Our b-town folks are the most extravagant personalities in the country having assorted ways of spending their wealth. While some celebs like to buy luxurious cars, others like to indulge in holidaying at exotic destinations; but investing in real estate has and will always remain the favourite way of parking funds. In this post, we […]
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December 4, 2015 10:30 am
Commercial real estate – some huge deals of recent times
In most recent realty news, southern real estate developer, RMZ Corp is in the advanced stages of negotiations to acquire Equinox business park in Mumbai from the Ruias of Essar Group. Sources familiar with the development confirmed that the transaction has been concluded for a monstrous Rs. 2400 crore. While billionaire brothers Shashi and Ravi […]
December 3, 2015 1:30 pm
RMZ Corp is in initial talk to acquire Essar’s Equinox Business Park in Rs 2,400 cr deal
Essar is in initial negotiation stage with real estate developer RMZ Corp to sell its Equinox Business Park, which is located in Mumbai. According to sources the price of deal will be about Rs 2,400 crore, or $ 360 million. In recent years, this could be the biggest commercial real estate deal in the MMR […]
December 2, 2015 6:00 pm
India’s first “Smart City” in Navi Mumbai with new airport and township
Navi Mumbai is going to get the India’s first “Smart City” which is spread over an area of 75 sq km encompassing seven nodes and the upcoming airport with one new township. Presently, Brownfield project is developing the existing facilities in the few regions such as; Kalamboli, Kharghar, Ulwe, Panvel, Dronagiri, Kamothe, and Taloja nodes […]
December 2, 2015 10:30 am
How to choose the right loan for yourself?
Borrowing from a bank or a financial institution is perhaps one of the longest commitments to keep and a systematic approach to buying a loan is thus imperative. Choosing the right home is important but equally important is deciding upon the best loan for your requirement. In this post, we have attempted to demystify the […]
December 1, 2015 6:00 pm
Home sales rise in Mumbai 28 percent, a sign of life in real estate market of Mumbai
Now some of the buyers are finally returning to the real estate market of Mumbai, as real estate developers are offering 5 to 10 per cent discount and other offers as well such as; foreign trips, free parking space, free car, free AC and more. Now in Mumbai’s real estate market due to reduced size […]
December 1, 2015 1:00 pm
BlackSoil Realty is set to invest Rs 25 cr in Ahuja Construction’s “Project O2” through SPV
BlackSoil Realty Fund–I is all set to invest Rs 25 crore in Mumbai’s leading real estate developer’s project. According to sources, Ahuja Constructions will use this fund for mid-market focused upcoming project which is known as the “Project O2” and it is located at the Sion East. BlackSoil Realty will use the special purpose vehicle […]
November 30, 2015 2:30 pm
For real estate monetization, Air India has finalized its deal to sell 4 apartments in South Mumbai
Air India, the national carrier is ready to take off its plan for real estate monetization, as AI has finalized a deal to sell its 4 apartments in South Mumbai. After three years of gap, again Air India has finally started to sell its properties in Mumbai. Following by many unsuccessful attempts, this national carrier […]
November 29, 2015 6:00 pm
Property Tax collection – KDMC adopts innovative method
While it is the end of 2015 for others, it’s the beginning of property tax collection regime for the Kalyan-Dombivli Municipal Corporation. The KDMC usually commences its property tax collection in January – February every year, however this time it has decided to start the drive early to ensure that tax payers clear their dues. […]
November 29, 2015 10:00 am
‘The Trees’ – Godrej Properties’ new launch
Godrej Properties on Thursday launched The Trees, a flagship project spread over 34 acres of land, the Mumbai based real estate arm of the Godrej Group said in a report filed with the BSE. In the first phase, the company plans to develop a residential project that will have a total of 374 apartments with […]