Tag: #Maharashtra

Property Tax

BMC has not yet dispatched Property bills with ‘Waiver’ which was announced 5 months ago.

September 19, 2019

By Abhay Shah, Realty Quarter It has been more than five months since the announcement of a new property tax bill spanning 500 sq ft or less from the Brihanmumbai Municipal Corporation (BMC) has been done, meanwhile, this has not yet happened by the municipal authority. The press release announcing the delivery of the proposal […]

BMC has not yet dispatched Property bills with ‘Waiver’ which was announced 5 months ago.more

The Government of Maharashtra ends its ownership of ULC surplus lands.

September 18, 2019

By Abhay Shah, Realty Quarter Under the Urban Land Ceiling (ULC) Act, the state government has ended its ownership of land defined as excess. This will be a significant relief for landowners, plots and tenements that have come on these surplus lands. On 16 September the State Department of Urban Development issued a notice to the collectors and […]

The Government of Maharashtra ends its ownership of ULC surplus lands.more
Property for Sale.

Want to sell property along with your pending Home Loan? Here is everything you can find to sell a property with an ongoing home loan.

By Abhay Shah, Realty Quarter As the property market is reckless, selling a residential apartment can be difficult. But certain factors like location, apartment design, and public transport can influence people to buy a property. This all factors are generally considered by a buyer, but the only factor which can ruin the deal is the […]

Want to sell property along with your pending Home Loan? Here is everything you can find to sell a property with an ongoing home loan.more
Knight Frank

Mumbai ranked 5th in Co-living’s likelihood of success across Asia-Pacific cities: Knight Frank Report

Job opportunities in the financial sector and low housing affordability are major driving factors for Job opportunities in the financial sector and low housing affordability are major driving factors for the growth opportunity in the co-living sector in Mumbai. Mumbai, 9th September 2019: Knight Frank India, the leading international property consultancy,Mumbai, 9th September 2019: Knight […]

Mumbai ranked 5th in Co-living’s likelihood of success across Asia-Pacific cities: Knight Frank Reportmore
PMO

Homebuyers’ body urged PMO to place RERA officials under CVC.

September 17, 2019

By Abhay Shah, Realty Quarter Homebuyers’ body FPCE prompted the Prime Minister’s Office to bring representatives to the Central Vigilance Commission implementing the provisions of the Real Estate (Regulation & Development) Act. The Forum for People’s Collective Efforts (FPCE) has also suggested in its letter to the PMO that all contracts adopted under RERA be audited by the […]

Homebuyers’ body urged PMO to place RERA officials under CVC.more
Apartment

Real Estate Developers are looking to reduce apartment sizes in order to provide the cheapest possible price.

By Abhay Shah, Realty Quarter Realities in the marketplace, the continuing liquidity crisis, shifting customer preferences and increasing affordability issues, forced property developers to reconsider their product policies and led them to decrease housing sizes considerably on seven important property markets. Average apartment size dropped from 1,400 sq ft in 2014 to almost 1,020 sq ft in […]

Real Estate Developers are looking to reduce apartment sizes in order to provide the cheapest possible price.more
REIT

Embassy REIT’s gives hope to realtors, as it received 35% appreciation in just 6 months.

September 16, 2019

By Abhay Shah, Realty Quarter India’s first real estate investment trust (Reit), Embassy Office Parks Reit, has been able to generate hope for real estate developers seeking to increase funding in the wake of the ongoing liquidity crisis with price growth of almost 35% in the previous six months since its opening in April. Several commercial real […]

Embassy REIT’s gives hope to realtors, as it received 35% appreciation in just 6 months.more
Nirmala Sitharaman

Rs. 10,000 crore stressed fund has been announced by FM Nirmala Sitharaman to complete the stalled projects.

By Abhay Shah, Realty Quarter Finance Minister Nirmala Sitharaman announced Rs 10,000 crore special window to support for last-mile funding of non-NPA and non-NCLT housing projects on September 14. Incompleted projects of almost 3.5 lakh units throughout the nation will be relieved. The FM said at the fourth such conference since mid-August it announced initiatives to […]

Rs. 10,000 crore stressed fund has been announced by FM Nirmala Sitharaman to complete the stalled projects.more