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economy
Maharashtra: Housing socities can avoid losses in managing committee re-polls

To prevent unnecessary financial burdens on co-operative housing societies due to constant re-elections to managing committees, the State Cooperative Election Authority (SCEA) has issued a new order, saying such polls need not be conducted to limited vacant posts if the body has completed over half its tenure. Instead, with the consent of society members, the…

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economy
Institutional investment in real estate highest in Q3 in 11 years

MUMBAI: Fund inflows from institutional investors reached its peak of Rs 11,212 crore — highest third quarter performance in the past 11 years — indicating the continued momentum in private equity investments in the Indian real estate sector.The investment volume increased 9 per cent from a year ago in the first three quarters of 2018…

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economy
RERA orders ‘health audit’ of realty projects in western UP to see where flats stuck

File photo NOIDA: The Real Estate Regulatory Authority (Rera) of UP held a meeting with development authority officials of western UP in Noida on Wednesday and directed them to conduct a health audit of all unfinished projects. This exercise will be different from financial audit, and the study will focus on finding the stages at…

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