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 […]
Real estate Archive
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 27, 2015 2:42 pm
MCHI – CREDAI NMR Property Exhibition from APRIL 10 to 13, 2015
Expo Venue: CIDO Exhibition Centre, Vashi, Navi Mumbai. Date and Time: 11 am to 8 pm from April 10th to April 13th 2015. For all those who are interested to buy property in Mumbai and other parts of Maharashtra MCHI – CREDAI Property Exhibition is a premier platform to deal in the […]
March 17, 2015 9:00 am
Subhash Runwal: Newest billionaire of India, built a whole property empire from ground zero
Subhash Runwal, who is one of the India’s newest billionaire, makes his debut this year with a worth of $1 billion fortune, hails from Dhulia, which is a small town in Maharashtra state. His grandfather was a jeweler but when Mr. Runwal was a teenager, the family had faced a very hard times. This young […]
March 11, 2015 9:00 am
Real estate companies are facing tough competition from online platforms
In the era of internet when things are just click away; there are many traditional businesses which are facing tough competitions from those who have strong presence on internet. In present, real estate websites firms are making a daunting leap into e-commerce business. Snapdeal and Housing.com, both are backed by Japan’s Softbank, and now they […]
March 9, 2015 10:00 pm
ADB says committed to supporting India’s ambitious plan to build 100 smart cities
ADB (Asian Development Bank), which is Manila based bank stated that they are committed to support India’s most ambitious plan, which is to build around 100 smart cities in the country. As per the statement of Takehiko Nakao, who is the President of Asian Development Bank, “Our bank will continue to play an important role […]
March 7, 2015 7:02 am
For “Dilly-Dallying sanctions” builders slams Thane Municipal Corporation (TMC)
Nearly after one month Thane Municipal Corporation (TMC) issued a notice to Concord developers, which is one of the real estate developer, whereas; this notice was under the Maharashtra Regional and Town Planning (MRTP) Act, Suraj Parmar, who is chairman of the firm accused the TMC for adopting dilly-dallying tactics to give permissions for finished […]
March 3, 2015 6:49 am
Five affordable housing projects of Tata Housing are underway from
Tata Housing Development Company has started its five affordable housing projects, including one in the city, as per the statement of company official. Brotin Banerjee, CEO and Managing Director of Tata Housing Development, said that we are setting up five affordable housing projects in all over the country, including Kolkata city. For Kolkata city, Tata […]