Navi Mumbai Airport stalled again

Just when the Navi Mumbai real estate market seemed set to take-off and builders were ‘factoring in’ the Airport into prices of flats in the vicinity of the airport due to the green signal of the Environment ministry,comes another bombshell sure to make people wonder whether this project will ever see the light of day. […]

Maharashtra Housing Regulation and Development Bill-Will it help?

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 in Maharashtra. Called the Maharashtra […]

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