After facing a lot of opposition from real estate developers, the state government is implemented the affordable housing policy in city, which stipulated that certain portion of the plots will be kept to build low-cost homes free of cost. This amendment was proposed by the urban development department by stating that real estate builders no […]
Home Buyers Archive
December 22, 2014 7:11 pm
New flats are available in Rs 70 lakh in Borivali, Mumbai
Borivali in Mumbai is one of the suburbs beyond the Western Suburbs that is undergoing re-development. This location is offering the tall buildings of up-to 15 floors, which is giving the beautiful view of the Sanjay Gandhi National Park, but only some residents will get this view. Before two years, State Government relaxed the DCR […]
December 15, 2014 7:44 am
Prices of property in Mumbai city is about to correct by up to 20 per cent
While management of the inventory level and rising demand from home buyers may end with the decline in the rates of the property in Mumbai. In Mumbai Metropolitan Region (MMR) the property prices can fall by 20 per cent in next few months. According to recent study conducted by ASK, “The demand of housing in […]
December 15, 2014 7:04 am
CREDAI to organise property expo in Nashik from Dec 18 to 21
CREDAI (Confederation of Real Estate Developers’ Association of India), is organizing Shelter 2014, which is 7th Property Expo. This event will bring all the properties of Nashik under one umbrella to encourage individuals to purchase a property of their decision on one stage. It is the event of four days, which will display residential as […]
December 9, 2014 12:49 am
Due diligence, can be the game changer for Indian Real Estate
In the absence of due diligence the Indian real estate market can loss basic fundamentals and get drive by the positive news stories. However there are no analytical techniques are available to support those stories. The market intelligence of the prospective buyers is only reflective in macro level market which often goes off track. Most […]
December 5, 2014 12:00 am
How to get the best deal in the Home Loan?
Taking the home loan can be the biggest financial decision of life, so clear understanding of terms and conditions and as well as comparison of various home loan offers is very essential because it help to choose the best offer among different loan providers. Some factors such as; rate of interest, processing fee, faster process […]
December 3, 2014 12:21 am
How to tackle the shortage in affordable housing?
According to data of 12th, 5-year plan (2012 – 2017), the housing shortage in India has reduced to 18.78 million, but according to experts data collection is questionable, and we can understand the data is not so correct because we belongs from same society and know the situation of affordable housing in India. More than […]
September 5, 2014 12:49 am
Buying a flat or shop near Metro or Monorail?
Are you planning to buy a new flat near Metro line, Monorail line or any other major infrastructure project in Mumbai? If yes, then be ready to cough up an additional 10 % additional development tax on property transactions in such areas. The residential and commercial properties could get costlier as the state government is […]
September 3, 2014 3:51 am
Payment of stamp duty is no guarantee your property is legal
There is a great misconception among the home buyers that once a certain percentage of the cost of the apartment as stamp duty is paid and the flat got registered with the revenue department of the state government, they believe that their property has got all legal/requisite approvals. But this is plain nonsense. Take for […]
August 20, 2014 12:13 am
RBI decision to keep interest rates unchanged disappoints the real estate fraternity
The decision of the Reserve Bank of India (RBI) to keep has disappointed the real estate fraternity that has already been reeling under a slowdown. RBI Governor Raghuram Rajan has key policy rates on hold in his second bi-monthly monetary policy review, the first under the Modi regime. According to Shrikant Paranjape, Chairman, Paranjape Developers, […]