State Bank of India (SBI) has disbursed a record Rs 1.12 lakh crore in loans to individual home buyers through the end of January in FY22, as demand for housing in the hinterland surged, allowing it to leapfrog specialist lenders in the mortgage business. This represents a 20% increase over the same period in FY21. […]
In FY22, SBI disburses Rs 1.12 lakh crore in home loansmore
Strengthens Senior leadership with appointment of Anuj Nangpal as CEO. Mumbai – December 13, 2021: Smartworks, India’s leading Enterprise-focused Managed office space provider, today announced the launch of its new venture, Smartworks Technology Services. The new venture aims to launch a Building Operating Platform and Workspace Management SaaS product targeted at landlords and organizations globally, centered on […]
Smartworks announces investment of US$25 Mn in its new Venture – Smartworks Technology Services.more
~ 3BHK lifestyle homes with private decks & exclusive amenities ~ Mumbai, 10th December, 2021: Runwal Group, one of India’s leading real estate developers, announced the launch of a new residential tower – Lily, in their project Runwal Forests located at Kanjurmarg West in Mumbai. This landmark residential township is spread across approx 15 acres of land on LBS […]
Runwal Group unveils a new tower Lily at Runwal Forests in Kanjurmarg.more
The registrations of property in Mumbai, has yet again witnessed a 10-year high in the month of September led by record-low home loan interest rates and incentives offered by developers. As per the data available from the Government’s Department of Registration and Stamps, the month of September 2021 saw 7,799 properties being registered in Mumbai, up […]
Mumbai property registrations at a 10-year high in September 2021more
Spenta Corporation is also offering a special festive gift of iPhone 13 pro (128 gb) to buyers on each booking at Amber. October 19 2021, Mumbai: Spenta Corporation Pvt. Ltd. one of the leading real estate firms of Mumbai recently announced the launch of a brand new tower – “Amber”, as a part of its […]
Spenta Corporation announces the launch of new tower “Amber” at their project Ornata in Chemburmore
Tridhaatu Aranya, an under-construction premium residential development in Mumbai’s Chembur suburb has witnessed one of the most expensive transactions in Mumbai’s eastern suburbs where IndoStar Capital Finance Chief Executive Officer R. Sridhar’s family has bought three apartments for Rs 27.25 crore. The 32-storied project Aranya is being developed by realty developer Tridhaatu Realty at Chembur’s Farm Road. Along with Sridhar, […]
Chembur witnesses one of the biggest residential deals at Tridhaatu Aranyamore
Because of the presence of radars for civil and commercial planes, the Airports Authority of India (AAI) has begun enforcing new construction height limitations in Juhu and Dahisar. This has resulted in a reduction in allowable building height, which is impacting apartment redevelopment and new developments in certain locations. Building heights are now significantly lowered […]
AAI Begins Enforcing New Construction Height Limitations in Juhu and Dahisar.more
A recent judgment issued by the GST-Authority for Advance Rulings (AAR) to Puranik Builders is expected to have a negative impact on both the builders and the consumers, since it may raise expenses. The AAR has ruled that “other charges” received by a builder under a sale agreement are not a composite supply and would […]
‘Other charges’ obtained by the builder will be subject to 18% GST: AARmore
The state cabinet was presented with the Intergovernmental Panel on Climate Change’s global warming report on September 1st, with an overall focus on Maharashtra and an emphasis on its coastal region, notably Mumbai. While conducting the presentation, the environment department called for mitigating actions, stating that if temperatures rise by 2-2.5 degrees Celsius due to […]
To prevent Mumbai from sinking, the government will form a climate change commission.more
The Maharashtra Real Estate Regulatory Authority (MahaRERA) may enable you to withdraw from a project if the developer has already delayed possession and you wish to leave. In a dispute between a flat buyer, Surajkumar Rajendra Rai, and Ekta Housing over the delayed Virar project Brooklyn Park Phase IV, MahaRERA chairperson Ajoy Mehta has ordered […]
MahaRERA asks Ekta Housing to repay the buyer after the project is completedmore