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

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

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

Navi Mumbai International Airport: Construction in full swing

By Accommodation Times Bureau NAVI MUMBAI In a move to speed up the work of Navi Mumbai International Airport project (NMIA) City and Industrial Development Corporation (CIDCO) said plans are being assigned 22.5% for the project affected people, rehabilitation scheme and the transit work is being done for the adjoining works. “212 of

Cabinet okays appointment of  Adjudicating Authority, Tribunal for speedy disposal of  Benami cases

By Accommodation Times Bureau NEW DELHI The Union Cabinet on October 24 approved the appointment of Adjudicating Authority and establishment of Appellate Tribunal under Prohibition of Benami Property Transactions Act (PBPT), 1988. Salient Features: - Appointment of an Adjudicating Authority, along with the three additional Benches and to establish the Appellate Tribunal under the

China’s urban safety measures in Shanghai could prove useful in Mumbai: CM

By Accommodation Times Bureau MUMBAI The Chief Minister Devendra Fadnavis said China's urban safety measures in Shanghai could prove useful in Mumbai and will certainly be important to cooperate with China in various development projects on October 23. The CM said while speaking at meeting with Chinese Minister of Civil Aviation Zhao Kezhi

Maharashtra Housing Development Corporation to construct 5 lakh affordable houses

By Rohit Sharma MUMBAI: The Maharashtra Housing Development Corporation (Maha Housing) will construct 5 lakh affordable houses for the economically weaker sections, lower income groups and middle-income group by 2022, and every project will have at least 5,000 homes. A Cabinet meeting was held on Tuesday in which it approved Maha Housing to develop large colonies