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• Maharashtra deputy CM sets three-year deadline for housing projects

  Maharashtra Deputy Chief Minister Eknath Shinde announced a three-year deadline for developers to complete housing and redevelopment projects. Builders adhering to timelines and quality will receive priority for future government contracts. Shinde emphasized the government's commitment to clearing administrative hurdles and accelerating cluster redevelopment, aiming to make Mumbai and Thane slum-free with quality housing for citizens.

  

• About 127 families in Thane still waiting for flats, admits MHADA

  MHADA has acknowledged that 127 families in Vartak Nagar, Thane, are still awaiting homes after redevelopment. This comes as MHADA gave conditional consent for occupation certificates for new buildings. The families are in a long-running dispute over rehabilitation and reduced carpet area. The Bombay High Court is hearing the case.

  

• ITAT deletes ₹14 lakh ‘on-money’ addition against Thane flat buyer

  A Thane resident's Rs 14.25 lakh tax addition for alleged cash payment on a flat purchase was deleted by the ITAT. The tribunal ruled the Income Tax department failed to provide evidence linking the buyer to 'on-money' transactions, emphasizing that statements alone aren't sufficient proof without cross-examination.

  

• MHADA reviews progress of housing projects in Kalyan taluka

  MHADA vice-president and CEO Sanjeev Jaiswal reviewed the progress of housing projects being developed by the Konkan Housing and Area Development Board at Khoni, Shirdhon, Gotheghar and Bhandarli in Thane district. The projects include large-scale housing for economically weaker and low-income groups, along with shops and civic amenities.

  

• Bombay HC clears Valor Estate subsidiary’s title over 205-acre Thane land

  The Bombay High Court has dismissed the Union of India’s appeal claiming ownership of a prime 205-acre land parcel in Bhayandar. The ruling, which upholds a 2018 lower court decree, brings a definitive close to over 40 years of litigation between the Salt Department and Miraland Developers, a subsidiary of Valor Estate.

  

• Thane: 11 residents cheated with fake housing scheme; credentials misused for transactions

  Fraudsters in Thane duped 11 residents by promising affordable housing under a government scheme. The accused collected Rs 5,000 each from victims, totaling Rs 55,000, and then forged their credentials to open bank accounts for larger financial transactions. Police have registered a case against three individuals for cheating and forgery.

  

• Illegal sand mining racket busted in Thane, machinery of ₹90 lakh destroyed

  Thane district authorities have launched a major crackdown on illegal sand mining in Bhiwandi taluka. The revenue department destroyed barges and suction units valued at approximately Rs 90 lakh. The operation targeted the Kevani creek area. Storage tanks for illegally extracted sand were also demolished.

  

• RSVM Hospitality buys 18.6-acre land parcel in Thane for ₹498 crore

  RSVM Hospitality has secured a significant land deal in Thane. The company acquired over 18.6 acres for more than Rs 498 crore from Neterwala Group entities. This large transaction occurred in Majiwada, Thane district. Such acquisitions are fueling future residential and mixed-use developments in the Mumbai Metropolitan Region. Thane's real estate market is experiencing strong growth.

  

• Thane civic body grants 90% penalty relief to property tax defaulters

  Thane Municipal Corporation has announced a 90% penalty waiver on property tax arrears to boost recovery. Residential property owners will now pay only 10% of the penalty, aiming to recover pending dues before the fiscal year ends. This move, however, has drawn criticism from timely taxpayers.

  

• Private entities to run 60 property registration centres; Pune, Mumbai to have facilities in first phase

  Maharashtra government will launch 60 new property registration offices across the state. These centres will be run by private institutions alongside existing government offices. The aim is to improve efficiency and reduce waiting times for citizens. The new facilities will offer enhanced amenities. However, an additional service fee will be applicable.

  

• Godrej Properties to jointly develop 18 acres land in Thane

  Godrej Properties has secured an 18-acre land parcel in Thane for a new joint development. This large-scale residential project is expected to generate over ₹7,500 crore in revenue. The development marks GPL's fourth venture in Thane, promising a well-planned, integrated residential offering.