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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 …

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 …

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 …

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 …

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 …

Indian real estate sector to add $800 billion by 2030

Emphasising the importance of real estate in India’s economy, he pointed out that the sector creates demand for around 270 industries, including cement and steel.

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