Browsing Tag
ready reckoner
14 posts
Bombay HC Quashes ₹3 Cr+ Stamp Duty Demand on Romell Real Estate’s Malad Slum Project
Bombay HC quashes ₹3 Cr+ stamp duty demand against Romell Real Estate in Malad slum redevelopment case. Court rules Permanent Transit Camp (PTC) cannot be added to consideration per Guideline 26 & holds CCRA order time-barred beyond 6-year limit under Section 53A.
Builders Must Secure 25% Real EWS Buyers Before Getting Extra FSI Under PMAY
Maharashtra now requires builders under PMAY-U 2.0 to secure registration of at least 25% genuine EWS buyers before unlocking additional FSI benefits if EWS unit prices exceed Ready Reckoner rates by over 20%. The new GR also caps built-up area at 1.4 times carpet area and mandates key NOCs to ensure transparency and real affordability.