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 […]
Real estate Archive
May 5, 2016 10:30 am
Sunil Shetty’s holiday home at Khandala
Located at a mere 2-hour drive from Mumbai, Sunil Shetty’s holiday home in Khandala is an isle of peace amidst the beauty of Mother Nature. Away from the hustle and bustle of city life, this home is a perfect example of luxury living, designed for a serene experience. This private gated community of premium villas […]
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 […]
May 3, 2016 10:00 am
Good news – enactment of Real Estate Bill from May 1, 2016
The process of making essential operational rules and creation of institutional infrastructure for protecting the interests of consumers in the realty sector begins with the ratification of the Real Estate (Regulation and Development) Act, 2016 that comes into effect from May 1st. The ministry of housing and urban poverty alleviation (HUPA) has already notified 69 […]
May 2, 2016 10:00 am
Get extra tax exemption on your first home loan
The Finance Bill 2016, which is expected to be approved by Parliament during the ongoing second half of the Budget session, provides for up to Rs 50,000 tax benefit on housing loans up to Rs 35 lakh taken for first residential property. The proposal aims to promote the government’s ‘housing for all’ scheme and strengthen […]
May 1, 2016 11:00 am
Home Loans for everyone by PNB Housing Finance
In an effort to bring cheer to middle and lower income segments which dream of owning a home at affordable Equated Monthly Installments, PNB Housing Finance Ltd. launched a special home loan scheme for the salaried and self-employed professionals with income starting from Rs 10,000 per month and above for a loan amount up to […]
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 28, 2016 10:00 am
King of Good times’ $15 million mansion in UK
Liquor baron Vijay Mallya who is under scrutiny for defaulting on loans worth Rs. 9000 crore from various Indian banks, has been living in a $15 million mansion in England’s Hertfordshire county, The Sunday Times reported. The mansion was bought from the father of the Formula One champion Lewis Hamilton, by a company with offshore […]
April 27, 2016 11:00 am
Priyanka’s Montreal home – living life in style!
In an industry where many dreams get crushed every day, Priyanka Chopra has sure sweat it out to survive and make it big. From ‘Quantico’ to ‘Baywatch’ and to presenting the Oscars, PC is on a roll! The beauty has been hopping in and out of India, shooting for the second season of her show […]
April 24, 2016 10:00 am
Coming soon-Fixed Rate for longer term Home Loans from SBI
If you are wondering whether With the new benchmark rates being reviewed every month, should new home loan borrowers keep checking rates or will the annual reset take care of everything, Arundhati Bhattacharya, Chairman of country’s largest lender State Bank of India explains it all here. The Base Rate is reviewed quarterly and banks cannot […]