Updates Real Estate

Source: www.freepressjournal.in The Maharashtra government has removed the need for separate Non-Agricultural (NA) permission for land conversion. Now, getting a building plan approved counts as NA clearance. This change ends the annual NA tax and introduces a one-time graded fee for land conversion. The Maharashtra government has made a significant change to its land revenue law. This...

SOP is announced by MahaRera to implement the Bombay HC’s orders and also to provide relief to homebuyers for compensation

Any aggrieved person may file a complaint against the registered project of the respondent, before the authority under Section 31 of RERA by creating an account on MahaRERA application Portal.(Refer sec. 31)

Thorat said, “The revenue ministry has emphasized on e-registration of properties. The digital registration process will enable the sale and purchase of housing projects.

Press Release - Kolte-Patil signs three new projects with a combined saleable area of ~2.2 msf in Pune under capital-light models Expected Total Topline of ~Rs. 1,500 crore and KPDL PBT of ~Rs. 220 cr Pune, February 02, 2021: Kolte-Patil Developers Limited (BSE: 532924, NSE: KOLTEPATIL; KPDL), a leading Pune based real estate developer, with a growing presence in Mumbai and Bengaluru, today announced...