Abbott India, one of the fastest growing Pharmaceutical firm has bought 4,35,000 sq. ft. of commercial property from Godrej Developers, which is located at Mumbai’s Bandra-Kurla Complex and the price of deal was Rs 1,480 crore. Godrej BKC is one of the largest and high-end commercial real estate projects in all over Mumbai as it […]
Author Archive
October 2, 2015 10:00 am
Abbott India buys commercial property from Godrej Developers for Rs 1,480 cr in mumbai
October 1, 2015 6:00 pm
NRI home buyer? Tips on repatriation of funds post realty sale
Are you a Non-resident Indian who has invested in Indian real estate market expecting a good return? Then you should understand the pros and cons of repatriating the money back to your country without any hassles. Remember, the planning should be done before you decide to make the purchase rather than during the sale […]
October 1, 2015 10:00 am
Sindhi refugees to get property ownership rights – Maharashtra
In a landmark decision, the Government of Maharashtra has ruled that property ownership rights will be granted to the Sindhi refugees who migrated from Pakistan after Partition and settled in Mumbai and other parts of the State. Eknath Khadse, Minister of Revenue has confirmed that the ownership rights will be transferred to all members of the Sindhi community […]
September 30, 2015 10:00 am
Quick guide on legal checks before property purchase
Recently, in an Allahabad High Court ruling, the real estate giant Supertech was asked to demolish its 40-storey tower in Noida. However the company will move the Supreme Court against the order claiming that all necessary approvals from appropriate authorities were in place. The tower was constructed against the mandatory building rules. While the permitted […]
September 29, 2015 6:00 pm
Increase EMI, Shorten tenure – Home Loan
Contemplating on buying a home on loan? Here are some quick tips before you finalize. It is certainly tempting to opt for a longer tenure on a home loan as it reduces the EMI amount. However, in a long-term loan, the interest outgo is too high. Let us see how. Lenders easily offer home loans […]
September 29, 2015 10:00 am
Transfer of property to Reits may be exempted from stamp duty
Following representations received by the prime minister’s office (PMO) from both domestic and foreign private equity players in the past two months, Finance Minister Arun Jaitley is expected to consider the issues of scrapping stamp duty on transfer of properties by private individuals and firms to real estate investment trusts (Reits) and making dividend distribution […]
September 28, 2015 6:00 pm
Deepika Padukone’s new Prabhadevi home
The Bangalore beauty deepika Padukone has managed to buy a house in the expensive real estate city of Mumbai, at the age of just twenty six. A determined lady, deepika has fulfilled one of the ambitions of her life. After the 2 BHK flat in Bandra, she has excitedly purchased and shifted to a classy […]
September 28, 2015 11:00 am
Buying resale property? Here are some tips
There are multiple reasons that push you into buying resale property, and the foremost being the urge to own a home of your own. Other than this evident reason, when you hear a lot of new residential and commercial projects entering the market on a regular basis and flying off the shelves even before they […]
September 25, 2015 10:00 am
A complete guide to BMC Property Tax payment (2015)
As per a new resolution of the BMC’s standing committee, property owners in Mumbai will have to pay an average increase of 14.52% as property tax from April this year. However, owners of flats that measure less than 500 sq ft will not pay the increase as they have been granted relief by the Chief […]
September 24, 2015 6:00 pm
6th Property Show at Hyderabad by TREDA, begins from October 2, 2015
Real estate developers, investors and buyers can expect rise in residential property prices by 10 to 15 per cent within one year of duration in Hyderabad. As per the statement of P Dasharath Reddy, President of TREDA (Telangana Real Estate Developers Association), it is expected that prices in real estate market will remain low in […]