Category: Project

Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

Lawyers will provide legal assistance to the distressed homebuyers for free.

January 28, 2020

Maharashtra Real Estate Regulatory Authority (MahaRERA) lawyers decided to provide home buyers with free legal consultancy and support in court from February 1. The Bar Association-run Legal Aid Cell advocates will serve those in need of help in the logjam between builders and homebuyers. The members have held several seminars to raise awareness about the […]

Lawyers will provide legal assistance to the distressed homebuyers for free.more

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

Minister Nitin Gadkari speaks about the upcoming Delhi-Mumbai expressway that will cut-down travel time by half.

On Friday, the Road Transport and Highways Union Minister, Nitin Gadkari, said the forthcoming Delhi-Mumbai Expressway will serve as a growth engine for its transit areas. He also said that the expressway would slash the travel time between Delhi and Mumbai by almost half, addressing an event at Manesar in Haryana’s Gurgaon district. The highway […]

Minister Nitin Gadkari speaks about the upcoming Delhi-Mumbai expressway that will cut-down travel time by half.more

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

High Court orders demolition of illegal building, following a resident’s complaint.

A professional in service management shows the way for citizens forced to live in illegal buildings. Jaswinder Bansal not only refused to allow the ageing parents to inhabit their redeveloped apartment, constructed in a completely illegal building but also filed a lawsuit in the High Court of Bombay against the builders and the BMC. On […]

High Court orders demolition of illegal building, following a resident’s complaint.more

Investors explicate keen interest in last-mile funding for the stuck housing projects.

January 24, 2020

A sharp contrast to previous years, more investors are eager in last-mile funding for stuck housing projects that seems to be a rub-off impact on equally strained residential projects from the government allocating Rs 25,000 crore. In the light of evolving regulatory and market circumstances, the burden on developers to deliver the projects at earliest […]

Investors explicate keen interest in last-mile funding for the stuck housing projects.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

Piramal Realty to focus on the mid-market segment – plans to invest Rs. 3,500 crore in Mumbai.

Piramal Realty, the Piramal Group’s real estate development arm, plans to invest over Rs 3,500 crore in the Mumbai Metropolitan Region (MMR) residential project over the next 3 years with a strong focus on mid-market segment, said a top company official. Goldman Sachs and Warburg Pincus are investors of this enterprise which is entering the […]

Piramal Realty to focus on the mid-market segment – plans to invest Rs. 3,500 crore in Mumbai.more

NCDRC upholds police for failure to issue warrants to the partners of KDS Infra Buildcons.

January 22, 2020

In view of the inability of the police to provide non-bailable warrants to the three partners of Kondhwa-based real estate company (Pune) KDS Infra Buildcons for non-compliance of its order, the National Consumer Disputes Redressal Commission (NCDRC) took a strong note of it. In the four years, total, 132 home buyers — mainly retired Ammunition […]

NCDRC upholds police for failure to issue warrants to the partners of KDS Infra Buildcons.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.

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

Category: Project

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