Category: Property Updates

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Ashiana Housing opens up conversation on a wholesome upbringing

January 29, 2020

National, January 28, 2020 – Ashiana Housing, one of the pioneers in developing concept homes in India, has launched a new campaign to promote its three kid centric projects which are part of their ‘India’s First Kid Centric Homes’ offering. The campaign, conceptualised and executed by Dentsu India, includes three films and various digital assets. […]

Ashiana Housing opens up conversation on a wholesome upbringingmore
MMRDA

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

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
Maharashtra RERA Rules in Place to Protect Homebuyers from May 1

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

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
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
Bombay High Court Image

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
Property investments in India

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
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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

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