MREAT Adjusts RERA's Directive, Neelkamal Realtors Promoter to Compensate for Flat Delay
Real Estate

MREAT Adjusts RERA's Directive, Neelkamal Realtors Promoter to Compensate for Flat Delay

The Maharashtra Real Estate Appellate Tribunal (MREAT) has modified a ruling by the Real Estate Regulatory Authority (RERA), impacting Neelkamal Realtors. The promoter of the real estate project is now mandated to provide compensation for delays in delivering flats. This adjustment reflects the evolving dynamics of real estate regulations in Mumbai. Neelkamal Realtors faces financial implications due to project completion delays, a critical concern for homebuyers. The move underscores RERA's commitment to protecting consumer interests and ensuring timely project deliveries in the real estate sector.

The Maharashtra Real Estate Appellate Tribunal (MREAT) has modified a ruling by the Real Estate Regulatory Authority (RERA), impacting Neelkamal Realtors. The promoter of the real estate project is now mandated to provide compensation for delays in delivering flats. This adjustment reflects the evolving dynamics of real estate regulations in Mumbai. Neelkamal Realtors faces financial implications due to project completion delays, a critical concern for homebuyers. The move underscores RERA's commitment to protecting consumer interests and ensuring timely project deliveries in the real estate sector.

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Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

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Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

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Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

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