The common man in Punjab can now be relieved as the practice of procuring a no objection certificate (NOC) from the local body or housing development authority for the registration of sale deeds of property has been abolished. Instead, the seller will have to give a declaration regarding the property being within municipal limits and […]
Real estate Archive
September 4, 2015 10:30 am
Aishwarya Rai Bachchan buys luxury home worth 21 cr.
Mumbai’s burgeoning Central Business District, Bandra-Kurla Complex is fast becoming a promising destination for many super wealthy who have begun purchasing luxury flats here. The area is emerging as an enclave that is already a home to many industrialists and celebrities. Industrialists like Gautam Adani, Vikram Pandit and Kishore Lulla already own property here. And […]
September 3, 2015 6:00 pm
Now onwards, property brokers will be the part of Central Advisory Council
Recently, the central government of India has made a crucial amendment in the CAC (Central Advisory Council) and according to new amendment real estate agents will be the part of Central Advisory Council, which is involve in helping the government to understand the issues related to the Indian real estate sector. This new amendment has […]
September 3, 2015 10:30 am
India’s ‘Most Wanted’ owns property worth $77 million in Mumbai!
In a sensational revelation to the media, it has been learned that the person who tops India’s Most Wanted list – Dawood Ibrahim, reportedly possesses properties worth $77 million approximately (500 crore Indian rupees) in Mumbai – India’s financial hub. According to media reports, Dawood Ibrahim is believed to be living in the United Arab […]
September 2, 2015 6:00 pm
Moody’s Investors Service: In near future property developers will face new challenges
According to Moody’s Investors Service, in past two to three years the capability of the Indian real estate developers to execute commercial and residential projects in market has been challenged because of late approvals and stretched liquidity. And such delays have slowed the flow of payments from buyers and investors as well as it has […]
September 2, 2015 1:00 pm
Here is the list of smart cities released by the government
Government on Thursday,20 august 2015 released a list of 98 cities, including 24 state capitals, which are to be developed as smart cities.Here is the list of smart cities released by the government today : SR. No. Name of State/UT No. of cities shortlisted Names of selected Cities Population of Cities 1. Andaman & […]
September 2, 2015 10:30 am
Get into a new home this festive season!
Buying a new property was hitherto out of reach for home buyers given the peaking real estate prices. The demand for realty therefore, has been stagnating. Despite this, no attempts to review prices have been made to lure buyers to the market again. According to RBI Annual Report, the number of unsold properties have not […]
September 1, 2015 11:00 am
State Government of Maharashtra is planning to do geo-mapping and geo-referencing of urban properties
In Maharashtra, major land records reform is about to come as State Government of Maharashtra is set to do the geo-mapping and geo-referencing of urban properties and it will help the potential buyers and investors to keep themselves away from being cheated, reduce litigations and ease property transactions. Government will not map the properties on […]
August 31, 2015 10:30 am
Mumbai is set to have the tallest commercial building of India
Mumbai is going to have the tallest commercial building of India, in the leadership of Nitin Gadkari, Ministry of Shipping is planning to construct a tower in a business district on the land of Mumbai Port to monetize the asset and space in the financial capital of the country. According to Nitin Gadkari, “It will […]
August 27, 2015 10:30 am
In property tax, no relaxation for farm house owners
Now onwards, in South Delhi area, the farm house owners will not get any kind of relaxation in property tax because civic body of Delhi under DMC Act has launched a one of the most awaited drive for recovery of property tax which are in the form of dues from defaulters under the violation of […]