Category: Expert Views

EMI of the home loan

After the EMI of the home loan is completed, do not mistake it accidentally, do this job.

October 7, 2020

After taking home loan from any bank or financial institution, repaying its full EMI is a big relief. However, after paying EMI, you can be sure to complete the required work once. In fact, after home loan repair, you should get a NoC – No Objection Certificate. NoC is a type of certificate that shows […]

After the EMI of the home loan is completed, do not mistake it accidentally, do this job.more
Real Estate Market

The new real estate hotspot, Hyderabad Pharma City (HPC).

September 8, 2020

The new real estate hotspot of the city is a 30-km stretch along the Srisailam Highway— 45 minutes from Gachibowli. Reason: the Hyderabad Pharma City (HPC). Although this large ticket business has been underway in Dasara for sometimes, government officials have confirmed it is finally being routed. This led to major activities along the highway, […]

The new real estate hotspot, Hyderabad Pharma City (HPC).more
Scam Image

GMDA initiates Geographical Information System to prevent land scams.

September 1, 2020

In order to accurately map land areas across the district, the Gurugram Metropolitan Development Authority (GMDA) has launched a survey using Geographic Information System (GIS) technology. The method of land demarcation will be modernised. The decision was made after officers of GMDA were informed of illegal land invasions, which they were not aware of. Marking […]

GMDA initiates Geographical Information System to prevent land scams.more
Property for rent

Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).

August 31, 2020

Soon, students in Gujarat and those coming from other states will be likely to take advantage of rental homes at a much cheaper price than the market price. The Gujarat Government is expected to announce its latest Affordable Rental Housing Complex (ARHC) scheme within a week or two. Under the ARHC program, the organization is […]

Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).more
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

ICRA predicts overall real estate inventory to decrease by 40-60%.

August 29, 2020

ICRA expects the combined sales volume of the completed and under-structured inventory to decrease by 40-60% due to Covid-19 for the current year. The preference for a completed inventory is therefore expected to continue to favour developers with a greater share of these projects. It anticipates that expenditure on ongoing projects will decrease by approximately […]

ICRA predicts overall real estate inventory to decrease by 40-60%.more
International-Tech-Park-Pune-Kharadi

CapitaLand is first to win top BCA SGBuilds Star Award for developers for expanding Singapore’s foothold overseas.

Recognised for exemplary collaboration with Singapore firmsin India and Indonesia Singapore, 28 August 2020 – CapitaLand has received the top SGBuilds Star Award by the Building Construction Authority of Singapore (BCA) for the Group’s exemplary collaboration with Singapore firm L&W Construction Private Limited (L&W) to develop International Tech Park Pune, Kharadi (ITPP-Kharadi) in India. CapitaLand […]

CapitaLand is first to win top BCA SGBuilds Star Award for developers for expanding Singapore’s foothold overseas.more
Pune Municipal Corporation PMC

PMC to acquire land owned by defence establishments for Rs 20 crore.

August 28, 2020

The city council agreed to pay Rs 20 crore to complete the land acquisition for the Chandni Chowk flyover project owned by defence establishments. The sum will be transferred phase by phase to the National Highways Authority of India (NHAI). In the case of obtaining 0.48 hectares in the name of the Pune Municipal Corporation, […]

PMC to acquire land owned by defence establishments for Rs 20 crore.more
Waiver on Stamp duty

Government reduces stamp duty charges from 5% to 2% in Maharashtra.

August 26, 2020

The Maharashtra government agreed to temporarily cut the stamp duties on houses from 5% to 2% until December 31 in an effort to improve the declining real estate sector due to the coronavirus outbreak. The government said in a statement that the stamp duty on homes would be 3% from 1 January until 31 March. […]

Government reduces stamp duty charges from 5% to 2% in Maharashtra.more
MahaRERA

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.

August 24, 2020

Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed the developer’s argument that, since home buyers continued to pay even after the promised date of occupancy had passed, they had “acquiesced” and agreed to the delay in possession. In three separate orders, MahaRERA’s Bhalchandra Kapadnis has advised developer CCI Projects Ltd, to pay interest on deferred possession […]

CCI Projects Ltd will have to pay interest on late possession says MahaRERA.more

Edelweiss ARC plans to auction DB Realty plot as it defaulted Rs 439 crore.

August 20, 2020

More than a decade ago, this prime sea-side plot of the Charni Road in southern Mumbai was to build the country’s tallest 125 storey luxury hotel. Some years later, a plan was revised and two 60-story residential towers were built on the 2.2-acre land. However, all of the plans have been void. The land would […]

Edelweiss ARC plans to auction DB Realty plot as it defaulted Rs 439 crore.more