Property in Mumbai
50% of MMRDA Rental Housing to be Transit Tenements
The Maharashtra state government has approved the proposal of using 50% of rental flats built by the Mumbai Metropolitan Region Development Authority (MMRDA) as transit settlements for people belonging to cessed and dilapidated buildings. MMRDA will be constructing a total of 23,000 apartment units for rental purposes in the Mumbai Metropolitan Region (MMR) and it […]
Land revenue bill for unauthorized buildings to be redrafted
Public interest is one of the key factors which drives the government’s decision, especially in regard to real estate. Vouching for the above phenomenon, the Karnataka State Government, in a recent move, has reintroduced the land revenue bill, which proposes to regularize all the houses built off-limits on government land in urban areas. An in-depth […]
