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Category: REAL ESTATE NEWS

Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli.

May 20, 2024

Dateline: Mumbai: Godrej & Boyce, the owner-developer, and Godrej Properties, the development manager, announced that the two companies will continue their Memorandums of Understanding executed from time to time, for development of land in Vikhroli owned by Godrej & Boyce, as and when Godrej & Boyce is desirous of developing the said land. Godrej Construction, […]

Godrej & Boyce and Godrej Properties to continue their association for land development in Vikhroli.more
Investment

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.

Max Estates to use proceeds for expanding in the high growth residential market for fuelling residential growth 01st May 2024, New Delhi: Max Estates Limited, the real estate arm of the Max Group, today announced a strategic investment of INR 388 Crore from New York Life Insurance Company, America’s largest mutual life insurer[1]. Upon the transaction’s close, New […]

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.more

The government wants to make brokers and builders accountable for unsolicited calls.

May 15, 2024

NEW DELHI: The government wants to hold brokers, banks, insurance providers, real estate developers, and other businesses accountable for contacting people using numbers that aren’t registered with the Telecom Regulatory Authority of India (Trai). This includes holding agencies that make “pesky calls” on their behalf. With their poorly implemented programs like the now-defunct “do not […]

The government wants to make brokers and builders accountable for unsolicited calls.more
MAHA RERA

MahaRERA suggests that builders self-declare the quality of their projects.

May 14, 2024

MUMBAI: Real estate developers are expected to submit an annual self-declaration of the quality assurance of their projects to the Maharashtra Real Estate Regulatory Authority (MahaRERA). This self-declaration will be based on a number of factors, including structural design, stability, testing, input material quality, workmanship quality, and other important considerations. The action is intended to […]

MahaRERA suggests that builders self-declare the quality of their projects.more

Grand Success of Realty Quarter 7th Anniversary of Real Estate & Construction Industry Leadership Awards 2024

May 9, 2024

Mumbai, India – Realty Quarter, a leading Real Estate and Construction Industry Media Platform, successfully celebrated its 7th anniversary of Real Estate & Construction Industry Leadership Awards 2024. The event was held on 4th May 2024 at The Club, Courtyard II, Andheri (West), Mumbai. The event was organized and marketed by Realty Quarter in association […]

Grand Success of Realty Quarter 7th Anniversary of Real Estate & Construction Industry Leadership Awards 2024more
Home loan

Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstate

May 8, 2024

NEW DELHI: According to RBI data on “Sectoral Deployment of Bank Credit,” credit outstanding to the housing industry increased by around Rs 10 lakh crore over the previous two fiscal years to reach a record Rs 27.23 lakh crore in March of this year. This increase in outstanding home credit was ascribed by real estate […]

Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstatemore

The Rise of Farmhouse Communities in India: A Paradigm Shift in Luxury Real Estate

May 6, 2024

Mr. Vijay Chaudhary, Chairman of Ram Rattan Group and Dalmia Ram Rattan In recent years, there has been a noticeable surge in the popularity of farmhouses among the Indian populace. This trend reflects a growing desire among people to retreat from the hustle and bustle of urban life and embrace a more serene, luxurious lifestyle […]

The Rise of Farmhouse Communities in India: A Paradigm Shift in Luxury Real Estatemore
Delhi High Court

No PMLA property attachment following a planned offense conviction: Delhi High Court

May 3, 2024

The Delhi High Court has ruled that, even in cases where an appeal against the accused’s acquittal in the predicate offence is still pending, no actions taken under the Prevention of Money Laundering Act (PMLA), including the attachment of properties, may proceed after the accused is found not guilty. In a ruling made public on […]

No PMLA property attachment following a planned offense conviction: Delhi High Courtmore


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