Browsing Tag

Real Estate

425 posts
Nama Xana, Worli

Mumbai Sees India’s Costliest Home Sale at Rs 639 Crore

Mumbai’s luxury real estate market witnesses a historic event as a Rs 639 crore deal for sea-facing duplex apartments in Worli sets a new national record for residential property sales.
MahaRERA circular 34A/2025 updates guidelines for hearing complaints under the RERA Act, prioritizing seniority based on filing date

MahaRERA Updates Guidelines for Hearing Complaints, Prioritizes Seniority

MahaRERA has issued a new circular revising the guidelines for hearing complaints filed under Section 31 of the RERA Act. The circular emphasizes that complaints will generally be heard based on the seniority of their filing date, with exceptions for cases involving serious illness, order reviews, settled disputes, and other specific circumstances.  

Gokuldham Residents May Opt for Self-Redevelopment

Residents of Gokuldham mill workers’ colony in Goregaon East are showing strong interest in self-redevelopment of their aging buildings, seeking more control and transparency compared to traditional builder-led models. An awareness session led by architect Chandrashekhar Prabhu highlighted the benefits and process of self-redevelopment, emphasizing community empowerment and efficient urban renewal.
Mumbai's rental agreement data for Q1 2025 shows a strong shift to e-registration, with 88,267 of 96,322 agreements completed online. Includes monthly breakdown of e-registrations and physical registrations.

Mumbai’s Rental Agreements Increasingly Go Digital: 88,267 E-Registrations Recorded in Q1 2025

In the first three months of 2025, Mumbai saw 96,322 rental agreements registered. A significant 88,267 of these were e-registrations, indicating a strong trend towards digital processing in the city’s rental market.
MahaRERA Appellate Tribunal rejects developer Nitin Navgire's appeal due to a 23-month delay in restoration request, citing lack of sufficient cause and repeated non-compliance.

MahaRERA Appellate Tribunal Rejects Developer’s Appeal Over Delay in Filing

The Maharashtra Real Estate Appellate Tribunal has dismissed an appeal by developer Nitin Navgire, citing an unjustified 23-month delay and failure to comply with RERA’s legal requirements.