Real Estate News
Navi Mumbai civic body extends property tax amnesty scheme

Maharashtra Extends Stamp Duty Amnesty Scheme 2023: A Respite for Property Owners

The Maharashtra government, in a significant move to alleviate the financial burden on property owners, has extended the Stamp Duty Amnesty Scheme till June 30, 2024. Initially set to expire on March 31, 2023, this extension is a response to the state’s lower-than-expected revenue mobilization and a concerted effort to continue supporting the citizens during challenging economic times. This blog delves into the intricacies of the scheme, highlighting its procedure, benefits, and broader impact on the real estate sector.

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Colaba Metro corridor
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Delhi Metro’s Rooftop Solar Tender: A New Era in Sustainable Urban Transit

Delhi Metro Rail Corporation (DMRC), a pioneer in urban transit solutions, is setting a new benchmark in sustainable development with its latest initiative to harness solar energy. The issuance of a tender for rooftop solar projects across its stations and depots marks a significant step towards achieving energy efficiency and reducing carbon emissions. This move not only underscores Delhi Metro’s environmental stewardship but also propels the city’s public transportation system into a greener future.

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Colaba Metro corridor
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Bangalore Metro Phase 3: Paving the Way for a Transit Revolution in the Garden City

Bangalore, often dubbed the Silicon Valley of India, is on the cusp of a major transformation in its urban transit landscape with the advent of Metro Phase 3. This ambitious expansion, set to be completed by 2028, promises to revolutionize the way the city moves, offering a sustainable, efficient, and interconnected public transport system. Let’s delve into the details of this transformative project and explore its far-reaching implications for India’s dynamic tech city.

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Home decor during Ganpati
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What is limewash paint? Is it suitable for your home?

In the world of interior design and home renovation, the search for the perfect paint often leads homeowners down a rabbit hole of options, from glossy finishes to matte, acrylics to oils. However, amidst this sea of choices, one age-old paint technique continues to capture the imagination of both designers and homeowners alike: limewash paint.

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Embracing Tradition: A Heartfelt Guide to Performing Gudi Padwa Puja

As the golden rays of the sun herald the arrival of spring, hearts in Maharashtra resonate with the joyous melodies of Gudi Padwa. This sacred occasion marks the dawn of a new year, a time for families to come together in reverence and celebration. Central to this joyous festivity is the Gudi Padwa puja, a cherished tradition that binds generations and invokes blessings for a prosperous journey ahead. Join me on a heartfelt journey as we delve into the sacred art of performing the Gudi Padwa puja.

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Mutation of a Property
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Haryana RERA’s Firm Position: Coral Realtors Faces a Rs 50 Lakh Fine

Coral Realtors Pvt Ltd was hit with a heavy fine of Rs 50 lakh by the Haryana Real
Estate Regulatory Authority (RERA) in a recent show of regulatory power. The Real Estate (Regulation and Development) Act, 2016’s Section 3 was flagrantly violated
by the Gurugram-based developer when it advertised its Metro World Mall projectin Sector 5without first registering it with the RERA.

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Mumbai’s $17 Billion Coastal Highway: A Visionary Leap Towards Urban Transformation

Mumbai, the pulsating heart of India’s economy, is on the brink of a monumental transformation. The city’s ambitious $17 billion Coastal Highway project is poised to redefine its urban and economic landscape, promising a future where efficiency, sustainability, and connectivity converge along the shores of the Arabian Sea.

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Maharashtra’s Game-Changing Initiative:
Multiple Bank Accounts for Real Estate
Developers

Maharashtra is setting new standards in the real estate sector with the Maharashtra Real Estate Regulatory Authority (MahaRERA) proposing an innovative requirement for developers: the establishment of three separate bank accounts for project registration. This pioneering move aims to enhance transparency, accountability, and financial discipline, safeguarding the interests of both consumers and stakeholders in the real estate domain.

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Multiple Bank Accounts for Real Estate
Developers”
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S&P Global Boosts India’s Growth Forecast: A Beacon of Economic Resilience

In a significant endorsement of India’s economic stability and potential, S&P Global Market Intelligence has revised India’s growth forecast upward for the fiscal year 2024-25. The adjustment to a promising 6.8%, up from an earlier prediction of 6.5%, underscores the country’s robust economic momentum and the brightening global economic outlook. This blog delves into the details of this revised forecast, exploring the underlying factors and implications for India’s economic landscape.

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Noida Property Labyrinth: The Lotus Projects Debate

Due to recent events, the Noida Authority is embroiled in a court battle, contesting the Allahabad High Court’s order to register apartments in Lotus 300 and Lotus Boulevard Espacia. The ramifications of financial disparities and the difficulties of managing real estate are clarified by this dispute. Despite the builders’ unpaid debts, the court authorized the registration of these properties, which sparked a discussion on how to strike a balance between public interest and financial obligations.

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