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.

Mumbai Property Registrations Rise 5% in November 2024; Surge in Demand for Premium Properties

Mumbai’s property market saw a 5% year-on-year increase in registrations in November 2024, with a notable surge in demand for properties priced above ₹2 crore. The rise in registrations, coupled with a 30% increase in stamp duty collections, reflects a growing preference for premium housing.

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.

NAREDCO to Host Abu Dhabi Real Estate Conference 2024 with Ministry of Housing & Urban Affairs Support

The Abu Dhabi Real Estate Conference 2024, hosted by NAREDCO with support from the Ministry of Housing & Urban Affairs, will bring together leaders from India and the UAE to discuss innovation, sustainability, and investment opportunities in real estate, strengthening bilateral ties and promoting sustainable urban growth.

NAREDCO Maharashtra to Host Major Real Estate Forum in Mumbai

The National Real Estate Development Council (NAREDCO) Maharashtra Chapter will host The…