In past few years, Pune and Mumbai have seen aggressive growth in term of property prices since year 2012 by 49.97 percent and 73.91 percent respectively, whereas; the second most pricey real estate market was Delhi/NCR as it was observed that in Delhi/NCR the marginal price rise was 9.13 percent since year 2014. According to […]
Featured Archive
December 12, 2015 10:00 am
To buy or rent house Mumbai and Delhi/NCR are among costliest city, whereas; Ahmedabad and Hyderabad are among the cheapest city: Report
December 11, 2015 6:00 pm
Need of Time-Bound Infrastructure Development for the Growth of Real Estate Market in MMR and Mumbai, Niranjan Hiranandani
According to Niranjan Hiranandani, MD of Hiranandani Communities and Founder-First President of NAREDCO (National Real Estate Development Council) Maharashtra that works under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of India, stated that Infrastructure projects and their timely completion are responsible for the success and growth of Mumbai Metropolitan Regions and […]
December 11, 2015 10:00 am
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 […]
December 10, 2015 6:00 pm
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 […]
December 10, 2015 10:00 am
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 […]
December 9, 2015 6:00 pm
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 […]
December 9, 2015 10:00 am
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 […]
December 8, 2015 6:00 pm
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 […]
December 8, 2015 10:00 am
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 […]
December 7, 2015 2:30 pm
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, […]