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Author Archive

Clean Thane Mission – societies to get 5% tax rebate

  Be it making bio-fuel from nirmalya (holy waste) or making the city digi-smart by launching an app, Thane has seen a wide range of developments in all spheres and always been at the forefront of new changes. Interestingly, Thane Municipal Corporation has ensured public participation in all initiatives. With major infrastructural projects in the […]

Tata Realty & StanC acquire commercial assets worth Rs. 250 crore in Gurgaon

    In a deal valued at Rs 250 crore, Tata Realty & Infrastructure and Standard Chartered Private Equity have purchased the commercial assets of Gurgaon-based builder M3M as a joint venture. “The joint venture between the subsidiary of Tata Sons & the StanC NBFC acquired 25 acres @ Rs. 10 crore per acre from […]

Tenant woes in metro cities

      Can a person looking to rent a house, be refused tenancy by housing societies? If legal experts are to be believed, housing societies frame their own laws. There are broad guidelines, or bye-laws, that every housing society adopts when it is registered. These rules and regulations govern the day-to-day functioning of the […]

Builder offers flats cheaper than MHADA, sued for misleading ad

  A real estate firm, Ekta World, in their recent ad campaign showed an image of Anil Kapoor, who is endorsing the brand, claimed that it is selling flats at rates cheaper than MHADA’s. Ashok Mohnani, the owner of Ekta World, claimed that while in Virar MHADA’s latest homes were priced at Rs 6,500 per […]

What do you know about carpet area, built-up area and super-built-up area?

  Nowadays, finding a home of one’s choice has become both easy and risky because of the wide variety of options available to choose from. A number of builders are out there providing you all that you require in a dream home in terms of construction, infrastructure, and much more. However, finding out a home […]

Builder constructed temples to earn money, also booked for duping 455 real estate investors

  Delhi-based builder, Manoj Bhardwaj, a director of Arun Dev Builders, is alleged to have conned nearly 455 depositors looking to invest in real estate. The accused is wanted in nine cases and has been arrested for duping investors in the National Capital Region and other places in North India,” Additional Deputy Commissioner of Police […]

Now, Noida real estate attracts Sachin Tendulkar

    The twin cities of Noida and Greater Noida have been attracting several celebs for a few years now and the latest to join the band wagon is the God of cricket, Sachin Tendulkar! The Master Blaster bought a flat at a housing society in Greater Noida and his wife Anjali came down to […]

Who’s hotter – Hrithik Roshan or his properties

  Hrithik Roshan, the heartthrob of millions is not only one of the best actors in town, but also an exceptionally smart investor. Speaking about his entrance into the real estate market, the handsome actor reveals that he trusts only real estate as a reliable investment instrument. “The first investment I made from my money […]

SC orders Unitech to deposit Rs. 5 cr as penalty for delay

  On a complaint filed by two home buyers—Diwakar Mishra and Vinay Kumar Singh—who had booked apartments in Unitech’s Noida luxury residential project in October 2010 and supposed to get possession by April 2012, NCDRC had asked the developer to offer possession of the flats on or before October 31, 2017 along with “compensation @ […]

Emraan Hashmi’s holiday home in the desert city

  Following the footsteps of other Bollywood biggies, Emraan Hashmi too is keen to purchase a property in Dubai. As a regular traveller to the UAE, he would stay in hotels and therefore, Emraan is desirous of owning a property like a holiday home. “Emi already has bungalows in goa and a few properties in […]