Navi Mumbai Real Estate News

News articles about Real Estate

Builder fined for frivolous plea

The National consumer forum has fined a builder from Navi Mumbai,Avdhut Construction a sum of Rs 30,000 for filing frivolous petition against the flat purchaser. The buyer,Joy Konnukudi,will get possession of the flat along with 43,000 as compensation. The buyer had agreed to buy a flat measuring 399 sq ft in a building for Rs […]

Navi Mumbai Real Estate News

CIDCO officers caught in another Land Scam

A new land scam has come to light in CIDCO.Land officers in collusion with Lakshman Tandel,a farmer,forged documents to show that he was dead.,thereby getting a plot for each of his legal heirs under the 12.5% scheme of CIDCO.The plots were in Sector44,Seawoods. The CIDCO officers are Anant Mathuram Dalvi (retired special land acquisition officer),Sheela

Navi Mumbai Real Estate News

Maharashtra Housing (Regulation and Development) Bill-2012 passed

The long awaited \’tough\’ Maharashtra Housing Bill was finally passed by the Maharashtra Assembly on 16th July,2012.The law aims to plug the loopholes in the previous law, namely, Maharashtra Ownership of Flats act-1963.The new bill retains most of the contents of MOFA, but contains additional \’tough\’ provisions.A joint select committee had submitted a report last

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