Lavasa residents count on final bid decision for pending project – ET RealEstate

PUNE: Residents of Lavasa hill station are awaiting a final decision with two companies submitting bids for the project ahead of the final deadline that ends in October. The residents have been waiting for the bids for the last three years. Residents said that Mumbai-based Darwin Group of companies and Delhi-based Dhir and Dhir Associates […]

Maharashtra: Subsidy for residential users to opt for rooftop solar power – ET RealEstate

PUNE: The Union government is providing a 40% subsidy to residential consumers and 20% subsidy to group housing societies and residential welfare associations to install rooftop solar systems, a statement issued by Maharashtra state electricity distribution company ltd (MSEDCL) said. The installation of a rooftop solar system will lead to huge savings in monthly household […]

CIDCO starts geo-tagging land parcels in Navi Mumbai – ET RealEstate

Maharashtra’s town planning authority, the City and Industrial Development Corporation (CIDCO), has started geo-tagging land parcels in Navi Mumbai under its various plot sale schemes. The move, apart from helping applicants, will also be an additional step toward efficient digitisation of land records at the sprawling southeastern suburb of India’s commercial capital. With this, Navi […]

Maharashtra: 30,000 co-operative housing societies await elections to plan redevelopment – ET RealEstate

PUNE: Nearly 30,000 co-operative housing societies across Maharashtra are awaiting the state government’s orders for conducting elections after August 31 to elect new managements and plan redevelopment pending for long. Maharashtra Housing Federation vice-chairman Suhas Patwardhan on Wednesday said those societies had been waiting for long to conduct the elections that could not be held […]

Mumbai: BDD chawls residents to pay just Rs 1,000 as stamp duty – ET RealEstate

File photo MUMBAI: The Maharashtra cabinet on Wednesday decided to charge Rs 1,000 as stamp duty and agreement cost per house from residents of pre-independence era BDD ‘chawls’ in Mumbai which are being redeveloped by state-run housing agency MHADA. The cabinet, at a meeting chaired by Chief Minister Uddhav Thackeray, cleared a proposal in this […]

Mumbai: Stop imposing administrators from outside, appeal housing societies – ET RealEstate

Representative Image MUMBAI: In the backdrop of a detailed investigation ordered into the appointment of administrators on around 500 housing societies in the Mumbai metro region and alleged irregularities committed by them, the housing society associations have appealed to the state government to appoint anyone from among the residents of the housing societies as the […]

Maharashtra government resumes talks on buying Air India building – ET RealEstate

MUMBAI: The Maharashtra government has initiated discussions with Air India to purchase its iconic building located in the Nariman Point area of the city. Maharashtra Chief Secretary Sitaram Kunte discussed the valuation of the building with Air India CMD Rajiv Bansal on Tuesday. When contacted on Wednesday, Kunte told PTI, “discussions are going on”. The […]

Government to take call on who will draft 23 villages’ development plan: Maharashtra Deputy CM – ET RealEstate

PUNE: Deputy chief minister Ajit Pawar on Friday said the state government would take the final call on whether the PMC or the PMRDA would prepare the development plan for the 23 villages recently merged with the civic limits. He said the Pune Municipal Corporation (PMC) had the right to pass a resolution about the […]

Pune: Court stays Kausar Baug housing society’s move to rent out open space – ET RealEstate

PUNE: In a major blow to the management committee of Kausar Baug Cooperative Housing Society on NIBM Road in Kondhwa, the largest society in the area, the court of joint civil judge Khwaja C Kalal asked the society committee members to maintain the status quo till the next hearing and not to create any third-party […]

Mumbai witnesses large scale appointments of independent administrators in housing societies – ET RealEstate

MUMBAI: For over a year the Mumbai Metropolitan Region (MMR) is suddenly witnessing on large scale the appointments of independent administrators in place of housing society managements. This has raised eyebrows among the members of hundreds of societies that are due for redevelopment as many builders and contractors have allegedly taken undue advantage of the […]