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After prolonged slowdown, rise in demand of under 30 lakh homes seen in Mumbai

A study released by Liases Foras has shown that the less than ₹30 lakh housing segment experienced a growth of 41% in the March-June quarter

Navi Mumbai, India - Aug. 12, 2024:Boost to Panvel development Ð PMC publishes draft development plan in record 5 years at Panvel in Navi Mumbai, India, on Monday, August 12, 2024. (Photo by Bachchan Kumar/ HT PHOTO) (HT PHOTO)
Updated on Aug 22, 2024 09:04 AM IST

Duped brokers complain about lack of redressal forums

Merchant’s is not a singular case. Like him, scores of brokers’ fees have been denied by clients that include large listed companies. The matter intensified with a recent order by the Maharashtra Real Estate Regulatory Authority (MahaRERA)

Duped brokers complain about lack of redressal forums
Published on Jul 31, 2024 05:30 PM IST

Mumbai real estate pros miffed over withheld brokerage fees, boycott imminent

On July 23, RERA member, Mahesh Pathak passed an order dismissing a complaint filed by broker Santosh Gawade seeking redressal for non-payment of brokerage fees

Brokers’ fees have been denied by clients that include large listed companies.(ShutterStock)
Published on Jul 31, 2024 10:27 AM IST

Advance transit rent leads to 50% SRA projects in Mumbai being stuck

Rehabilitation projects have been stalled after the SRA made it mandatory for developers to deposit two years’ advance transit rent with the body

A staggering 64,917 slum dwellers are yet to be paid transit rents. (Kunal Patil/HT Photo)
Updated on Jul 20, 2024 09:32 AM IST
ByDraupadi Rohera

Builders irked after BMC refuses to grant NOCs for tree-cutting

Sources point out that Gagrani believes the current process of transplanting new saplings in place of the old ones is not working, as the saplings do not survive. He therefore wants builders to transplant new saplings according to the age of the tree being felled

Mumbai, India – Mar 20, 2024: I. Q. Chahal handing over charges to newly appointed Municipal Commissioner Bhushan Gagrani at the BMC office, in Mumbai, India, on Wednesday, Mar 20, 2024. (Photo by Bhushan Koyande/HT Photo)
Updated on Jun 16, 2024 08:28 AM IST
ByDraupadi Rohera

Two of Bandra East’s biggest societies to go into redevelopment

One of the largest cooperative societies in the area, Patrakar Nagar, spread over a two-acre plot and located across Rustomjee’s sprawling Seasons complex

K N Padmanabhan, chairman of the 53-year-old society, said they were going in for redevelopment as the buildings had started demanding constant repairs (Satish Bate/ Hindustan Times)
Updated on Jun 15, 2024 09:29 AM IST
ByDraupadi Rohera

On MHADA plot for EWS homes, twin to one of city’s plushest buildings coming up

The new project will come up on a Maharashtra Housing and Area Development Authority (MHADA) colony called Adarsh Nagar

On MHADA plot for EWS housing, twin to one of city’s plushest buildings coming up
Updated on Jun 11, 2024 08:56 AM IST
ByDraupadi Rohera

Mumbai real estate: Spike in Slum TDR sends realty market into a tizzy

Mumbai's realty market is reeling from a sharp spike in Slum TDR rates. The TDR in Mulund has shot up from ₹3,500 per sq ft six months ago to ₹6,000 currently

Mumbai, India - Sept. 5, 2023: Arial view of Infrastructural development at Sath Raasta, Mahalaxmi, in Mumbai, India, on Tuesday, September 5, 2023. (Photo by Anshuman Poyrekar/ Hindustan Times) (Hindustan Times)
Updated on May 15, 2024 09:38 AM IST
ByDraupadi Rohera

Developers in the race for plum redevelopment projects in SoBo

Listed developers are competing with each other enticing the gentry with lucrative offers – ranging from 40 to 60 per cent additional space per resident

1Developers are in a keen battle to secure prime projects in SoBo. (Aniruddha Chowdhury/Mint)
Updated on May 03, 2024 09:23 AM IST
ByDraupadi Rohera
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