By Abhay Harish Shah, Realty Quarter There have been numerous cases where home buyers have faced delays in acquiring their apartments. In many cases, delays are over five to six years. Some developers even did not mention the date of possession in the agreement which resulted in the home buyers suffering from financial and mental trauma. […]
What can a buyer do when the agreement does not specify the date of possession?more
By Abhay Harish Shah, Realty Quarter In the Indian real estate market, Non-Resident Indians (NRIs) are an important investment segment. NRI’s generally purchase properties for investment purposes or for retirement purposes from their emotional connection with their country. India has emerged for international capital as a lucrative location. “Overseas Investments have increased by 137% from 3.2 […]
Important FEMA rules for NRIs investing into Indian Real Estate.more
By Abhay Harish Shah, Realty Quarter Commercial real estate demand, led by the interest of sustained occupants to expand businesses in India, is pushing up rentals of prime offices in major cities like Mumbai, New Delhi, and Bangalore. Over the course of the first quarter of the year, office rentals rose by 17%, 5% and […]
Demand for Commercial real estate is pushing prime office rentals in major cities.more
By Abhay Harish Shah, Realty Quarter During the working hours on Saturday (1st June 2019), a part of the second-floor gallery collapsed in Aasha Usha Building located in Thane at Wagle Estate. Fortunately, the official sources noted that there was no casualty or injury. Panicked people of the building and neighbouring had called the Regional […]
A 25-year-old building crashed in Thane, 42 Families evacuated.more
By Abhay Harish Shah, Realty Quarter Infrastructure Leasing & Financial Services (IL&FS) is planning to sell its non-core real estate assets, which also includes its headquarters in Mumbai. In order to reduce debt and improve cash position Infrastructure group is planning to raise Rs 5,000-6,000 crore by selling its non-core assets. There are approx 50 […]
IL&FS planning to raise Rs 5,000-6,000 crore by selling its Non-core Real Estate Assets.more
By Abhay Harish Shah, Realty Quarter On 27th May a Malad-based builder, accused of defrauding homebuyers was arrested. The FIR also includes the name of Atul Prabhu, who is the son of very famous architect Shashi Prabhu. According to the report, one of the directors of APA Infraventures named Sanjay Kshirsagar started taking bookings for […]
Sanjay Kshirsagar got arrested on charges of defrauding home buyers for a Floating Project.more
By Abhay Harish Shah, Realty Quarter How will you feel when you see your future flat blueprint to be great but in real builder doesn’t fulfil all the said commitments? As a buyer, you will feel cheated right? A similar kind of case happened at Goregaon East where a Residents of a 31 storey tower […]
Omkar Ananta’s residents are looking for MahaRERA to intervene against VGS Realty Constructionmore
By Abhay Harish Shah, Realty Quarter Bombay High court is going to decide about Mumbai’s most historical building future. Will Mumbai lose its historical Esplanade Mansion? India’s oldest cast-iron building on the list of 100 world monuments at risk? The fate in Bombay’s high court can now rest on the 156-year-old historic building. A report […]
Bombay High Court will come to a conclusion for Esplanade Heritage Mansion.more
By Abhay Harish Shah, Realty Quarter In a statement on 21st May 2019, the Reserve Bank of India (RBI) board decided to set up a specialist overseeing and regulatory framework for the RBI with the aim of strengthening the supervision and regulation of commercial banks, urban cooperative banks and non-banking financial companies, the central bank […]
RBI will establish a specialized framework for bank and NBFC regulation.more
By Abhay Harish Shah, Realty Quarter There are so many rules and regulations which helps an individual with buying a flat or an apartment. But what if you want to purchase a plot? Buying a plot can be risky at some time, as an individual might not have current knowledge about the past owners of […]
Planning to a buy a plot? Then you need to know about satbara utara 7/12 extract.more
