Browsing Tag

Navi Mumbai

55 posts
India’s real estate sector recorded USD 4.3 billion in PE investments across 60 deals in FY26, marking a 7-year high, with office assets leading and domestic capital hitting a multi-year peak.

Maharashtra Releases ₹5,585 Crore GST Compensation to Municipal Corporations for April–May 2026

The Maharashtra Urban Development Department has approved ₹5,585.68 crore in GST compensation for 29 municipal corporations covering April and May 2026, with BMC topping the list at ₹2,587.55 crore and Pune and Pimpri-Chinchwad close behind at ₹485 crore and ₹457 crore respectively.
In a scathing order, Bombay HC has exposed CIDCO’s 37-year-old “forgotten land” scandal in Navi Mumbai and ordered fresh acquisition under the 2013 Act with full compensation — a landmark blow for property rights.

CIDCO Took 280 sq.m Land for Navi Mumbai but “Forgot” Compensation — HC Orders Massive 2013 Act Payout

In a scathing order, Bombay HC has exposed CIDCO’s 37-year-old “forgotten land” scandal in Navi Mumbai and ordered fresh acquisition under the 2013 Act with full compensation — a landmark blow for property rights.
“After paying ₹10,500 in 1977 and waiting decades, she never got the flat she had booked and was ready to pay for — but the court has finally ordered her money back with interest.”

82-Year-Old’s Flat Sold by Impersonator: Bombay HC Cancels Fake Deeds, Sets Key Lesson for Buyers

In a fraud case, an 82-year-old’s flat was sold via impersonation. Bombay HC cancelled the fake deeds after the buyer admitted he was deceived—highlighting quick remedies for victims.
MahaRERA rules builder's one-sided termination — issued 4 years after homebuyers' complaint — cannot cancel statutory delay interest rights under RERA while project incomplete, granting interest from Jan 2022 till possession with OC in Ruparel Skygreens I case.

Bombay High Court Empowers Homebuyers: Grants Deemed Conveyance Relief to Society, Reinforcing Flat Owners’ Right Against Builder Delays

Bombay High Court empowers housing societies by ordering deemed conveyance in Kartik Regency case, ruling that builder defaults trigger statutory relief under MOFA — a blueprint for thousands facing non-conveyance issues.
The Maharashtra government has allotted a 14,600 sq m land parcel in Ulwe, Navi Mumbai to Tirumala Tirupati Devasthanams at a nominal rate of ₹1 per sq m for building the Sri Padmavati Ammavari Temple.

Maharashtra Govt Allots Ulwe Land to Tirumala Tirupati Devasthanams for Padmavati Ammavari Temple at ₹1 per Sq m

The Maharashtra government has allotted a 14,600 sq m land parcel in Ulwe, Navi Mumbai to Tirumala Tirupati Devasthanams at a nominal rate of ₹1 per sq m for building the Sri Padmavati Ammavari Temple.