Mumbai State housing board Mhada’s lottery for 1,384 flats been marred by a legal dispute over its three costliest apartments averaging Rs 5 crore each. The Managing Committee of Dhavalgiri society in Grant Road, where these flats are located, has disputed Mhada’s ownership in a law suit filed in the Bombay High Court on December […]
Ownership of Mhada lottery’s costliest flats under disputemore
Mumbai The Maharashtra Real Estate Regulatory Authority (MahaRERA) has imposed a daily penalty of Rs 1 lakh for every day of delay beginning December 6 on Nirmal Developers for defaulting on refund instalments of 74 homebuyers in Mulund West. Nirmal Developers launched Nirmal Olympia, a 54-storey project with four wings, with the proposed deadline for […]
MahaRERA slaps a daily penalty of Rs 1 lakh on Nirmal Developersmore
Mumbai Once known only as a stopover for Mumbaikars on the way to Matheran, Neral has today emerged as a real estate destination in its own right. Located near Karjat on the way to Pune, Neral was once a picnic destination where Mumbaikars would alight from the Cental Railway line to board the bus, taxi […]
An affordable hub: Neralmore
Mumbai Ninety of 100 acres reserved for a zoo at Goregaon (east) is now proposed to be used to rehabilitate tribals and slum dwellers living at Sanjay Gandhi National Park. The zoo, if it sees the light of day, will come up on the balance land. The proposal has come under criticism from environmentalists. The […]
Maharashtra eyes land near Aarey for slum rehabilitation, environmentalists fumemore
Three major redevelopment projects in central Mumbai are set to revitalize real estate in the city: the 97 acre government colony at Bandra, 92 acres of BDD chawls in Worli, Naigaon, Lower Parel and Sewri, and the 520 acre Dharavi. That all these projects are being opened up in a pre-election year is being […]
Redevelopment projects in city centre set to revitalize Mumbai’s real estate hopesmore
What does a home buyer seek when buying a home nowadays? Nothing but the best. This is where a marvelous piece of technology called Virtual Reality (VR) has entered as a saviour for builders. With competition reaching an all time high and a crazy race to please extremely demanding buyers, builders have heaved a sigh […]
Virtual Reality Plus Real Estate Businessmore
RERA’s primary area of focus is under-construction properties. After all, this is the area where buyers had been facing the most challenges on account of project delays, project plan deviations and various other issues.RERA was supposed to save the day for homebuyers, but that doesn’t seem to have happened – at least not yet. In […]
Ready to Move vs under construction – cavet empotermore
The state government has taken up several big-ticket, vital transport and civic infrastructure projects, keeping in mind the need for better and improved infrastructure in Thane considering its growth in the future. “This is a welcome step, and augurs well for making thane’s development and growth story ‘future perfect’, said Dr. Niranjan Hiranandani, MD, Hiranandani Group and […]
The story of Thane’s real estate as also real estate development across the Mumbai Metropolitan Region (MMR) is a success story co-scripted with infrastructure projects which enhance linkage – and their timely completion.more
Real estate is a capital guzzler, illiquid, immovable and indivisible. Also, it is cumbersome to acquire, maintain, liquidate and bequeath. Capital guzzler: Many times, a single piece of real estate will constitute almost 70-80% of the client’s portfolio. If that is the case then it is a no-brainer that real estate shouldn’t be considered. Illiquid: […]
Obsession with buying a house: Why do Indians prefer real estate?more
When one thinks of millennials the first thought that comes to mind is laidback and chilled out. However, make no mistake. Not only are they a very hardworking and innovate a lot, but they have also mastered the art of investing in the moolah where it matters the most! In this article, we take a […]
Millennials And Real Estate, Everything That You Need To Know!more
