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Maharashtra Housing Act

New real estate regulator notified by Maharashtra Government

New real estate regulator notified by Maharashtra Government
The rules for the much-awaited real estate regulator that were notified by the Maharashtra government on Saturday has a significant provision that allows home buyers of a stalled project to form a legal entity that can assume the complete control of the construction process. Maharashtra is all set to become the first state in the [...] Continue Reading »

Maharashtra to take the lead to set up a regulator in the housing sector

Maharashtra to take the lead to set up a regulator in the housing sector
Maharashtra is all set to become the first state to have a regulator for the housing sector. It has put up a draft of the Maharashtra Housing (Regulation and Development) Rules for public comment till October 10. The tech savvy body wants to hear from the consumers what they have in their mind. After Oct 10, [...] Continue Reading »

Maharashtra Housing Act 2012 Severely Hinders Real Estate Bill 2013

Maharashtra Housing Act 2012 Severely Hinders Real Estate Bill 2013
The Maharashtra Housing Act 2012 was well received in the mainstream media ever since it was passed. It’s commendable that Maharashtra took this initiative, but what’s important to understand is that this Act has provisions that negatively impact home buyers and promote developers’ interests. What’s more, the State Act limits, and in many cases negates [...] Continue Reading »

A view about State and Central housing norms

A view about State and Central housing norms
The state and central housing bill’s motto is to bring in more transparency and accountability in the Indian realty sector. Maharashtra has been the first most state to uphold strict laws in concern with the Maharashtra Housing Act, 2011. The citizens feel that this act has stringent norms in them being a barrier for a [...] Continue Reading »



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