Real estate company Sunteck Realty has announced the purchase of a 50-acre piece of land for a residential project in Vasind, Mumbai. Sunteck Realty said that the project would generate revenue of Rs 1,250 crore in the next four to five years. However, the company has not said at what price it is buying the […]
Sunteck Realty’s second strategic acquisition in times of epidemic, bought land in Mumbaimore
Intro: Apex realty body announces festive bonanza to homebuyers by waiving off the stamp duty completely in the state and also on its online portal HousingforAll.com till 31st October 2020 In a move that could benefit homebuyers immensely, revive 250 industries directly and indirectly and at the same time save lakhs of jobs in the state, NAREDCO, […]
NAREDCO Maharashtra developers give a zero stamp duty booster to homebuyersmore
Sales of residential properties in the top seven cities of the country declined by 46 percent during the July-September quarter due to a decrease in demand due to Covid-19. This has been said in the report by property consultant Enarock. The report stated that during the second quarter of the current financial year, 29,520 units […]
Home sales drop by 46% during July-Septembermore
Prime Minister Narendra Modi stated on Saturday that the average housing construction time for the Pradhan Mantri Awas Yojana (PMAY-Gramin) were 45 to 60 days against 125 days at the time of the pandemic, as migrant workers returned home during lock-down and contributed towards it. He said that under the PMAY, during the coronavirus phase, […]
Prime Minister speaks about the rapid construction of PMAY houses during the pandemic period.more
Hyderabad- Revenue reforms will not only benefit property owners that run around for mutation (transfer of ownership) but will also simplify the process of property tax assessment for those residing within the GHMC limits. Earlier, the buyer had to go to the GHMC’s citizen service centre, along with a demand draft, latest encumbrance certificate, affidavit, […]
Revenue reforms will simplify the process of property tax assessment.more
On 8 September, Bombay High Court ordered MMRDA “for further stalling of road-widening work on a property owned by a housing society” in Kurla, after alleging that the government had “high-handedly” taken over 700 square metres. The work is carried out in an extended road from Kurla to Vakola on a road between Santacruz and […]
Bombay High Court ordered MMRDA to stop road-widening work on housing society plot.more
The largest bank of Japan MUFG pick up 30,000 sqft of space on rent for 10 years for approximately Rs 90 crore at the commercial building in Adani Realty at BKC, sources said. After many years in Nariman Point, the bank that started operations in Mumbai in 1953 relocates its Indian headquarters to BKC. Established […]
Adani Realty leases 30,000 sqft of space to Japanese largest bank MUFG.more
Crisis-hit IL&FS will be inviting initial bids to sell its corporate headquarters in the Bandra-Kurla Complex (BKC) in Mumbai at the end of this month, almost two years after the debt-ridden infrastructure lender folded, two people with direct development knowledge said. By the end of this financial year, the organisation aims to monetise the high-end […]
IL&FS wishes to fetch Rs 1,500 crore by selling its headquarters in Mumbai.more
The PNB Housing Finance mortgage lender is intended to lay off around 5-7% of its employees to an apparent effort to streamline costs as the business is declining, joining an extensive number of firms which trimmed their workforce over the last six months. On Wednesday, barely a month after Hardayal Prasad began taking as chief […]
PNB Housing Finance plans to lay off around 5-7% of its employees to streamline costs.more
Smart parking is going to be launched on 10 CBD roads in a month. BBMP planned to introduce the system on 85 roads with a particular emphasis on Central Business District (CBD). Initially, the facility is accessible on 10 roads. The project is being implemented according to the Public-Private Partnership (PPP) model and includes the […]
BBMP plans to launch smart parking on 10 CBD roads in a month.more
