Category: Mumbai

CIDCO to refund delayed payment charges to housing scheme applicants.

June 23, 2021

THANE: June 22 (PTI)The City and Industrial Development Corporation (CIDCO), an agency of the Maharashtra government, has waived delayed payment charges on 5th and 6th installments under its 2018-19 housing scheme and would refund this money to 3,417 applicants, it said on Tuesday. About Rs 1. 07 crore in total will be refunded to those […]

CIDCO to refund delayed payment charges to housing scheme applicants.more
Commercial Property

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
Housing Societies

The Maharashtra cabinet has approved changes to the Co-operative Societies Act.

May 6, 2021

On May 5, the Maharashtra cabinet approved a plan to amend the Cooperative Societies Act 1960 to ensure that members’ voting rights are not getting lost during the next elections to their respective societies. According to the current rules, a member must attend at least one meeting of the co-operative society every five years otherwise, […]

The Maharashtra cabinet has approved changes to the Co-operative Societies Act.more
Building Construction

Construction firms are able to support their workers by using the reverse migration option.

April 13, 2021

Real estate and construction firms have so far been able to keep their workers on the job by using the lessons learned from last summer’s tumultuous evacuation of towns, even as reverse migration of unskilled workers working in retail, hotels, street vendors, and other miscellaneous occupations has begun in the wake of new mobility curbs. […]

Construction firms are able to support their workers by using the reverse migration option.more
Radhakishan Damani D-mart

Radhakishan Damani, founder of D-Mart executes its third-biggest deal of Rs. 1,001 crore.

April 5, 2021

Radhakishan Damani, billionaire investor and founder of D-Mart, has purchased a bungalow in South Mumbai’s lavish Malabar Hill area for Rs 1,001 crore, the country’s largest residential sale. Damani purchased the property with his younger brother, Gopikishan Damani. Madhukunj, a 1.5-acre land parcel on leafy Narayan Dabholkar Marg, has ground plus a two-storey bungalow with […]

Radhakishan Damani, founder of D-Mart executes its third-biggest deal of Rs. 1,001 crore.more

REALTY QUARTER Successfully Celebrated its 4th Anniversary of REAL ESTATE & CONSTRUCTION INDUSTRY LEADERSHIP AWARDS 2021

March 23, 2021

REALTY QUARTER Celebrated its “4th REAL ESTATE & CONSTRUCTION INDUSTRY LEADERSHIP AWARDS 2021” in association with BUILDER ASSOCIATION OF INDIA (BAI), MAHARASHTRA WELFARE SOCIETY ASSOCIATION (MWSA), MEDIA VARTA NEWS PAPER, CNN24, INDIA LIVE 24, TV9, DAINIK PRABHAV SAMACHAR & MUMBAI JANPATH, NEELA TOURS & TRAVELS, IPE (INDIAN PROPERTY EXPO.), EVENT FINDER & ACE MARKETING SOLUTION […]

REALTY QUARTER Successfully Celebrated its 4th Anniversary of REAL ESTATE & CONSTRUCTION INDUSTRY LEADERSHIP AWARDS 2021more
Buy property cheaply at auction

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

March 17, 2021

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
Mhada

State Housing Department Relaxes Rules for the Redevelopment of Cessed Buildings in Mumbai.

March 15, 2021

The state housing department provides relaxed conditions for the redevelopment of old and decayed cessed buildings in the city with hundreds of Mhada NOCs stuck for over a year. It has removed a 2019 GR which, several developers have said, was unworkable. Now developers would not be expected in order to obtain a redevelopment NOC to […]

State Housing Department Relaxes Rules for the Redevelopment of Cessed Buildings in Mumbai.more
MHADA Lottery 2021

MHADA Lottery 2021 – Eligibility for MHADA, Steps for applying for the MHADA Lottery 2021

March 13, 2021

MHADA Lottery 2021 MHADA is a housing scheme released by the Housing and Area Development Authority, Government of Maharashtra for the people of the state. Desired applicants can apply for the scheme under four categories economically weaker section, the lower-income group (LIG), the Middle-income group (MIG), and the High-income group (HIG) category. Registration of flat […]

MHADA Lottery 2021 – Eligibility for MHADA, Steps for applying for the MHADA Lottery 2021more