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Maharashtra issues draft rules for formation of housing regulatory authority
Sep 10, 2014
Realty developers in Maharashtra could soon face disqualification and cancellation of registrations of their projects, if a court declared the document (contractual agreement, power of attorney, etc) giving them the right to a land parcel or development rights, invalid
Maharashtra CM, officials discuss surplus FSI, ‘illegal’ plot
Nov 19, 2013
MUMBAI: In a high-level meeting, headed by the chief minister on November 15, senior bureaucrats discussed utilizing surplus floor space index (FSI) available under the new development control rules for rehabilitating residents of the illegal flats in Worli’s Campa Cola society and whether or not they would be able to afford a plot in the compound if it is taken back from a real estate developer who currently has third-party rights over it.
‘Housing Regulator Bill ignores ground realities’
Jun 27, 2013
MUMBAI: Even though the Real Estate (Regulation and Development) Bill is expected to bring in transparency, it also brings with it challenges like timely project clearance which need to be addressed first, consultancy firm Jone Lang LaSalle has said.
‘Housing Regulator Bill ignores ground realities’
Jun 26, 2013
MUMBAI: Even though the Real Estate (Regulation and Development) Bill is expected to bring in transparency, it also brings with it challenges like timely project clearance which need to be addressed first, consultancy firm Jone Lang LaSalle has said.
Bill sets stage for country’s first housing regulator
Jul 20, 2012
Mumbai: After years of deliberation, the Maharashtra Housing Bill 2012 has finally been passed by both Houses of the Maharashtra legislature. This sets the stage for the establishment of the country’s first housing regulator and appellate tribunal with significant powers to protect the consumer and penalise the builders in case of any wrongdoing. The Bill has laid down the rules for the promo

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