Category: Lifestyle

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

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
Real estate investment

Consumers and Lawyers declare their unhappiness for the complaints under MahaRERA.

December 30, 2019

When it comes to registering real estate projects and also concerning grievances, Maharashtra can have the best place between states. Nonetheless, that is where the distinction stops. The state has no information to simplify the purchasing decision for the consumers. The action-taken-report remains missing; moreover, most of the consumers and lawyers are unhappy about the […]

Consumers and Lawyers declare their unhappiness for the complaints under MahaRERA.more
Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

MahaRERA issued recovery warrants of Rs 24 crore against Nirmal Developers.

December 24, 2019

Nearly 10 months after MahaRERA issued Rs 24 Crore recovery warrants against Nirmal Developers after they failed to repay 80 home buyers in Mulund for Nirmal Olympia project, the buyers’ money have yet to be refunded. Homebuyers are now stuck in the blame for the recovery battle between Tehsil officials (who conduct the recovery process) […]

MahaRERA issued recovery warrants of Rs 24 crore against Nirmal Developers.more
Whatsapp Chatbot

Birla Estates introduces Whatsapp AI chatbot LIDEA to provide an interactive solution to its customers.

December 23, 2019

Recently Birla Estates released its WhatsApp interactive AI-Enabled ChatBot solution LIDEA. The solution is intended to provide consumers who assess Birla Estates’ residential development with information on their projects, says the company. LIDEA is designed to provide accurate information and to answer questions regarding the development and initial work of Birla Estates with its Bengaluru […]

Birla Estates introduces Whatsapp AI chatbot LIDEA to provide an interactive solution to its customers.more
Keppel Land and Rustomjee Group

Keppel Land and Rustomjee Group have entered into a joint venture to construct a 51.4 hectare integrated Urbania township in Mumbai.

December 17, 2019

Keppel Land, based in Singapore, has established a joint venture with the Rustomjee Group through its wholly-owned subsidiary, with the aim to develop the 51.4-hectare integrated Urbania township of Thane in the Mumbai region, a company statement said. Keppel Land is set to buy a 49% stake for over Rs 400 crore in the joint […]

Keppel Land and Rustomjee Group have entered into a joint venture to construct a 51.4 hectare integrated Urbania township in Mumbai.more