Naresh Kamath

Officials say move will reduce corruption and speed up pending projects read more

First six months of 2019 to stay gloomy; developers focus on small, affordable housing segment read more

The project involves the rehabilitation of 3,628 families into bigger houses and will also generate approximately 18,000 affordable homes read more

The three high-end apartments ranging from \u20B94.99 crore to \u20B95.80 crore at Cumballa Hill in south Mumbai, are the costliest Mhada houses till date read more

Maharashtra Housing and Area Development Authority’s (MHADA) three high-end apartments, costing \u20B94.99 crore, \u20B95.13 crore and \u20B95.80 crore, at Cumbala Hill in South Mumbai, got 79 bidders till Friday read more

Claims companies turned down requests from various organisations working for the differently abled saying all the funds were exhausted read more

Realty experts vouch that this one of the biggest discounts in the realty market as the starting price of new properties in south Mumbai is at least \u20B91 lakh per sq ft. read more

Real estate giant Godrej Properties may be in talks with the late film-maker Raj Kapoor’s family to buy the iconic RK Studios in Chembur, according to multiple sources from the real estate market read more

Gold was priced at \u20B932,600 per 10g, effectively leading to fewer buyers, who opted to buy 1,2 and 5-g coins or smaller jewellery, instead of bigger ones. read more

The state cabinet gave a go-ahead to redevelop the entire 535 acres of Dharavi slum by setting up a special purpose vehicle and floating one global tender for the entire project. read more

Fourteen years after it was first proposed, the state government has floated yet another plan to redevelop the sprawling slums of Dharavi read more

Hit by poor sales, the Maharashtra Housing and Area Development Authority (MHADA) on Friday announced it will reduce by 25% to 30% the prices of the 1,194 apartments it plans to sell in a lottery draw in the next few months. read more

The Occupancy Certificate is proof that the building was constructed without breaking any rules and building codes. In its absence, residents have to pay double the charges for basic amenities such as water and face hurdles if the structure goes for... read more

The BJP-led front won all 25 seats of the federation, which is the apex body of the co-operative housing societies spread across Mumbai. read more

The response has not been overwhelmingly positive, but it has boosted sales in the affordable and mid-segment categories. read more

The BBM-AIMIM alliance which will have an impact on electoral arithmetic, could thus, turn out to be an advantage for the Bharatiya Janata Party read more

Masulla building on Pakmodia Street, which is owned by underworld don Dawood Ibrahim, was bought by the Saifee Burhani Upliftment Trust for Rs 3.51 crore at a public auction read more

Sales remained low, with 32,412 houses being sold this year compared to 32,077 units last year despite 10-15 % discount on prices. read more

‘Natural justice demanded that the builder provide at least basic services at the earliest’ read more

Builders condemn hike, say it will increase cost of transactions of realty deals. read more

This initiative will hit builders who have for years misled buyers by claiming that their housing projects are near stations, markets and schools. read more

The special planning authority to seek HC permission on the heritage structure read more

Every year, in the monsoon, outrage erupts over the poor condition of roads in Mumbai Metropolitan Region, but authorities are yet to find a concrete solution. read more

Such portals must be compulsorily registered with the regulatory body to make them accountable for their real estate transactions, a leading consumer forum has said. read more

Raj Thackeray compared plastic ban to demonetisation which was declared by one person without any planning, and people had to suffer. read more

The Indian Hotels and Restaurant Association (AHAR) on Wednesday said the hike was inevitable as hotels will be providing Injection Moulded Containers to deliver food read more

Ban imposed to extort money from plastic manufacturers, said the MNS chief and appealed to people not to pay the fine. read more

Dr Kafeel Khan, out on bail in the Gorakhpur infants’ death case, said he wants to get compensation for families whose children died in the government hospital owing to lack of oxygen supply. read more

Sena chief Uddhav Thackeray on Monday had rushed to civic body’s disaster control cell at the BMC headquarters to monitor the situation. read more

Plots in Navi Mumbai are selling at \u20B91.33 lakh per square metre as opposed to \u20B92.92 lakh per square metre three years ago read more

The state government accorded Mhada the status of planning authority on May 23 read more

Siddharth Colony is a major slum in the eastern suburbs of Mumbai and a significant number of residents come from socially backward communities. read more

Congress president Rahul Gandhi had tweeted the video of the incident, adding in Hindi, ‘Their crime was they went for bath in a well belonging to a person from upper caste community’ read more

After its spectacular performance in the 2009 polls, the MNS has been reduced to a minor force and its workers are demoralised read more

After MahaRERA came to force, builders gave extended completion deadlines in order to escape punitive action in case of non-delivery of the apartments. read more

Districts that were impacted the most were Ahmednagar, Sangli, Nashik and parts of Pune read more

“The present government was elected due to the overwhelming support of Hindus but they have left us disillusioned” read more

Uddhav Thackeray had released audio clip in which Fadnavis was heard asking BJP workers to ‘use all means’ to win the Palghar bypoll read more

This move to make Mhada a nodal agency will result in the speedy redevelopment of 114 Mhada layouts spread across Mumbai and cut down red-tapeism read more

Smaller, but more affordable houses are driving homebuyers out of Mumbai and towards Thane and Navi Mumbai read more

The state worked out the solution to appease the Dhangar and Veershaiv Lingayat communities. read more

Another reason for the fall in the number of brokers is the slowdown in the realty market which has put many out of business. read more

The property major is set to buy 1.4 million sq ft in two under-construction buildings read more

In 2008, the state government unveiled the Cluster Redevelopment Scheme for the island city. read more

The Development Plan is the blue print for the city’s growth, the DCPR is a document that spells out rules regarding construction, permissions and land use up to 2034 read more

It is one of the largest payouts since Maharashtra Real Estate Regulatory Authority was formed; case involves a housing project in Santacruz read more

Approximately 25 farmer organisations, have decided to protest against what they described as ‘anti-farmer’ stance of the state government read more

The order came after BJP’s Mumbai unit chief met Fadnavis, and cited the pivotal role the Centre plays in wildlife conservation and environment protection. read more

He also advised them to blacklist the ‘black sheep’ among them who damage the reputation of the industry read more

MahaRERA tells builder to pay interest on money invested by buyer, says it is not a penalty but a type of compensation read more

As a Dalit leader and a BJP ally, Athawle finds himself in a peculiar situation. read more

Minister of state Hardeep Singh Puri says of 11 million houses, 4.5 million units sanctioned already, will achieve goal set for 2022 by 2019 read more

MahaRERA chairman Gautam Chatterjee talks about the challenges he faced and those ahead, as it completes a year read more

Their contention is that the NDA is following a policy that is against the welfare of the workers and the protest will be an attempt to voice their discontent read more

The MahaRERA was established as a replacement for the Maharashtra Ownership Flat Act, 1963, which was ineffective read more

Both the Centre and state have been aiming to complete its housing for all mission by 2022 read more

Damania had alleged that Inamdar met her at her home and tried to bribe her to take back her case against the now arrested NCP leader Chhagan Bhujbal. read more

Spread across 10 acres in the premier commercial district, the deal consists of the sale of four towers with an office space of about 1.25 million sqft area. read more

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Ambedkar, who heads the Bharipa Bahujan Mahasangh, said that this was a part of a larger conspiracy to label Dalit activists as Maoists. read more

Many builders have complained that there is still lack of clarity on how to pass the 12% GST imposed on them on to the homebuyers read more

Akshaya Tritiya is one of the major festivals when people consider it auspicious to buy gold and diamond jewellery. read more

Police detain five people in connection with the incident read more

MNS chief also says the rape accused should be punished instantly, on the lines of Saudi Arabia read more

Residents who stay in 160-180 square feet area will now shift to bigger homes of more than 350 square feet read more

The MbPT, one of the largest landlords in the city, has now started issuing notices to various buildings, seeking a payment of the outstanding dues and illegalities in construction. read more

MHADA received complaints that the builder had sold the project to various builders and pocketed a handsome amount. read more

Blames government for the high realty prices read more

A state level core committee was formed under social activist Sudheendra Kulkarni to work out the modalities to protect the institutions of democracy which are under threat. read more

Builders welcome order, saying that the sector could not afford any hike in RR read more

Maharashtra Real Estate Regulatory Authority rapped a builder who violated construction rules and blamed delay in possession of flat on government agencies read more

The project, spread over 16.5 acres, plans to rehabilitate 3,200 residents and 1,250 commercial establishments in the area. read more

AAP has alleged that Sambhaji Patil-Nilangekar is the shareholder of VAFPPL, which had secured the loan from two public sector banks, Union Bank of India and Bank of Maharashtra. read more

The CAG, in its report tabled in the state legislature on Wednesday, stated the rules for these projects were tweaked to favour private builders. read more

Despite a massive protest, the Maharashtra government refused to give in read more

The state needs to address the fundamental problems first to get tangible results, feel developers and activists read more

he announcement comes despite the fact that Union Finance Minister Arun Jaitley had, last December, ruled out another IFSC. read more

Authorities suspect that those involved in the scam may have trafficked youth between 18 and 24 years of age to the UK. read more

The bench of Justices AK Goel and UU Lalit had ruled that no arrests can be made under the act without a prior investigation. read more

Research firm blames unaffordability, builders say it’s note ban, GST, RERA effect read more

This move is expected to give relief to approximately 700 projects, which have been stuck due to the Bombay high court order that had banned all construction activity in February 2016. read more

MahaRERA summoned officials from Navi Mumbai civic body after buyers complain of delay in Airoli project and builder blames slow clearances read more

Munde says threat was made because he made a plea in the legislative council against the menace of gutkha read more

Anil Galgali says the government had said this amount would be spent for Employment Guarantee Scheme, but that it didn’t read more

After filing FIR against builder for violations, police probe involvement of society members in Rs1,034-crore scam read more

Although the state has filed a case against Sambhaji Bhide for stoking violence, he has still not been arrested him. read more

CM Devendra Fadnavis tells Legislative Council that the state is doing its best to catch key accused Milind Ekbote; Opposition unconvinced read more

Initiatives announced include battery-operated submarine for underwater tourism, restoring Ganpatipule temple, annual festival at Nandurbar read more

Addressing members of the legislative council, FDA minister Girish Bapat said existing laws are inadequate to tackle this menace read more

The government is also expected to appoint the Maharashtra Housing and Area Development Authority (MHADA) as the nodal agency in this redevelopment. read more

The Maharashtra government said this will help spread the language across the globe and give Marathi-speaking people a single platform to interact read more

The regulatory body recently ruled in favour of complainants and directed the builder to hand over office space within stipulated time read more

While analysts say one-off realty deals do not reflect the current state of the market, builders claim there are buyers for high-end properties. read more

Opposition parties boycotted the customary tea party held by the government, terming it ‘anti farmer’ and ‘deceptive’. read more

American companies working in India are part of the Indian ecosystem, and will help in advancing technology and generating jobs, said Myron Brilliant. read more

Property experts and activists sceptical as a similar plan made in 2010 has seen no movement; builders say it can be achieved read more

Recent findings, there seems to be a significant improvement in sentiments across all the stakeholders in the property market read more

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The resale market is in competition with the primary market as builders are offering great discounts for new flats; investors, too, are looking to sell read more

The MahaRERA order stated that failure to hand over the apartment within the stipulated time period, including a 3-month grace period, would entitle the builders to pay interest till the date of possession read more

Dahi handi, which was celebrated in Mumbai with fervour for years, has now become the reason why the ruling BJP-Shiv Sena alliance have daggers drawn against the opposition, the Congress-NCP combine. read more

As many as 13 architectural firms have been shortlisted to prepare a plan to redevelop the 92.86 acres of prime land occupied by these chawls, whose residents have been living in leaky, dangerous houses for years. read more

Homes stay unaffordable and units, unsold, in Mumbai and the Mumbai Metropolitan Region, as the real estate sector slogs through a persistant slowdown. read more

Mumbai may soon see a spurt in the number of illuminated signboards outside commercial establishments. Reason: taking note of the recent Bombay high court (HC) ruling that the signboards don’t amount to advertisement, the civic body is all set to scrap... read more

With no sales, realty market in investor-driven pockets of Panvel, Khargar, Ghansoli, Karjat and Kalyan is facing a slowdown. read more

When Rohit Mishra bought a house at Santacruz five years ago, the society asked him to give an undertaking he would not consume ‘non-vegetarian’ food in his house. The reason – Jains form a majority in the society. read more

In an indication that the BJP-led Maharashtra government’s honeymoon may be coming to an end in the state legislature, erstwhile allies the Congress and the NCP on Sunday finally put up a united front as the Opposition. read more

Hoping to get builders to put the huge stock of unsold houses on the market, the Income Tax Department (IT) has decided to tax these properties as rental income. read more

The redevelopment boom in Mumbai over the past two decades has changed the city’s demographics profoundly. Market dynamics have diffused old community strongholds, while creating new ones. read more

Information technology engineer Haneef Khan’s search for a 2-BHK flat in central Mumbai earlier this year brought him to the gates of a huge development project by one of India’s major realty companies at Byculla. However, at their sales office, Khan... read more

Though many builders are now opting to make their new buildings expressly inclusive to attract buyers, widespread discrimination is still the norm for resale and rental flats. read more

Members of the Indian Hotels and Restaurant Association (AHAR), which represents 7,000 of Mumbai’s estimated 22,000 restaurants, have succumbed to a bizarre demand from the Republican Party of India (RPI) to include Maharashtrian dishes on their menus,... read more

In the past 24 years, just around 1,300 of the 15,000 dilapidated buildings in the island city have been redeveloped. The reasons are varied — from reluctance of landlords, to delay by tenants in giving consent, and time-consuming approval procedure... read more

Faced by the slowdown in realty sector, builders have started reducing the apartment sizes to suit the pockets of the homebuyers. read more

Eating and drinking out will cost more as restaurants and hotels in Mumbai have hiked food and liquor prices by 10% to 20%, citing inflation, increase in license fees and multiple taxes. read more

With high-rises dotting the skyline and little open space to escape, will Mumbai be able to withstand a quake like the one that hit Nepal on Saturday or will the country’s financial capital collapse like a pack of cards? read more

Not everyone is happy with the decision to bring in a new development plan (DP) for Mumbai. The four-month wait for the new DP, which will come into effect almost a year later, will hit the already-paralysed realty sector hard, claim experts. read more

With the slowdown in the real estate sector threatening to hurt the redevelopment of India’s largest slum – Dharavi - the government is considering the option of foreign direct investment (FDI) to make the project more lucrative. read more

Though the All India Majlis-e-Ittehad-ul Muslimeen (AIMIM) won fewer votes than in the 2014 assembly election, its tally of 15,050 still managed to deal a major blow to the Congress. read more

Even as Maharashtra government has been emphasising on providing affordable housing, there seems to be no tangible effort towards achieving this. read more