In Mumbai and Delhi, real estate developers are finding it difficult to get the buyers and they are facing worse condition because due to unaffordable prices are leaving only non takers for new projects. As per the statement of Anuj Puri who is Chairman and Country Head at JLL India, currently the real estate […]
Navi Mumbai Archive
April 26, 2015 1:00 pm
Due to availability of inventory and price stagnation, only few takers are available for new homes in Mumbai and Delhi
April 22, 2015 9:00 am
On the concern on delay in delivery new Real Estate Regulatory Bill can be helpful
Now with new Real Estate Regulatory Bill, which is supposed to approve in current meetings by the Union Cabinet, end users and investors have several reasons to enjoy and feel confident about property investment matters, when it comes to concern on change in project layout and delay in delivery layout among others. Real estate developers […]
April 18, 2015 8:39 am
SRA builders can face action within 24 hrs of complaint, if they will accused of cheating
If there will be any irregularities in the construction of residential units under the Slum Rehabilitation Scheme, so the action will be initiated within 24 hours of receipt of cheating complaints by the buyers of Slum Rehabilitation Scheme, said Prakash Mehta, Maharashtra Housing Minister. The more he added that the developer was fined because it […]
April 16, 2015 9:00 am
EMI for home loans are about to fall as HDFC cuts its Home Loan Rate
HDFC, which is one of the largest home loan provider and private sector bank in India, it cuts home loan rate by 0.20 per cent to 9.9 per cent, as per the reports of Press Trust of India. However the revised rate are applicable for new as well as old or existing both customers. It […]
April 3, 2015 9:00 am
It’s mandatory for aspiring candidates to pay property tax before civic poll
Now Maharashtra property department has reason to joy as more than 1,800 people, including poll contestants are now queuing up to pay property tax before the upcoming NMMC election (Navi Mumbai Municipal Corporation). Now it will be mandatory for aspiring candidates to clear all their pending dues with the corporations to be eligible for contest […]
April 2, 2015 9:00 am
Now Sahara Group have 90 days time to raise Rs 1,200 crore, says SC
On Monday, the Supreme Court gave a time period of 90 days to Sahara group to finalize the deal of its three hotels which includes abroad and domestic properties to raise the Rs 5,000 crore cash component of the bail condition for release of its owner Subrata Roy and its other two group directors. As […]
April 1, 2015 9:00 am
SBI is ready to buy residential property of Air India in south Mumbai
India’s leading public sector bank, State Bank of India has received all necessary approvals from government opportunities to buy residential properties of cash-starved national carrier, AI (Air India) in south Mumbai for Rs. 90 crore. As per the sources of PTI, “State Bank of India has got all the required approvals as it has conveyed […]
March 31, 2015 9:00 am
In Maharashtra, now you can transfer, land, flat or land without paying stamp duty for registration
All the immovable properties such as; land, house or flat can now be transferred to blood relatives or children’s without any stamp duty on registration. It is expected that this will be the major relief for millions of families who are living in Maharashtra, as now onwards they don’t have to pay 5% of the […]
March 30, 2015 9:00 am
NMC is likely to fall short of property tax collection by 32% for the current financial year
It is expected that one of the civic body, Nashik Municipal Corporation (NMC) may fall short of property tax target by 32 per cent in current financial year due to poor response of tax defaulters. Recently, NMC has already issued warrants and notices to the tax defaulters and is planning to confiscate movable and immovable […]
March 28, 2015 9:00 am
Revised plan of BMC: Now you have to pay 12% more residential property tax
If new proposed formula of the municipal administration to calculate property tax in the city is approved by the standing committee of the BMC on Wednesday so all the residential property owners will have to pay the 11.74 per cent more residential property tax than what is paid now and it will come in effect […]