According to a complaint filed with the apex consumer commission by south Delhi residents Reshma Bhagat and her son Tarun Bhagat, they had made a payment of Rs 63, 99,727 to Supertech Ltd in 2008 for a luxurious flat in Greater Noida and the flat’s possession was to be given by December, 2009 which the […]
February 11, 2016 10:00 am
After Mega family Chiranjeevi and Pawan Kalyan who own huge farm houses in the outskirts of the city, Mahesh babu is all set to follow suit. While the former superstars use their properties as a family holiday getaway and visit there during festivals, Mahesh Babu also seems to have similar plans. According to sources, Mahesh […]
February 10, 2016 6:00 pm
With an aim to develop a mid-income housing project in Goa, Tata Housing will be investing about Rs.400 crore over the next three years. The project is the second housing project in Goa undertaken by the Tata Group firm after developing the luxury project comprising 65 villas about 7-8 years ago. Under the project, the […]
February 10, 2016 10:00 am
Although Mukesh Ambani’s modest dwelling in the heart of Mumbai’s most expensive locality is worth more than $1 billion, the penthouse atop a 25-storey tower in the hyper exclusive residential development in Dubai’s Palm Jumeirah is a clear winner in terms of stacked designs and the views it offers. While Antilia enjoys the honour of […]
February 9, 2016 6:00 pm
The Municipal Corporation of Surat (SMc) has proposed a Citizens Security Insurance Scheme (CSIS) which is a first in Gujarat. In his draft budget for the year 2016-17, Municipal commissioner of the city Milind Torwane has recommended that CSIS will be started for all property holders aged between 18 and 70. As per the scheme, […]
February 8, 2016 6:00 pm
Despite being the most expensive property market in the country, Mumbai Metropolitan Region continues to be the prime market for attracting investor interest. Structured equity or debt was the preferred route of investment as the city received the major portion of private equity investments in the past year. Out of the total Rs 19,500 crore, […]
February 8, 2016 10:30 am
2015 will not be remembered for the gloom it brought to the residential real estate sector but for forging a solid base for sustained future growth. Few of the notable highlights of the year gone by are as follows: FDI rule relaxation will facilitate the flow of more investment in the country with the removal […]
February 7, 2016 10:00 am
With beautifully crafted and lavishly furnished interiors, bungalows have been symbolizing a grand lifestyle since times immemorial. They usually comprise a single floor and cover a larger space on ground. Thanks to Hindi films, bungalows are perceived as a more attractive alternative for one’s dream home than a simple apartment in a building. In India, […]
February 6, 2016 10:00 am
The country’s office space market is experiencing a major boom with commercial real estate transactions of nearly $3 billion recorded during the last calendar year. In a series of high profile office space deals of large global investors like Blackstone, GIC of Singapore, Brookfield Asset Management, Canadian Pension Plan Investment Board and Middle East sovereign […]
February 5, 2016 6:00 pm
Mumbai-based premium real estate developer has announced the signing of a definitive agreement with leading global investment firm KKR for the construction of its flagship projects in the city. Under the said agreement, KKR’s investment vehicles, will provide funding up to Rs150 crore (US$22.4 million) towards the construction of Sunteck’s flagship luxury residential developments viz. […]