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Real Estate

466 posts
MahaRERA

MahaRERA Issues Notice for Objections on Deregistration of Eight Real Estate Projects

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a notice inviting objections regarding the deregistration of eight real estate projects across the state. The projects, promoted by developers including Avishkar Developers, Anshul Bhosale Realty, and VSK Builders, are spread across Pune, Thane, Ratnagiri, Aurangabad, Kolhapur, Osmanabad, and Ulhasnagar. Homebuyers affected by these developments have been given 30 days to raise objections. The deregistration could impact property investments, and buyers are urged to verify their project status and respond accordingly.
MHADA

MHADA Extends Deadline for Lottery Applications

The Nashik Board of MHADA has extended the deadline for submitting applications for 502 flats under the 20% inclusive housing scheme. Applicants can now apply online until March 20, 2025, with EMD payments accepted until March 21. The lottery draw date will be announced soon. Interested buyers must apply only through MHADA’s official website to avoid fraud.
New home launches dominated sales in India's top 7 cities in 2024

New Home Launches Dominate Sales in Top 7 Indian Cities in 2024

India’s real estate market is witnessing a major shift, with newly launched homes accounting for 42% of total sales in 2024. Bengaluru and Chennai led with a 53% share of fresh supply absorption, while NCR saw remarkable growth in new project demand. As homebuyers prioritize affordability and future returns, leading developers are driving the trend with strategically located, well-planned projects.
Bharat Nagar

Supreme Court Clears Redevelopment of Bharat Nagar Slum in Bandra

The Supreme Court has ruled in favor of the redevelopment of Bharat Nagar slum in Bandra, dismissing objections raised by certain residents. The judgment confirms that the area qualifies for redevelopment under the Slum Rehabilitation Authority (SRA) regulations. Saarathi Realtors played a significant role in overcoming legal challenges, ensuring that the project can proceed without further delays.
Industrial and Warehousing real estate industry

JLL Facilitates NDR InvIT’s 0.9 Million Sq. Ft. Industrial Park Acquisition Near Surat, Boosting Gujarat’s Logistics Sector

JLL India served as the exclusive financial advisor for NDR InvIT Trust in acquiring a 0.9 million sq. ft. Grade A industrial warehouse near Surat. The fully operational industrial park, located in Kosamba and hosting blue-chip tenants, was acquired through a combination of cash and InvIT unit issuance. This strategic transaction strengthens NDR InvIT’s foothold in Western India’s rapidly growing logistics market, further enhancing its Assets Under Management (AUM) to approximately 19.01 million sq. ft. as of Q3FY2025.