Trending now

Tag: #Mumbai

Zara Logo

Spanish Fashion retailer ZARA is looking to reduce mall rentals and update revenue-sharing terms.

October 8, 2019

A decade after the widely publicized entry into India, Spanish clothing retailer Zara has asked few malls to renegotiate rental terms where they have been running stores for years, this includes a decrease profit-sharing deals and either lower or complete waiver, on charges paid to the landlords by the tenants for common area maintenance (CAM). […]

Spanish Fashion retailer ZARA is looking to reduce mall rentals and update revenue-sharing terms.more
Aarey-Colony

A small win to the environmental activists as Supreme Court orders for no more cutting-down trees in Aarey Colony.

October 7, 2019

By Abhay Shah On Monday, the Supreme Court stopped authorities from cutting more trees in Mumbai’s Aarey which is good news for environmental activists. A special bench consisting of justices Arun Mishra and Ashok Bhushan notified that they would have to review all the issue and bring it before the forest bench for hearing on 21 October. […]

A small win to the environmental activists as Supreme Court orders for no more cutting-down trees in Aarey Colony.more
RBI's Repo Rate

RBI’s fifth Repo Rate Cut may increase the real estate sales in this last quarter of the year.

October 4, 2019

By Abhay Shah The fifth consecutive rate cut this year by the Reserve Bank of India is in line with expectations and could probably help boost consumers’ feelings in advance of the festive season, a significant quarter for the selling of real estate. Nevertheless, real estate experts said it was not enough to help flagging […]

RBI’s fifth Repo Rate Cut may increase the real estate sales in this last quarter of the year.more
real estate investment trust (REIT)

Commercial Real Estate Developer can raise Rs.1.5 lakh crore through the REIT method – CRISIL Report.

By Abhay Shah According to a report, almost 10 developers and operators of commercial real estate have the potential to raise Rs 1.5 lakh crore by monetising 184 million sq ft of space through the real estate investment trust (REIT) route. The rating agency Crisil estimates that these assets account for around 30% of Grade […]

Commercial Real Estate Developer can raise Rs.1.5 lakh crore through the REIT method – CRISIL Report.more
Insolvency

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).

October 1, 2019

The National Company Law Tribunal has launched a case against renowned Mumbai developer Lokhandwala Infrastructure Private Limited for insolvency settlement and has asked operational creditors, financial creditors, home buyers and employees to give proof in their claims by October 3. Proclamation issued by Ajit Kumar, the NCLT-appointed Insolvency Resolution Professional, said NCLT’s Mumbai Bench ordered the […]

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).more
Insolvency

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).

By Abhay Shah, Realty Quarter The National Company Law Tribunal has launched a case against renowned Mumbai developer Lokhandwala Infrastructure Private Limited for insolvency settlement and has asked operational creditors, financial creditors, home buyers and employees to give proof in their claims by October 3. Proclamation issued by Ajit Kumar, the NCLT-appointed Insolvency Resolution Professional, said […]

Lokhandwala Infrastructure Private Limited, the second-biggest developer goes insolvent under the provisions of the Insolvency and Bankruptcy Code (IBC).more
Housing Societies

Housing Societies funds got blocked due to the PMC bank crisis.

September 26, 2019

By Abhay Shah, Realty Quarter A number of housing societies whose funds are held in the PMC bank are confronted with a payment crisis along with the individual small depositors. Several household companies with funds held at the PMC Bank are facing a payment crisis, as well as individual small depositors. Management committees are distressed […]

Housing Societies funds got blocked due to the PMC bank crisis.more
PMAY-Urban-Yojna

Government seeks to build a dedicated unit for monitoring Pradhan Mantri Awas Yojana.

By Abhay Shah, Realty Quarter According to the sources, the Ministry for Housing and Urban Affairs plans to set up a specific unit to monitor the execution of the Pradhan Mantri Awas Yojana (Urban) under the Housing for All flagships by 2022. The Program Management Department (PMU) will provide targeted support for PMAY (U), according […]

Government seeks to build a dedicated unit for monitoring Pradhan Mantri Awas Yojana.more


Navratri Event

Sign Up for our Free Newsletter

Enter your email address: