Promoters must now use only qualified and certified real estate agents under MahaRERA. This guideline protects homebuyers and the real estate industry. Non-compliance might lead to project registration rejections, registration revocations, or promoter fines.

In India, buying a home during an auspicious time like Gudi Padwa is a popular tradition. It's also an opportunity to smartly manage your finances and take advantage of tax benefits. Here's a straightforward guide to help you navigate the savings landscape.

The Dream of Homeownership Grows 2024 is a terrific year for Indian homebuyers due to numerous major advancements. Significant savings from a steady repo rate and an optimistic government budget encourage more individuals to purchase properties.

The Mumbai NCLT invalidated Wadhwa Buildcon's promoter's resolution plan. The resolution professional (RP)'s suspicious conduct and the promoter's willful default status revealed the decision.

Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the termination of sale agreements between a developer and purchasers who missed payment deadlines in an unprecedented action.

Mumbai's elite are finding luxurious getaways in peaceful, scenic areas within a short drive from the city. For seclusion and exclusivity, they visit Alibaug, Goa, Lonavala, Khandala, Panchgani, Karjat, and Pawna Lake. Buyers are purchasing villas and property to create calm, luxurious getaways.

A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.

Dedicated Monitoring Unit RequestThe Ministry of Housing should create a body to manage all state Real Estate Regulatory Authorities, according to a national homebuyers association. This suggestion was presented at a meeting with the Ministry of Housing and Urban Affairs.

In a decisive move to expedite the allocation of houses to approximately 3,000 buyers, a high-powered committee led by the chief secretary has directed the Ghaziabad Development Authority (GDA) to fast-track the approval of the Detailed Project Report (DPR) for Wave City.

Indian real estate is hopeful for major improvements when Finance Minister Nirmala Sitharaman presents Budget 2024. The business anxiously awaiting affordable housing definition extension, industry classification, and tax benefits for homebuyers and developers.

Homebuyers are encouraged by rising house affordability in key Indian cities. The percentage of income needed to pay monthly home loan payments has reduced despite rising mortgage rates over the last year.

MahaRERA recovered over Rs 140 crore this year from developers who delayed flat deliveries, distressing homeowners. This is one of India's greatest real estate regulator recoveries. MahaRERA has filed 1,123 warrants this year to collect about Rs 764 crore from developers, threatening to freeze bank

With rising disposable incomes, India's millennials are driving the real estate market by prioritising lifestyle-compatible homeownership. See what trends and preferences influence their property decisions.

Ajmera Downtown is a luxurious tower with 48 stories, situated opposite the LT Marg police station on Marine Lines. It offers well laid out 1, 2, 3 bedroom residences with contemporary amenities to dicerning homebuyers.

Square Yards' asset management division, PropsAMC, has helped many individuals become homes. Helping over 300 homeowners settle their legal challenges, it recovered Rs 100 crore of invested capital.