Can a person looking to rent a house, be refused tenancy by housing societies? If legal experts are to be believed, housing societies frame their own laws. There are broad guidelines, or bye-laws, that every housing society adopts when it is registered. These rules and regulations govern the day-to-day functioning of the […]
Navi Mumbai Archive
June 15, 2016 6:57 am
Reliance plans to monetize real estate up to 6000 cr.
After Mukesh Ambani moved his group to an open space in Ghansoli, Navi Mumbai last year, younger brother Anil Ambani too has plans of real estate monetizetion. Reliance Group’s ADAG also followed suit by moving its headquarters from Ballard Estate to Santacruz. Last month, Anil Ambani and some top executives of its cluster companies […]
June 1, 2016 11:00 am
Small houses back in trend
Owing to sky-rocketing property prices, luxury apartments are losing their charm among the middle classes and small houses are gaining popularity again. Due to the massive slump in real estate market since the last couple of years, developers are now reducing the size of houses instead of decreasing the prices. Top developers like Hiranandani, Kalpataru, […]
May 27, 2016 10:00 am
Panvel to Badlapur –low cost yet attractive realty options
Despite skyrocketing prices, the charm of having an address in Mumbai does not cease to attract homebuyers to the city. Purchasing a property in the megapolis is no longer as simple as it used to be years ago. Scanty land availability coupled with zooming realty rates makes it almost impossible to get a low-priced accommodation […]
May 6, 2016 10:00 am
Raheja to develop 6 million sqft for Rs. 2000 crore in Navi Mumbai
Buoyant with the increasing demand of affordable commercial office spaces, the K. Raheja Group which already runs three IT parks under the brand Mindspace, is planning to invest an estimated Rs.2,000 crore in acquiring land and developing 6 million sq. ft of commercial space in the next two-and-a-half years in Navi Mumbai. Vinod Rohira, managing […]
May 4, 2016 10:00 am
Cuffe Parade could get a New York like Central Park
The Central Park in NYC, one of the most filmed locations in the world, is spread over nearly 900 acres. Now, The BMC wants to build Mumbai’s largest park in south Mumbai, on the lines of the historic Central Park in New York City. The civic body has proposed to reclaim 300 acres off Cuffe […]
April 29, 2016 10:00 am
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 […]
April 6, 2016 6:00 pm
Ready Reckoner Rates hiked by 7% in Maharashtra
The state revenue minister, Eknath Khadse made an announcement in the state assembly that the Ready Reckoner (RR) rates have been increased to 7% with Effect from April 1, 2016. In rural areas the rates have been hiked by 8%, 7% in influential areas, 7% in municipal council and nagar panchayat limits and 5% in […]
April 5, 2016 10:00 am
Gudi Padwa- the time to buy your new home
The festival of Gudi Padwa typifying all new auspicious beginnings is earmarked by builders for launch of their respective projects. Particularly, this year the timing of the festival is well placed for project launches. Talking about the buoyant feeling about increasing end user demand in the market, Ravi Ahuja, Executive Director, Development Services, India, Cushman […]
February 16, 2016 10:00 am
Cinepolis expansion plans in Chandigarh
Cinepolis India, India’s first international exhibitor which already has operations in cities like Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, Ahmedabad, etc with its brand Fun cinemas and Fun Republic Mall, is all set to enter Chandigarh with a multiplex to offer an unparalleled movie watching experience to the residents of the Union Territory. The world’s […]