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The Pros & Cons of Corporate Rea...

Corporate real estate developers, like any other business endeavour, have their own set of pros and cons. Here are some general pros and cons of corporate real estate developers: Pros: Cons: It’s important to note that these pros and cons may vary depending on the specific corporate real estate developer and the context in which they operate. Questions

News, Rera News Jun 09, 2023 0 Continue Reading
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The broking industry in India is gettin...

Real estate agents are essential elements of real estate sector, who connect allottees and promoters and facilitate most of the real estate transactions.  The Real Estate (Regulation and Development) Act, 2016 recognizes real estate agents as one of the key stakeholders along with allottees and promoters.  Accordingly, every real estate agent is required to be registered with MahaRERA before facilitating the sale or purchase …

News, Rera News Jun 09, 2023 0 Continue Reading
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RENTAL MARKETS TO PICK UP PACE IN 2023<...

Rental market in 2017 to 2020 had been stagnant and during Covid the rental market slowed down as a lot of people left the city for their hometown due to work from home and so the owners were forced to let go of 1-2 months of rent. But in the last 2.5 years, Housing Rent in Mumbai rose by 25% to 30%.  And after …

Rera News May 19, 2023 0 Continue Reading

Navi Mumbai: Cidco offers plots on sale as festive gif...

The plots have been made available in Kharghar, Panvel, Pushpaknagar and near railway stations. NAVI MUMBAI: Cidco is offering a number of plots of small and medium sizes for residential and commercial purposes, besides, plots for social welfare activities in various nodes of Navi Mumbai in view of Diwali festival. The plots have been made available in Kharghar, Panvel, Pushpaknagar and near railway stations.Under the social facility scheme, plots for development of higher …

Rera News, Uncategorized Dec 09, 2021 0 Continue Reading

Mumbai: Fire prevention measures must in buildings, sa...

“(It is a must) to furnish a certificate, ie Form B, issued by a licensed agency, twice a year — January and July – (mentioning that these facilities are maintained and in an) efficient condition,” the BMC said in a statement. The BMC on Monday reiterated that as per section 3 (1) of the Maharashtra Fire Prevention & Life Safety Measures Act, 2006, it is mandatory …

Rera News, Uncategorized Dec 09, 2021 0 Continue Reading

Maharashtra nod to not revise capital value of buildin...

Under the Mumbai Municipal Corporation Act, 1888, the capital value, based on which property tax is paid, is to be revised every five years. MUMBAI: With the elections to the Brihanmumbai Municipal Corporation scheduled to be held early next year, the state cabinet on Wednesday approved a proposal not to revise capital value of building or land in Mumbai for 2021-22 in view of the pandemic.Under …

Rera News, Uncategorized Dec 09, 2021 0 Continue Reading

Mumbai records over 8,300 property registrations in Oc...

October has recorded 8,307 registrations in the country’s most expensive property market, exceeding the September figures, according to data from the Inspector General of Registration, Maharashtra. The month of September itself had also set a decadal benchmark in registrations. Property registrations in Mumbai, the country’s biggest real estate market, have maintained a record-setting spree as the performance for the month of October has yet again …

Rera News, Uncategorized Dec 09, 2021 0 Continue Reading

MahaRERA directs builders to reveal mortgage status of...

The move is aimed at improving transparency and alerting prospective homebuyers about any mortgage or loans taken by the developer against the apartments they are about to buy – or the project itself The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed all real estate developers in the state to declare the security interests created by them on the projects registered with the authority.The move is …

Rera News, Uncategorized Dec 09, 2021 0 Continue Reading

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