Category: Expert Views

Court Order

Builders cannot impose maintenance fees unless they have an OC: NCDRC.

February 1, 2022

The National Consumer Disputes Redressal Commission ruled that builders cannot charge maintenance fees to buyers who are forced to take possession and begin living in their flats without an Occupancy Certificate (OC) due to delays on the part of builders in obtaining all necessary clearances from the authorities. As per apex consumer forum, homebuyers will […]

Builders cannot impose maintenance fees unless they have an OC: NCDRC.more

Real Estate Year-End Review and Outlook for 2022 By Bhushan Nemlekar, Director, Sumit Woods Limited.

January 27, 2022

Mr. Bhushan Nemlekar, Director, Sumit Woods Limited. Sector Performance in 2021  The Covid-19 pandemic was a massive heat blow to the industry, where everything started displacing and changed the way homebuyers think now. The government of India along with the governments of respective States took several initiatives to encourage development in the sector. Their approach towards […]

Real Estate Year-End Review and Outlook for 2022 By Bhushan Nemlekar, Director, Sumit Woods Limited.more

Real Estate Year-End Review and Outlook for 2022 By Shraddha Kedia-Agarwal, Director, Transcon Developers.

Shraddha Kedia-Agarwal, Director, Transcon Developers. Sector performance in 2021 While India’s real estate market makes a certain move for investment due to low prices, increased transparency, and digital progression, the fact that the world is coping with the pandemic is an opportunity in itself. The stamp duty cut announced by the State Government at the […]

Real Estate Year-End Review and Outlook for 2022 By Shraddha Kedia-Agarwal, Director, Transcon Developers.more

Real Estate Year-End Review and Outlook for 2022 By Navin Makhija – Managing Director, The Wadhwa Group

Mr. Navin Makhija – Managing Director, The Wadhwa Group. Sector Performance in 2021 The reduced stamp duty by the State Government at the end of the year 2020 set the momentum for the real estate sector at the beginning of the year 2021. The new project launches were back in the market as the sector […]

Real Estate Year-End Review and Outlook for 2022 By Navin Makhija – Managing Director, The Wadhwa Groupmore

Real Estate Year-End Review and Outlook for 2022 By Pritam Chivukula, Co-Founder & Director, Tridhaatu Realty and Hon. Secretary, CREDAI MCHI.

Mr.Pritam Chivukula, Co-Founder & Director,Tridhaatu Realty and Hon.Secretary, CREDAI MCHI Sector Performance in 2021: The year 2021 started with a mild relief to the industry, with the government pitching to support the developers and introducing various relaxations. The decreased stamp duty by the state government in until March 2021 set a path for the property […]

Real Estate Year-End Review and Outlook for 2022 By Pritam Chivukula, Co-Founder & Director, Tridhaatu Realty and Hon. Secretary, CREDAI MCHI.more

RBI Policy announcement: Comments By Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group.

Mr.Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group. “The RBI has always taken a proactive stance to ensure liquidity in the past few months, and has continued it’s accommodative policy stance amid the renewed Covid threat from the Omicron variant. It is imperative that low mortgage rates would continue, at least till the […]

RBI Policy announcement: Comments By Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group.more
Property Registration

Mumbai property registrations at a 10-year high in September 2021

November 11, 2021

The registrations of property in Mumbai, has yet again witnessed a 10-year high in the month of September led by record-low home loan interest rates and incentives offered by developers. As per the data available from the Government’s Department of Registration and Stamps, the month of September 2021 saw 7,799 properties being registered in Mumbai, up […]

Mumbai property registrations at a 10-year high in September 2021more

5 Years Of Demonetization (Comments from real estate experts)

Mr. Pritam Chivukula, Co-Founder & Director, Tridhaatu Realty, and Hon. Secretary, CREDAI MCHI   “It has been five years since the government took a stringent step by announcing demonetization while encouraging to adopt digital transactions over cash transactions. An important goal of demonetization was to reduce the use of cash in transactions and inspire people to pay […]

5 Years Of Demonetization (Comments from real estate experts)more

Spenta Corporation announces the launch of new tower “Amber” at their project Ornata in Chembur

October 20, 2021

Spenta Corporation is also offering a special festive gift of iPhone 13 pro (128 gb) to buyers on each booking at Amber. October 19 2021, Mumbai: Spenta Corporation Pvt. Ltd. one of the leading real estate firms of Mumbai recently announced the launch of a brand new tower – “Amber”, as a part of its […]

Spenta Corporation announces the launch of new tower “Amber” at their project Ornata in Chemburmore