Category: Lifestyle

MMRDA

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.

January 29, 2020

Thirty years is a short time in a rising metropolis and as the commercial hub of the Bandra-Kurla Complex became a hotspot, MMRDA decided to make it more lucrative by preparing a cosmopolitan development of taller buildings, and greener spaces. A master plan to construct 28 commercial and 10 residential buildings in BKC’s E Block […]

MMRDA proposes 28 commercial and 10 residential buildings in BKC to make the area more lucrative.more
Smart city mission

Government to issue a list of “Smart Cities” in June 2020.

January 28, 2020

The Smart Cities Mission will complete its five years of implication and the central government is going to publish a report card in June, consisting of 100 chosen smart cities into three categories – ease of living, municipal performance index and climate. It will allow cities to plan better and move towards data-driven governance, which […]

Government to issue a list of “Smart Cities” in June 2020.more
Metro Construction

Pune Metro becomes India’s fastest metro project developed in just 30 months.

January 27, 2020

The first trial conducted by Pune Metro earlier this month was the fastest one to achieve the milestone (30 months) of the country’s metro projects. With the January-10 run being a precursor to technical trial runs and regulatory approval and certification, progress is on track to make the first 5 km stretch to be operationalized […]

Pune Metro becomes India’s fastest metro project developed in just 30 months.more
RK Studios

Godrej Properties to develop luxury apartments at the famous RK Studios.

January 25, 2020

Godrej Properties Ltd (GPL), a real estate company, has unveiled a luxury residential project at the famous RK Studios in the tony Chembur neighborhood, the southern part of Mumbai. The company is releasing the 3 and 4-bedroom Collector’s Edition residences, it said in its release. Bombay Art Deco influences the architecture of these luxury buildings. […]

Godrej Properties to develop luxury apartments at the famous RK Studios.more
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

Report: Housing sales dropped in nine major cities by 9%.

January 23, 2020

According to a survey, housing sales fell in nine cities by 9% between October and December to 60,453 units as a result of the economic downturn and liquidity crisis. PropTiger recently reported a 30 per cent decrease in sales in nine cities between October and December quarter. In 2019, however, Knight Frank India and Anarock […]

Report: Housing sales dropped in nine major cities by 9%.more
Home buyers finally got the status of Primary secured creditors

Bengaluru-based Embassy group is going to invest Rs 2,000 crore into co-living space.

January 22, 2020

On 21st January, the Bengaluru-based Embassy Group has entered into co-living space and plans to build six such buildings in Bengaluru and Chennai. They are planning to widen there co-living brand Oliven to Hyderabad, Mumbai, Pune and Delhi-NCR. Initially, 20,000 beds space is being launched, starting from Bengaluru (15,000), Chennai (2,500) and Pune (2,500) and […]

Bengaluru-based Embassy group is going to invest Rs 2,000 crore into co-living space.more
Loan

Five principles to follow while buying a new house.

January 21, 2020

When it comes to buying a home, finance is one of the most important determinants and most of the other concerns revolve around it. Because purchases of property are often a once in life decision, your funds need to be properly assessed. One must now use its savings and also choose a home loan to […]

Five principles to follow while buying a new house.more

Developer launches property exchange applications.

January 13, 2020

Real Estate developer from Gujarat, 7 Oak has introduced “Bada Property Exchange Applications” in order to facilitate the process of finding and exchanging properties. The platform would allow customers in Indian towns and cities to identify individual properties to be exchanged at different places. “For instance, A Gujarat client may exchange his flat in Ahmedabad […]

Developer launches property exchange applications.more
Mumbai Metro

Mumbai developers approached MMRC to get direct access to Metro stations through their projects.

January 9, 2020

As the real estate market is still in a major slump, some of the biggest developers have found a new way of drawing customers to their high-end projects. They also addressed Mumbai Metro Rail Corporation (MMRC) to provide them with direct access to the underground stations of the 33.5 km Colaba-Bandra-Seepz Metro-3 from their current […]

Mumbai developers approached MMRC to get direct access to Metro stations through their projects.more
Insolvency

NCLT takes action against Efferent Realtors under Insolvency and Bankruptcy Code.

January 2, 2020

Under Section 7 of the Insolvency and Bankruptcy Code 2016, the National Company Law Tribunal (NCLT) started a procedure for corporate insolvency resolution against Efferent Real Estates located in Delhi. Gaurav Katiyar has been named by the courts as the Interim Resolution Professional (IRP) for the case. The buyer through his lawyer Piyush Singh of […]

NCLT takes action against Efferent Realtors under Insolvency and Bankruptcy Code.more