Mumbai soon to monitor illegal constructions using satellite
21/01/2019 , by in News/Views

The Maharashtra government on Friday told the Bombay High Court that it would soon set up a pilot project in any one area of Mumbai to take satellite images to keep an eye on illegal constructions. Advocate General AshutoshKumbhakoni told a division bench of Chief Justice N H Patil and Justice N ... Read more...

Builders should change ways or face the consequences
Jan 2019 , by in News/Views

Real Estate Regulatory Authority (RERA) Act has brought relief to thousands of homebuyers. However, there are still challenges faced by the Authority in registering projects, keeping tab on erring builders and making the functioning of RERA paperless. Around 331 projects have been registered with... Read more...

Oberoi Realty dips by 2%
Jan 2019 , by in News/Views

The Nifty Realty index was trading with losses with most of its components trading in the red. The Nifty Realty index was trading 0.76 per cent down at 236.50. Shares of Oberoi Realty (down 1.81 per cent), Indiabulls Real Estate (down 1.59 per cent), Prestige Estates Projects (down 1.51 per cent ... Read more...

Marvel Realtors’ CEO faces another FIR
Jan 2019 , by in News/Views

VishwajeetJhavar, chairman and chief executive officer of Marvel Realty, is in trouble yet again. Barely two days after he got out of jail, he has been booked by the Viman Nagar police on charges of cheating and criminal breach of trust. Police officials acted on a complaint filed by a Mumbai res... Read more...

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