He entered the bustling city of Mumbai in 1975 finding a shelter. Who could have imagined that this yesteryears’ bad man of Bollywood would own a sprawling abode on the serene Juhu beach 40 years later? Five years after he came to Mumbai, Shakti Kapoor bought his first one-bedroom apartment in Juhu, for Rs. 70,000, […]
February 23, 2016 12:30 pm
Real estate giant DLF has announced the launch of its new luxury property ‘The Chanakya’ to bring in brands such as Longchamp, Hunkemoller, G Star Raw, Juicy Couture, La Perla and Chanel Beauty to its Emporio and Promenade malls in 2016. . Speaking on the launch, Dinaz Madhukar, Senior VP DLF Luxury Retail said, “It’s […]
February 19, 2016 6:00 pm
The real estate arm of Motilal Oswal private equity has made investments worth Rs. 114 crore in two projects – one in Pune and the other in Bangaluru. While Pune based Kolte Patil developers received Rs. 58 crore, Skylark Mansions which is based in Bangaluru collected funds worth Rs. 56 crore. Motilal Oswal Real Estate […]
February 19, 2016 10:30 am
While presenting the annual budget of the civic body to the Standing Committee, The Municipal commissioner of Thane Sanjeev Jaiswal has proposed a hike of 10% in property taxes, both residential and commercial. The Rs 2549.82 crore budget for 2016-17 already includes Rs 230.10 crore surplus carried forward from the previous year. Jaiswal said […]
February 17, 2016 6:00 pm
If you do not have access to adequate information on legalities of buying a property, the consequence could be a harrowing experience! For instance, if the power of attorney isn’t in the name of the seller, or the legal procedures of the government are not met by the builder, then you might have to bear […]
February 17, 2016 10:30 am
The Data from the real estate sector in the early months of 2016 has revealed that property sales in the six major cities of India have increased by nearly 15 percent. Real estate research and consultancy firm Liases Foras has reported that maximum gain in sales has been recorded from Ahmedabad, Bangalore, Mumbai Metropolitan Region […]
February 16, 2016 10:00 am
Cinepolis India, India’s first international exhibitor which already has operations in cities like Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, Ahmedabad, etc with its brand Fun cinemas and Fun Republic Mall, is all set to enter Chandigarh with a multiplex to offer an unparalleled movie watching experience to the residents of the Union Territory. The world’s […]
February 13, 2016 10:00 am
Adani Realty, the recent foray of Adani Group has announced its first commercial project called ‘INSPIRE’ by Adani at BKC, Mumbai. The project with a built up area spread across eight lakh sq. ft. and G+10 floors, will offer offices of 2500 sq.ft. to larger floor plates of 50,000 sq. ft. of carpet area. Further, the […]
February 12, 2016 6:00 pm
According to a report by property research firm Liases Foras, during the quarter to December 2015, sale of homes across the top eight cities of India improved by 7% year-on-year. Sales increased by 15% on a quarter on-quarter basis on the back of sluggish pricing and discounts by builders during the same period. As per […]
February 12, 2016 10:00 am
Following are a list of crucial documents that one needs to check before buying a property: (i) Authorities’ approval on Land titles and for construction permits One should ensure that the land is owned by the builder. Find out if the conveyance of the property […]