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Author Archive

Cabinet seems to approve the changes in Real Estate Bill before its introduction in Parliament

This week, the Central Government is seems to intend the passage of Real Estate Bill in parliament, and the Cabinet is likely to approve the previous few changes that have been made after the recommendations of the select committee. According to sources, the housing ministry has incorporated approx. all the amendments which were recommended by […]

Godrej Properties sees record sales in one week!

The real estate division of Godrej Group had launched The Trees, its flagship project in the Vikroli suburb of Mumbai about two weeks ago. Out of the 374 flats in the offing, 300 have already been sold in the first week of its launch, the company said in a statement. Besides a residential complex, The […]

Bigger & better – 2016 brings MCHI’s fifteenth property show in THANE !

Opportunity to see and select your dream home has knocked on your door once again! Coming January, MCHI and CREDAI’s Thane unit provide you an avenue where you can explore properties galore. After witnessing a footfall of nearly 1, 00,000 realty enthusiasts during the fourteenth property expo last year, the next show promises to be […]

With new depreciation formula, the taxes on old properties will be more

Recently, Maharashtra State Government circulate new circular, which aims to increase the stamp duty revenue with the help of change in method of calculation of depreciation in old residential as well as commercial building  and it has caused a flutter in the real estate industry of Mumbai. As per the statement of legal experts, The […]

For IPO of Rs 2,500-crore, Bankers court Lodha Group

After four years of dropping its plan to go public, now again Lodha Group, which is country’s largest real estate developer in terms of sales is going to use the idea of launching an initial public offering (IPO) of equity to rise between Rs 2,500 crore and Rs 3,000 crore for the development of the […]

Richest MLA’s property seized

A Worli flat of the richest MLA as per the candidature filed for the Maharashtra Assembly polls last year. Mohit Kamboj was symbolically attached by a bank. Kamboj,who lost the Dindoshi seat on a BJP ticket in the Maharashtra Assembly polls, had declared assets worth Rs 350 crore and was the richest amongst all the […]

JLL launched its India Desk in Dubai

Recently, JLL, the leading real estate advisory and investment firm, has launched its own “India Desk” in Dubai, which aims to facilitate the cross boarder investment between the GCC and Indian market. It is expected that JLL’s new initiative will support and help the GCC investors to manage their real estate investments and properties in […]

S Balakrishnan, former journalist received threats from Underworld Don Chota Shakeel for placing a bid to buy Bhendi Bazaar Property of Dawood Ibrahim

According to recent reports, S Balakrishnan, former journalist received threats from Underworld Don Chota Shakeel for placing a bid to buy “Bhendi Bazaar Property” of Dawood Ibrahim. Currently, S Balakrishnan is associated with NGO Desh Sabha Samiti and is ready to bid for the property of Dawood Ibrahim, which is located at Bhendi Bazaar Market. On last, […]

A sneak peek into India’s Premium Real Estate Market

In past few years, real estate market of India has evolved from residential units at great location to luxury and vibrant concept of branded homes. These branded residential units or houses have make up this emerging luxury housing projects where the price of luxury houses are about $ 300,000 for 2000 square feet for the […]

CREDAI Odisha is going to organize Property Expo 2016 at Janata Maidan, Bhubaneswar

With a concept and objective to offer all facilities and services to its real estate members and other stakeholders, the CREDAI (Chapter of Conference of Real Estate Developers Association of India), Odisha if going to organize much awaited Property Expo 2016 at Janata Maidan, Bhubaneswar from the date 21st Jan to 24th Jan 2016. While […]