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Maharera Proposes Amenity Details Mandate
Maharashtra Real Estate Regulatory Authority (MahaRERA) has proposed a new mandate requiring developers to disclose amenity details along with deadlines in their project registrations. This move aims to enhance transparency and accountability in the real estate sector, ensuring that buyers are fully informed about the amenities promised by developers.
The proposed mandate underscores MahaRERA's commitment to protecting the interests of homebuyers and promoting fair practices in the real estate industry. By mandating developers to specify amenity details and deadlines upfront, the author..
MahaRERA: Developers to Specify Amenity Details
MahaRERA, the Maharashtra Real Estate Regulatory Authority, has proposed a significant regulatory change that would require developers to specify amenity details along with deadlines in their project disclosures. This move aims to enhance transparency and accountability in the real estate sector and ensure that homebuyers are well-informed about the amenities promised by developers.
Under the proposed mandate, developers will be obligated to provide detailed information about the amenities offered in their projects, including facilities such as parks, playgrounds, swimming pools, and re..
MAHARERA Introduces Strict Parking Regulations
In a bid to address parking-related disputes, the Maharashtra Real Estate Regulatory Authority (MAHARERA) has rolled out stringent parking regulations. The move aims to streamline parking management within residential and commercial complexes, fostering harmony among occupants and reducing conflicts over parking spaces.
The new guidelines mandate developers to allocate parking spaces in proportion to the number of units in a project, ensuring equitable distribution among residents or occupants. Additionally, MAHARERA requires developers to provide clear documentation specifying the all..
DLF Launches Luxury Project in Gurugram
DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.
The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..
Migsun Group Plans Rs 5 Bn Investment in Greater Noida Projects
Migsun Group, a prominent real estate developer, has unveiled plans to invest Rs 500 crore in four new projects located in Greater Noida. This initiative is part of the company's strategic efforts to enhance its presence and contribute to the burgeoning real estate sector in the region.
The investment will be directed towards the development of residential and commercial properties, aimed at meeting the increasing demand for quality real estate in Greater Noida. These projects are expected to not only expand Migsun Group's portfolio but also generate employment opportunities and stimul..
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