The state government of Maharashtra is planning to grant heritage TDR (transfer of development rights) to the Government of India, for permitting the use of Indu Mills to build a memorial for Dr B R Ambedkar. The Indu Mills is spread on an area of 12.5 acres in Dadar, which is owned by the NTC […]
property news Archive
January 9, 2015 4:38 am
Maharashtra government is ready give TDR to Centre government for Indu Mills memorial
January 8, 2015 7:58 am
Now builder have to use the certified equipment
Recently, the legal metrology department (LMD) has directed to all real estate developers and builder to use the certified equipment across to ensure the quality in all buildings residential and commercial as well. Sanjay Pande, the controller and special inspector general of LMD met the representatives of the MCHI (Maharashtra Chamber of Housing Industry) on […]
December 26, 2014 6:54 am
LBS road thru Nahur sees the rise of affordable luxury housing
Nahur which is situated in the north-eastern part of Mumbai is a suburban hotspot located at the end of the Greater Mumbai region. In line with the real estate activity across Mumbai, the western counterpart mainly along the LBS Marg is witnessing far greater activity in comparison to the eastern side. In Nahur, the central […]
December 25, 2014 6:12 am
Affordable homes the best investment option
In present location issue is keeping the buyers away; but better ROI, an incentive, benefits of tax breaks are still attracting the investors as well as end users towards the real estate market. In India, affordable segment are finding buyers but most are investors not those who are planning to stay in those homes because […]
December 24, 2014 3:41 am
Affordable housing policy in Mumbai tweaked to boost builders
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 […]
December 19, 2014 11:56 am
Lodha Group has registered the worth Rs 500 crore bookings in 9 days
Lodha Group, the leading real estate developer, seels Rs 500 crore worth flats in just 9days for an ultra luxurious residential project in the metropolis, as the projects was reopened for booking after three years on November 29. Project: World One Tower World One Tower is the iconic project of company, which is 117 storeys […]
December 18, 2014 11:02 am
For low cost home loans, RBI eases rules
The Apex bank of India, RBI has eased the norms to get the fund for low-cost housing by permitting banks and other financial institutions to extend the loans against long-terms bonds of infrastructure. However, earlier Reserve Bank of India barred the lenders from providing the loans against the infrastructure bonds on long term basis by […]
December 16, 2014 1:30 am
According to survey, In Mumbai property size is reducing from 2012
Residential property sizes are reducing in all over MMR (Mumbai Metropolitan Region) from last two years because now real estate developers are constructing the small size apartments to target the middle and low income groups and keeping the price factor in mind. From 2012 to till now property size has decreased by 8 per cent […]
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 12, 2014 8:27 am
One more step for the release of Subrata Roy: Sahara sells Gurgaon land to M3M, worth Rs 1,211 cr
It is reported that Sahara group has sold a plot near Delhi-Gurgaon border, which is worth of Rs 1,211crore and M3M India has brought it, which is Gurgaon based real-estate developer. It is considered as the one more step to raise the funds for bailing out Subrata Roy, a chairman of Sahara India, as Supreme […]