Daily Real Estate News Digest (3rd June 2019)

MahaRERA now opens execution tabs during appeal process.

Earlier, MahaRERA website had an inactive tab which prevented a home buyer from filing an online application for non-execution till the 60-day mandated period for appeal was over.

ET Realty

Maharashtra: 40 drones to help map lands for property cards.

The survey will help generate property cards for nearly 39,000 villages in the state.

ET Realty

Audit of 30-year-old buildings mandatory: BMC.

With rains expected this month, BMC has issued a public notice seeking compulsory structural audit of private buildings to be done. 

ET Realty

Developers in Maharashtra seek more clarity on title insurance.

 Title insurance for projects registered under the Maharashtra Real Estate Regulatory Authority is yet to take off with developers seeking more clarity on the benefits to consumers and seeking reduction in premium charges.

ET Realty

Infra firms face uncertainty in Andhra as Jagan cancels several projects.

The new Andhra Pradesh government’s move to cancel projects awarded before April and where work is yet to start is likely to impact orders worth Rs 30,000 crore.

Business Standard

Pune metro survey to cover 1,000 buildings in Kasba Peth.

The survey is a key component of the pre-tunnelling work, as it helps MahaMetro get a clear picture of the status of each building and flat in a 50m-radius of the Metro route alignment.

ET Realty

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