Category: Expert Views

Buying property in Abroad

Mumbai witnesses 10-year high property registrations in July 2021

August 13, 2021

Mumbai recorded property sales of 9037 units in July 2021 compared to 7857 units registered in June 2021, indicating a month-on-month growth of 15 percent. The registrations in July 2021 are also a 10-year high recording the highest sales numbers since July 2012. The property registrations data showed that 53 per cent of registrations in […]

Mumbai witnesses 10-year high property registrations in July 2021more
MahaRERA

MahaRERA offers builders a six-month extension to complete projects.

August 10, 2021

On August 6, the Maharashtra Real Estate Regulatory Authority granted builders a six-month extension to complete projects by approving their request to invoke the ‘force majeure’ clause due to the second wave. This is the second time the authority has provided such a relief to the state’s builders during the pandemic. “All MahaRERA registered projects […]

MahaRERA offers builders a six-month extension to complete projects.more
dubai property marina

Dubai property is currently 14% less expensive for an Indian buyer than it was in 2015.

August 5, 2021

Dubai: Buying property in Dubai is still relatively inexpensive for an investor from India or the United Kingdom, compared to what they would have paid in 2015. This is because Dubai house prices have fallen from their 2015 peak — and partly because these foreign investors are benefiting from currency swings. According to a new […]

Dubai property is currently 14% less expensive for an Indian buyer than it was in 2015.more
Building Construction

Group Satellite introduces the ReservedSky Residences at Goregaon project

August 2, 2021

~Satellite Elegance maximizes your living spaces with exceptional views~ Mumbai, 29th July 2021: Group Satellite, one of Mumbai’s prominent developers introduce the gripping ReservedSky Residences at their Satellite Elegance project located in the ever-transforming and bustling suburban region of Goregaon in Mumbai. The ReservedSky residences start from the 25th floor, priced at 1.49cr onwards. The residences […]

Group Satellite introduces the ReservedSky Residences at Goregaon projectmore

Malad-Goregaon has become the most sought after Real Estate Destination

July 31, 2021

One of the fastest-growing suburbs of Mumbai, the Malad-Goregaon region is situated in the northwest part of the city. From being a sparsely populated outskirt, it has transformed into a vibrant residential, commercial and IT hub owing to the various developments, especially since the turn of the millennium. The 16th century Malad was a cluster […]

Malad-Goregaon has become the most sought after Real Estate Destinationmore
Work in progress at Omaxe Chowk

Come 2022, pedestrian-only Chandni Chowk to have its multi-level parking

New Delhi, July 16, 2021: As the Government notified the proposal to make the 1.3 Km Road from Red Fort to Fatehpuri Masjid in Chandni Chowk between 9AM and 9PM as a pedestrian-only zone, Omaxe Ltd., which is constructing a multi-level parking cum commercial project in PPP with North Delhi Municipal Corporation, is gearing up to […]

Come 2022, pedestrian-only Chandni Chowk to have its multi-level parkingmore
office space

Facebook extends its office space in Mumbai’s BKC area with a new lease and renewals.

July 24, 2021

Facebook has taken 90,000 sq . ft in commercial tower One BKC in Mumbai’s business hub Bandra-Kurla Complex (BKC) through renewal and new lease agreements with Blackstone Group. The office space is being enlarged, and the firm is preparing for a cautious return to work for its employees. Several major corporations are extending their workplace […]

Facebook extends its office space in Mumbai’s BKC area with a new lease and renewals.more
dubai property marina

Dubai’s real estate market is booming as wealthy Indians look for second homes.

July 20, 2021

Since 2017, Indians have been among the top three countries investing in real estate in the emirate. Despite the Covid-19 pandemic, rich Indians continue to invest in homes in Dubai since the emirate ranks first as a dream destination. Shajai Jacob, Chief Executive Officer (CEO), Gulf Cooperation Council (GCC), Anarock Property Consultants, a real estate […]

Dubai’s real estate market is booming as wealthy Indians look for second homes.more
Raising Funds

Builders are requested to provide a payment plan for the authorities in Noida and Greater Noida.

July 17, 2021

On July 15, officials from the Noida and Greater Noida government, private developers, and homebuyers met to address the deadlock over delayed flat registration. The conference was presided over by Sanjiv Kumar Mittal, the state’s infrastructure and industrial development commissioner. The developers representing Credai and Naredco were requested to submit a new payment plan to […]

Builders are requested to provide a payment plan for the authorities in Noida and Greater Noida.more
Commercial Property

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.

July 16, 2021

The top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino, Plum by Bent Chair, Mamagoto, Farzi Café, Lee, Wrangler & Cafe Warehouse, etc., insist on introduction of clauses in all new leases, which state that in the event of government-mandated closures of stores and business, they do not pay rent […]

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.more