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Mumbai : Legal metrology dept drafts rules to regulate real estate business

MUMBAI: To protect flat buyers from being short-changed by builders, the legal metro-logy department has, for the first time, prepared draft rules to regulate the construction industry. The proposed Maharashtra Legal Metrology (measurements for immovable properties and land) Rules, 2015, has been sent to the state and central governments for approval, said LMD controller and special inspector-general Sanjay Pande. “It will curb unfair trade practices and...

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Mumbai’s biggest redevelopment project’s Master plan cleared

The civic authorities on Friday granted the crucial master plan approval and other sanctions, paving the way for launching the first phase of the ambitious Bhendi Bazaar Redevelopment Project (BBRP), an official said here. The project is being executed by Saifee Burhani Upliftment Trust (SBUT). The Intimitation of Disapproval (IOD) letter and master plan approval will now entitle SBUT to apply for Commencement Certificate and then begin...

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