Actress Lauren Gottlieb is struggling to find a house on rent in Mumbai after being rejected for the fifteenth time over the last two months. The experience has a sense of déjà vu for the young dancer-actress as she had a similar one three years back. Reminiscing her harrowing days, she says, “Three years ago, […]
March 14, 2016 10:00 am
The Real Estate Bill which was passed in the Rajya Sabha on Thursday largely seeks to protect the interest of home buyers, at the same time aims to bring more transparency, accountability and efficiency in a sector which has hitherto been fundamentally unregulated and unorganised. Delays in project delivery by developers, zero accountability on builders […]
March 13, 2016 10:00 am
Today, we look into five cities that are emerging as few of India’s best real estate destination. 1) Hyderabad The creation of Telangana as the latest state in the country has led to the emergence of Hyderabad as a top real estate market in the country. With its increasing developments in the residential and commercial […]
March 12, 2016 6:00 pm
In order to support Government’s vision to provide housing for all by 2022, India’s largest private sector lender ICICI Bank has announced a credit-linked subsidy scheme for home loans under Pradhan Mantri Awas Yojana (PMAY). Under this scheme, individuals including women from the economically weaker sections will be able to acquire and construct their first […]
March 12, 2016 10:00 am
In an out-and-out real estate deal, which is the largest so far this year, IDBI Federal Life Insurance Company has bought office space worth over Rs 111 crore at Marathon Futurex complex at Lower Parel in Mumbai, according to sources familiar with the development. Marathon Realty is developing this eight lakh sq ft office building […]
March 11, 2016 6:00 pm
The launch of Godrej Properties flagship project ‘The Trees’ residential phase II in Mumbai has led to an increase of 2.4% in the company’s share price during intra day trading on Thursday. Phase I of the flagship project was launched last year in November. The company in its filing states “In first phase, we saw […]
March 11, 2016 10:00 am
With a view to invest in residential projects across six cities over the next 3-4 years, Kotak Realty Fund has raised Rs.1600 crore from institutional investors. The private equity firm of Kotak Mahindra Group will be investing in residential projects in the six major cities of Mumbai, Delhi, Bengaluru, Pune, Hyderabad and Chennai. Talking to […]
March 10, 2016 6:00 pm
At the recent Happening Haryana conclave, Union Minister for Urban Development Venkiah Naidu has expressed confidence on the passing of the Real Estate Bill during the ongoing budget session. Talking to domestic and global investors, Naidu said, “Real Estate Bill is going to be a reality in this Budget session itself. I am holding discussion […]
March 10, 2016 10:00 am
The tribe of super-rich individuals has increased in Mumbai over the last decade and according to a Knight Frank report, the strength is further expected to increase. In the 2016 wealth Report by Knight Frank, Mumbai has witnessed the fastest growth in a list of 25 global cities that were tracked between 2005 and 2015. […]
March 9, 2016 6:00 pm
Post her alleged break-up with Ranbhir Kapoor, Katrina Kaif has been juggling between their love nest and her old house on Waterfield Road in Bandra. While Kapoor moved out of the love nest Silver Sands apartments immediately after they parted ways, it is now that we hear that the actress has decided to move on […]