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Author Archive

RBI grants permission to own property aboard

The world has truly become a global village! If you have got some disposable amount, you can even own a real estate asset in any country of your choice. What looked impossible earlier is now possible as the Reserve Bank of India (RBI) allows resident Indians to remit money abroad for the purchase of immovable […]

In Mumbai small-size apartments are in high demand

If you are having small budget, but still want to own the property, so 1BHK, 2BHK and studio apartments are the best option for you. Now most of the developers in Mumbai are coming-up with the configuration of small apartments as they are in great demand. Larger configurations offers the better amenities within and outside […]

Court allows flat owners to form federation to regulate maintenance fee

When people take possession of their apartments in any multi-storey group housing project, an important issue they have to deal with is maintenance of common areas and facilities. Many developers want to retain their hold over the facilities because of the lakhs of rupees collected as monthly maintenance fee from the residents depending on the […]

Consultations with stakeholders on Real Estate bill on Sept 19

The Ministry of Housing and Urban Poverty Alleviation will hold consultations with stakeholders on the Real Estate (Regulation and Development) Bill on September 19. The consultations will be held with representatives of the Ministries of Environment and Forests and Climate Change, Consumer Affairs, Civil Aviation, and Culture, a statement from the Ministry said. Before seeking […]

IGR to launch e-registration project to simplify sale agreements of properties

Here is good news for the home buyers. The Inspector General of Registration and Controller of Stamps (IGR) is set to launch an e-registration project to simplify the registration process for sale agreements of properties between buyers and developers. The project will enable the buyer to complete the formalities of registration from the site office […]

Now buy homes and shops online!

You buy mobiles, cameras, laptops and even groceries online, so why not buy your dream residential flat on the net? If you were waiting for such a thing to happen, your wait is now over. Online marketplace Snapdeal and Tata Value Homes, a subsidiary of Tata Housing with focus on affordable housing, recently announced partnership […]

A sneak-peek into Shah Rukh Khan and Gauri’s Majestic Mannat

Shah Rukh Khan and Gauri’s abode Mannat has always been the talk of B’Town because of its amazing interiors. The superstar and his entrepreneur wife opened doors of Mannat for Architectural Digest magazine. Majestic Mannat is nestled on the banks of the Arabian sea in Bandra, this mansion have 5 bedrooms, a gym, a library, […]

No need for NOC from civic authorities for registration of property

At a time when ways to reduce bureaucratic hurdles are being debated across the country, the state government has planned to remove one crucial layer in registration of properties. From now on, registration of property sale deeds will not require no-objection certificate from the local civic authority. Builders had been complaining that such NOCs delayed […]

Buy branded home in affordable price in Boisar, Thane

These days, Boisar in Thane is growing as one of the favorite destination for established real estate developers to launch affordable projects. Here buyer can own a home in very reasonable price, which starts from Rs 15-25 lakh. Some big names are such as; Mahindra Lifespaces and few mores are undertaking the residential projects in […]

Government proposes to issue licences to the brokers

To protect homebuyers from unscrupulous property agents, the ministry of housing is planning to make it compulsory for real estate brokers to get registered with the proposed real estate regulatory authority (RERA). It also plans to expand the purview of RERA to cover commercial as well as residential real estate. Real estate agents will now […]