Category: INDIA / WORLD

Following a recent judgment by the Supreme Court, MahaRERAasks builders to display sanctioned plan, layout plan and approved specifications

October 18, 2018

MUMBAI: A few days ago, the honorable Supreme Court of India made it compulsory for real estate firms to display approved building plans on project sites. The landmark judgment was passed on October 5, in the case of Ferani Hotels Pvt Ltd v/s the State Information Commissioner Greater Mumbai and others. Ever since it was […]

Following a recent judgment by the Supreme Court, MahaRERAasks builders to display sanctioned plan, layout plan and approved specificationsmore

MahaRERA warns builders to update their registered projects on their website else pay 10 percent of their project cost as penalty

October 17, 2018

Earlier this year, the Maharashtra Real Estate Regulatory Authority (MahaRERA) had fined eight builders in Mumbai for advertising their real estate projects as a non-registered project. And now, it looks like registered builders in Mumbai and Maharashtra will face massive penalties if they don’t update or make corrections to their projects on the MahaRERA website. […]

MahaRERA warns builders to update their registered projects on their website else pay 10 percent of their project cost as penaltymore

SEBI has also given the nod to ASK Investment Managers, Nihilent and Muthoot Microfin

Prior to the global recession and financial downfall, the real estate sector was at its peak. The banks were liberal enough to give credit to large scale borrowers which resulted in a steep rise in the capital inflows and domestic liquidity. But soon after 2013, the Indian real estate sector sank to the lowest and the […]

SEBI has also given the nod to ASK Investment Managers, Nihilent and Muthoot Microfinmore

Builders to offer freebies and flexible payment plans instead of slashing property prices

Bengaluru/Mumbai: Expensive property price has always been the bone of contention between potential buyers and builders. While builders are refusing to budge on the hefty price tag of their end product. They are trying to lure customers by offering gifts, easy payment options and in some rare cases minor discounts. Experts are doubting if these […]

Builders to offer freebies and flexible payment plans instead of slashing property pricesmore

Engineering Process Outsourcing opportunity at India Construction Festival on October 24-25 at Taj Palace, New Delhi.

More than 200 leading construction companies from 10 countries, including Germany, USA, China, and Canada, will come together to discuss the US$ 170 billion Engineering Process Outsourcing opportunity at India Construction Festival on October 24-25 at Taj Palace, New Delhi. The mega Festival is supported by Ministry of Commerce, Engineering Export Promotion Council, US India […]

Engineering Process Outsourcing opportunity at India Construction Festival on October 24-25 at Taj Palace, New Delhi.more

Real Estate Broker in Maharashtra Killed over Post on WhatsApp Group

October 15, 2018

Aurangabad: A real estate broker was killed for allegedly posting some comments on a WhatsApp group, police said on Monday. Moin Mehmood Pathan, 35, was attacked with swords, knives and rods on Sunday night by a group of around 20 persons in Fatimanagar locality of Harsul area here, police said. Police attributed the killing to […]

Real Estate Broker in Maharashtra Killed over Post on WhatsApp Groupmore

Centre urges Tamil Nadu to appoint fulltime Chairman of Real Estate Regulation Authority

October 13, 2018

CHENNAI: The Centre has urged the State government to appoint a fulltime Chairman of Tamil Nadu Real Estate Regulation Authority and has hit out at the Southern states’ dismal performance (excluding Karnataka) in registering projects with Real Estate Regulatory Authority. Speaking at a regional workshop, RERA – A New Era of Transparency and Accountability in […]

Centre urges Tamil Nadu to appoint fulltime Chairman of Real Estate Regulation Authoritymore

PMRDA officials to grant homes to people under the Pradhan Mantri Awas Yojana (PMAY) only if they produce their Aadhaar card as ID proof

October 12, 2018

Pune: Those seeking to own a home under the PMAY in Pune will now have to show Aadhaar cards as an ID proof. Failing to do so will make them ineligible for the scheme. This latest development has been confirmed by PMRDA (Pune Metropolitan Region Development Authority) officials. They also stated that they are working on a […]

PMRDA officials to grant homes to people under the Pradhan Mantri Awas Yojana (PMAY) only if they produce their Aadhaar card as ID proofmore

Navi Mumbai ranks 2nd in Ease of Living out of 111 cities, surpassing Greater Mumbai & Thane

Nearly 80% of the overall residential project launches in Navi Mumbai from 2013 to H1 2018 are in the affordable (< INR 40 Lakh) and mid-segment (INR 40 Lakh – INR 80 Lakh) budget range, states a report byANAROCK Property Consultants and CREDAI. The report‘Navi Mumbai – City of Opportunities‘ was released at the Capital Connect event organized […]

Navi Mumbai ranks 2nd in Ease of Living out of 111 cities, surpassing Greater Mumbai & Thanemore

Bankers Are Worried About Sky- High Commercial Real Estate Prices

October 11, 2018

Janet Yellen recorded the warning a day before stepping down as Federal Reserve chair in February: Commercial real estate prices look strikingly high. Her successor, Jerome Powell, flagged it again a month later. Analysts at Goldman Sachs Group Inc. tried in May to put a number on it: Properties may be overvalued as much as […]

Bankers Are Worried About Sky- High Commercial Real Estate Pricesmore

Category: INDIA / WORLD

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