Did you get an amazing discount on booking a new flat? Before rejoicing, complete a few checks. Real estate experts say many developers have increased the super built-up area by 60-70%. Which simply means that if you are buying a 1,000 sq ft apartment, yourcarpet area will only be 40-30%. So, you are not actually […]
Property News Archive
September 7, 2015 6:00 pm
Kamat Hotels to sell Vits for 190 cr.
India’s hospitality industry has been melancholic for the past few years due to the economic slowdown that hit both business and leisure travel. Quite a few hotels ran into losses amid falling check-ins and declining room tariffs, forcing their management to restructure their debts by selling off assets. The latest entrant, VITS, launched in 2007, […]
September 7, 2015 10:00 am
Pariniti Chopra now owns a whopping 22 cr home!
located in Khar, Mumbai, Parineeti Chopra’s house is a 4 BHK apartment and measures nearly 4000 sq ft. The actress has reportedly spent a monstrous sum of 22 crore to get hold of the spectacular pad. What’s special about the house is that it gives a stunning view of the Arabian sea! Buzz is that, […]
September 4, 2015 10:30 am
Aishwarya Rai Bachchan buys luxury home worth 21 cr.
Mumbai’s burgeoning Central Business District, Bandra-Kurla Complex is fast becoming a promising destination for many super wealthy who have begun purchasing luxury flats here. The area is emerging as an enclave that is already a home to many industrialists and celebrities. Industrialists like Gautam Adani, Vikram Pandit and Kishore Lulla already own property here. And […]
September 2, 2015 6:00 pm
Moody’s Investors Service: In near future property developers will face new challenges
According to Moody’s Investors Service, in past two to three years the capability of the Indian real estate developers to execute commercial and residential projects in market has been challenged because of late approvals and stretched liquidity. And such delays have slowed the flow of payments from buyers and investors as well as it has […]
September 1, 2015 11:00 am
State Government of Maharashtra is planning to do geo-mapping and geo-referencing of urban properties
In Maharashtra, major land records reform is about to come as State Government of Maharashtra is set to do the geo-mapping and geo-referencing of urban properties and it will help the potential buyers and investors to keep themselves away from being cheated, reduce litigations and ease property transactions. Government will not map the properties on […]
August 26, 2015 6:00 pm
13 per cent hike in property taxes by Nagpur Municipal Corporation (NMC)
According to reports, recently, the NMC (Nagpur Municipal Corporation) has hiked the property taxes by 13 per cent for current fiscal. And it is expected that people in this region will witness the more hike in the second demand note with the time of implementation of new tax system. It was big surprise for all […]
August 26, 2015 10:00 am
Those who deface property, take against them
K. Hanumanth Rao, the Joint Secretary of Federation of Residential Welfare Association Twin Cities, requested to governing authorities to take action against them who deface property for right or wrong cause because it’s not good for owner and society both. The more he added that I want to highlight the places in city where people […]
August 25, 2015 6:00 pm
A villager was killed by three people over property dispute
According to recent news, a villager was killed by three young people due to property dispute. The name of deceased villager was Somnath Pardhi (age; 48 years) and according to reports from past many years he had a long standing property dispute with his nephew Ramdas Pardhi (age; 27 years) from Vangani village, which is […]
August 25, 2015 10:30 am
South India Property Exhibitions in Thane
Before few years, In Gulf, Middle East and Europe South India Property exhibitions were take place for those who want to remain connected with their roots and want to invest in their respective home town, But now trend is changing and now Mumbai is one of the favorite spot to hold these kinds of property […]