By Abhay Shah, Realty Quarter The Economic Offences Wing (EOW) has brought an action against the office bearers of a private company which has reportedly duped a sum amount of Rs 53 crore of more than 310 investors. One of these investors from Ghatkopar came to Parksite Police on July 11, for lodging a complaint […]
Investigation for Rs 53 crore scam for 310 investors is underway said EOW.more
By Abhay Shah, Realty Quarter The High Court of Bombay ordered developers, Fatesh Mirchandani and Shrenik Siroya, director of Siroya FM Constructions based in Goregaon, to deposit Rs 4.25 crore in 4 weeks and to divulge the assets of the company within 3 weeks. In association with the reinstatement of his investment of Rs 4.25 crore […]
Siroya FM Constructions are ordered to deposit Rs 4.25 crore within 4 weeks – Bombay High Court.more
DHFL is probably to complete a stake sale within two weeks as they clean up the asset-liability discrepancies with credit restructuring. The business that recorded a large drop in the fourth quarter would research proposals that could breathe new life after almost nine months of investor stress. In the next two weeks, the Board will meet to […]
DHFL is going to sell its stake in the next 2 weeks.more
By Abhay Shah, Realty Quarter It becomes difficult for a person to relocate to a new city in a rental flat. Apart from the rent price in a metropolitan city, there has been a situation where people can’t afford to pay for a rental deposit. People are getting an opportunity to make their career in […]
Get a security deposit loan for renting a flat.more
By Abhay Shah, Realty Quarter Owners of prime commercial property, who receive low rents from tenants, speak at the central government citing the proposal to abandon all existing rental agreements in the Draft Model Tenancy Act. “We issued a report denying the suggested lock, stock and barrel Model Tenancy Act quite rightly.” The foremost reason […]
Draft Tenancy Act brings a difference for Commercial property owners.more
By Abhay Shah, Realty Quarter Although consolidation has long been a constant occurrence, recent mergers, acquisitions and joint ventures are like never before underlining this trend. There have been a number of disruptions to the Indian housing industry in the last 2–3 years with revolutionary reform such as demonization, RERA, and the Goods and Services Tax […]
Scope of getting stalled projects completion rises as more developer is consolidating all there projects.more
Residential sales grew by 4% in H1 2019; Launches rise by 21%, nationallyResidential sales grew by 4% in H1 2019; Launches rise by 21%, national office space supply and transaction volume at an all-time high; Co-working spaces account for 15% of volume in H1 2019. Knight Frank India today launched the 11th edition of its […]
Spurt in demand for affordable housing pushes up overall residential salesmore
By Abhay Shah, Realty Quarter The home loan lender requests you to send your income tax documents, such as copies of your income tax returns (ITR), in relation to your basic KYC papers (such as your proof of address and identity) and estate records (such as the chain of documents and land title deeds). […]
Benefits of submitting an ITR for availing a Home loan.more
By Abhay Shah, Realty Quarter The Finance Minister has proposed a tax benefit of Rs.1.5 lakhs in regard of the home loan made for the purchase of an affordable house up to the value of Rs.45 lakhs subject to certain circumstances in order to give impetus to the ‘Housing for All’ mission by 2022. For […]
Union budget 2019 announces additional tax benefit of Rs 1.5 lakhs on Home loans.more
By Abhay Shah, Realty Quarter The property market doesn’t look like picking lost portions and the land still looks brittle. The Knight Frank India report shows that housing units sold (in Mumbai) have increased by 4% in the H1 2019 to 33,731 from 32,412 in the H1 2018 period, for the period January – June 2019, in eight […]
New projects growth declines from 220% to 20% – Mumbai.more