Sanjay Bhoosreddy, chairman, UP-RERA said, "An affidavit of integrity is also taken from every officer and employee in RERA. CCTV cameras have been installed in all the rooms in RERA office." Source link...
April 2025
The apex court previously said thousands of homebuyers were affected by the subvention scheme, where banks paid 60 to 70 per cent of the home loan amount to the builders without projects being completed within the stipulated time. Source link...
Senior counsel Akshay Naik, assisted by Abhishek Bhoot, argued that the project did not involve any transfer or purchase of development rights or floor space index (FSI) from external sources. Source link...
The US-based EV major has leased a 30-seater office in a co-working hub located in Phoenix Market City with a monthly rental of Rs 3 lakh, marking a key step in setting up its local operational infrastructure. Source link...
The appointments, made under district collectors in six key districts, are intended to accelerate the compensation process under provisions of the Maharashtra Land Revenue Code, 1966. Source link...
The ‘e-TDR System' will ensure effective implementation of the Development Plan and provide clear information to landowners regarding the purchase of Transferable Development Rights (TDR). Source link...
Stamp duty on a property is usually around 6% to 7% of the total cost of a flat. While homebuyers, so far, paid stamp duty once their property was handed over by builders, they will now need to pay the money right at the time of booking. Source link...
The housing regulator had served notices to the developers of such lapsed projects and has so far received responses from 3,699 project developers stating that the housing project has been completed. Source link...
The first win came when he secured a valuable flat in Orchid Enclave in south Mumbai, through a settlement with the real estate redeveloper. Source link...
A senior police officer said that they use drones from time to time for extra surveillance of sensitive areas, but they will also use drones to check if anyone is constructing their residential or commercial structure beyond the permissable limits. Source link...