Tag: #Mumbai

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
Real Estate Market

How Real Estate Market in India is Evolving?

By Abhay Shah, Realty Quarter The real estate industry is one of the world’s leading sectors. The property sector comprises four sub-sectors-housing, retail, hospitality and commercial. Increased business environment and demand for office space and urban and semi-urban accommodations are well complemented by the growth of this sector. In terms of the direct, indirect and induced effects in all […]

How Real Estate Market in India is Evolving?more
Home Loan

Government is trying to revive the housing sector by providing guarantees on Home Loans.

September 13, 2019

By Abhay Shah, Realty Quarter A senior finance ministry official said the government is proposing a fund that will provide guarantees to those who would otherwise not be entitled to a housing loan, enabling them to borrow funds to purchase a house. As part of a plan being formulated by the government to assist the housing […]

Government is trying to revive the housing sector by providing guarantees on Home Loans.more
Imposed Penalty

Godrej Properties promotes its project without registration, receives a fine of Rs.30 lakhs from MahaRERA.

September 12, 2019

By Abhay Shah, Realty Quarter The Maharashtra Real Estate Regulatory Authority (MahaRERA) enforced on Godrej Properties a penalty of Rs 30 lakh for placing 30 hoardings of their new project in Thane without first registering it. After complainant Aditya Bothra brought the discrepancy to its notice, the authority called up Godrej Properties for a hearing. […]

Godrej Properties promotes its project without registration, receives a fine of Rs.30 lakhs from MahaRERA.more
Luxurious House

NCDRC ruled, Promises done in brochures need to be accomplished by Builders.

By Abhay Shah, Realty Quarter Recently, the National Consumer Disputes Redressal Commission (NCDRC) ruled that a developer is bound to fulfill not only the promises made in flat buyers’ agreements but also the amenities mentioned in their promotional material. On this basis, the commission increased the compensation granted by the district forum to Rs 3 […]

NCDRC ruled, Promises done in brochures need to be accomplished by Builders.more
Dream house

Want to buy a House? Here is the complete guide and checklist for buying a House.

September 11, 2019

By Abhay Shah, Realty Quarter It’s not the simplest task to buy an ideal house. Some may wait for the perfect deal to come up while others may even spend a lifetime waiting to build or purchase the right home, but it may never happen. It’s certainly one of the greatest purchases in your lifetime, so you’d […]

Want to buy a House? Here is the complete guide and checklist for buying a House.more
REIT

Blackstone group and K Raheja Corp are set to make its commercial portfolio public through the listing of a REIT.

September 10, 2019

By Abhay Shah, Realty Quarter American private equity major Blackstone Group along with K Raheja Corp builder are expected to pull their jointly owned 20 million sq ft commercial portfolio to the public by March, by listing of Real Estate Investment Trust (REIT), said two individuals with direct knowledge of the development. It’s the second […]

Blackstone group and K Raheja Corp are set to make its commercial portfolio public through the listing of a REIT.more