If you do not have access to adequate information on legalities of buying a property, the consequence could be a harrowing experience! For instance, if the power of attorney isn’t in the name of the seller, or the legal procedures of the government are not met by the builder, then you might have to bear […]
Property News Archive
February 17, 2016 10:30 am
Affordable homes sale augments; breather for realty sector
The Data from the real estate sector in the early months of 2016 has revealed that property sales in the six major cities of India have increased by nearly 15 percent. Real estate research and consultancy firm Liases Foras has reported that maximum gain in sales has been recorded from Ahmedabad, Bangalore, Mumbai Metropolitan Region […]
February 16, 2016 10:00 am
Cinepolis expansion plans in Chandigarh
Cinepolis India, India’s first international exhibitor which already has operations in cities like Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, Ahmedabad, etc with its brand Fun cinemas and Fun Republic Mall, is all set to enter Chandigarh with a multiplex to offer an unparalleled movie watching experience to the residents of the Union Territory. The world’s […]
February 13, 2016 10:00 am
Launch of INSPIRE by Adani realty
Adani Realty, the recent foray of Adani Group has announced its first commercial project called ‘INSPIRE’ by Adani at BKC, Mumbai. The project with a built up area spread across eight lakh sq. ft. and G+10 floors, will offer offices of 2500 sq.ft. to larger floor plates of 50,000 sq. ft. of carpet area. Further, the […]
February 12, 2016 6:00 pm
Sale of home spaces increase by 7% in December quarter across top eight cities
According to a report by property research firm Liases Foras, during the quarter to December 2015, sale of homes across the top eight cities of India improved by 7% year-on-year. Sales increased by 15% on a quarter on-quarter basis on the back of sluggish pricing and discounts by builders during the same period. As per […]
February 12, 2016 10:00 am
Important Documents to be checked before purchase of a property
Following are a list of crucial documents that one needs to check before buying a property: (i) Authorities’ approval on Land titles and for construction permits One should ensure that the land is owned by the builder. Find out if the conveyance of the property […]
February 11, 2016 6:00 pm
Supertech Ltd. To compensate NRI for denying possession of flat
According to a complaint filed with the apex consumer commission by south Delhi residents Reshma Bhagat and her son Tarun Bhagat, they had made a payment of Rs 63, 99,727 to Supertech Ltd in 2008 for a luxurious flat in Greater Noida and the flat’s possession was to be given by December, 2009 which the […]
February 11, 2016 10:00 am
Mahesh Babu purchases land for farmhouse
After Mega family Chiranjeevi and Pawan Kalyan who own huge farm houses in the outskirts of the city, Mahesh babu is all set to follow suit. While the former superstars use their properties as a family holiday getaway and visit there during festivals, Mahesh Babu also seems to have similar plans. According to sources, Mahesh […]
February 10, 2016 6:00 pm
Rs.400 crore to be invested in Goa by Tata Housing over a period of 3 years
With an aim to develop a mid-income housing project in Goa, Tata Housing will be investing about Rs.400 crore over the next three years. The project is the second housing project in Goa undertaken by the Tata Group firm after developing the luxury project comprising 65 villas about 7-8 years ago. Under the project, the […]
February 10, 2016 10:00 am
Palace in the sky – Dubai’s answer to Antilia
Although Mukesh Ambani’s modest dwelling in the heart of Mumbai’s most expensive locality is worth more than $1 billion, the penthouse atop a 25-storey tower in the hyper exclusive residential development in Dubai’s Palm Jumeirah is a clear winner in terms of stacked designs and the views it offers. While Antilia enjoys the honour of […]