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Major Relief for Mumbai’s Cessed Building Occupants as MHADA Slashes Extra Area Charges

In a move to accelerate rehabilitation, MHADA has lowered charges for extra space allotment to 100% of RRR for eligible cessed building residents, applicable from December 2023 onwards.

By Admin

  • 27th Apr 2025
  • 1146 Views
Complete Guide to Ready Reckoner Rates in Maharashtra

Discover Maharashtra’s Ready Reckoner Rates for 2025. City-wise property rates, stamp duty insights, premium floor charges, and real estate impact across Mumbai, Pune, Thane & more.

By Admin

  • 11th Apr 2025
  • 1228 Views
RR Rate Hike in Mumbai: 5-10% Rise Coming in 2025 - What You Should Do Now

Mumbai’s property market faces a Ready Reckoner rate hike. Understand the impact, risks, and why completing your transaction before March 31 could save you lakhs.

By Admin

  • 31st Mar 2025
  • 1230 Views
Ready Reckoner Rates in Navi Mumbai Explained: 2025 Area-Wise Breakdown

Get an area-wise list of Navi Mumbai's 2025 ready reckoner rates for residential, commercial, and industrial properties. A must-read for smart property investors.

By Admin

  • 26th Mar 2025
  • 1301 Views
Ready Reckoner Rates in Mumbai - Latest Updates, Zone-Wise Breakdown & Buyer Tips

Explore Mumbai’s 2024-2025 ready reckoner rates. Get zone-wise rates, stamp duty insights, floor premiums & expert tips for smart property decisions.

By Admin

  • 25th Mar 2025
  • 1294 Views
MHADA Aligns Lease Rents with Ready Reckoner Rates: A Paradigm Shift in Mumbai's Housing Sector

MHADA is linking lease rents to Ready Reckoner rates, impacting tenants in Mumbai's MHADA colonies. Lease rent revisions, commercial hikes, and policy updates will reshape housing costs. Stay informed about the latest changes and their impact.

By Admin

  • 5th Mar 2025
  • 1211 Views
7 Reasons Why Mumbai's New TDR Policy Could Negatively Impact Real Estate Growth

Recent TDR regulation amendments in Mumbai could jeopardise the city's growing real estate industry. With developers being forced to get a percentage of their TDR from the Dharavi redevelopment project at higher rates, home prices may rise.

By Admin

  • 6th Sep 2024
  • 1327 Views
Mahindra & Mahindra Sells Kandivali Land for INR 210 Crore to Pune-based Rucha Group

M&M has sold a 20.5-acre land plot in Kandivali East, Mumbai, for ₹210 crore to Blueprintify Properties, a real estate unit of Rucha Group. M&M capitalised on its non-strategic assets with this July 23 transaction, which was filed the following day.

By Admin

  • 5th Aug 2024
  • 1327 Views
Mumbai Leasehold Housing Societies Can Now Convert to Freehold at 5-10% of Ready Reckoner Rate

Mumbai: Leasehold housing societies can now convert to freehold for a fraction of the Ready Reckoner (RR) fee. The state has granted leasehold housing societies this concession, analogous to collector's land (class 2 occupation).

By Admin

  • 30th Jul 2024
  • 1449 Views
High Court Rules State Entitled to Reasonable Return on Leased Land

The Bombay High Court held that the state deserves a fair return on its land in a landmark decision. Justices B P Colabawalla and Somasekhar Sundaresan stressed that leasing rates need not be cheap if they fail to cover inflation, administration fees, and escalation.

By Admin

  • 14th Jul 2024
  • 1305 Views
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