Recently, the Supreme Court has come to rescue one of the senior citizens by evicting the estranged daughter-in-law from his Yamuna Vihar property. Now apex court is in the process to uphold the verdict of the Delhi High Court that a daughter in law has no right over a self acquired property of the in-laws, […]
Latest News Archive
March 19, 2015 9:00 am
Now MHADA will review its 104 colonies, as per the order of the Maharashtra State Government
Recently, the Maharashtra State Government is in his effort to augment housing supply in Mumbai and in that process it asked to MHADA (Maharashtra Housing & Area Development Authority) to to review its all 104 colonies spread over 3,800 prime acres across the city. The Maharashtra State Government has also asked to MHADA to assess […]
March 18, 2015 9:00 am
More charge on extra FSI can hit the redevelopment work in Mumbai’s suburbs
Recently, the proposal of Maharashtra government to put extra charge on builders more for the extra 0.33 floor space index (FSI) given for housing projects is likely to hit redevelopment work in Mumbai‘s suburbs. The Maharashtra government has increased the ready reckoner rates by an average 15% every year since 2008 and now government is […]
March 17, 2015 9:00 am
Subhash Runwal: Newest billionaire of India, built a whole property empire from ground zero
Subhash Runwal, who is one of the India’s newest billionaire, makes his debut this year with a worth of $1 billion fortune, hails from Dhulia, which is a small town in Maharashtra state. His grandfather was a jeweler but when Mr. Runwal was a teenager, the family had faced a very hard times. This young […]
March 13, 2015 9:00 am
With skyscrapers, Mumbai seeks to match China and U.S.
Now Mumbai is seeking to amend its more than 24 year old building rules which will allow slums to mushroom and it will keep housing beyond the reach of most of more than 19 million residents. As we all know the fact that world’s second-most densely populated mega city is the part of the prime […]
March 11, 2015 9:00 am
Real estate companies are facing tough competition from online platforms
In the era of internet when things are just click away; there are many traditional businesses which are facing tough competitions from those who have strong presence on internet. In present, real estate websites firms are making a daunting leap into e-commerce business. Snapdeal and Housing.com, both are backed by Japan’s Softbank, and now they […]
March 9, 2015 10:00 pm
ADB says committed to supporting India’s ambitious plan to build 100 smart cities
ADB (Asian Development Bank), which is Manila based bank stated that they are committed to support India’s most ambitious plan, which is to build around 100 smart cities in the country. As per the statement of Takehiko Nakao, who is the President of Asian Development Bank, “Our bank will continue to play an important role […]
March 5, 2015 4:45 am
Cabinet defers on the approval of Real Estate (Regulation & Development) Bill
On Wednesday, cabinet defers on the approval of Real Estate (Regulation & Development) Bill, which is committed to ensure consumer protection and to establish regulatory bodies at Centre and states for transparent and ethical business practices in country’s real estate sector. As per sources, the housing ministry has been asked to review the real estate […]
March 3, 2015 6:49 am
Five affordable housing projects of Tata Housing are underway from
Tata Housing Development Company has started its five affordable housing projects, including one in the city, as per the statement of company official. Brotin Banerjee, CEO and Managing Director of Tata Housing Development, said that we are setting up five affordable housing projects in all over the country, including Kolkata city. For Kolkata city, Tata […]
January 20, 2015 5:03 am
Oberoi Realty launches twin developments at Mulund
Oberoi Realty has launched twin developments; Eternia and Enigma at Mulund area of the city. Oberoi Realty has so far developed over 36 projects at most strategic locations in all over the Mumbai on an area of about 6.5 million sqft of space and apart from that 24 million sqft projects are under development stage. […]