blogs & news

189 projects in Pune barred from sales, show RERA data | Pune News

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has prohibited a total of 644 housing projects across Maharashtra from selling sny more units at their projects, due to delayed completion and delivery, with Pune accounting for nearly 30% of it. Most developers of the blacklisted projects, according to released data, are smaller players with fewer than 100 units per project, aside from a...

Maharashtra: Housing sales may see 20-35% rise this monsoon, says report | Pune News

PUNE: A report by real estate consultants JLL has predicted that the ongoing monsoon may result in a 20-35% uptick in housing sales. The report said a forecast of good rains has provided some room for monetary policymakers to keep rates unchanged. The prediction is a departure from usual business trends in the construction and housing industry during the monsoon months, as uncertainties and disruptions...

Realty premium segment demand up in Pune, reveals survey | Pune News

PUNE: Mumbai and Pune led housing sales in first half of 2021, aided by the state’s two-step stamp duty cut and low interest rates, as per reports by real estate observer Knight Frank and developer Gera. The reports stated that the Pune housing market evolved towards the mid and premium segments during this period. As per Knight Frank’s data, roughly half of all housing sales in India between...

Duo siphon off Rs 41,000 from retired army officer in Pune | Pune News

PUNE: The Kondhwa police have launched investigations into an FIR registered by a 72-year-old retired lieutenant colonel stating that two men, one a fake army officer, contacted him after he posted an advertisement on a real estate application for renting his 2BHK flat in Mundhwa. The duo, on the pretext of taking his flat on rent, duped him to the tune of Rs 41,250 minutes after he shared his debit...

MahaRera: फसवणूक करणाऱ्यांना बसणार चाप; ‘महारेरा’नं घेतला मोठा निर्णय – maharera taking big decision about flat information

पुणे : महाराष्ट्र रिअल इस्टेट रेग्युलेटरी अॅथॉरिटीने (महारेरा) बांधकाम व्यावसायिकांना प्रत्येक प्रकल्पातील विकलेल्या, बुकिंग केलेल्या, गहाण ठेवलेल्या...

Maharashtra land fraud: Absconding Mira Bhayander town planner held in Surat | Thane News

THANE: A civic town planner from Mira Bhayander area of Thane district in Maharashtra allegedly involved in a multi-crore rupee urban land ceiling fraud was arrested from Surat in Gujarat on Friday morning, police said. Accused Dilip Gheware, a town planner posted with Mira Bhayander Municipal Corporation, along with others had fraudulently shown residential plots as agriculture ones to accumulate...

Pune, Mumbai account for half of April-June housing sales | Pune News

PUNE: The metropolitan areas of Pune and Mumbai accounted for nearly half the housing market of the country in terms of sales during the April-June period this year, revealed a report by real estate observer Anarock. The numbers were down over the January-March period, but higher than the corresponding months in 2020 when the lockdown was severe. The Anarock report revealed that Mumbai finished first in...

Runwal Group ushers in world class living with the launch of ‘Broadway’, a new tower at Runwal Avenue

Runwal Group, one of India’s leading real estate developers, recently announced the launch of a new tower ‘Broadway’ in their project Runwal Avenue at Kanjurmarg East, Mumbai. Intended to offer a world class lifestyle inspired by international standards, it will offer a smart lifestyle with a blend of connectivity, conveniences and comforts. With multiple high-rise towers, Broadway will feature...

From PM Modi’s ‘One Earth, One Health’ mantra to G7 global Covid vaccine pledge: 10 points

Coronavirus pandemic dominated the G7 summit as PM Narendra Modi called for "One Earth, One Health" mantra, Canada PM Justin Trudeau emphasised the need to build a consensus on "how to work with China" and G7 announced its global Covid vaccine plan. The G7, comprising the United Kingdom (UK), Canada, France, Germany, Italy, Japan and the United States (US), met on Saturday (Reuters photo)The Group of...

Cabinet approves Model Tenancy Act, Hardeep Puri says it will provide regulatory framework to rental housing

The Union Cabinet has approved the Model Tenancy Act. The government says this Act will provide an overhaul to the legal framework on rental housing and encourage private participation. The government said the Model Tenancy Act is expected to give a fillip to private participation in rental housing as a business model for addressing the huge housing shortage. (Representational image) (Photo: India...