The department of registration and stamps is working on an online module for the valuation of property by the people themselves eliminating the dependency on middlemen. The process of property valuations online in the public domain will ensure transparency and plug leakages in the collection of stamp duty. Valuation is the process of ascertaining the […]
Property News Archive
June 5, 2016 10:00 am
Hiranandani’s Powai retail space to be acquired for $1 billion
Developed over a decade, the Hiranandani Group, a partnership between brothers Niranjan and Surendra Hiranandani, which owns 4.5 million square feet of office and retail space in Powai, a suburb of Mumbai, will soon be acquired by Canada-based Brookfield Asset Management. This is said to be Mumbai’s largest property transaction in the commercial space which […]
June 4, 2016 11:30 am
Dancer Lauren buys her own home in Mumbai!
Mumbai, the city of dreams, is rightly called Mayanagri. It might be easier to fulfill most of your dreams here but for owning a house. Countless people have reveries of living here but buying a property here sure burns a huge hole in your pockets. Nonetheless, some are lucky to own an apartment here while […]
June 3, 2016 1:00 pm
Searching for properties online? Beware of fraudsters!
In today’s internet age where tasks from buying veggies to real estate happen online, it is becoming increasingly difficult to ascertain the authenticity of faceless entities. While the financial loss arising from expenditure on things like fake apparel or vegetables might not harm you as much, making a payment for booking an apartment certainly would. […]
June 2, 2016 10:00 am
e-SBTR-now make Maha Stamp Duty & Registration payment with Union Bank also
e-SBTR (Electronic Secured Bank Treasury Receipt), a service for a single window payment of both stamp duty and registration fee for home purchase in Maharashtra, which was hitherto offered by IDBI Bank, Punjab National Bank, State Bank of India and others, will now be available with Union Bank of India also. The e-SBTR allows […]
June 1, 2016 11:00 am
Small houses back in trend
Owing to sky-rocketing property prices, luxury apartments are losing their charm among the middle classes and small houses are gaining popularity again. Due to the massive slump in real estate market since the last couple of years, developers are now reducing the size of houses instead of decreasing the prices. Top developers like Hiranandani, Kalpataru, […]
May 31, 2016 10:30 am
Rati Agnihotri’s son gives a tour of his stunning sea-facing apartment
Tanuj Virwani, son of yester year actress Rati Agnihotri has been living in this six bedroom sea-facing penthouse in Worli since 2007. This lavish duplex located in South Mumbai has a sea-facing terrace which makes one go green with envy. “We earlier resided in the western suburb of Juhu in Mumbai. Then we shifted to […]
May 30, 2016 10:00 am
Home insurance – how it works
Natural disasters like Fire, Lightning, Storm, Cyclone, Floods or Earthquakes are unforeseen and result in dense damage to not only life but also priced possessions like your house and its contents. Events like theft and burglary are also becoming common in the present day scenario. Naturally, the emotional stress and economic loss arising from such […]
May 27, 2016 10:00 am
Panvel to Badlapur –low cost yet attractive realty options
Despite skyrocketing prices, the charm of having an address in Mumbai does not cease to attract homebuyers to the city. Purchasing a property in the megapolis is no longer as simple as it used to be years ago. Scanty land availability coupled with zooming realty rates makes it almost impossible to get a low-priced accommodation […]
May 26, 2016 10:00 am
Legal provisions – purchasing property by NRIs in India
If you are a Non-Resident Indian and not aware about the legalities of owning or purchasing real estate in India, you would like to read on to enlighten yourself on the legal provisions set by the competent authorities pertaining to the purchase or owning of an immovable property in India under the Foreign Exchange Management […]