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Real estate developers Archive

Bandra – Kurla Complex is new destination of Industrialists, HNIs, Big names of corporate

BKC (Bandra – Kurla Complex), which is turning to be the next leading commercial business districts in Mumbai, is now also the residential hub of HNIs (high-net worth individuals), industrialists and other big names of corporate, as they are booking their ultra- luxury apartments. As per the reports, these people are paying between Rs. 35 […]

SRA builders can face action within 24 hrs of complaint, if they will accused of cheating

If there will be any irregularities in the construction of residential units under the Slum Rehabilitation Scheme, so the action will be initiated within 24 hours of receipt of cheating complaints by the buyers of Slum Rehabilitation Scheme, said Prakash Mehta, Maharashtra Housing Minister. The more he added that the developer was fined because it […]

Manoj Gaur, MD of Gaursons is elected as president of CREDAI-NCR

In New Delhi, the CREDAI, an apex body of real estate developers elected Manoj Gaur, as President of the Delhi-NCR region; he is the Managing Director of Gaursons. As per reports, this new leadership team will consist of 19 members of executive committee on the board and it will also include the Rajeev Talwar, who […]

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 […]

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 […]

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 […]

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 […]

End-users and investors have spoilt choice at Times Property Exhibition

On Sunday, Two-days Times property exhibition kicked off at the Clube Tennis de Gaspar Dias hall, Miramar, where more than 10 well known real estate developers have showcased their properties and latest projects. Jai Bhuvan builders, Sinari developers, Shah Housing, Devashri builders, Vision developers, CMM Stores and Dempo builders were among few real estate developers […]

RBI’s decision to cut key interest rate will boost housing demand

With the recent news that RBI has decided to cut the key interest rate, it is expected that this move of RBI will boost the affordable as well as premium housing demand and it also improve sentiments in the sluggish property market. Property consultants and real estate developers have demanded that interest rates should be […]

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. […]