By Abhay Harish Shah , Realty Quarter Raymond is an enhanced gathering with greater part business premiums in Textile and Apparel segments as well as presence across diverse segments such as FMCG, Engineering and Prophylactics in national and global markets. Having appreciated the support of over a billion customers, Raymond as a brand has been […]
Raymond has opted to come into Real-estate development business.more
By Abhay Harish Shah , Realty Quarter There is positive thinking that the advancement of the metro rail in Mumbai, will realize a change and lift the land division. “Builders’ enthusiasm for projects close to the metro courses, has been expanding and there is an upward weight on costs”. The small scale showcases that […]
Mumbai Metro Line 3 to be completed by 2021.more
By Abhay Harish Shah , Realty Quarter Outlaw Businessman Mehul Choksi, one of the primary denounced Punjab National Bank (PNB) trick worth Rs.13,000 crore, has moved a request before the Prevention of Money Laundering Act (PMLA) court. Choksi looked for the retraction of the non-bailable warrant which had been issued against him on 22nd May […]
Mehul Choksi heart illness, inability to return to India.more
By Abhay Harish Shah , Realty Quarter Real Estate Investment Trust (REIT), helps an investor to invest in real estate which is been already approved by the Security and Exchange Board of India (SEBI). Most REIT companies, trade on stock exchanges and they provide many benefits to their investor. REIT received a positive response in […]
Embassy office REIT received success in its IPO.more
By Abhay Harish Shah , Realty Quarter Investors plan to secure their future by purchasing a property but, Builders/Developers make the false promise and take out the money from the client. A similar case happened with an event management firm located near Marine Driver. Two directors of a construction firm got arrested because of duping […]
Directors of Zenal Construction got arrested for not delivering the flat.more
By Abhay Harish Shah , Realty Quarter A formal case of 2016 of Parsvnath Developers has been upheld by Delhi High Court. In 2010, Parsvnath purchased the land through an auction near Sarai Rohilla-Kishanganj and an agreement between RLDA and PRLPPL was passed in 2013. It is said that the company has paid Rs. 1,150 […]
Parsvnath Developers terminated project of Rs.1,034cr.more
By Abhay Harish Shah , Realty Quarter The problem of delaying the unfinished projects is quite annoying and stressful for the residing people. Recently, In an ongoing gathering with agents of the Indian Banks Association (IBA), real-estate developers examined different issues […]
IBA and CREDAI join up to solve unfinished project.more
By Abhay Harish Shah , Realty Quarter As towns are getting populated and it makes living so congested the state government has planned to reduce basic Floor Space Index also known as FSI by 50%. This rule is majorly for commercial, mixed-use and industrial plots in unified development control regulations (DCR). They say that FSI […]
Maharashtra cuts 50% FSI for commercial or mixed used plotsmore
By Abhay Harish Shah , Realty Quarter The basic term for any investment need was LIC, Mutual Fund, Gold and Real-estate. Gone are the days when a large number of people were investing in real-estate. Due to a static market, people don’t tend to invest in real-estate as much, as it used to be previously. […]
Real Estate Investment Trust (REIT) and its Advantages.more
By Abhay Harish Shah , Realty Quarter Again a new problem arose for the real estate people. A developer redevelops a society and delivers the apartment to its original owners for free of cost. The tax department wants to impose service tax on those projects which have been redeveloped and delivered. The Indirect tax department […]
Service Tax charged on Redeveloped projects done by Developersmore
