MahaRERA Releases Guidelines for Senior Living Projects

08 Feb 2024 CW Team

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced model guidelines to regulate senior living projects in the state. These guidelines aim to ensure transparency, accountability, and quality standards in the development and operation of senior living facilities. Some key provisions outlined in the guidelines include mandatory registration of senior living projects under RERA, adherence to building norms for elderly-friendly infrastructure, provision of essential amenities such as wheelchair access and backup arrangements for power supply, and establishment of grievance redressal mechanisms for residents.

The guidelines also emphasise the importance of promoting a conducive and inclusive environment for senior citizens, with a focus on their safety, well-being, and quality of life. By standardizing regulations for senior living projects, MahaRERA aims to address the unique needs and concerns of elderly residents while fostering trust and confidence among homebuyers and investors in this segment. The introduction of these model guidelines reflects MahaRERA's commitment to promoting responsible and sustainable development in the real estate sector, ensuring that senior citizens are provided with dignified and comfortable living options tailored to their specific requirements. Moving forward, adherence to these guidelines is expected to enhance the overall quality and credibility of senior living projects in Maharashtra, contributing to the well-being and happiness of elderly residents and their families.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..