By Realty Quarter Bureau The government has started discussions, for the sale of Air India’s iconic building in Mumbai to the country’s biggest container port JNPT, as part of its efforts to raise funds for the cash-strapped national carrier, sources said. Official sources revealed that the proposal has received an in-principle approval from Prime Minister […]
Government plans to sell Air India’s iconic building to JNPTmore
By Realty Quarter Bureau A portion of wall collapsed this early morning at 4:45 am of a high rise building Llyods Estate in Wadala due to heavy rainfall caving almost 20 cars parked under it. The incident happened early morning where all the residents where in deep sleep but luckily there were human injuries. Brihan […]
Wall crashes of Mumbai high-rise complex Llyods Estate in Wadala due to heavy rainfallmore
By Realty Quarter Bureau The authority will certify trainers to train workers for the real estate industry. MahaRERA chief Gautam Chatterjee said the training will help the labour force deliver projects of better quality, which will eventually be graded. “Consumers can access the grades given to the projects on the MahaRERA website,” said Chatterjee. […]
MahaRERA will provide skilled work certificate for better quality of constructionmore
Gautam Chatterjee, the chairman of the Maharashtra Real Estate Regulatory Authority (MahaRERA), is all set make title insurance mandatory for registered developers. This comes after insurance companies expressing interest in providing title insurance for the real estate projects. Though the RERA had made land title insurance mandatory for developers, the state unit was not able to implement the clause right away […]
MahaRERA Chief Gautam Chatterjee set to make land title insurance mandatorymore
By Realty Quarter Bureau US private equity (PE) behemoth Blackstone Group Lp said it has raised $9.4 billion for two Asia-focused private equity funds, signaling the increasing focus of the global private equity industry on Asia. Blackstone closed its first Asia private equity fund at about $2.3 billion, while it separately raised $7.1 billion for […]
Blackstone Raises $9.4 Bn for Asia Realty and PE Fundsmore
By Realty Quarter Bureau Mumbai Board of Maharashtra Housing & Area Development Authority (MHADA) has announced it’s this year lottery in last week of June. Chief Officer of Mhada, Deependra Singh said, the process of lottery will begin shortly after the advertisements are out ending the citizens to get affordable homes. This year it has […]
MHADA lottery to begin by June last weekmore
By Realty Quarter Bureau In the second bi-monthly monetary policy for the current fiscal, the central bank revised upwards the retail inflation range to 4.8-4.9 % in the first half of 2018-19, and 4.7 % in the second half The Reserve Bank for the first time in four-and-half-years raised key interest rate today by 25 basis […]
RBI hikes interest rate by 25 basis pointsmore
By Realty Quarter Bureau State-owned Bank of Baroda on Tuesday raised benchmark lending rate by 5 basis points across tenure in line with other competitors. The decision to raise lending rate comes a day before the bi-monthly monetary policy announcement of the Reserve Bank of India indicating pressure on interest rate to move upward. Marginal cost […]
Bank of Baroda too raises lending rates by 5basis pointsmore
By Realty Quarter Bureau Days ahead of RBI’s monetary policy review, India’s three major banks SBI, PNB and ICICI Bank on Friday increased their benchmark lending rates or MCLR by up to 0.1 per cent, making loans costlier for consumers. The new rates are effective from today. India’s largest lender SBI has increased the lending rate by 10 basis points across all tenors […]
India’s 3 major banks SBI, PNB, ICICI Bank raised lending ratesmore
By Realty Quarter Bureau “The Tata-led consortium is the successful L1 bidder for the Worli BDD Chawls project. They quoted a rate of Rs 49,617 per sq m of construction area, while a consortium led by ACC India and the Lebanon-based Arabian Construction Company Holding Ltd quoted Rs 53,810 per sq m,” a senior Mhada official said. Also in […]
TATA group wins the BDD chawls re-development bidsmore
