e-SBTR (Electronic Secured Bank Treasury Receipt), a service for a single window payment of both stamp duty and registration fee for home purchase in Maharashtra, which was hitherto offered by IDBI Bank, Punjab National Bank, State Bank of India and others, will now be available with Union Bank of India also. The e-SBTR allows […]
Author Archive
June 1, 2016 11:00 am
Small houses back in trend
Owing to sky-rocketing property prices, luxury apartments are losing their charm among the middle classes and small houses are gaining popularity again. Due to the massive slump in real estate market since the last couple of years, developers are now reducing the size of houses instead of decreasing the prices. Top developers like Hiranandani, Kalpataru, […]
May 31, 2016 10:30 am
Rati Agnihotri’s son gives a tour of his stunning sea-facing apartment
Tanuj Virwani, son of yester year actress Rati Agnihotri has been living in this six bedroom sea-facing penthouse in Worli since 2007. This lavish duplex located in South Mumbai has a sea-facing terrace which makes one go green with envy. “We earlier resided in the western suburb of Juhu in Mumbai. Then we shifted to […]
May 30, 2016 10:00 am
Home insurance – how it works
Natural disasters like Fire, Lightning, Storm, Cyclone, Floods or Earthquakes are unforeseen and result in dense damage to not only life but also priced possessions like your house and its contents. Events like theft and burglary are also becoming common in the present day scenario. Naturally, the emotional stress and economic loss arising from such […]
May 27, 2016 10:00 am
Panvel to Badlapur –low cost yet attractive realty options
Despite skyrocketing prices, the charm of having an address in Mumbai does not cease to attract homebuyers to the city. Purchasing a property in the megapolis is no longer as simple as it used to be years ago. Scanty land availability coupled with zooming realty rates makes it almost impossible to get a low-priced accommodation […]
May 26, 2016 10:00 am
Legal provisions – purchasing property by NRIs in India
If you are a Non-Resident Indian and not aware about the legalities of owning or purchasing real estate in India, you would like to read on to enlighten yourself on the legal provisions set by the competent authorities pertaining to the purchase or owning of an immovable property in India under the Foreign Exchange Management […]
May 25, 2016 10:00 am
Altico to finance Mumbai & NCr projects for Rs. 130 cr
With a focus on senior secured lending to residential projects in the real estate sector across Tier-1 cities in the country, Mumbai-based NBFC, Altico Capital has closed two deals worth Rs 130 crore for residential projects in Mumbai and the NCR. “We have closed an Rs 50 crore transaction with Noida-based Lotus Greens group for […]
May 24, 2016 10:00 am
Ranbhir Kapoor beats Jindals in property deal
Bollywood heartthrob Ranbhir Kapoor has made the largest recorded transaction per square feet by paying a whopping Rs. 35 crore for a property in Mumbai. The apartment is located in Bandra, close to Krishna Raj, his parental home, and is possibly the highest recorded transaction in the suburbs with Rs 1.42 lakh per square […]
May 23, 2016 10:00 am
Rohit Sharma buys a villa worth 5 cr in Suniel Shetty’s project
Cricketer Rohit Sharma who not so long ago purchased a flat in Prabhadevi area of Mumbai for Rs. 30 crore, recently indulged onto a villa in Khandala. According to sources from the real estate industry, Sharma bought a bungalow in a residential project named ‘Discovery’, which is owned by actor Suniel Shetty’s company S2 Realty. […]
May 22, 2016 10:00 am
SRK’s Dubai realty project kicks off
Besides owning several properties in Dubai, Bollywood’s King Khan has also invested in a real estate project called Royal Estates. The ambitious project was formerly launched in 2008 but was put on hold due to global financial crisis. It was re-launched in August 2014 and latest news reports suggest that the construction for the […]