Category: Housing Socieites

Buying property in Abroad

Mumbai witnesses 10-year high property registrations in July 2021

August 13, 2021

Mumbai recorded property sales of 9037 units in July 2021 compared to 7857 units registered in June 2021, indicating a month-on-month growth of 15 percent. The registrations in July 2021 are also a 10-year high recording the highest sales numbers since July 2012. The property registrations data showed that 53 per cent of registrations in […]

Mumbai witnesses 10-year high property registrations in July 2021more
MahaRERA

MahaRERA offers builders a six-month extension to complete projects.

August 10, 2021

On August 6, the Maharashtra Real Estate Regulatory Authority granted builders a six-month extension to complete projects by approving their request to invoke the ‘force majeure’ clause due to the second wave. This is the second time the authority has provided such a relief to the state’s builders during the pandemic. “All MahaRERA registered projects […]

MahaRERA offers builders a six-month extension to complete projects.more
Property Registration

The Delhi Revenue Department has issued instructions for property documentation for sub-registrars.

August 4, 2021

The Delhi government’s Revenue Department has published rules for sub-registrars on property documentation in order to provide effective and efficient registration services to the public. According to Divisional Commissioner Sanjiv Khirwar’s recommendations released last week, all sub-registrars must ensure strict compliance with the requirements of the Registration Act, 1908, and the Indian Stamp Act, 1899, […]

The Delhi Revenue Department has issued instructions for property documentation for sub-registrars.more
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
RERA

Over 70 real estate complaints got disposed of by UP-RERA in its first National Lok Adalat.

July 13, 2021

On July 10, the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) disposed of approximately 80 cases under the auspices of the Uttar Pradesh State Legal Services Authority in the first National Lok Adalat. A sum of 91 cases was held for hearing at the Lok Adalat, with 79 of them got disposed of. UP-RERA Legal […]

Over 70 real estate complaints got disposed of by UP-RERA in its first National Lok Adalat.more
SRA (Slum Rehabilation Authority)

Mhada will reconstruct Patra Chawl in Mumbai, and tenants would receive rent arrears as well.

July 12, 2021

The Maharashtra Housing Area Development Authority (Mhada) is set to legally take over the reconstruction of Goregaon West’s Siddharth Nagar (Patra) chawl. The state housing department issued a government resolution (GR) ordering Mhada to finish the halted redevelopment and deliver over dwellings to the 672 tenants and 306 residents who had won allotments under the […]

Mhada will reconstruct Patra Chawl in Mumbai, and tenants would receive rent arrears as well.more

Codename Now or Never at Mira Road at an unbelievable price of ₹49.99 Lacs* for 1 Bed Homes.

July 10, 2021

JP North – Mira Road, By JP Infra JP Infra launches Codename Now or Never at Mira Road at an unbelievable price of ₹49.99 Lacs* for 1 Bed Homes. ✅ This is your last chance to book a great deal. Don’t miss this opportunity! ✅ Recreational Amenities – Gym, Open to Sky & Indoor Swimming […]

Codename Now or Never at Mira Road at an unbelievable price of ₹49.99 Lacs* for 1 Bed Homes.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