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real estate india Archive

Property approvals – Legal 101

If you do not have access to adequate information on legalities of buying a property, the consequence could be a harrowing experience! For instance, if the power of attorney isn’t in the name of the seller, or the legal procedures of the government are not met by the builder, then you might have to bear […]

Indians – 3rd biggest investing community in US realty market: Sotheby’s

With an $8 billion investment in the US realty market, Indians have become the third biggest international investor community after Canadians and Chinese as per brokerage firm Sotheby’s International Realty. I think and I believe Indians that live in the US are one of the largest group of millionaires in the America… they are already […]

Indian real estate – the irony of demand & supply

With more than 6, 00,000 units of inventory in India’s top cities, the situation is alarming. One in three houses constructed is unsold, despite builders, agents, online broking houses and now even e-commerce websites trying to allure consumers with lucrative schemes and offers. Urbanization as a trend has just touched the tip of the iceberg […]

Land sold for 496.84 cr. by Crompton Greaves

The board of directors, Crompton Greaves, has approved the sale of a portion of the company’s land parcel admeasuring approximately 53,000 square meters situated at Kanjurmarg, Mumbai to Evie Real Estate for an aggregate sum of Rs 496.48 crore. This definitive step has been taken as a part of the company’s continuous asset optimization initiatives. […]