Category: Delhi

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

Bengaluru’s prime office rental falls by 8%, while Mumbai falls by 6.2% in the first quarter of 2021.

May 12, 2021

According to a Knight Frank report, prime office rentals in Bengaluru and Mumbai dropped 8% and 6.2%, respectively, from January to March 2021 versus the preceding year. According to the consultant’s Asia-Pacific Prime Office Rental Index Q1, 2021 survey, prime office rents in the national capital region (Delhi-NCR) fell by just 1% from January to March […]

Bengaluru’s prime office rental falls by 8%, while Mumbai falls by 6.2% in the first quarter of 2021.more

East Delhi Municipal Corporation mandates online Property Tax payment from individuals.

April 6, 2021

The Municipal Corporation of East Delhi has decided to change totally to the online tax collection method. A government entity notification states that property tax returns are now accepted only online. Manual return filing has been taken out. According to the order issued by the accessor and collector office, the change is intended to increase […]

East Delhi Municipal Corporation mandates online Property Tax payment from individuals.more

Mr Sunil Sisodiya - Director at Geetanjali Homestate

Geetanjali Homestate Pvt Ltd – One of the topmost Real Estate Service provider’s in India.

March 17, 2021

Geetanjali Homestate Pvt Ltd is NCR’s exclusive & specialised real estate service provider group dealing in proving commercial & residential property. An inaugural amongst professional real estate consulting companies in NCR. They have more than 12 years of amazing experience in real estate, they believe in proving class & quality to its customer with the help […]

Geetanjali Homestate Pvt Ltd – One of the topmost Real Estate Service provider’s in India.more

Indiabulls Housing Finance auctions Rana Kapoor’s property for Rs 114 crore.

Indiabulls Housing Finance has sold to a real estate developer in Delhi a property belonging to Yes Bank Cofounder Rana Kapoor for Rs 114 crore, said three people aware of the development. To recoup nearly Rs 240 crore, it had loaned to Bliss Villa, a company where Kapoor was the guarantor, the mortgage lender sold at […]

Indiabulls Housing Finance auctions Rana Kapoor’s property for Rs 114 crore.more

Interview of Mr. Pradeep Agarwal, Founder & Chairman – Signature Global Group

November 26, 2020

Q1: Realty & Sustainability Confluence and Awards 2020” by ASSOCHAM and MoHUA is big news. Why ASSOCHAM felt the need for something like this? What role is expected to play among developers as well as buyers? Ans – When the times are tough, any sort of motivation works wonders and Awards like these will certainly […]

Interview of Mr. Pradeep Agarwal, Founder & Chairman – Signature Global Groupmore

What is the Government’s “Ownership Scheme”?

October 24, 2020

The Central government has recently launched an important scheme for people living in rural areas. Its name is the Government’s ‘Ownership Scheme’. Prime Minister Narendra Modi launched the scheme on 24 April 2020 on National Panchayati Raj Day. They will be given property cards. Introducing the scheme, the PM distributed property cards to some people. […]

What is the Government’s “Ownership Scheme”?more

Prices of houses reduced by 7% during July-September

October 12, 2020

Knight Frank India, a property consulting company, said the average prices of homes in the six major cities of the country declined by two to seven per cent during July-September. These cities are Delhi-NCR, Mumbai, Chennai, Pune, Kolkata and Ahmedabad are included. However, the average house prices in Bangalore and Hyderabad rose by three and […]

Prices of houses reduced by 7% during July-Septembermore

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

HDFC bank pays 20% less rent to the landlord due to pandemic lockdown.

August 27, 2020

Recently, the owner who leased his four-story building at the Regional Office of the HDFC Bank in Indore paid a 20% lower rent from the HDFC Bank. The landlord had no choice but to accept this since he could not know whether he could get another customer to occupy all four floors of the building. […]

HDFC bank pays 20% less rent to the landlord due to pandemic lockdown.more