Buying a House? Beware! These Real Estate Projects Are Up for De-registration

If you’re looking to buy a home in Maharashtra, you need to be cautious! MahaRERA has announced the de-registration of five real estate projects, potentially affecting homebuyers and investors. If you have concerns, you have only 30 days to submit objections. Find out which projects are affected and how you can act to protect your investment.

Robust Investments Bolster Warehousing & Logistics Sector in 2024

The Indian warehousing and logistics sector witnessed a remarkable investment surge in 2024, reaching USD 1.96 billion. Driven by quick commerce expansion and infrastructure growth, the sector also saw record absorption of 44.9 million sq. ft. Mumbai and Pune emerged as the biggest gainers, while NCR faced a significant decline.

Possession Without an Agreement for Sale? MahaRERA Cracks Down on Builder

In a shocking turn of events, homebuyers in Gagan Nulife Phase 1 took possession of their flats without an Agreement for Sale. MahaRERA has now stepped in, ordering Gagan Lifespaces to execute the agreement within 60 days, ensuring buyers’ legal rights.

Maharashtra Government Directs Builders to Not Hire Bangladeshi Workers

The Maharashtra government has instructed builders and contractors in Mumbai to not hire Bangladeshi workers and to report any such workers to the police. BJP MLA Atul Bhatkhalkar announced the directive, emphasizing compliance as a security measure. Industry stakeholders are discussing its impact on the labor force.

Embassy Developments Ltd. Signs Rs 1,125 Crore Land Deal with Lam Research in Bengaluru

Embassy Developments Ltd. has entered into a Rs 1,125 crore agreement with Lam Research for the sub-leasing and sale of 25 acres in Whitefield, Bengaluru. The deal reflects the growing demand for industrial real estate in the city’s technology sector.