Tag: #real estate

Buying property in Abroad

Unsold Stock of Luxury Apartment has gone down by 12% since last year.

June 13, 2019

By Abhay Harish Shah, Realty Quarter According to property consultant Anarock, stable rates created luxury homes more appealing, with unsold homes priced between Rs.1.5-2.5 crore has gone done by 12% in the past year. Indian residential property in recent years has slowed down, shunning luxury homes and considering further investments in or out of the real […]

Unsold Stock of Luxury Apartment has gone down by 12% since last year.more
Pune

Top 5 areas in Pune for Investment.

June 12, 2019

By Abhay Harish Shah, Realty Quarter   A large number of investors are investing in Pune due to its increase in infrastructure, Urban Lifestyle, and Pleasant climate. It is considered to be the perfect mix of an urban lifestyle and a peaceful atmosphere it offers. If you are looking to buy a house in this […]

Top 5 areas in Pune for Investment.more
Bombay High Court logo

Homebuyer’s files petition against Harshmaan Construction at Bombay High Court.

June 11, 2019

By Abhay Harish Shah, Realty Quarter Two house buyers, who have been denied by the Maharashtra Real Estate Regulatory Authority for their complaint regarding violations of the development agreement of the Vile Parle project in Bombay, have now moved an arbitration petition to the High Court and sought damages from the developer of Rs. 1.62 […]

Homebuyer’s files petition against Harshmaan Construction at Bombay High Court.more
BIT Chawls

The state government approves reduction on stamp duty for the BIT Chawls redevelopment.

By Abhay Harish Shah, Realty Quarter The state government has drastically slashed construction stamping charges, especially in the island town between Colaba and Byculla, for builders who redevelop municipal tenanted properties. However, the bonanza is not for the free-sale element but for the rehab part of the project. The aim of this sop is to […]

The state government approves reduction on stamp duty for the BIT Chawls redevelopment.more
MahaRERA

MahaRERA declares – Developers are not allowed to transfer their majority stakes without written approval from the authority.

By Abhay Harish Shah, Realty Quarter The Maharashtra Real Estate Regulatory Authority (MahaRERA) makes the declaration that while transferring or allotting promoters rights and liabilities to a third-party the real estate developers has to disclose any financial creditors charge on their projects. The regulator’s direction assumes importance, upon growing instances of joint development contracts or […]

MahaRERA declares – Developers are not allowed to transfer their majority stakes without written approval from the authority.more
DHFL

DHFL got 7 days grace period, after failing Rs.1,000 crore plus obligation deadline.

June 6, 2019

By Abhay Harish Shah, Realty Quarter On Tuesday the Dewan Housing Finance Ltd (DHFL) was supposed to pay the outstanding bonds but, the deadline is passed and the payment is still on due. DHFL has got 7 days grace period later. The company is in discussion with financiers who can help to meet its Rs.1,000 […]

DHFL got 7 days grace period, after failing Rs.1,000 crore plus obligation deadline.more
Chembur

Why Chembur is known as the best Real Estate Investing Option in Mumbai?

May 17, 2019

By Abhay Harish Shah , Realty Quarter Chembur in Mumbai is rising at an incredibly fast pace, both socially and culturally, as there converge officials from countless sectors of culture. Chembur is nearly a real estate goldmine in Mumbai. The reason being as Chembur offers With state-of-the-art residential complexes, access to the best in class […]

Why Chembur is known as the best Real Estate Investing Option in Mumbai?more
Joint Venture

Shapoorji Pallonji and Ariisto Developers to join hands for redeveloping Goregaon Project.

April 24, 2019

By Abhay Harish Shah , Realty Quarter Mumbai’s well-known realtor Shapoorji Pallonji is at the final stage of talks with Ariisto Developers in order to set into a joint venture to develop a residential project of approximately 1 million square feet in the suburb of Mumbai city, Goregaon. Currently, Ariisto Developers has completed the project […]

Shapoorji Pallonji and Ariisto Developers to join hands for redeveloping Goregaon Project.more