News
& Views on Indian Real Estate
Thursday, September 25, 2008
Tough Time Ahead For Builders In Maharashtra
The Maharashtra Government has made it mandatory for builders to sell flats on the basis of carpet area, amending the Maharashtra Ownership Flats (regulation of the promotion of construction, sale, management and transfer) Act, 1963. "People end up paying more money for built-up area or super built-up area of flats and the amendment will help them save money," an official from the Housing Department said.
Excellent move. Maha govt. must be congratulated and all other govts should follow suit.
builder has shown ignorance about this new rule. can any one say in which gazette or under which notification it was issued?
I love your blog..
its all about real-estate
We are architects as architectural know more about Green eco architectural designs are reusable materials, green designs etc.. ..… Create an Eco friendly Green design… Save Earth.. interior designers Bangalore as of natural materials interior designers in Bangalore with almost modern concepts architects bangalore
Very nice and Informative post i like this,Keep Continue