The Maharashtra government is preparing to bring in a new law that will enable the use of blockchain technology in the real estate sector, marking one of the state's most significant digital governance initiatives for the property market. The proposed law aims to create a legal framework for blockchain-based property transactions, digitize land records, improve transparency in ownership, reduce disputes...
Salman Khan concludes the sale of his apartment in Mumbai's Bandra West area ₹3.50 crore, according to property registration documents obtained by CRE Matrix. Khan bought this apartment ₹2.88 crore in 2015.Mumbai Real Estate: Salman Khan sells his apartment in Mumbai's Bandra West area for ₹3.50 crore. (PTI)According to property registration documents, Salman Khan's apartment is in Shiv-Asthan...
Global steel major ArcelorMittal has expanded its Global Capability Center (GCC) in India by taking over 82,000 sq ft of office space on lease for five years in the financial district of Hyderabad. ₹₹35 crore, according to property registration documents obtained by PropStack.ArcelorMittal has expanded its Global Capability Center (GCC) footprint in India by leasing over 82,000 sq ft of office space...
New Delhi, July 23 (Language) The Supreme Court on Thursday postponed for three months the hearing on a petition seeking refund of money to home buyers of the collapsed twin towers of real estate company Supertech in Noida.The Supreme Court on Thursday postponed for three months the hearing on a plea seeking refunds to home buyers of real estate firm Supertech's collapsed twin towers in Noida. (Picture for...
Veteran actor Jeetendra Kapoor has long been known as one of Bollywood's shrewdest real estate investors, having quietly built a property portfolio that has been highly appreciated over the decades. The actor is in the news again after revealing that the bungalow he bought decades ago in Mumbai's luxurious Pali Hill was just... ₹Now according to media reports its price is estimated to be around Rs 4.25...
In many apartment complexes, residents often justify changes by citing what others have already done. “Everyone has outgrown their balcony,” or “Many neighbors have outgrown their bedrooms,” are common arguments during renovation disputes. However, legally, one unauthorized change does not justify another.The Bombay High Court has directed the Maharashtra government to frame a comprehensive policy...
An Instagram reel has reignited the debate over whether amenities like reflexology paths, amphitheater and outdoor chess boards are real value additions or just marketing tools to help push projects forward.An Instagram reel has reignited the debate over whether amenities like reflexology paths, amphitheater and outdoor chess boards are real value additions or just marketing tools. (Photo for...
The Maharashtra Real Estate Regulatory Authority (Maharera) has ruled that if the promised facility is not constructed within a reasonable period, a home buyer can demand a refund of the money collected by the developer for the proposed club house.MahaRERA has ruled that if the promised facility is not constructed within a reasonable period, a home buyer can demand a refund of the money collected by the...
Would you buy a compact apartment today if it meant buying a much larger house a few years later? As redevelopment picks up pace in cities like Mumbai and Pune, an increasing number of homebuyers are betting on old housing societies rather than brand new projects. The attraction is compelling: buy an old flat at a low price, get a larger apartment after redevelopment, and potentially gain significant value...
Adani Navbharat Developers Private Limited (ANDPL), the special purpose vehicle (SPV) undertaking the Dharavi Redevelopment Project (DRP), has launched an Artificial Intelligence (AI) platform named Dharavi Didi, which will act as a 24x7 interactive AI companion for residents who have queries related to the redevelopment and rehabilitation of the project.Dharavi Redevelopment: The Adani Group arm has...