Navi Mumbai Real Estate News

Municipal Officers to Face Jail for illegal constructions in their area

Municipal officers to face jail for illegal constructions in their area

Assault on rule of law : BJP saves Manda Mhatre illegal construction, snubs HC

Manda Mhatre’s illegal construction scam covered up and protected by BJP govt

Great Eastern Summit (Belapur) hit by Conveyance Deed scam

Great Easter Summit society hit by ‘Conveyance’ Scam.

Vasai Society office bearers jailed for refusing NOC to Muslim buyer

Vasai Society members sent to jail for discrimination on basis of religion

Pujit Aggarwal of Orbit Corporation arrested for fraud

Realty firm Orbit’s MD, Pujit Aggarwal was arrested on Monday, 12th September, for a fraud and cheating case registered by a firm called Capri Global Capital. The firm, Capri Global Capital had booked 3 flats in Orbit’s Saki Naka project called Orbit Residency Park. The said project was mortgaged with Life Insurance Corporation in 2008…

‘Builder’ couple cheats home buyers in Turbhe

Builder couple cheats flat buyers in Turbhe, Navi Mumbai and absconds with money

Banks face huge defaults as Real Estate sector faces meltdown

With sales refusing to pickup and the economy in dire straits, its no secret that the real estate sector is in a severe recession. Not only have new projects failed to find any takers, even the old ones are struggling to survive. That the builders are in a severe mess is evident by the ongoing…

Panvel builder arrested for cheating buyers

Panvel builder arrested for cheating buyers.Narendra Mehta and Raunak Mehta.

Navi Mumbai real estate market collapses

Dire economic situation and rising inflation has taken a heavy toll on the Navi Mumbai real estate market in the past 2 months.The proof of this collapse has come from the registration figures in the registration dept and the amount of new proposals being subimtted in the NMMC and CIDCO town planning dept.Developers are struggling…