Category: Lifestyle

Dream house

Important amenities that a tenant should check before renting a house.

December 13, 2019

A common dilemma for prospective tenants when searching for a home on rent is to determine what amenities are necessary and based on that what rental amount of the house should be. “The facilities close to one’s home in metropolitan cities could be costly and only accessible through annual membership. Most people, therefore, prefer basic projects […]

Important amenities that a tenant should check before renting a house.more
DHFL

The promoters of Dewan Housing Finance have given personal guarantees to more than Rs. 80,000 crore of loans.

December 4, 2019

In the books, filings and the annual report for March 2019 the promoters of the Dewan Housing Finance have given more than Rs. 80,000 crore personal guarantees of loans. Personal guarantees cover various borrowings and include guarantees on Rs. 42,344 crore secured non-convertible debentures, Rs. 31,975 crore worth bank term loans, Rs. 2,435 crore NHB […]

The promoters of Dewan Housing Finance have given personal guarantees to more than Rs. 80,000 crore of loans.more
Aarey colony forest

CM Uddhav Thackeray announced a stay for Metro construction in Aarey Colony area.

December 2, 2019

On November 29, Maharashtra Chief Minister Uddhav Thackeray declared a hold to the construction of the metro shed in the city’s green lung Aarey Colony, where a large number of people had protested against the cutting-down of trees for the development. However, he explained that the work of the Mumbai metro project was not stopped […]

CM Uddhav Thackeray announced a stay for Metro construction in Aarey Colony area.more
Co-working Space

Thailand based real estate developer will be developing co-working space for Students and Startups.

November 30, 2019

Magnolia Quality Development Corporation (MQDC) a Thailand real estate development company is going to launch its first-ever co-working office space under the name Whizdom Club in India. It is being said that they will be developing two more properties in Delhi NCR and is assessing opportunities for property development. The first of the three proposed […]

Thailand based real estate developer will be developing co-working space for Students and Startups.more
Under-construction Building

Nine developers and MHADA held a meeting to negotiate the costing of Patra Chawl redevelopment project.

November 29, 2019

The 672 tenants of Patra Chawl’s redevelopment project in Goregaon get a ray of hope for the first time since their homes were demolished in 2010. On 27 November, nine private developers who bought the land from Housing Development and Infrastructure Limited (HDIL) in the 42-acre redevelopment plan, met with officials from the Maharashtra Housing […]

Nine developers and MHADA held a meeting to negotiate the costing of Patra Chawl redevelopment project.more
Financial crisis

Investment: How to avoid stalled project risk and evaluate the financial health of a developer’s project?

Despite India’s property sector being subjected to delayed and stalled housing projects, home buyers are in the need of checking the financial health of a builder, so as to prevent any uncertainty about its completion. “To avoid risks later it is extremely important for a buyer to verify a project’s financial health. See the company […]

Investment: How to avoid stalled project risk and evaluate the financial health of a developer’s project?more
SEBI

Recent guidelines by SEBI on preferential issue & institutional placement by listed REITs.

November 28, 2019

On Wednesday, the Securities and Exchange Board of India (SEBI) provided guidelines on the preferential issue of units and institutional placement of units by a listed Real Estate Investment Trust (REITs). The regulator said that if it has been listed for a period of 12 months, a listed REIT may create a preferential issue of […]

Recent guidelines by SEBI on preferential issue & institutional placement by listed REITs.more
Mumbai Metro

In two years, MMRC has completed 70% of the tunnelling for the Colaba-Bandra-SEEPZ Metro-3 route.

November 26, 2019

70% of tunnelling for the Colaba-Bandra-SEEPZ Metro-3 corridor was achieved by the Mumbai Metro Rail Corporation (MMRC). Approximately, 23 breakthroughs were completed in two years, totalling 38.25 km out of 55 km. The first and only fully underground corridor to overhaul the deteriorating urban transport and chock-a-block traffic in the city is Colaba-Bandra-SEEPZ Metro-3. On […]

In two years, MMRC has completed 70% of the tunnelling for the Colaba-Bandra-SEEPZ Metro-3 route.more