Hiranandani Group Partners with Krisala Developers for Rs 7000 Crore Integrated Township in Pune

Hiranandani Group makes a grand entry into Pune’s real estate market through a joint development with Krisala Developers. The 105-acre integrated township in North Hinjewadi will feature residential, commercial, and retail spaces, with Phase I spanning 30 acres and a projected turnover of Rs 2100 crore.

How Many Real Estate Projects Has MahaRERA Suspended In Your District?

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registration of 1,905 real estate projects across the state due to compliance and progress issues. Pune leads with 487 suspended projects, followed by Mumbai Suburban and Palghar. Additionally, 45 projects have voluntarily withdrawn their registrations, reflecting the ongoing challenges in Maharashtra’s real estate sector.

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.

Rajiv Bajaj’s Rishabh Family Trust Acquires Land in Pune for Rs. 72 Crore

Rajiv Bajaj’s Rishabh Family Trust has acquired a 1.15-acre land parcel in Pune’s upscale Koregaon Park for Rs. 72 crore. The deal includes a bungalow and outhouse, and was registered in December 2024, showcasing the growing demand for high-end real estate in the region.

MahaRERA Dismisses Broker’s Complaint for Brokerage Payment, Cites Lack of Legal Provision

MahaRERA has dismissed a real estate agent’s complaint against a builder over unpaid brokerage for a project, stating there is no provision under RERA to adjudicate such claims. The authority clarified that agents should rely on formal agreements for commission disputes.