyers

MahaRERA has recovered Rs 200.23 crore in compensation for homebuyers, enhancing recovery efforts with the appointment of retired Tahsildars in Mumbai suburban and Pune. The authority is working to ensure developers meet compensation orders for delayed or incomplete real estate projects.
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.

Maharashtra’s Property Market Eyes Major Reforms With Formation of the New Government

As the Mahayuti alliance prepares to form the new government in Maharashtra, the real estate sector is anticipating major reforms aimed at reshaping the industry. Key industry leaders are calling for streamlined project approvals, improved infrastructure connectivity, and policies supporting affordable housing and luxury developments. These reforms are expected to drive economic growth, foster sustainable urban development, and position Maharashtra as a leading investment hub on the global real estate map.