JVLR 60 by Vida Realty and Rajhem Builders Receives RERA Approval
Vida Realty and Rajhem Builders are pleased to announce that JVLR 60, which is currently being marketed as Codename Connexted, has received official RERA approval from MahaRERA. This milestone reinforces their shared commitment to transparency, quality adherence, and timely delivery,…
Ashar Group’s Landmark Transaction at ‘The Legend by Ashar’ on Pali Hill
Ashar Group, one of the fastest-growing real estate conglomerates in the Mumbai Metropolitan Region (MMR), marks the transaction of a luxury Triplex apartment in the recently launched ultra-luxury project, ‘The Legend by Ashar’ at Pali Hill, Bandra. The sea-view apartment,…
MahaRERA Proposes Self-Declaration of Project Quality by Builders
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a proposal requiring real estate developers to provide an annual self-declaration of their project’s quality assurance. This self-assessment will cover multiple parameters, including structural design, stability, testing, quality of input materials,…
Peninsula Land Limited raises 150 Cr via Optionally convertible debentures and announces setting up of a INR 765 Cr real estate platform
Peninsula Land Limited (An Ashok Piramal Group Company), a prominent real estate developer listed on the NSE and BSE, announced raising of INR 150 Cr via Optionally convertible debentures (convertible into equity shares of PLL). The investment is being made…
Suraj Estate Developers Hits FY24 Milestones: 35% Income Growth, 710bps Margin Boost, 111% Profit Surge
Suraj Estate Developers Limited, a leading real estate player focused on South Central Mumbai (SCM) market with specialisation in redevelopment projects announced its audited financial results for the quarter and full year ended March 24. FY24 Consolidated Performance Highlights: (Rs….
MahaRERA’s Mandate for Comprehensive Parking Details in Legal Documents
MahaRERA has responded to numerous grievances regarding parking issues raised by consumers, prompting a proactive measure. They now mandate the inclusion of comprehensive parking details in legal documents. This requirement aims to avert future disputes and ensure transparency. Complaints ranged…
MahaRERA Introduces Model Guidelines for Regulation of Senior Living Projects
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has unveiled model guidelines aimed at regulating housing projects catering to retired and senior citizens. In a pioneering move, this marks the first instance where a real estate regulatory authority in India has…
MahaRERA Implements ‘One Stand-alone Project, One MahaRERA Number’ Policy to Curb Homebuyer Cheating
The Maharashtra Real Estate Regulatory Authority (MahaRERA) announced on January 17 the enforcement of a ‘one stand-alone project, one MahaRERA number’ policy to combat instances of developers obtaining multiple registration numbers for the same real estate project. This decision aims…
MahaRERA Implements Three-Tier Audit System for Housing Projects
The Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to implement a robust three-tier audit system for housing projects, aimed at ensuring seamless compliance from developers and eliminating complaints from homebuyers. Under this new mechanism, all project registration applications will…
Founder of Maison Sia Acquires Luxury Apartment in Mumbai’s Worli for Rs 116 Crore
Vratika Gupta, the founder and CEO of luxury home decor brand Maison Sia, has made a noteworthy residential acquisition with the purchase of a sea-view luxury apartment in Worli, Mumbai. The transaction, valued at over Rs 116.42 crore, marks the…