Navi Mumbai International Airport begins operations: How does it impact the real estate market around it?

With the start of the first commercial flight operations from the Navi Mumbai International Airport (NMIA) on December 25, real estate experts believe that the entire Navi Mumbai region and its surrounding areas in the Mumbai Metropolitan Region (MMR) and the Pune Metropolitan Region (PMR) are already witnessing a wave of optimism and growth, which […]

Maharashtra Tribunal blames developer’s ‘greed’ for Panvel project delay and orders interest compensation to the buyer

The Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s Sanvo Resorts Pvt Ltd to pay interest to a homebuyer for the delayed possession of an apartment in its Marathon Nextzone project in Panvel, near the upcoming Navi Mumbai International Airport (NMIA). Delayed possession: Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s […]