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 illegal charge on home loan
Most buildings constructed in Navi Mumbai are built on something called 12.5% Gaothan Scheme land. Read all about it.
Documents required for purchasing flats in Navi Mumbai