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Showing posts from February, 2025

Relief for Dombivli Homebuyers? Maharashtra CM Hints at Moving SC for Justice!

The dream of homeownership is one that many aspire to, but for some Dombivli flat buyers, this dream has turned into a prolonged legal battle. In a recent development, Maharashtra Chief Minister has indicated that the state may approach the Supreme Court to seek justice for genuine homebuyers who have been affected by disputes and delays. This news brings a glimmer of hope for many who have invested their hard-earned money in properties but are facing legal and financial hurdles. The Dombivli Real Estate Crisis Dombivli, a growing suburban area in Mumbai’s metropolitan region, has seen a surge in residential developments over the years. However, certain projects have been marred by legal and regulatory issues, leaving buyers in limbo. Many homeowners have been struggling to gain possession of their flats due to disputes related to land titles, construction approvals, and financial mismanagement by developers. With the Maharashtra government stepping in, there is renewed hope that genui...

Bombay HC’s Ruling Creates Chaos – Shop Owners Now Get Full Rights!

  In a landmark judgment, the Bombay High Court has affirmed that shop owners within cooperative housing societies possess the same rights as other members, entitling them to actively participate in the management and decision-making processes of their societies. This ruling addresses longstanding ambiguities regarding the status of commercial unit owners in predominantly residential societies, ensuring their inclusion in the cooperative framework. If you are looking for fully furnished office space for sale in Noida or this ruling will have significant implications for you. Background of the Case The case was initiated by 12 shopkeepers who contended that they were unjustly excluded from the management affairs of their housing society. Represented by advocates Nilkant Bhadrashete and Harsh Malhotra, the shopkeepers argued that, despite owning units within the society, they were relegated to "nominal members" based on consent terms established with the builder. This nominal ...

ICICI Prudential AMC’s ₹177 Crore Move – Will It Transform the Real Estate Market?

  introduction The Indian real estate market has been witnessing significant investment activity, particularly in commercial office spaces. One such recent development is ICICI Prudential Asset Management Company (AMC) acquiring office space in Pune for ₹177 crore and leasing it back. This strategic transaction underscores the growing demand for premium commercial properties in India and highlights the evolving investment strategies of institutional investors. Additionally, investors looking for lucrative opportunities in the commercial real estate sector can explore options such as Office space for sale in Noida sector 153 , Office space in Noida for sale, Small office space in Noida for sale, Commercial space in Noida, and Office space for sale in Noida sector 132 . Noida, like Pune, has emerged as a prime business hub, attracting institutional and private investors alike. In this blog, we will analyze the details of this acquisition, the reasoning behind the leaseback strategy,...