Category: Property Updates

Building Construction

Group Satellite introduces the ReservedSky Residences at Goregaon project

August 2, 2021

~Satellite Elegance maximizes your living spaces with exceptional views~ Mumbai, 29th July 2021: Group Satellite, one of Mumbai’s prominent developers introduce the gripping ReservedSky Residences at their Satellite Elegance project located in the ever-transforming and bustling suburban region of Goregaon in Mumbai. The ReservedSky residences start from the 25th floor, priced at 1.49cr onwards. The residences […]

Group Satellite introduces the ReservedSky Residences at Goregaon projectmore

Malad-Goregaon has become the most sought after Real Estate Destination

July 31, 2021

One of the fastest-growing suburbs of Mumbai, the Malad-Goregaon region is situated in the northwest part of the city. From being a sparsely populated outskirt, it has transformed into a vibrant residential, commercial and IT hub owing to the various developments, especially since the turn of the millennium. The 16th century Malad was a cluster […]

Malad-Goregaon has become the most sought after Real Estate Destinationmore
dubai property marina

Dubai’s real estate market is booming as wealthy Indians look for second homes.

July 20, 2021

Since 2017, Indians have been among the top three countries investing in real estate in the emirate. Despite the Covid-19 pandemic, rich Indians continue to invest in homes in Dubai since the emirate ranks first as a dream destination. Shajai Jacob, Chief Executive Officer (CEO), Gulf Cooperation Council (GCC), Anarock Property Consultants, a real estate […]

Dubai’s real estate market is booming as wealthy Indians look for second homes.more
Raising Funds

Builders are requested to provide a payment plan for the authorities in Noida and Greater Noida.

July 17, 2021

On July 15, officials from the Noida and Greater Noida government, private developers, and homebuyers met to address the deadlock over delayed flat registration. The conference was presided over by Sanjiv Kumar Mittal, the state’s infrastructure and industrial development commissioner. The developers representing Credai and Naredco were requested to submit a new payment plan to […]

Builders are requested to provide a payment plan for the authorities in Noida and Greater Noida.more
Commercial Property

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.

July 16, 2021

The top retailers and restaurant chains such as Reliance Retail, Madura Fashion & Lifestyle, Domino, Plum by Bent Chair, Mamagoto, Farzi Café, Lee, Wrangler & Cafe Warehouse, etc., insist on introduction of clauses in all new leases, which state that in the event of government-mandated closures of stores and business, they do not pay rent […]

In the event of a lockdown, retailers have stated that they will only pay rent in proportion to their actual business.more
Airport Plan

The Adani Group takes over the management of Mumbai International Airport from the GVK Group.

July 14, 2021

On July 13, Adani Group Chairman Gautam Adani announced that the Adani Group has taken over management of Mumbai International Airport from the GVK Group. Following a MIAL board meeting earlier on July 13, the Adani Airport Holdings Limited (AAHL) took over managerial control of MIAL from the GVK Group. Gautam Adani stated: “We are […]

The Adani Group takes over the management of Mumbai International Airport from the GVK Group.more

Realtors transform commercial projects into residential in the face of severe demand.

July 9, 2021

With the Covid-19 outbreak dampening commercial real estate demand, numerous realtors have transformed commercial projects into residential ones. So far this year, approximately 25 commercial projects have been converted to residential designs. Revised building designs for 20 commercial developments in Ahmedabad Municipal Corporation areas have been approved (AMC). Five more projects in Ahmedabad Urban Development […]

Realtors transform commercial projects into residential in the face of severe demand.more
Waiver on Stamp duty

Stamp duty exemptions for buyers in high-rise buildings have been extended until September 30.

July 7, 2021

Jaipur- In response to developer requests, the state government has decided to prolong the stamp duty exemption for three months, until September. Despite the fact that the Confederation of Real Estate Developers Associations of India (CREDAI) had written to the finance ministry requesting that the stamp duty exemption be extended until March 2022, the department […]

Stamp duty exemptions for buyers in high-rise buildings have been extended until September 30.more
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

Pricing index for housing launched to help homebuyers make informed purchase decisions.

June 1, 2021

On May 31, 2021, online real estate portal Housing.com and the global business school Indian School of Business (ISB) announced the launch of their Housing Pricing Index (HPI), which will assist potential homebuyers in determining the best time to buy a property and sellers in determining the best time to sell their assets. Homebuyers, investors, […]

Pricing index for housing launched to help homebuyers make informed purchase decisions.more