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development control regulation

Maha

Maharashtra: Recent regulatory developments and their impact

In order make the real estate sector more organised and bring-in the much needed transparency, several new policies and regulations saw the light of the day in Maharashtra. In this article, CommonFloor has analysed the top six regulations along with their impact on the realty sector. 20% LIG housing reservation The dream of affordable housing […]

nikunj.j

apartment open spaces

15-25% Open Recreation Space Mandatory: Supreme Court Verdict

The Supreme Court (SC) gave a ruling on Tuesday that it is mandatory for developers in Mumbai to set aside a minimum of 15-25% plot area for open recreational spaces. Several buildings had recently created these recreational spaces at the podium level and added them to the open spaces at ground level to satisfy the […]

karthik.k

MHADA To Get 200 More Tenements

The Maharashtra Housing and Area Development Authority (MHADA) has said that it is expecting to get a total built-up space of 70,000 sq.ft from developers who are redeveloping old and dilapidated buildings in the island city of Mumbai by the year-end. The chief officer of MHADA stated that the development body was yet to receive […]

karthik.k

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