Builders await departure of Municipal Commissioner Subodh Kumar as he had cracked down hard on illegal deeds
Author: Mayur
Mayur is a real estate professional based in Navi Mumbai for the past 20 years. His expertise in real estate includes every sphere of the real estate sector in Navi Mumbai. He can be reached on 9987452642
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Home loan rates go down
The interest rates on home loans have started indicating a downward trend as the Reserve Bank of India (RBI) cut its cash reserve ratio (CRR) last month. The cut in the CRR means more liquidity available for banks, and thus they will be more aggressive with their lending schemes. This trend has been visible in…
Property Tax : Builders to be held accountable?
Flat buyers are often kept in the dark about the property taxes due on their plot/flat at the time of possession.Only later do they realise that they have been shortchanged by the builder/developer when they are slapped Property Tax Due Certificate by the Municipal Corporation,which sometimes can be to the tune of a few lakhs
Navi Mumbai Airport stalled again
Navi Mumba
Maharashtra Housing Regulation and Development Bill-Will it help?
Until now, the purchase and sale of real estate in Navi Mumbai and the rest of Maharashtra was governed by something called the MOFA (Maharashtra ownership of flats act) enacted in 1963. Just like laws in other states. But on 11th April, 2012, the Maharashtra govt introduced a new law to govern all real estate transactions…
Citibank fined for excess charge on home loan
Citibank fined for illegal charge on home loan
12.5% gaothan scheme of CIDCO – The basis of 99% of construction in Navi Mumbai
Most buildings constructed in Navi Mumbai are built on something called 12.5% Gaothan Scheme land. Read all about it.
Documents required for flat purchase in Navi Mumbai
Documents required for purchasing flats in Navi Mumbai
