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Property News Archive

Maha Govt will issue Conveyance Certificates to housing societies within 6 months of application

Soon after Devendra Fadnavis joined as the Chief Minister of Maharashtra, he had promised a stringent legislation to provide basic services to the citizen in a time-bound manner. “For efficient and transparent governance, we will provide 110 services in a timely manner”, he had told the Legislative Assembly. In a landmark decision taken on September […]

Goa property owned by Leelaventure sold for 725 cr.

The luxury hotels operator Leelaventure Ltd. has sold its Goa property to a Malaysian company for Rs 725 crore ($111 million). According to sources, this move has been taken to cut its debt. MUMBAI : The state government on Saturday took a landmark decision to provide deemed conveyance certificates to housing societies within six months […]

House hunting goes mobile!

Home search is evolving from the traditional broker or word-of-mouth driven to online property search. With the rapid penetration of smartphones in Indian households, looking for property online through mobiles has witnessed nearly 3 times faster growth than through desktops, a recent survey has revealed. Mobile solutions are taking a ground-breaking leap in helping buyers […]

Abbott India Ltd. has bought 500,000 sq. ft. commercial space at Mumbai in Rs 1,400 crore

Recently, Abbott India Ltd. has closed a deal of Rs 1,400 crore in Mumbai, where Abbott has bought 500,000 sq. ft. commercial space and it is one of the largest commercial real estate deal in present time, as per the real estate experts who are familiar with the real estate transaction. This deal is clear […]

DNA property expo debuts in Navi Mumbai today!

The fast pace of growth at Navi Mumbai has made the satellite city the new number one choice for home buyers. If you’re also looking for your dream home or just to invest, drive down to Navi Mumbai this weekend, where dna property expo will debut, and will be in full swing for next two days. Starting on […]

DB Realty Commences construction of Bandra Project

Development of land admeasuring about  20,150 sq mt in the Bandra Kurla Complex (BKC) is being undertaken by MIG(Bandra) Realtors & Builders which is a wholly-owned subsidiary of DB Realty. DB Realty had entered into an agreement with MIG Cooperative Housing Society for the said development in October 2010. So far DB Realty has made […]

Lincoln House sold for 750 cr., Cyrus Poonawala breaks Birla’s record!

In a mind-boggling weekend sale, the iconic Lincoln House was sold to Cyrus Poonawalla, billionaire-chairman of the Pune-based Serum Institute, for a whopping Rs 750 crore! The sale of the Lincoln House, located in the Breach Candy area of south Mumbai, which housed the erstwhile office of the US Consulate, has been termed as the […]

Property Now a real estate TV channel launched by TimesGroup.

M K Anand, MD & CEO Times Network, the broadcast arm of Bennett Colman & Co.Ltd. announced launch of India’s first 24X7 property news channel ‘Property Now’ at the inaugural session of FICCI’s The Big 5 Construct India 2015 in Mumbai on Thursday. He also said that today the real estate industry contributes to the […]

Bhujbal’s Navi Mumbai property to be attached by Enforcement Directorate

The Enforcement Directorate (ED), is preparing itself to seize a plot in Kharghar, Navi Mumbai, promoted by Pankaj Bhujbal and nephew Samir Bhujbal, the son & nephew of NCP Leader Chhagan Bhujbal respectively. The ED is already investigating a money- laundering case against the Nationalist Congress Party leader and former Public Works Department (PWD) minister […]

Tollywood star Allu Arjun buys house in Mumbai

After Ram Charan and Rana, the latest Tollywood superstar to buy a house in Mumbai is Allu Arjun. Allu Arjun has recently purchased a 2BHK apartment in Mumbai at a very high price. So, what’s special about it? Well Allu Arjun is personally involved in designing the interiors of his house. Sources say that Arjun […]