Pune
Pune: The central and state govt departments are expected to transfer land for proposed 23.3 km 2rd Metro Line from Hinjewadi-Shivajinagar by the first fortnight of January 2020. Approximately 2 hectares of land is required for the project in which 1.49 hectares will be acquired from the state govt and 0.96 hectares from the center. [...] Continue Reading »
PUNE: The civic body will abandon tax on property maintained by unfavorably-abled residents. A recommendation for this consequence has been postponed before the standing representative committee of Pune Municipal Corporation. The move is aimed at making life easier for differently-abled people and also spreading awareness about the issues faced by them. The exemption will cover [...] Continue Reading »
NASHIK: MahaRERA will now permit particularly skillful labor at construction sites to assure quality construction and further restrict accidents. The laborers also hold to advantage from insurance coverage for their family affiliates. The MahaRERA has previously begun incorporating laborers organizations on its locality and also assuring the workers do not miss their payments for the day. “Providing [...] Continue Reading »
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has expended crores of rupees to train specialists in the construction sector. They have even furnished the names, email addresses, contact numbers, home addresses and pictures of the specialists on their website, and have requested developers to take the help of these specialists to train their unskilled labors. [...] Continue Reading »
State Bank of India (SBI) and Finance Ministry (MoF) are exploring for a legal frame where the suggested Alternative Investment Fund (AIF) for strengthening delayed housing projects will have the first charge on assets and cash flow of companies getting funding. That will finance 1,600 delayed housing projects carrying 4,58,000 housing units across the country. [...] Continue Reading »
PUNE: the civic body is intriguing to reward the housing societies and residences holding their propositions clear to get solid waste management to the grassroots level. A Pune Municipal Corporation (PMC) the referee announced the tidiest houses and society complexes would get bonuses and other perks like reductions on property tax. He said a board of authorities [...] Continue Reading »
A day after declaring Rs 25,000 crore Alternative Investment Fund (AIF) for stalled housing projects by FM Nirmala Sitharaman, has made it clear that residential housing projects facing litigation in High and Supreme Court will not be cover under this funding plan. At the same time, the government suggested homebuyers to interact with lenders for [...] Continue Reading »
Providing relief to lakhs of homebuyers, FM Nirmala Sitharaman announced an alternative investment fund of Rs 25 crore to help the real estate sector for 1,600 stalled housing projects covering 4.58 lakh units. Government’s aim to give incentive to the real estate market to improve. The decision was approved by the Union Cabinet at a [...] Continue Reading »
Depressed with builders, the regulators are possible to seek more power under the law to enable them to attach unsold inventories of builders to make them come in line and find directions to finish projects. RERA Authorities from across states have come together in Lucknow and push for revisions in the Real Estate Regulation and [...] Continue Reading »
Godrej Properties launched its residential township Godrej Prana in Undri Pune. Godrej Prana spread across 31 acres and consisting of apartments ranging 1 BHK from 634-665 sqft, 2 BHK 872-1057 sqft, 2.5 BHK from 1196-1473 sqft, 3 BHK from 1647 sqft to 1862 sqft. Price starting from Rs 29 Lakh. The project is located in [...] Continue Reading »
