By Abhay Harish Shah, Realty Quarter Embassy real estate development acquired an approximately 14% stake in Indiabulls real estate on Friday from its promoter via a bulk stock deal. The contract is composed of the three-phase transaction in which an alliance of Blackstone Group-Embassy will acquire the 39.5% shareholding of Rs.2,700 crore by Indiabulls Group […]
Indiabulls sells its 14% stake to Embassy.more
By Abhay Harish Shah, Realty Quarter Housing Finance companies (HFCs) are companies which are licensed to provide house loans under the NHB’s rules by the National Housing Board (NHB). On the other side, The Reserve Bank of India (RBI) regulates banks. New house buyers are often in a difficult situation to decide whether to apply for […]
Should you apply for a loan from an HFC or a bank? – Explained.more
By Abhay Harish Shah, Realty Quarter For the third time this year, the real estate sector has welcomed RBI’s decision to lower interest rates by 25 basis points. It is expected to lead to a decrease in home loan EMIs and increase affordability for homebuyers. The main challenge, however, is for RBI to ensure that the […]
The RBI rate reduction will enhance the affordability of home purchasers – Latest Updatemore
By Abhay Harish Shah, Realty Quarter On 4th June Maharashtra cabinet finalized of not charging any single amount as stamp duty for contracts which is related to the construction of the upcoming International Airport near Navi Mumbai. The new airport is being developed by the CIDCO government agency. The job at the airport involves minerals excavation. […]
Government to waive stamp duty for Navi Mumbai International Airport contracts.more
By Abhay Harish Shah, Realty Quarter On Tuesday the Dewan Housing Finance Ltd (DHFL) was supposed to pay the outstanding bonds but, the deadline is passed and the payment is still on due. DHFL has got 7 days grace period later. The company is in discussion with financiers who can help to meet its Rs.1,000 […]
DHFL got 7 days grace period, after failing Rs.1,000 crore plus obligation deadline.more
By Abhay Harish Shah, Realty Quarter The real estate development arm of Piramal Group (Piramal Realty) has successfully launched a unique concept at Piramal Mahalaxmi in South Mumbai called as ‘Back to Nature – Space to Grow’. This idea is central to the dedication of Piramal Realty to Biophilia, a design philosophy that seamlessly […]
Piramal Group combines luxury and modern life with its newly launched “Back to Nature – Space to Grow” project.more
By Abhay Harish Shah, Realty Quarter The real estate market has become competitive, and sectors which were underdeveloped is taking a pace for its growth in infrastructure, also the prices are comparatively less, than the developed city. Because of the above-given factors, real estate investors are opting for tier-2 and tier-3 cities in India. […]
Real Estate Investors are choosing Tier 2 & Tier 3 cities over Tier 1.more
By Abhay Harish Shah, Realty Quarter The housing market has shown a 13% rise in sales in 7 major cities during January-March 2019. This leads to confidence among real estate and a sign of recovery for the real estate market. In seven towns, namely Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Pune, the year-round housing […]
Housing sales have shown a rise in seven major cities – First Quarter Report.more
By Abhay Harish Shah, Realty Quarter According to the survey conducted by Magicbricks, there will be more than 2/3rd of the complaint by home-buyers against the developer with a real estate regulator under the new RERA Act for any delay in possession of their apartment. RERA rules have already been notified by 22 States and […]
More than 70% of home buyers wish to lodge a complaint under RERA Act for possession delays, says the survey.more
By Abhay Harish Shah, Realty Quarter The Indian Startup ecosystem in the previous decade has experienced a tectonic change. The amount of start-ups has increased seven times from approximately 7000 in 2008 to approximately 50,000 by the end of 2018. Honourable Maharashtra Chief Minister Devendra Fadnavis, TiE Mumbaí and KPMG-India have recently published two research […]
Maharashtra is likely to be the Future Startup Capital of India.more
