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Featured Archive

Frustrating for the real estate developers who launched new projects in Navi Mumbai

Haste is waste! Though not complete waste, it definitely is frustrating for the real estate developers who launched new projects in Navi Mumbai with gusto. To cash on the perceived real estate boom that would have accompanied the airport, developers had launched various projects in Navi Mumbai. However, the uncertainty now has unnerved the developers now […]

In Mumbai resides India’s COSTLIEST flat!!!

In Mumbai resides India’s COSTLIEST flat!!! Mumbai recently closed the costliest deal of the country. It has been reported that a sea-facing duplex in a Malabar Hill building was recently sold for Rs 57cr i.e. nearly Rs 1.35 lakh a sq ft. The country’s so far costliest residential flat occupies the 9th, 10th and 11th […]

Break Marriage to Cut Property Tax!!!

Over 50 couples in Shanghai, China filed for divorce within a day, in order to save tax on home sales. Report claims that similar figures were recorded in Wuhan, Nanjing and Ningbo in China. The couples opted to spend a small amount and divorce to split property ownership to escape paying the capital gains tax. […]

Residential apartments in Mumbai has dropped over 30% in the last five years.

The average size of residential apartments in Mumbai has dropped over 30% in the last five years. With this, realty developers’ intended to increase affordability and as a result sales of residential property. Interestingly this is not a trend followed in Mumbai alone. Researches show that the average residential apartment size has reduced across India. […]

10 Things you must check before buying property in India

10 Things you must check before buying property in India 1.Title deed / certificate of title of the land 2.Encumbrance certificate 3.Torence Plan 4.Pledged land 5.Property Tax receipts 6.Measurement of Property 7.Owner or Owners 8.NRI owner 9.Deed/ Sale Agreement 10.Property Registration http://bit.ly/17GGpbI

Odisha emerged as the hottest investment destination

Odisha emerged as the hottest investment destination for new projects as investor interest in “prosperous” states such as Maharashtra, Gujarat, Karnataka and Tamil Nadu declined during 2012-13  http://bit.ly/17QB2Hq

The falling price of rupees has brought more NRI investors

The increasing value of dollar against rupee might be a worrisome issue for most, but this is definitely not the case for the developers in Mumbai. According a report by the Times of India, the falling price of rupees has brought more NRI investors (non-residential Indians) into the Mumbai property market. It is believed that […]

Salman paid six times more than the actual worth of the property

  Actor Salman Khan is known for his Dabanng style not only in his reel-life, but also in his real-life. The actor reportedly bought a 1,079-square metre carpet area apartment in Bandra for a whooping 20crores. Controversies rose when it was brought to light by an activist that the actor paid six times more than […]

Installing fake railway station board

Caution for the buyers: Profit-driven imagination of the builders leads not only to fake promises, but also manipulating facts and installing fake railway station board. Midday recently exposed the hoax of a prominent construction group, which has been, for the past four years, advertising its project in Mumbai claiming to be well-connected by a pedestrian […]