Category: World Real Estate News

Due to incomplete reports, MahaRERA suspends the registration of 248 projects.

November 21, 2023

MUMBAI: Due to the failure to update their quarterly progress reports, MahaRERA has suspended the registration of 248 projects, including three MHADA projects in Pune and Beed that were registered in February of this year. In a similar vein, the failure to update quarterly project reports may result in the suspension of 224 projects that […]

Due to incomplete reports, MahaRERA suspends the registration of 248 projects.more

MARKET IS GOOD, IF….

November 15, 2023

‘There Is Recession In The Market.’ ‘There’s No Money In The Market.’ ‘Market Kharaab Hai.’ I’m sure these are some of the most depressing expressions we have been hearing, which are part of our day to day life. From a small construction contractor to a building material supplier, from a small-town developer to a multi-city […]

MARKET IS GOOD, IF….more
sealed

Pune municipal council seizes 40 items for unpaid property taxes.

November 6, 2023

PUNE: Since the measures’ inception four days ago, the PMC has been actively working to seal the properties of property tax defaulters, taking action against forty assets. Ajit Deshmukh, head of the property tax department, stated, “The defaulters received notices from the civic administration.” We started the sealing procedure when they refused to pay after […]

Pune municipal council seizes 40 items for unpaid property taxes.more

Mumbai: Developers are now required to provide rehabilitation tenants with more space.

November 4, 2023

MUMBAI: The urban development department of the state has suggested that all BMC and Mhada rehab homes have a floor area of 405 square feet. Section 15 of the notification reads, “The fungible compensatory area admissible on rehab component will be given without charging a premium and such reusable compensatory area for rehabilitation section shall […]

Mumbai: Developers are now required to provide rehabilitation tenants with more space.more

2,000+ property tax defaulters under the scrutiny of the Chandigarh civic government 

November 3, 2023

CHANDIGARH: The municipal corporation (MC) is prepared to begin attachment procedures against the top 2,000 owners of commercial and residential real estate who have not paid their property taxes, following many demand notices. The majority of defaulters have not deposited their dues within the allotted time frame. In accordance with Municipal Act Section 138, the […]

2,000+ property tax defaulters under the scrutiny of the Chandigarh civic government more

After the RBI eliminates the CoR, Indian Bank will close down Ind Bank Housing.

October 28, 2023

CHENNAI: Following the RBI’s cancellation of the Housing Finance Company’s certificate of registration (CoR), the public sector Indian Bank would wind up its subsidiary Ind Bank Housing Ltd (HFC). Reporters in Chennai were informed on Thursday by Indian Bank MD & CEO SL Jain that Ind Bank Housing has not operated for the last 20 […]

After the RBI eliminates the CoR, Indian Bank will close down Ind Bank Housing.more
Property Tax

Notices are sent to 2.4 lakh property tax defaulters by the Nashik civic authority.

October 26, 2023

NASHIK: With a combined debt of over Rs470 crore, the Nashik Municipal Corporation’s (NMC) property tax department has given letters to 2.4 lakh defaulters. The NMC has instructed the defaulters to pay their taxes within 15 days; if they don’t, the civic organization will begin the warrant-issuing process. For the current fiscal year (2023–24), the […]

Notices are sent to 2.4 lakh property tax defaulters by the Nashik civic authority.more

Experience the true essence of unmatched luxury living in Versova

October 23, 2023

Sea Bliss by Asshna Developers is an urban oasis that offers an exquisite lifestyle with much perfection at Seven Bungalows in Versova     Exquisite, exclusive, and enchanting—Sea Bliss by Asshna Developers is all this and much more. The stunning 23-storeyed premium residential project at Seven Bungalows in Versova is an avant-garde urban oasis. An […]

Experience the true essence of unmatched luxury living in Versovamore
Home loan

Ummeed Housing Finance receives a $20 million loan sanctioned by US International DFC.

October 18, 2023

In order to meet the housing needs of the economically disadvantaged and middle-class people, the US International Development Finance Corporation (DFC) has approved a $20 million long-term loan for Gurgaon-based Ummeed Housing Finance. According to Ashutosh Sharma, the founder and managing director of Ummeed, the American fundraising organization will offer the debt at a fixed […]

Ummeed Housing Finance receives a $20 million loan sanctioned by US International DFC.more
Investment

Why Invest in India? Why Wealth in India!

October 13, 2023

India, a land of diverse cultures and rich history, is not only a treasure trove of experiences but also an increasingly appealing hub for investors seeking growth and prosperity. As one of the world’s fastest-growing economies, India offers an array of opportunities that are hard to ignore. This article explores why investing in India can […]

Why Invest in India? Why Wealth in India!more