Category: Realty_Quarter

Bombay HC will hear environmental experts on cutting mangroves for Bullet Train project.

June 14, 2019

By Abhay Harish Shah, Realty Quarter On June 12 Bombay High Court stated that before finalising on a plea seeking hacking of mangroves to pave way for the Mumbai-Ahmedabad bullet train project, it needs to understand environmental expert’s point of view. A request by the National National High Speed Rail Corporation Ltd (NHSRCL) for authority to […]

Bombay HC will hear environmental experts on cutting mangroves for Bullet Train project.more

Maharashtra Government is considering the feasibility of a proposal for affordable housing development on a salt pan land.

By Abhay Harish Shah, Realty Quarter A statement by the Revenue and Forest Department said that the Maharashtra state has adopted the first step toward the development of affordable housing on a salt pan land and plans for revising a proposal within 60days which is offered by the property development company. The chosen salt pan land is situated […]

Maharashtra Government is considering the feasibility of a proposal for affordable housing development on a salt pan land.more

Unsold Stock of Luxury Apartment has gone down by 12% since last year.

June 13, 2019

By Abhay Harish Shah, Realty Quarter According to property consultant Anarock, stable rates created luxury homes more appealing, with unsold homes priced between Rs.1.5-2.5 crore has gone done by 12% in the past year. Indian residential property in recent years has slowed down, shunning luxury homes and considering further investments in or out of the real […]

Unsold Stock of Luxury Apartment has gone down by 12% since last year.more

How Government reforms can Up-lift the Real Estate Industry?

By Abhay Harish Shah, Realty Quarter With the 2019 general elections, which give Narendra Modi a definite mandate for a second time as Prime Minister, the real estate industry is optimistic because it means a continuation in policies. In the last three to four years, the state has taken several significant policy choices and business […]

How Government reforms can Up-lift the Real Estate Industry?more

Top 5 areas in Pune for Investment.

June 12, 2019

By Abhay Harish Shah, Realty Quarter A large number of investors are investing in Pune due to its increase in infrastructure, Urban Lifestyle, and Pleasant climate. It is considered to be the perfect mix of an urban lifestyle and a peaceful atmosphere it offers. If you are looking to buy a house in this […]

Top 5 areas in Pune for Investment.more

Apartment price likely to rise by Rs.200 per square foot – Maharashtra Government.

By Abhay Harish Shah, Realty Quarter With the Confederation of Real Estate Developers Association of India (Credai), Maharashtra Government decided to pass the burden of input tax credit to purchasers, which will affect to increase apartment prices by Rs.200 per square foot. The annual general meeting of the developer’s board in Kolhapur took a decision […]

Apartment price likely to rise by Rs.200 per square foot – Maharashtra Government.more

Jaypee Infratech Home buyers are planning to end EMIs.

June 11, 2019

By Abhay Harish Shah, Realty Quarter No signs of the public sector enterprise can be seen getting through, even after the process of voting on the NBCC’s bid for Jaypee Infratech (JIL) has been completed on Monday. According to the sources, homebuyers have planned to stop paying the current EMIs (equated monthly installment) because many […]

Jaypee Infratech Home buyers are planning to end EMIs.more

Homebuyer’s files petition against Harshmaan Construction at Bombay High Court.

By Abhay Harish Shah, Realty Quarter Two house buyers, who have been denied by the Maharashtra Real Estate Regulatory Authority for their complaint regarding violations of the development agreement of the Vile Parle project in Bombay, have now moved an arbitration petition to the High Court and sought damages from the developer of Rs. 1.62 […]

Homebuyer’s files petition against Harshmaan Construction at Bombay High Court.more

The state government approves reduction on stamp duty for the BIT Chawls redevelopment.

By Abhay Harish Shah, Realty Quarter The state government has drastically slashed construction stamping charges, especially in the island town between Colaba and Byculla, for builders who redevelop municipal tenanted properties. However, the bonanza is not for the free-sale element but for the rehab part of the project. The aim of this sop is to […]

The state government approves reduction on stamp duty for the BIT Chawls redevelopment.more

MahaRERA declares – Developers are not allowed to transfer their majority stakes without written approval from the authority.

By Abhay Harish Shah, Realty Quarter The Maharashtra Real Estate Regulatory Authority (MahaRERA) makes the declaration that while transferring or allotting promoters rights and liabilities to a third-party the real estate developers has to disclose any financial creditors charge on their projects. The regulator’s direction assumes importance, upon growing instances of joint development contracts or […]

MahaRERA declares – Developers are not allowed to transfer their majority stakes without written approval from the authority.more

Category: Realty_Quarter

Sign Up for our Free Newsletter