Mumbai’s real estate has always been in the limelight, be it expensive trophy properties in South Mumbai or basic 1 bedroom-hall-kitchen apartments in the suburbs. The country’s commercial capital is branded as the hub of expensive residential properties. If you are wondering what makes homes in Mumbai so costly, Anuj Puri, Chairman & Country Head […]
Mumbai Archive
November 4, 2015 6:00 pm
To fund infrastructure projects, MMRDA puts 34,000 sq mtrs land on auction at BKC block
The MMRDA (Mumbai Metropolitan Region Development Authority) is all set to process the auction of land in BKC (Bandra-Kurla Complex) with an aim to fund its some of infrastructure projects. In past MMRDA has funded many infrastructure projects by selling different land parcels, but after 2007 its fist time when MMRDA decided to invite bids […]
November 2, 2015 10:30 am
Rashmi Group gets funding from Essel Finance
Mumbai-based private real estate company, Rashmi Group has confirmed that Essel Finance has invested in two of their Signature projects located at Mira Road and Pink City project located at Naigaon in North Mumbai. Rashmi Group has delivered 14,000 apartments and currently has over 1.5 million sq ft under construction. Property consultant JLL was the […]
October 31, 2015 10:00 am
Times Network is ready for the launch of housing and property channel “MagicBricks Now”
OK Times Network is ready to launch India’s first housing and property channel known as “MagicBricks Now” and it is going on air from November 1, 2015. On last Wednesday, officials from Times Network formally announced in New Delhi that they are ready to launch India’s first property channel “MagicBricks Now”. It is all set […]
October 30, 2015 6:00 pm
American-Indians are seek for the protection of their properties in India
Indian people who are living in America and other countries are looking for the way to protect their properties in India. Most of the time NRIs prefer to buy properties in India due to attractive return from real estate sector, but from past few years people of Indian origin who are living in abroad are […]
October 29, 2015 6:00 pm
According to CBEC, Title transfers of immovable properties are not taxable
In case of flat sales, the title transfer of immovable property with an issuance of an occupancy certificate will be exempted from any kind of service tax, on Monday the finance ministry stated. It was long time issue in the real estate domain and to resolve this long standing issue which is directly related to the […]
October 29, 2015 10:00 am
Now onwards Mumbai developers can take the help of private consultants to receive the NOCs
As a part of new initiative “Ease of Doing Business”, BMC is planning to reduce the building permissions from over more than 150 buildings to 70 buildings. However; according to the reports of construction industry, it is“Eyewash” stating that there is need of proper building approvals system in all civic bodies which are dominated by […]
October 28, 2015 6:00 pm
Service tax exemption for title transfer of immovable property
When it comes to sale of flats or transfer of title of immovable property, so now onwards after the issuance of occupancy certificate there will be no need to pay the service tax, as per latest guidelines of Finance Ministry of India. On Monday, CBEC (The Central Board of Excise and Customs) issued the clarification […]
October 26, 2015 10:30 am
Navi Mumbai Builders’ Association protests against CIDCO, NMMC
Charging CIDCO & NMMC for corruption and systemic delays in clearance of various real estate development plans, the Builders Association of Navi Mumbai (BANM) protested outside their offices recently. The agitation was sparked by the suicide of Suraj Parmar, a prominent builder on October 7 whose suicide note revealed the harassment he suffered while dealing […]
October 25, 2015 10:00 am
Ghodbunder Road – upcoming destination for affordable premium homes
From a small suburban town on the outskirts of Mumbai to a self-sustaining metropolis, Thane has progressed leaps and bounds over the last decade. It is a modern city with expansive flyovers, seamless highways and broad roads that contribute to its burgeoning social infrastructure. With a property price boom that was seen in areas in […]