Dewani noted that the developer is on track to nearly double last year’s performance.
The project is designed to meet the growing demand for premium commercial infrastructure and hospitality in Chennai’s IT and innovation hub.
That’s possible, provided the projects advertised are completed and have received an occupation certificate from the authorities.
Started by Nirmal Lifestyle in 2009, the project stalled, and was sold off to Ricardo Constructions of Shapoorji Pallnji in 2019. The latter promised possession by 2021, but failed to do so.
Single window will be created in Mumbai for self-redevelopment, and applications will be processed within three months. Meanwhile, NAREDCO Maharashtra has welcomed the move by the govt.
According to the Maharashtra Real Estate Regulatory Authority, more than 500 projects registered in January 2023 have not uploaded quarterly progress reports
The developer has agreed to reimburse homeowners the cost incurred on interiors as well, besides Rs 6,500 psf, and the stamp duty.
The projects are mostly in the affordable residential housing segment, with the unit price varying between Rs 30 lakh and Rs 60 lakh.
Around Rs 150 crore is outstanding from defaulting developers for which the BMC plans to give one last chance for repayment with 12.5 percent interest
The case was filed by homebuyers of CHD Vann residential project in Sector 71.
Earlier, the deduction in case of cancellation of booking by home buyer was capped at 2% by MahaRERA.
The DTCP asked the developer to submit its written reply and appear before the DTCP Gurugram office by August 19.
The project has a land area of around 3043.5 sq metres and a saleable area of around 1.5 lakh sq feet.
Mahira Group has submitted the mortgage deed and the same has been registered with the Gurugram sub-registrar, the order stated
The Gulshan Group will complete 113 flats of Boomerang Residencies and 305 flats of Kristal Court in Sector 128 of Noida, both Jaiprakash Associates projects. Existing buyers in these projects will be offered a settlement with interest if they choose to shift to another project of the Gulshan group.
The project was stalled after the developer’s licence was cancelled for allegedly submitting forged documents, leaving buyers stranded.
On May 17, 2022, the Department of Town and Country Planning had blacklisted Mahira Buildtech and Czar Buildwell, accusing them of submitting fabricated bank guarantees and forged signatures of bank officials.
On June 26, around 150 residents of Ansal Esencia held a protest against the developer, alleging a lack of amenities, including a ban on registry and non-issuance of new power connections
The Gurugram District Town Planner Enforcement said a list of 60 to 70 societies is being finalised and the process of empanelment wll be completed within 15 days of receiving the applications. The last day for sending the applications is July 12
The shopping mall having commercial space of around five lakh sq ft will be PS Group's first project in Bihar.
Housing societies should approach authorities, if developer fails to transfer conveyance deed in name of society after four months of registering the housing society, says Maharashtra government.
District Town Planner (Enforcement) RS Batth said the Deputy Commissioner has deputed him as the Duty Magistrate to take possession of the Mahira 68 land.
The residential project will offer affordable housing units; The group also plans to start construction of a mall-cum-high street next year.
Accord Hotels and Resorts holds a fully paid up land parcel of around 10 acres in Sector 128, Noida.
Mahira Group is hopeful of getting a stay on the order, and is willing complete the project by May 31, 2023.