Amidst reports that Indiabulls Real Estate in tandem with its group firm Indiabulls Housing Finance is planning to invest an amount of Rs.25,000 crore in Haryana in the ensuing period of 7 years, the share price ended 4% higher at Rs.53 Following a special resolution passed by the shareholders at its 9th Annual General Meeting […]
March 8, 2016 10:00 am
Hindustan Unilever (HUL) has sold its landmark guest house Alhambra in south Mumbai for around Rs.170 crore to an unnamed buyer. The iconic building, built by the Sultan of Darbhanga on a 15,000 sq.ft plot in 1950s, is a three-storey building spread over 18,800 sq ft on Carmichael Road, Mumbai. The heritage property was the […]
March 7, 2016 6:06 pm
The interest in real estate investment seems to be fading with time and unaffordable prices however, Indian High Networth Individuals (HNIs) still get attracted towards buying property in London. According to a new wealth report unveiled by Knight Frank last week, Mumbai, which is considered to be one of the costliest cities in the […]
March 6, 2016 10:00 am
As per Knight Frank’s Wealth Report 2016, released on Wednesday, Maximum City- Mumbai has the maximum number of ultra-high-net worth individuals at 1094, followed by Delhi at 545. This number is going to increase to 2,243 in Mumbai and 1,128 in Delhi over the next decade. UHNWI are defined as individuals with net assets, excluding […]
March 5, 2016 6:00 pm
Film makers and celebrities are known to purchase empty plots or apartments with their earnings, as real estate seems to be the best investment option for them. While actor Mahesh Babu bought a few acres near Ocean Park in Gandipet on the outskirts of Hyderabad, Other celebs like Nagarjuna & Pawan Kalyan also invest a […]
March 5, 2016 10:30 am
The event organizers, Strategic Marketing & Exhibitions have predicted that there will be a huge Indian participation in the annual International Property Show to be held in Dubai this April. Khaleej Times reported that a total of 15 Indian companies, double the figure compared to last year, will be showcasing their projects and targeting the large […]
March 4, 2016 6:00 pm
A Public Information Officer (PIO) with the Land Records Department was fined for not providing information to an applicant regarding some properties. The applicant had filed four RTI applications related to city survey number, transfer deed, sale deed, mutation of certain property and the reason why this was done. A penalty of Rs. 40,000 was […]
March 4, 2016 10:30 am
Until now, we’ve heard that buying a house is a tiresome process, and do not realize that selling a property is an equally tedious task as well. First time sellers typically make certain mistakes and in the haste of selling off their house, end up cracking a bad deal. We have made an attempt to […]
March 3, 2016 11:00 am
Homes up to 30 sq metres in metro cities and 60 sq metres in other cities which fall in the affordable segment make up for 90% of the demand for houses in India. Several announcements in the Budget 2016 are likely to stimulate growth in demand for affordable housing. Real estate experts say the exemption […]
March 1, 2016 6:00 pm
In a pure equity transaction, the world’s biggest private equity player in real estate, Blackstone Group, is at an advanced level of talks with Salarpuria Sattva Group to pump in nearly Rs 450 crore in its 30-acre commercial property coming up in Knowledge City, Hyderabad. After being one of the most active buyers of commercial […]