MahaRERA Deregisters 18,693 Non-Compliant Property Agents

Maharashtra Waives Rs 264 Billion in Stamp Duty for Key Projects

The Maharashtra cabinet has approved a total stamp duty waiver of Rs 264 billion to expedite three major development initiatives: the Dharavi Redevelopment Project (DRP), the Maharashtra National Law University (MNLU) campus in Goregaon, and the Raigad Pen Growth Centre township.A waiver of Rs 45 billion has been granted on sub-lease agreements between the Dharavi SPV and the Railway Land Development Authority, facilitating redevelopment of 47.5 acres at Matunga to house over 10,000 railway staff and slum-dwelling families.For the MNLU campus spanning 35 acres in Goregaon, a conveyance..

Urja Global Empanelled for National Rooftop Solar Scheme

Urja Global Limited, a publicly listed renewable energy company with over 30 years of industry experience, has secured national registration and empanelment with the Ministry of New and Renewable Energy (MNRE) and all State and Union Territory DISCOMs across India. The company will play a key role in executing the Government of India’s flagship rooftop solar initiative — the Har Ghar Muft Bijli Yojana.Launched under the leadership of Prime Minister Narendra Modi, the scheme seeks to provide Indian households with free electricity through rooftop solar installations, accelerating the countr..

ORC Systems To Acquire 50% Stake in lnexture Solutions

ORC Systems India Limited, a leading provider of information technology and software consultancy services, has announced plans to acquire an equity stake of up to 50.10 per cent in lnexture Solutions Limited. This strategic move is aimed at accelerating the company’s global expansion and enhancing its delivery capabilities across key markets.The acquisition, valued at up to Rs1 crore (approx. USD 120,000), is subject to necessary statutory and regulatory approvals. Upon completion, lnexture will operate as a subsidiary of ORC Systems, strengthening the company’s ability to cater to a broad..