Senior citizens of Lavasa hill station reach out to Maharashtra CM to revive project, Real Estate News, ET RealEstate

PUNE: Senior citizens of Lavasa hill station project have written to chief minister Uddhav Thackeray, urging him to revive the scheme. In their letter, the senior citizens said it has been 34 months since Lavasa approached the National Company Law Tribunal (NCLT), but there is no final decision or resolution on who can take over […]

Maharashtra cabinet nod to amend co-operative societies act, Real Estate News, ET RealEstate

MUMBAI: The Maharashtra cabinet on Wednesday passed a proposal to amend the Cooperative Societies Act 1960 to ensure that members will not lose their voting rights during the next elections to their respective societies. As per the current provisions of the law, a member must attend at least one meeting of the cooperative society in […]

BMC allows housing societies to hold vaccination drives within their premises, Real Estate News, ET RealEstate

MUMBAI: Soon, Covid-19 vaccination drives will come to your doorstep. The BMC is permitting housing societies to tie up with private hospitals to hold these drives within their premises, subject to availability of stocks. Hospitals will have to ensure all protocols are followed during the drive. These vaccines will come at a cost fixed by […]

Bombay HC dismisses condominium plea for business park in south Mumbai, Real Estate News, ET RealEstate

MUMBAI: Bombay high court on Thursday dismissed petitions filed by CIPLA and others challenging the registration of Peninsula Business Park commercial complex cooperative society under the Maharashtra Cooperative Societies Act and denying a plea of its formation as ‘PBP condominium’ under the state apartment ownership law. The commercial Towers at Lower Parel had its premises […]

Maharashtra court, Real Estate News, ET RealEstate

MUMBAI: The Maharashtra state cooperative appellate court has said a tenant or a leave and licence holder has the right to park their car in the space allotted to a member on the society premises. It has “temporarily restrained” a cooperative housing society at Nepeansea Road from preventing a flat owner from allowing a person […]

CIDCO to auction 106 plots in Navi Mumbai for residential development, Real Estate News, ET RealEstate

MUMBAI: The government of Maharashtra’s city planning authority the City and Industrial Development Corporation (CIDCO) is auctioning a total 106 plots in Navi Mumbai’s Kharghar, New Panvel, Nerul, Ghansoli and Airoli locality. These plots ranging from 39 sq meter to 436 sq meter will be offered on a long-term lease of 60 years. Any entity […]

GR mooted deemed conveyance adalat in 2013, none held so far, Real Estate News, ET RealEstate

PUNE: Citizen activists have written to the district collector and the state government drawing attention to the non-implementation of a government resolution issued in 2013 by the housing department to hold a deemed conveyance adalat every month. The adalat to be headed by district collectors was to resolve issues related to deemed conveyance. As per […]

Maharashtra CM, Real Estate News, ET RealEstate

PUNE: Deputy chief minister Ajit Pawar on Friday said the Maha Vikas Aghadi (MVA) government was working on various plans for solving the housing problems of police personnel in the state. “We can request a builder to handover his land for police housing and, in return, we shall give him an extra FSI (floor space […]

Amid Covid chaos, NRIs rush to buy homes in India, Real Estate News, ET RealEstate

MUMBAI | BENGALURU: The global Indian is coming home — to a grand reception from home sellers. NRIs are scooping up properties in India with unprecedented enthusiasm. And the reasons aren’t far to seek: Record low borrowing costs, stamp duty cuts in key markets, and the anxiety stoked by the pandemic. Attractive offers and product […]

Maharashtra home minister, Real Estate News, ET RealEstate

Representative Image NAGPUR: The Maharashtra State Police Housing and Welfare Corporation will construct one lakh quarters for police personnel, home minister Anil Deshmukh said on Sunday. Speaking at the inauguration of a DGP camp office and police residential units in Nagpur’s Pachpaoli and Teka, Deshmukh said the MSPHC had prepared three proposals for the mass […]

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