Category: Others

Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

K-RERA allows three months deadline extensions on all RERA projects.

April 6, 2020

The Karnataka Real Estate Regulatory Authority (RERA) has provided a deadline extension for all residential buildings throughout the city, taking into account the lockdown declared by the state and the union governments. Much of the mass exodus of migrant workers who decided to return to their hometowns before the coronavirus outbreak, the continuing construction projects […]

K-RERA allows three months deadline extensions on all RERA projects.more

Noida residents refuse for quarantine units provided by realtors.

April 4, 2020

A proposal by Naredco body of realtors to give space for COVID-19 quarantine wards in two housing projects in Noida was met with skepticism by residents associations, which said the decision triggered fear among the citizens living there. The Noida administration said it received aid offers from many quarters, but there were stringent public health […]

Noida residents refuse for quarantine units provided by realtors.more
Real Estate Market

Experts predict the real estate market will see a surge in returns in 2-3 years.

April 3, 2020

Because cities are in locked down and people are reluctant to move out of their houses, buyers have the greatest worry over whether or not their investment in the real estate is secure. Realty shares have slipped into COVID-19’s terror, and many customers are uncertain over whether to stay invested or exit. Though according to […]

Experts predict the real estate market will see a surge in returns in 2-3 years.more
Investment

Wadhwa Group receives Rs 300 crore investments from a Japenese company Marubeni Corporation.

April 1, 2020

Japanese institutional investor Marubeni Corporation has decided to invest Rs 300 crore into a 1 million sqft residential project ‘Atmosphere’ of real estate developer Wadhwa Group in Mumbai’s Mulund suburb. This is the maiden investment Marubeni has created in Indian real estate. In a statement, it said it would invest in the project by subscribing […]

Wadhwa Group receives Rs 300 crore investments from a Japenese company Marubeni Corporation.more

Real estate firm Unity Group allows one-month rent exemption to all its shopping malls retailers.

Realty company Unity Group, which has four shopping malls in the national capital, would not charge rent for the month of April estimated at Rs 10 crore to offer relief to its retailers and other merchants impacted by the national lockdown. Unity Group has exempted all merchants from paying a month’s rent at its ‘Unity […]

Real estate firm Unity Group allows one-month rent exemption to all its shopping malls retailers.more
Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

Maharashtra Ready Reckoner Rates to be declared after 31st May 2020.

March 31, 2020

On Monday, the Inspector General of Registration and Stamps (IGR) said Maharashtra’s Ready Reckoner prices will be declared after May 31 owing to the COVID-19 outbreak. It was expected to declare ready reckoner rates for this year on April 1. In an order released on Monday, state IGR Omprakash Deshmukh said the rates will be […]

Maharashtra Ready Reckoner Rates to be declared after 31st May 2020.more
BMC

BMC Commissioner seeks to provide temporary shelters for the homeless labourers.

BMC commissioner Praveen Pardeshi has instructed building proposals department officials to locate recently built unoccupied buildings in their regions so that they can act as temporary shelters for homeless labourers and other emergencies. Civic officials said there were several such buildings in the city, so it was necessary to use the first few floors of […]

BMC Commissioner seeks to provide temporary shelters for the homeless labourers.more
House

What are the Advantages and Disadvantages of buying a ready-to-move house in 2020?

March 30, 2020

With developers leaving projects unfinished and a lot of people not getting the possession of their house on time, Indians nowadays have been highly careful when it comes to buying a home. Because of Amrapali and other cases in the past, people have lost confidence in developers and are reluctant to bring their money into […]

What are the Advantages and Disadvantages of buying a ready-to-move house in 2020?more
Coronavirus Act Responsibly

Real estate leaders undertake social responsibility by contributing there best in this COVID-19 issue.

March 28, 2020

Industry leaders around the globe undertake social responsibility in one way or another, and players in the Indian real estate industry are still not behind. Although some have given their workers advance salaries, others contribute funds to the hospitals. Godrej Group has dedicated a Rs 50 Crore fund for community support and relief initiatives. The […]

Real estate leaders undertake social responsibility by contributing there best in this COVID-19 issue.more
Refund

SEBI orders Second Land Developers Pvt Ltd and its officials to repay ABG Shipyard LTD Rs 101 crore.

March 27, 2020

Markets regulator Sebi has ordered Second Land Developers Pvt Ltd (SLDPL) now established as Shivris Resources Pvt Ltd, and its senior officials to compensate ABG Shipyard Ltd in three months for illicit profits of a little over Rs 101 crore. The sum has to be paid along with an 8% annual interest rate. Second Land […]

SEBI orders Second Land Developers Pvt Ltd and its officials to repay ABG Shipyard LTD Rs 101 crore.more