Revolutionizing Real Estate Oversight: MahaRERA Introduces Three-Tier Audit System for Housing Projects

A Paradigm Shift in Real Estate Governance In a groundbreaking move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has unveiled a comprehensive three-tier audit system for housing projects. This initiative signifies a significant paradigm shift in the oversight of real estate developments, aiming to enhance transparency, ensure compliance, and eliminate potential grievances from homebuyers. Scrutiny…

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The Financial Burden of Land Acquisition: Exploring Kerala’s Case in National Highway Development

Introduction: The recent disclosure by the Ministry of Road Transport and Highways has shone a light on the unequal financial burden borne by states in national highway development projects. While the Central government typically finances the majority of such undertakings, a new policy requiring states to share 25% of land acquisition costs has had a…

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A Plea for Resurgence: NAREDCO’s Pre-Budget Recommendations for India’s Real Estate Sector

India’s real estate sector, once a vibrant engine of the nation’s economic juggernaut, has in recent years grappled with significant challenges. Stalled projects, liquidity constraints, and a complex regulatory landscape have dampened investor confidence and impeded market growth. However, hope for revival flickers brightly in the pre-budget recommendations submitted by the National Real Estate Development…

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