Usually, there is a lot of insecurity among home buyers till a bank approves their loan. A pre-approved loan is a product offered by banks to give some respite to such anxieties. Simply put, a pre-approved loan is an instrument that banks use to lure customers to avail a loan without much hassle. In a […]
June 30, 2016 9:24 am
Following the historic divorce between the United Kingdom and the European Union after 43 years, there might be a teeny weeny silver lining for the growing number of ambitious Indians looking to travel to England or purchase real estate there, probably even in London! Since the lead up to the referendum on whether the UK […]
June 29, 2016 11:21 am
Up till now, citizens had to visit the sub-registrar’s office (SRO) to ascertain the validity of a property document. But now, the facility which has been introduced by the State Inspector -General of Registration, will allow people to check whether a document has been registered with the sub-registrar’s office or not by just sending an […]
June 25, 2016 12:00 pm
After his co-founder friend Sachin Bansal who is presently Executive Chairman of Flipkart bought a small property in Koramangala in Bangaluru a few years ago, binny Bansal has also reportedly purchased a plush bungalow in the same area for a monstrous Rs. 32 crore. Binny acquired the 10,000-sq-ft property a few weeks ago from […]
June 24, 2016 1:08 pm
Mumbai Housing and Area Development Authority, MHADA is known for providing affordable homes to families belonging to all income groups. The body runs various schemes under which flats are constructed and sold at reasonable prices through the medium of lottery. Once again, applications for the purchase of 972 tenaments have been invited by MHADA. The […]
June 24, 2016 7:02 am
In order to bring uniformity in the property taxes levied in the suburbs and in south Mumbai, The Brihan Mumbai Municipal Corporation had introduced a new tax system from rateable to capital value in 2010 based on the built-up area, but was strongly opposed by all sections of the society, especially the residents of south […]
June 18, 2016 7:02 am
Subsequent to Centre’s nod to 100 per cent foreign direct investment (FDI) in the real estate industry, it was only a matter of time before foreign developers made big investment announcements. According to a report by realty research & consultancy firm JLL India, developers and private equity investors from the Land of the Rising Sun […]
June 15, 2016 6:57 am
After Mukesh Ambani moved his group to an open space in Ghansoli, Navi Mumbai last year, younger brother Anil Ambani too has plans of real estate monetizetion. Reliance Group’s ADAG also followed suit by moving its headquarters from Ballard Estate to Santacruz. Last month, Anil Ambani and some top executives of its cluster companies […]
June 12, 2016 11:00 am
The media is buzzing with reports of Bollywoodeans looking for their own homes sans their parents. After Priyanka chopra, Alia Bhatt, Shraddha Kapoor, we’ve learned that fashion diva Sonam Kapoor has moved into a plush duplex in Signature Island located in Bandra-Kurla complex. Interestingly, Ms. Kapoor ditched the Bollywood capital Juhu and chose a business […]
June 11, 2016 10:00 am
A High Court ruling is all set to bring cheers to thousands of home buyers who have booked under-construction properties before 2012. In a landmark judgement on a wake petition filed by two buyers who had purchased flats from Sethi Buildwell Pvt. Ltd in the Max Royal group housing project in Noida’s Sector 76, The […]