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Satish Nandgaonkar

Articles by Satish Nandgaonkar

MahaRERA notice to developers for not updating project info

Mumbai: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has started serving show cause notices to 18,000 developers for not updating housing project information on the regulatory body’s portal

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Published on Jan 12, 2023 12:50 AM IST

BySatish Nandgaonkar

Residential sales show 19% rise y-o-y: Report

Mumbai: The year 2022 saw record sales of 85,169 housing units in Mumbai Metropolitan Region (MMR), a 35% growth over 2021, said a half-yearly real estate report released by Knight Frank India on Tuesday

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Published on Jan 11, 2023 12:46 AM IST

BySatish Nandgaonkar

Two developers directed to refund ₹30.76-crore GST benefit to 850 homebuyers in Parel project

Homebuyers who have not received the full benefit of input tax credit (ITC) on the goods and services tax (GST) payments made to developers can approach the National Anti-Profiteering Authority (NAA) for relief

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Published on Jan 10, 2023 12:42 AM IST

BySatish Nandgaonkar, Mumbai

Construction restrictions near defence establishments relaxed

Mumbai: In a major development, the ministry of defence has lifted the restrictions on constructions located within 500 metres of defence establishments and clarified that only constructions within 50 metres of highly sensitive establishments will require an NOC from the local military commander

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Published on Dec 31, 2022 11:53 PM IST

ByYogesh Naik and Satish Nandgaonkar

At ₹8,800 cr, property sale revenue highest in 10 years

Property sale registrations touched 9,182 units in December 2022, taking the annual numbers to a record 1.21 lakh and government’s revenue collection from registrations and stamp duty to ₹8,800 crore, the highest in 10 years, said international property consultants Knight Frank India in its latest assessment

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Updated on Dec 31, 2022 12:23 AM IST

BySatish Nandgaonkar

Bullet train project: Megha Engg-HCC lowest bidder for BKC station contract

A joint venture between Megha Engineering and Infrastructures Limited and Hindustan Construction Company has emerged as the lowest bidder to build the Bandra Kurla Complex station of the Mumba-Ahmedabad bullet train project, a NHSRCL spokesperson said on Wednesday

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Published on Dec 29, 2022 12:50 AM IST

BySatish Nandgaonkar, Mumbai

2022 sees highest ever residential sales in 10 years

MUMBAI: Despite an increase in property prices and home loan rates in 2022, residential real estate sales touched the highest ever sales peak, over a 10-year period, said data released by leading real estate research firms, Anarock and Liases Foras on Tuesday

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Published on Dec 28, 2022 01:37 AM IST

BySatish Nandgaonkar

Post-pandemic revelry: Why home is the best place to party this New Year’s Eve

With the spirit of the New Year’s Eve enveloping everyone and government lifting all Covid-19 restrictions, imposed two-and-a-half years ago, Mumbaikars are out to reclaim a lifeline that was rudely compromised – to have a good time

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Updated on Dec 28, 2022 01:33 AM IST

ByJeet Mashru and Satish Nandgaonkar

Air India Express Mumbai-Dubai flight delayed due technical issues

Mumbai A Dubai-bound Air India Express flight IX-247 from Mumbai was delayed by more than seven hours due to technical issues leaving 175 passengers stranded at the airport

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Published on Dec 28, 2022 01:06 AM IST

BySatish Nandgaonkar

Mind your CC and OC for plotted development: MahaRERA

Mumbai: The Maharashtra Real Estate Regulatory Authority (MahaRERA) on Monday issued a new circular defining what constitutes commence certificate (CC) and occupation certificate (OC) indicating completion of the project for plotted developments

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Published on Dec 27, 2022 12:51 AM IST

BySatish Nandgaonkar

HC directs suburban collector to sell realtor’s assets to recover amount

The Bombay high court has directed two banks to deposit the balance amounts belonging to companies of Vidhi Realtors Group with the court and asked the Mumbai suburban collector to attach unsold flats in three wings of Gaurav Discovery project to repay the amounts due to six home buyers

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Published on Dec 26, 2022 12:40 AM IST

BySatish Nandgaonkar

Patra Chawl residents demand rent arrears, fresh pact

Though the MVA-led government had given a go ahead for completing the rehab portion for 672 tenants on February 2022 and asked MHADA to release rent to the tenants, the Patra Chawl tenants continue to be deprived, due to a difference of opinion between the new government and the tenants

Mumbai, India - December 21, 2022: Under distress owing to the delayed possession for more than eight years, 1700 home buyers of the saleable component of Patrawala Chawl, Siddharth Nagar project, Goregaon (West), stage a protest demanding immediate possession of their apartments which are complete and ready to move in, outside MHADA Head Office, Bandra (East), in Mumbai, India, on Wednesday, December 21, 2022. (Photo by Vijay Bate/HT Photo) (HT PHOTO)

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Published on Dec 22, 2022 12:21 AM IST

BySatish Nandgaonkar

Aviation secy reviews congestion at airport

MUMBAI: After repeated complaints of congestion at airports, Civil Aviation Secretary Rajiv Bansal on Wednesday reviewed the issues during peak hours with airport operators of Mumbai and Bengaluru in a meeting attended by safety and security regulators like Director Generals of Civil Aviation (DGCA) and Bureau of Civil Aviation Security (BCAS) and other senior officials in New Delhi

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Published on Dec 21, 2022 10:47 PM IST

BySatish Nandgaonkar and Yogesh Naik

After Delhi, chaos hits Mumbai airport

The passengers said the airport had 24 to 30 immigration counters in the international arrival lounge, but several of them were empty, leading to long hours for clearances. The international arrivals have to go through a biometric identification system but some of the scanners were generating errors

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Published on Dec 21, 2022 12:15 AM IST

BySatish Nandgaonkar

At Mumbai airport, passengers complain of long queues at immigration counter

Passengers claimed there were 24 immigrations counters that were open but not enough personnel to manage leading to long hours of clearances

Passengers were seen in long serpentine queues at the immigration counters. (HT photo)

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Published on Dec 20, 2022 11:25 AM IST

BySatish Nandgaonkar

Buyers in Mulund housing project see no hope despite new developer

Launched with much fanfare and named after the tennis grand slam tournament by the Nirmal group, the US Open project comprising five buildings—Matchpoint, Aces, Centre Court, Game Point and Grand Slam—ran aground from 2014 onwards after 19 of the 40 storeys of the first two buildings were built

Homebuyers protesting at US Open project. Now, they are worried that their wait may be prolonged even further after a new promoter, who took over the project, has not made much progress either. Possession was promised between June and December 2015. (HT Photo)

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Published on Dec 20, 2022 12:50 AM IST

BySatish Nandgaonkar

Hyderabad-Dubai Air India flight lands in city after snag

The airport declared full emergency for the arrival of the flight and kept its emergency teams, including the fire brigade personnel, ready.

An Air India spokesperson said, “Hyderabad-Dubai Ai 951 has diverted to Mumbai due to technical issue. Air India accords top priority to safety and that’s why the aircraft landed for engineering checks. The flight landed safely at Mumbai with 143 passengers on board. Alternate aircraft is being arranged, and the passengers will continue their journey.” (AP)

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Updated on Dec 18, 2022 12:27 AM IST

BySatish Nandgaonkar and Yogesh Naik

Who photoshopped our memories, ask Hill Grange ex-students

Sophy Kelly’s batchmate Anamitra Dasgupta, an advertising professional and documentary filmmaker, remembered that the school was closed down in 2003, a year after Kelly’s death and the building pulled down during the pandemic

The Hill Grange Hill School at Peddar Road

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Updated on Dec 17, 2022 01:01 AM IST

BySatish Nandgaonkar

Relief to home buyers: MahaRERA appoints nodal officer to monitor execution of refund orders

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has appointed a retired additional collector to monitor the execution of recovery warrants, providing a much-needed relief to many home buyers who are aggrieved by the delay in getting back their money owing to the developers’ non-compliance with the orders

Mumbai, India - March 29, 2017:Muncipal commissioner Ajoy Mehta during a press conferance after releasing the Brihanmumbai Muncipal Corporation budget in Mumbai, India, on Wednesday, March 29, 2017. (Photo by Pratik Chorge/Hindustan Times) (Pratik Chorge/HT Photo)

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Published on Dec 15, 2022 12:19 AM IST

BySatish Nandgaonkar, Mumbai

Passenger surge, integrated security check-in causing delays at airport

Nationally, the footfalls of domestic passengers are rising and crossing the pre-Covid average. December 10 had 4,14,114 domestic passengers travelling on 2,798 flights and on December 11, 427,517 domestic passengers flew on 2827 flights

On Saturday, the domestic passengers saw a 26.28% increase from 88,243 passengers on the same day last year to 1,11,441. International passenger footfalls witnessed a 140% increase from 16,456 to 39,547 passengers. (HT Photo)

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Published on Dec 13, 2022 12:57 AM IST

BySatish Nandgaonkar and Yogesh Naik

State power discoms oppose Adani’s entry into Thane-Navi Mumbai

The Maharashtra State Electricity Workers Federation, representing 30 organisations, on Monday held a protest at Mahavitaran office in Wagle Estate opposing the alleged privatisation of the state utility and the entry of Adani Electricity into Thane-Navi Mumbai region

Thane, India - December 12, 2022: All unions and associations of electricity company employees, officers, engineers stage a protest against Adani, state government and central government for privatization of electricity industry of Maharashtra and its policies, in front MSDCL Office, Wagle Estate, in Thane, Mumbai, India, on Monday, December 12, 2022. (Praful Gangurde/HT Photo) (HT PHOTO)

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Published on Dec 13, 2022 12:42 AM IST

BySatish Nandgaonkar, Thane

Residents impacted by Juhu wireless station form association

The 1976 order issued under the Works of the Defence Act limits the height of structures in the vicinity of the signalling station to a maximum of 15.24 metres

Members of Juhu wireless affected residence association protested a rule that imposes height restriction on redeveloped buildings near the signalling station at Juhu, in Mumbai. (HT Photo/Vijay Bate)

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Updated on Dec 12, 2022 11:06 AM IST

BySatish Nandgaonkar

State approves financial institutions as ‘lenders’ to boost stuck SRA projects

Mumbai: In a decision that will provide a boost to stuck Slum Rehabilitation Authority (SRA) projects in the city, the Maharashtra government has approved the change in nomenclature of financial institutions who financed some of these projects from ‘co-developer’ to “lender” in the Letter of Intent (LOI) issued by SRA

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Published on Dec 11, 2022 12:29 AM IST

BySatish Nandgaonkar

HC issues contempt notices against suburban collector, tahsildar

The Bombay high court has issued contempt notices against the Mumbai suburban collector and Borivali tahsildar for not obeying its earlier orders of executing recovery warrants against promoters of Gaurav Discovery project in Malad west if no settlement takes place between the developer and six homebuyers

Mumbai, India - September 03, 2021: Bombay High Court at Fort, in Mumbai, India, on Friday, September 03, 2021. (Photo by Anshuman Poyrekar/Hindustan Times) (Anshuman Poyrekar/HT PHOTO)

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Published on Dec 07, 2022 12:32 AM IST

BySatish Nandgaonkar

On Ambedkar death anniversary, a documentary on Chaityabhoomi

Explaining the need for such a work, the filmmaker said, “Thousands of people congregate at Chaityabhoomi every year, but Bollywood or Marathi film industry, has never taken note of what inspires people to visit this place. This film is my contribution towards Babasaheb’s ideal – to eradicate caste and create an equal society

Mumbai, India - December 05, 2022: Youth leader Sujat Ambedkar (in green shirt), Great Grandson of Dr. Babasaheb Ambedkar during the poster release of “Chaityabhumi”, a film by Somnath Waghmare, at Dadar, in Mumbai, India, on Monday, December 05, 2022. (Photo by Bhushan Koyande/HT Photo) (HT PHOTO)

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Updated on Dec 06, 2022 12:32 AM IST

BySatish Nandgaonkar

Prestige Group to set up mall spread over 1 million square feet in city soon

Bengaluru-based Prestige Group will soon set up a mall with a multiplex, which will be spread over one million square feet, in the city

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Published on Dec 06, 2022 12:31 AM IST

BySatish Nandgaonkar, Mumbai

Urban planners lambast ‘profiteering’ MHADA plan for BDD Chawls redevelopment

Some of the city’s best-known urban planning experts came together on Saturday and critiqued the MHADA plan for the redevelopment of BDD Chawls at Worli, Naigaum and N M Joshi Marg, saying it was aimed at profiteering from the free sale component

The experts also denounced the proposal to have rehab buildings of 23 floors in N M Joshi Marg and Naigaum and free sale buildings of 45 floors. For Worli, the proposed rehab buildings are 40 floors high with two floors of parking podiums, and the proposed free sale buildings have 66 floors with 10 floors of parking. The plan also proposes a huge number of podium parking spots, including 3,170 at N M Joshi Marg, 4,747 at Naigaum, and 10,000 at Worli. (HT PHOTO)

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Published on Dec 04, 2022 12:26 AM IST

BySatish Nandgaonkar

IndiGo digitises pilot logs, will help flag pilot fatigue issue

Low-cost carrier IndiGo has become the first Indian airline to implement the ‘Digital E-logbook’ for its pilots, which will provide a direct flight data transfer from IndiGo systems to regulator DGCA’s digital governance initiative, eGCA. This will bring in transparency in operational logs and improve safety and efficiency

FILE PHOTO: An IndiGo Airlines Airbus A320 aircraft takes off in Colomiers near Toulouse, France, October 19, 2017. REUTERS/Regis Duvignau/File Photo (REUTERS)

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Updated on Dec 03, 2022 07:02 AM IST

BySatish Nandgaonkar

Godrej Properties acquires 18-acre land in Kandivali for a residential project

Mumbai: Godrej Properties Ltd

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Published on Dec 03, 2022 12:39 AM IST

BySatish Nandgaonkar

Roadwork snaps cable at T2 leading to evening hour chaos

MUMBAI: The numerous ongoing infra projects in the city and suburbs have wreaked havoc on the lives of Mumbaikars for over a decade now

Departures of several flights from Mumbai international airport were adversely affected – evidenced by pictures of long queues and proliferation of people at check-in desks circulated on social media at the time – when the optic fibre cable connecting the airport’s systems was cut off due to ongoing the infra work near the airport. The service provider is Tata Tele Services Limited. (Vijay Bate/HT Photo)

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Published on Dec 02, 2022 12:36 AM IST

ByYogesh Naik and Satish Nandgaonkar

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Satish Nandgaonkar

Mumbai: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has started serving show cause notices to 18,000 developers for not updating housing project information on the regulatory body’s portal

Mumbai: The year 2022 saw record sales of 85,169 housing units in Mumbai Metropolitan Region (MMR), a 35% growth over 2021, said a half-yearly real estate report released by Knight Frank India on Tuesday

Homebuyers who have not received the full benefit of input tax credit (ITC) on the goods and services tax (GST) payments made to developers can approach the National Anti-Profiteering Authority (NAA) for relief

Mumbai: In a major development, the ministry of defence has lifted the restrictions on constructions located within 500 metres of defence establishments and clarified that only constructions within 50 metres of highly sensitive establishments will require an NOC from the local military commander

A joint venture between Megha Engineering and Infrastructures Limited and Hindustan Construction Company has emerged as the lowest bidder to build the Bandra Kurla Complex station of the Mumba-Ahmedabad bullet train project, a NHSRCL spokesperson said on Wednesday

MUMBAI: Despite an increase in property prices and home loan rates in 2022, residential real estate sales touched the highest ever sales peak, over a 10-year period, said data released by leading real estate research firms, Anarock and Liases Foras on Tuesday

With the spirit of the New Year’s Eve enveloping everyone and government lifting all Covid-19 restrictions, imposed two-and-a-half years ago, Mumbaikars are out to reclaim a lifeline that was rudely compromised – to have a good time

Mumbai A Dubai-bound Air India Express flight IX-247 from Mumbai was delayed by more than seven hours due to technical issues leaving 175 passengers stranded at the airport

Mumbai: The Maharashtra Real Estate Regulatory Authority (MahaRERA) on Monday issued a new circular defining what constitutes commence certificate (CC) and occupation certificate (OC) indicating completion of the project for plotted developments

The Bombay high court has directed two banks to deposit the balance amounts belonging to companies of Vidhi Realtors Group with the court and asked the Mumbai suburban collector to attach unsold flats in three wings of Gaurav Discovery project to repay the amounts due to six home buyers

Though the MVA-led government had given a go ahead for completing the rehab portion for 672 tenants on February 2022 and asked MHADA to release rent to the tenants, the Patra Chawl tenants continue to be deprived, due to a difference of opinion between the new government and the tenants

Passengers claimed there were 24 immigrations counters that were open but not enough personnel to manage leading to long hours of clearances

Launched with much fanfare and named after the tennis grand slam tournament by the Nirmal group, the US Open project comprising five buildings—Matchpoint, Aces, Centre Court, Game Point and Grand Slam—ran aground from 2014 onwards after 19 of the 40 storeys of the first two buildings were built

The airport declared full emergency for the arrival of the flight and kept its emergency teams, including the fire brigade personnel, ready.

Sophy Kelly’s batchmate Anamitra Dasgupta, an advertising professional and documentary filmmaker, remembered that the school was closed down in 2003, a year after Kelly’s death and the building pulled down during the pandemic

Nationally, the footfalls of domestic passengers are rising and crossing the pre-Covid average. December 10 had 4,14,114 domestic passengers travelling on 2,798 flights and on December 11, 427,517 domestic passengers flew on 2827 flights

The Maharashtra State Electricity Workers Federation, representing 30 organisations, on Monday held a protest at Mahavitaran office in Wagle Estate opposing the alleged privatisation of the state utility and the entry of Adani Electricity into Thane-Navi Mumbai region

The 1976 order issued under the Works of the Defence Act limits the height of structures in the vicinity of the signalling station to a maximum of 15.24 metres

Bengaluru-based Prestige Group will soon set up a mall with a multiplex, which will be spread over one million square feet, in the city

Some of the city’s best-known urban planning experts came together on Saturday and critiqued the MHADA plan for the redevelopment of BDD Chawls at Worli, Naigaum and N M Joshi Marg, saying it was aimed at profiteering from the free sale component

Mumbai: Godrej Properties Ltd

MUMBAI: The numerous ongoing infra projects in the city and suburbs have wreaked havoc on the lives of Mumbaikars for over a decade now

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