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He said all curbs, such as further taxes, imposed earlier to cool the property market can be lifted with quick effect. “Decoded” columns designed that can help you decode the complex world of residential real estate, from Agents to the Housing Market to the Industry as an entire. The housing society insisted on a share of the sale amount for its NOC to transfer the flat within the name of the brand new owner. In another south Mumbai constructing, a vendor paid the society Rs 28 lakh for a 2,850sqft flat, stories Nauzer K Bharucha. Manoj Champaklal Shah, 72, and Suresh Shroff, 65, directors of SVK project LLP, had been arrested by the Economic Offences Wing’s Unit 2 for defrauding 10 flat patrons of Rs eleven.50 crores in a redevelopment project in Vile Parle.