Category: Experts

Maharashtra is likely to be the Future Startup Capital of India.

June 4, 2019

By Abhay Harish Shah, Realty Quarter The Indian Startup ecosystem in the previous decade has experienced a tectonic change. The amount of start-ups has increased seven times from approximately 7000 in 2008 to approximately 50,000 by the end of 2018. Honourable Maharashtra Chief Minister Devendra Fadnavis, TiE Mumbaí and KPMG-India have recently published two research […]

Maharashtra is likely to be the Future Startup Capital of India.more

What can a buyer do when the agreement does not specify the date of possession?

June 3, 2019

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

Important FEMA rules for NRIs investing into Indian Real Estate.

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

Demand for Commercial real estate is pushing prime office rentals in major cities.

June 1, 2019

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

A 25-year-old building crashed in Thane, 42 Families evacuated.

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

IL&FS planning to raise Rs 5,000-6,000 crore by selling its Non-core Real Estate Assets.

May 31, 2019

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

Credai signs MOU with IGBC to construct Green Building Projects across 5 cities.

By Abhay Harish Shah, Realty Quarter The Apex Group of real estate developers Credai plans to develop green building projects in five cities in order to promote the green movement of the country. In this context, at the ceremony for the establishment of the Credai Youth Wing and the Credai Women’s Wing in Hyderabad, it also […]

Credai signs MOU with IGBC to construct Green Building Projects across 5 cities.more

The BMC to continue 508 roads with pothole filling mixture for this Monsoon.

May 30, 2019

By Abhay Harish Shah, Realty Quarter The pothole is a most discussed issue in the monsoon season. In Mumbai, people face a lot of difficulties while commuting from one place to another. BMC is working hard to make Mumbai monsoon travel a safer one. The BMC has already distributed 828 metric tonnes but still works on […]

The BMC to continue 508 roads with pothole filling mixture for this Monsoon.more

Finance Ministry will exempt rental profits earned by Builders in past 10 years.

By Abhay Harish Shah, Realty Quarter In the past few years, real estate developers have faced many challenges because of the frozen market. For the same, in a recent meeting with senior finance ministry officials, the real estate developers were asked to recommend some steps to address such challenges. According to the sources, they were […]

Finance Ministry will exempt rental profits earned by Builders in past 10 years.more

Maharashtra state government will grant Rs 1,000 crore construction rights sop for Dharavi Redevelopment.

May 29, 2019

By Abhay Harish Shah, Realty Quarter The State government will grant additional development rights (known as the fungible FSI) for free, providing superior support to the developer of the Dharavi Redevelopment project. The decision might cost the government a turnover of Rs 1,000crore. The government grants the rehabilitation component of all redevelopment projects a free […]

Maharashtra state government will grant Rs 1,000 crore construction rights sop for Dharavi Redevelopment.more

Category: Experts

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