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MMR property sales hit it big, highest since 2012 BySatish NandgaonkarSatish Nandgaonkar / Updated: Dec 10, 2020, 06:00 IST PHOTO FOR REPRESENTATIONAL PURPOSE November sales at a record high; year-on-year registrations, revenues shoot up nearly 67%; experts attribute it to reduced stamp duty. Property registrations and revenues in the Mumbai Metropolitan Region (MMR) touched a record high in November 2020. Registrations shot up 67 per cent year-on-year and 17 per cent monthon-month, as per data from the Department of Registration and Stamps analysed in two separate reports by Knight Frank I...

New rules will lead to 100% rise in affordable housing BySatish NandgaonkarSatish Nandgaonkar / Updated: Dec 10, 2020, 06:24 IST The Uniform Development Control and Promotion Regulations will give boost to real estate sector Developer body calls new regulations ‘game-changer’, says they will make construction across the state and multiple urban local bodies uniform. The new Uniform Development Control and Promotion Regulations (UDCPR) will contribute to the increase in supply of affordable housing by 100 per cent across the state, according to developer body CREDAIMCHI, which represents m...