What is Title Insurance? To protect the buyer of the property, be it a house, land or even a developer who buys land, an insurance company agrees to compensate the purchaser against any loss caused by a defect in the title of the seller in the property. Under title insurance, you will be paid by […]
The importance of Title insurance, how does it help a housing society?more
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
Delhi Metro Rail Corporation (DMRC) is now both a consumer and a producer of solar energy. Mangu Singh, its managing director, stated in an exclusive interview, not only utilizes 107 MW solar power to run trains, but it also produces 32 MW of solar energy. Of late, the DMRC was supplied with 77 MW of […]
DMRC: First organization in the world to register as a CDM project.more
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
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
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
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
According to an analyst poll by Reuters, The housing market in India, burdened by unfinished projects, as developers struggle to access money, is expected to recover modestly in the coming year on government efforts to unblock the market. The government has approved the 100 billion rupees ($1.4 billion) fund earlier this month to help clear […]
Analyst poll – Real estate sector is expected to bounce back modestly through the government measures.more
The Forum for People’s Collective Efforts (FPCE) lobby of homebuyers requested involvement by Prime Minister Narendra Modi to avoid any attempt to prevent homebuyers from moving the National Company Law Tribunal (NCLT) against errant builders. Last year the Government implemented the Insolvency & Bankruptcy Code to consider homebuyers as financial creditors and authorize them, in […]
FPCE demands Prime Minister’s intervention to get errant developers to NCLT.more
In 2020, Western Railway will conduct a drone survey to stretch the Goregaon-Borivli Harbor Line, paving the way for more trains and increasing capacity. In the context of the Mumbai Urban Transportation Project (3A), Harbour line services were extended till Goregaon in April 2018. A senior WR said, “We had a pre-bid meeting on Wednesday with […]
Western Railway plans to extend harbour line till Borivli by taking drone & geotechnical survey of the route.more
