Category: Expert Views

Maharashtra State directed MHADA to take over the 155-year-old Esplanade Mansion and restore it.

October 11, 2019

The state finally accepted the nine-year-old recommendation of the Heritage Conservation Committee to obtain the iconic building in Kala Ghoda and to ensure its restoration in an effort to preserve the Esplande Mansion, an architectural landmark that has been reportedly in decay. In an affidavit filed at the High Court of Bombay on Thursday, the Urban […]

Maharashtra State directed MHADA to take over the 155-year-old Esplanade Mansion and restore it.more

Raymond sells its Thane plot to a private equity firm for Rs 700 crore.

October 10, 2019

Private equity retail arm Xander has agreed to purchase 20 acres of land in J K Gram, Thane, from the largest textile company Raymond Ltd for Rs 700 crore. Another Rs 1,700 crore will be invested by the buyer to develop the site. The plot at the Raymond Junction near the Singhania School has a […]

Raymond sells its Thane plot to a private equity firm for Rs 700 crore.more

Three must-have Legal Documents while buying a property.

October 8, 2019

In order to avoid any risk while buying a property, an individual must know about the legal documents which are as mentioned: 1) Commencement Certificate (CC) 2) Completion Certificate (CC) and 3) Occupancy Certificate (OC). You must have come across these terms but let’s see about all this documents role and importance. i) Commencement Certificate […]

Three must-have Legal Documents while buying a property.more

Top lighting ideas for your Home Interior

Top lighting ideas of 2019 to make your House look perfect.

September 27, 2019

By Abhay Shah, Realty Quarter Lightings can enhance the complete look of a house. It speaks the lifestyle of a person living in that house. It can change the mood of a person. Nowadays, according to their mood people set up the lighting effect. For a designer, it is crucial to find customer taste and […]

Top lighting ideas of 2019 to make your House look perfect.more

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).

By Abhay Shah, Realty Quarter The National Company Law Tribunal has launched a case against renowned Mumbai developer Lokhandwala Infrastructure Private Limited for insolvency settlement and has asked operational creditors, financial creditors, home buyers and employees to give proof in their claims by October 3. Proclamation issued by Ajit Kumar, the NCLT-appointed Insolvency Resolution Professional, said […]

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).more

Housing Societies funds got blocked due to the PMC bank crisis.

September 26, 2019

By Abhay Shah, Realty Quarter A number of housing societies whose funds are held in the PMC bank are confronted with a payment crisis along with the individual small depositors. Several household companies with funds held at the PMC Bank are facing a payment crisis, as well as individual small depositors. Management committees are distressed […]

Housing Societies funds got blocked due to the PMC bank crisis.more

Government seeks to build a dedicated unit for monitoring Pradhan Mantri Awas Yojana.

By Abhay Shah, Realty Quarter According to the sources, the Ministry for Housing and Urban Affairs plans to set up a specific unit to monitor the execution of the Pradhan Mantri Awas Yojana (Urban) under the Housing for All flagships by 2022. The Program Management Department (PMU) will provide targeted support for PMAY (U), according […]

Government seeks to build a dedicated unit for monitoring Pradhan Mantri Awas Yojana.more

Noida Authority releases a website to issue OC and CC online.

September 25, 2019

By Abhay Shah, Realty Quarter The Noida Authority is ready to issue an occupancy certificate and completion certificate online. On 25 September the applications webpage will be inaugurated and certificates will be issued for residential and industrial areas. Access to the software is possible via the website of the Noida Authority and from the Nivesh […]

Noida Authority releases a website to issue OC and CC online.more

Court pulls up GNIDA for the illegal constructions in the Shahberi area, rejects bail plea of 19 developers.

By Abhay Shah, Realty Quarter On September 24, a court here that was hearing cases related to the illegal construction of high-rise buildings in the Shahberi village at Greater Noida rejected anticipatory bail pleas by 19 developers. Additional sessions Judge Indrapreet Singh Josh also directed the Greater Noida Industrial Development Authority (GNIDA), district administration and police to […]

Court pulls up GNIDA for the illegal constructions in the Shahberi area, rejects bail plea of 19 developers.more

The state government will declare the land title insurance as compulsory for all MahaRERA registered builders.

September 24, 2019

By Abhay Shah, Realty Quarter The State Housing Department is set to make land title insurance compulsory for MahaRERA registered developers, for whom insurers are already discussing the premium with the regulatory authority. Land Title Insurance is a form of indemnity cover that provides builders and customers with insurance against financial losses resulting from defects in property […]

The state government will declare the land title insurance as compulsory for all MahaRERA registered builders.more