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Property News Archive

Blackstone buys retail space in Seawoods Grand Central worth Rs. 1450 cr

In its second realty deal this year, Blackstone Group Lp is likely to buy a million sq.ft of retail space in the 40-acre transit oriented project which is being developed by L&T Realty in Navi Mumbai around Seawoods Darave railway station. According to sources, Blackstone has in-principle agreed to buy the retail portion of Seawoods […]

King of Good times’ $15 million mansion in UK

Liquor baron Vijay Mallya who is under scrutiny for defaulting on loans worth Rs. 9000 crore from various Indian banks, has been living in a $15 million mansion in England’s Hertfordshire county, The Sunday Times reported. The mansion was bought from the father of the Formula One champion Lewis Hamilton, by a company with offshore […]

Priyanka’s Montreal home – living life in style!

In an industry where many dreams get crushed every day, Priyanka Chopra has sure sweat it out to survive and make it big. From ‘Quantico’ to ‘Baywatch’ and to presenting the Oscars, PC is on a roll! The beauty has been hopping in and out of India, shooting for the second season of her show […]

Coming soon-Fixed Rate for longer term Home Loans from SBI

If you are wondering whether With the new benchmark rates being reviewed every month, should new home loan borrowers keep checking rates or will the annual reset take care of everything, Arundhati Bhattacharya, Chairman of country’s largest lender State Bank of India explains it all here. The Base Rate is reviewed quarterly and banks cannot […]

Fraud housing scheme: Maha Govt files ‘cheating’ case against Maple Group

A complaint was filed at the Shivaji Nagar police station in Pune by the State Government against The Maple Group which had recently published advertisements to promote its housing scheme that offered a one-bedroom-hall kitchen flat for just Rs 5, 00,000 on the outskirts of Pune. The government had earlier issued a notice to the […]

SEBI may outsource auction of 87 Sahara properties

As part of the long effort to recover money from the Sahara Group, the Securities and Exchange Board of India (SEBI) is planning to outsource the Sahara property auction job, which could be worth nearly Rs 40,000 crore. The market regulator is in talks with SBI CAP Trustee Co and UTI Infrastructure Technology and Services […]

CBRE bags contract for 1.8 million sq ft facility management

Property consultant CBRE has been appointed as the facility management service provider for 1.8 million sq ft commercial project of Assotech Realty, the company said in a statement. CBRE, which is a global leader in real estate services, would manage Assotech Business Cresterra (ABC) project in Noida. In this commercial project, Assotech Realty is developing […]

Is your home worthy of you?

Buy only that dream home that is worthy of you. Yes, this is what Aditya Birla Housing Finance Ltd. (ABHFL’s) new ad campaign says. The Aditya birla Group has launched a new website www.trueworth.co.in which will help you find the home that you deserve. With this new campaign, ABHFL aims to bring about a change […]

Offline checks before you buy:

Real estate is a big ticket item; a great deal of contemplation is required before you sign on the dotted line. A visit to past projects is a must and gauges the level of satisfaction of past buyers. Next, try to find if the developer has a strong intent to deliver the project on time. […]

Be ready for offline legwork for online property deals

The World Wide Web has made the entire inventory of the realty market available to buyers at the click of a mouse button! Recently while property consultancy JLL India held an Online Home Fest to help developers market their residential projects directly to home buyers over the internet, real estate portal Magicbricks.com just concluded its […]