By Abhay Harish Shah, Realty Quarter In the recent Edition of LED Expo Mumbai 2019, the LED industry in India concentrates mostly on solar and smart lighting. With 295 exhibitors, the 20th edition of the fair saw a 21% growth, attracting 10,221 business visitors, a 6% increase from previous visits. Messe Frankfurt Asia Holding, executive […]
LED Expo Mumbai 2019 shows tremendous demand for Solar and Smart Lighting.more
By Abhay Harish Shah, Realty Quarter In a statement on 21st May 2019, the Reserve Bank of India (RBI) board decided to set up a specialist overseeing and regulatory framework for the RBI with the aim of strengthening the supervision and regulation of commercial banks, urban cooperative banks and non-banking financial companies, the central bank […]
RBI will establish a specialized framework for bank and NBFC regulation.more
By Abhay Harish Shah, Realty Quarter There are so many rules and regulations which helps an individual with buying a flat or an apartment. But what if you want to purchase a plot? Buying a plot can be risky at some time, as an individual might not have current knowledge about the past owners of […]
Planning to a buy a plot? Then you need to know about satbara utara 7/12 extract.more
By Abhay Harish Shah, Realty Quarter Thakur Village, Kandivali, residents of an elegant building alleged the builder had forcefully seized the parking slots despite a civil court’s residency order to use/sell the disputed parking spaces. They even complained to the police of Samata Nagar that Raheja Universal Private Limited was acting in disregard of the court since […]
Residents of Thakur Village complained against Raheja Universal for forcefully taking over car parking area – Mumbai.more
By Abhay Harish Shah, Realty Quarter Because of problems relating to the inclusion of 45 acres of railway land in the project, The State government plans to discard the bidding process for the Dharavi redevelopment project. The offers for the redevelopment of the Dharavi Slum were opened on February 18, spread across 600 acres of Mumbai and […]
Dharavi Redevelopment Project bidding process might be scrapped says Maharashtra Government.more
By Abhay Harish Shah , Realty Quarter The centre stated that in its revised notification on the environmental impact assessment (EIA), construction in areas between 20,000 and 50,000sq.mt would no longer require environmental clearance by the government. The recently issued notice of the Ministry of the Environment indicates that, on the base of amendments and experience in […]
No environmental clearance required for construction on the surface of 20,000-50,000 sq.mt – Environment Ministry’s says.more
By Abhay Harish Shah , Realty Quarter Occupancy Certificate is a significant report which shows that the structure was built in accordance with acceptable plans and local legislation. After ensuring that all local regulations are complied with, the local municipal company issues this paper. The builder shall receive the certificate of occupancy. Many financial institutions […]
Bombay High Court Declares Builder cannot delay transfer of society after OC is given.more
By Abhay Harish Shah , Realty Quarter The new rules for real estate have made relief for all home buyers. There are so many acts, norms, rules & regulation which support the hard earned money of a buyer. A similar case happened in Gurugram in which NCDRC ordered Unitech Limited to refund Rs 1.7crores to […]
NCDRC ordered Unitech Limited to Refund Rs 1.7crores to a home-buyer.more
By Abhay Harish Shah , Realty Quarter Piramal Realty, led by Anand Piramal Realty, saw the improvement of housing needs almost four times as high as Rs 3,400crore during 2018-19. In the past fiscal year, Piramal Realty sold nearly 1,000 apartments with more than half of total sales in South Mumbai. In 2017-18, the company […]
Piramal Realty gained 4 times sales booking with Rs 3,400cr in FY’19.more
By Abhay Harish Shah , Realty Quarter The National Consumer Disputes Redressal Commission (NCDRC) is now supporting homebuyers who have been struggling to take possession of their homes for years. The customer committee at Apex has established a one-year deadline for stalled real estate projects after which home buyers can request a refund from the developer if the […]
Home buyers can claim refund along with 10% interest in case of flat gets delayed beyond 1 year – NCDRC Rule.more
