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MahaRERA Fines 90 Builders For Ads Without Registration Number
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has fined 90 builders for advertising their projects without a valid registration number. This move comes as part of the authority's ongoing efforts to regulate the real estate sector and protect homebuyers from fraudulent practices. Under the Real Estate (Regulation and Development) Act, 2016, all real estate projects must be registered with MahaRERA before they can be advertised or sold to the public. The registration number serves
China Property Shares Rise on Financial Support Policy
In a move to bolster the real estate sector, property shares in China experienced a significant surge after the announcement of a new financial support policy. The policy aims to provide much-needed assistance to the property market, which has been facing challenges in recent times. The Chinese government has recognized the importance of the real estate industry in driving economic growth and stability. With this in mind, they have implemented measures to stimulate investment and provide
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