CBRE India has been ranked on the prime for the eighth consecutive year for industrial real estate funding activity. The Indian market witnessed a cumulative funding of $ 67 bn over last eight years. Office has been a constant performer, with a cumulative share of 40%, followed by land at 27%. The Maharashtra Real Estate Regulatory Authority has made it obligatory for real estate developers to include their bank account particulars in recovery warrants despatched to the income division. This move goals to streamline the compensation recovery process for homebuyers going through delays or discrepancies in property transactions. By disclosing developers’ checking account information, MahaRERA aims to reinforce accountability and guarantee timely compensation for affected events.
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