The Singh is Bliing actress has green lighted another Bollywood project. Having a pad of her own was vital now as hitherto she was putting up at a hotel in Juhu. Amy who is currently in a happy space after the success of her film, has finally leased a flat in Bandra. After being […]
Mumbai Archive
October 13, 2015 10:35 am
Altico Capital to finance 450 cr project in Mumbai
The non-banking financial company (NBFC) of Asia-focused investor Clearwater Capital Partners LLC, Altico Capital India Ltd. Has given Rs.450 crore of debt financing to an upcoming residential project in Mazgaon, south Mumbai. The project will be a joint venture of Radius Developers and Sumer Group which is yet to be launched. Under the plan, five […]
October 10, 2015 6:00 pm
Festive cheer may overlook the realty sector
Despite real estate developers trying all kinds of marketing gimmicks like funding schemes with upfront payment as low as 5 percent of home price, interest waiver for 2-3 years and freebies, sale velocity has not picked up. The residential property market has been deserted- by investors due to slow moving market with stagnant or dipping […]
October 9, 2015 6:00 pm
“We’ll ensure housing projects complete on time” – Maharashtra Govt.
The state Finance and Planning Minister, Sudhir Mungantiwar has announced that the government will provide all the required assistance to ensure real estate developments are executed in a time-bound manner. Urging developers to take up affordable housing projects at a real estate summit organised by National Real Estate Development Council (NAREDCO) Mungantiwar said that realtors […]
October 9, 2015 10:00 am
Edelweiss to raise $1 bn for its first realty fund
Despite a rough market scenario and inadequate interest from limited partners (LPs) in the Indian real estate segment, Edelweiss Alternative Asset Advisors Ltd, is raising up to $1 billion for its first residential real estate fund, confirmed a top executive of the company. The fund will explore for investment opportunities in five property markets—National Capital […]
October 3, 2015 10:00 am
India’s property market is getting pace after mega commercial deals
Currently, Indian property market is witnessing boost after the two mega commercial deals; In first deal; Carnival Group buys real estate project from L&T Group in Chandigarh and the deal price was Rs 1,785 cr and in second deal; Abbott Group buys office space from Godrej Properties in Mumbai and deal price was Rs 1,479 […]
October 2, 2015 10:00 am
Abbott India buys commercial property from Godrej Developers for Rs 1,480 cr in mumbai
Abbott India, one of the fastest growing Pharmaceutical firm has bought 4,35,000 sq. ft. of commercial property from Godrej Developers, which is located at Mumbai’s Bandra-Kurla Complex and the price of deal was Rs 1,480 crore. Godrej BKC is one of the largest and high-end commercial real estate projects in all over Mumbai as it […]
October 1, 2015 10:00 am
Sindhi refugees to get property ownership rights – Maharashtra
In a landmark decision, the Government of Maharashtra has ruled that property ownership rights will be granted to the Sindhi refugees who migrated from Pakistan after Partition and settled in Mumbai and other parts of the State. Eknath Khadse, Minister of Revenue has confirmed that the ownership rights will be transferred to all members of the Sindhi community […]
September 28, 2015 6:00 pm
Deepika Padukone’s new Prabhadevi home
The Bangalore beauty deepika Padukone has managed to buy a house in the expensive real estate city of Mumbai, at the age of just twenty six. A determined lady, deepika has fulfilled one of the ambitions of her life. After the 2 BHK flat in Bandra, she has excitedly purchased and shifted to a classy […]
September 25, 2015 10:00 am
A complete guide to BMC Property Tax payment (2015)
As per a new resolution of the BMC’s standing committee, property owners in Mumbai will have to pay an average increase of 14.52% as property tax from April this year. However, owners of flats that measure less than 500 sq ft will not pay the increase as they have been granted relief by the Chief […]