Ordinance to amend Maharashtra Co-operative Societies Act 1960: All you need to know

By K. K. Ramani (Advocate) The Maharashtra Cooperative Societies (Third Amendment) Ordinance 2018 promulgated by the Governor of Maharashtra brings about significant changes in the Cooperative Societies Act, mainly to cater to the issues of cooperative housing societies. Maharashtra Cooperative Societies Act, as it stood, is designed to regulate the affairs

Rustomjee receives OC for luxury project

By Accommodation Times Bureau: MUMBAI: Rustomjee Group’s flagship project Paramount has completed yet another its Occupation Certificate (OC) for its D and E Wing and had earlier received OC for other 2 of its prominent wings – A and B. The D & E Wing comprises of 3 & 4 Bed Sea

New Chapter: housing societies can conduct elections if less than 200 members

By Rohit Sharma MUMBAI: Now, the housing society can self-conduct elections of the committee if the society has less than or up to 200 Members, according to Maharashtra Co-operative Societies (Third Amendment) Act, 2018. “The Governor of Maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action further

New lease policy for Playground renewal  

By Accommodation Times Bureau The State cabinet on Thursday approved the lease policy for playground and gymnasium. According to the provisions of the Maharashtra Land Revenue Code, 1966 and Maharashtra Land Revenue (Disposal of Government Land) Rules, 1971, the Government land has been leased out to the state government at a nominal rate

A Consumer’s Guide to Using Maha RERA Data

By Ramesh Nair, CEO & Country Head, JLL India The data available on the MahaRERA website makes it one of the most detailed and informative among RERA websites deployed so far, thereby also making it one of the most potentially useful for end-users and investors to base their decisions on. The

HUDA reduces rate of penal interest to 8%

By Accommodation Times Bureau In yet another revolutionary step that will solve the long-standing vexed problem of enhancement dues in HUDA sectors, Haryana Chief Minister, Manohar Lal has decided not only to reduce from 15 percent to 8 percent the interest charged on the Less Conveyed enhancement amounts  per annum but

Long pending demand of over 1000 landowners fulfilled

By Accommodation Times Bureau While fulfilling the long pending demand of thousands of landowners, the Haryana Chief Minister, has given approval for releasing 60.57 acres land under the fully inhabited four colonies in Faridabad. Trikha colony, Bhatia colony, Raghubri colony and Shiv colony, parts which were acquired by HUDA 20 years back,

Embassy Industrial Parks lays foundation for its largest warehousing park

By Accommodation Times Bureau GURUGRAM: The Embassy Industrial Parks laid the foundation for the largest warehousing facility till date on October 24. The increasingly crucial role of the logistics sector has been highly discussed along with India’s rapid development story. With its pioneering approach, Embassy Industrial Parks asset the target to construct

Sangli: Strict action against slums built on government land

By Accommodation Times Bureau SANGLI: Chief Minister Devendra Fadnavis on October 24 said the state government has announced a fund of Rs 100 crores from Nagarothana scheme for Sangli Miraj Kupwad Municipal Corporation to implement basic facilities development scheme. A detailed proposal should be submitted to the Government for the development work done by the