Tag: #Maharashtra

Home Loan

Anarock Report: Housing sales may increase 5-7% this festive season.

September 6, 2019

By Abhay Shah, Realty Quarter The slew of measures taken by the Modi government to boost housing demand is expected to increase housing sales in the festive season by 5-7%, Anarock Research said in a report. Freebies to attract customers this festive season beginning with Ganesh Chaturthi range from plain vanilla cost cuts, money-saving opportunities […]

Anarock Report: Housing sales may increase 5-7% this festive season.more
Aarey colony forest

Update on Aarey Colony: Bombay High Court gave 5 days to BMC to reply about Tree Authority decision.

September 5, 2019

By Abhay Shah, Realty Quarter On Wednesday, the Bombay High Court granted the BMC five days to respond to a petition lodged against the decision of the Tree Authority to remove 2,646 trees for the Metro III car-shed from Aarey Colony. The court did not give a stay as the BMC acknowledged that there was […]

Update on Aarey Colony: Bombay High Court gave 5 days to BMC to reply about Tree Authority decision.more
Indiabulls

Indiabulls Housing Finance to sell its South Mumbai’s property for Rs 121 crore.

September 4, 2019

By Abhay Shah, Realty Quarter  Indiabulls Housing Finance has placed a top two-storey bungalow property on the block to recover its dues from owner Phulchand Exports in South Mumbai’s plush Cuffe Parade area. The bungalow’s reserve price is laid at Rs 121 crore, with 12,100 sq ft build-up area, and the company dues and loan […]

Indiabulls Housing Finance to sell its South Mumbai’s property for Rs 121 crore.more
Co-working Space

Flexible workplace operators will hit a record, expected to account 18-20% of total gross leasing of office space.

September 3, 2019

By Abhay Shah, Realty Quarter According to estate consultant Colliers, the flexible segment of the workplace, which is increasing rapidly in India, may see a significant expansion from next year as big companies will aim to obtain smaller ones for inorganic growth. Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai and Pune markets are expected to reach […]

Flexible workplace operators will hit a record, expected to account 18-20% of total gross leasing of office space.more
Pune Municipal Corporation PMC

PMC decided to increase illegal building demolition charges by 5 times.

September 2, 2019

By Abhay Shah, Realty Quarter The civic body has decided to increase by five times the demolition charges recovered from owners of illegal buildings. Previously, the charges for demolishing an illegal construction of about 1,000 sqft were Rs20,000. The amended charges will be around Rs1 lakh. Pune Municipal Corporation (PMC) officials said the demolition work in […]

PMC decided to increase illegal building demolition charges by 5 times.more
Aarey colony forest

BMC Tree Authority approves chopping of 2,700 trees for metro construction in Aarey Colony.

August 31, 2019

By Abhay Shah, Realty Quarter On August 29, 2019, the Brihanmumbai Municipal Corporation’s Tree Authority (BMC) gave its approval to chop more than 2,700 trees for a metro car-shed in Mumbai’s leafy Aarey Colony region. At the meeting of the Authority, chaired by municipal commissioner Praveen Pardeshi, the proposal was cleared, although members of the Shiv […]

BMC Tree Authority approves chopping of 2,700 trees for metro construction in Aarey Colony.more
Investment

Government refines the laws on Foreign Direct Investment for the real estate industry.

By Abhay Shah, Realty Quarter Overseas investment regulations in construction were eased by the government to bring money to the fund-starved industry and serve its twin goals of creating faster jobs and homes for all. A comprehensive proposition by the Department of Industrial Policy & Promotion (DIPP) was endorsed by the Union Cabinet on Wednesday, […]

Government refines the laws on Foreign Direct Investment for the real estate industry.more