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In Kharar the property prices are about to increase says reports

According to recent reports and analysis of real estate experts, it’s clear that property prices in Kharar is about to increase because recently district administration has decided to hike collector rates. It is clear that all the societies, colonies and villages which will come under the authority of municipal council of Kharar will witness the […]

SRA builders can face action within 24 hrs of complaint, if they will accused of cheating

If there will be any irregularities in the construction of residential units under the Slum Rehabilitation Scheme, so the action will be initiated within 24 hours of receipt of cheating complaints by the buyers of Slum Rehabilitation Scheme, said Prakash Mehta, Maharashtra Housing Minister. The more he added that the developer was fined because it […]

EMI for home loans are about to fall as HDFC cuts its Home Loan Rate

HDFC, which is one of the largest home loan provider and private sector bank in India, it cuts home loan rate by 0.20 per cent to 9.9 per cent, as per the reports of Press Trust of India. However the revised rate are applicable for new as well as old or existing both customers. It […]

Manoj Gaur, MD of Gaursons is elected as president of CREDAI-NCR

In New Delhi, the CREDAI, an apex body of real estate developers elected Manoj Gaur, as President of the Delhi-NCR region; he is the Managing Director of Gaursons. As per reports, this new leadership team will consist of 19 members of executive committee on the board and it will also include the Rajeev Talwar, who […]

Consumer forum of Gurgaon, asked builder to make a refund

    Recently, in one of the case consumer forum of Gurgaon has directed Delhi based real estate firm or developer to refund Rs 4.25 lakh to one of their home buyer who had purchased a flat at Bhiwadi location. In an order which was passed on March 20, 2015, Raj Kumar Tewatia, who is […]

Action against builder for chopping 15 trees of Surat Municipal Corporation

  A Surat, based leading real estate developer was booked because he was chopping off 15 trees in Dabholi area for constructing a wall in compound. All the tress was 10-year-old and was owned by the SMC (Surat Municipal Corporation), whereas; in the process SMC lodged an FIR against builder under the Saurashtra Tree Felling […]

It’s mandatory for aspiring candidates to pay property tax before civic poll

Now Maharashtra property department has reason to joy as more than 1,800 people, including poll contestants are now queuing up to pay property tax before the upcoming NMMC election (Navi Mumbai Municipal Corporation). Now it will be mandatory for aspiring candidates to clear all their pending dues with the corporations to be eligible for contest […]

Now Sahara Group have 90 days time to raise Rs 1,200 crore, says SC

On Monday, the Supreme Court gave a time period of 90 days to Sahara group to finalize the deal of its three hotels which includes abroad and domestic properties to raise the Rs 5,000 crore cash component of the bail condition for release of its owner Subrata Roy and its other two group directors. As […]

SBI is ready to buy residential property of Air India in south Mumbai

India’s leading public sector bank, State Bank of India has received all necessary approvals from government opportunities to buy residential properties of cash-starved national carrier, AI (Air India) in south Mumbai for Rs. 90 crore. As per the sources of PTI, “State Bank of India has got all the required approvals as it has conveyed […]

In Maharashtra, now you can transfer, land, flat or land without paying stamp duty for registration

All the immovable properties such as; land, house or flat can now be transferred to blood relatives or children’s without any stamp duty on registration. It is expected that this will be the major relief for millions of families who are living in Maharashtra, as now onwards they don’t have to pay 5% of the […]