Indiabulls Housing Finance has sold to a real estate developer in Delhi a property belonging to Yes Bank Cofounder Rana Kapoor for Rs 114 crore, said three people aware of the development. To recoup nearly Rs 240 crore, it had loaned to Bliss Villa, a company where Kapoor was the guarantor, the mortgage lender sold at […]
Indiabulls Housing Finance auctions Rana Kapoor’s property for Rs 114 crore.more
The state housing department provides relaxed conditions for the redevelopment of old and decayed cessed buildings in the city with hundreds of Mhada NOCs stuck for over a year. It has removed a 2019 GR which, several developers have said, was unworkable. Now developers would not be expected in order to obtain a redevelopment NOC to […]
State Housing Department Relaxes Rules for the Redevelopment of Cessed Buildings in Mumbai.more
REALTY QUARTER Celebrates its 3rd Real Estate & Construction Industry Leadership Award 2021 on 27th February 2021 in association with BUILDER ASSOCIATION OF INDIA (BAI), MAHARASHTRA WELFARE SOCIETY ASSOCIATION (MWSA), FREE PRESS JPURNAL, FREEDOM OF SPEECH, NEWS SPLESH, MEDIA VARTA NEWS, NEO ENTERTAINMENT & RUDRASHIL PRODUCTIONS Mumbai. Organized and Marketed by REALTY QUARTER for excellence recognizes […]
Geetanjali Group Director Mr Sunil Sisodiya gets honoured at Realty Quarter’s Real Estate Leadership Award 2021.more
Q1: Realty & Sustainability Confluence and Awards 2020” by ASSOCHAM and MoHUA is big news. Why ASSOCHAM felt the need for something like this? What role is expected to play among developers as well as buyers? Ans – When the times are tough, any sort of motivation works wonders and Awards like these will certainly […]
Interview of Mr. Pradeep Agarwal, Founder & Chairman – Signature Global Groupmore
Q 1: How do you assess the present state of real estate in the Post-Covid period? Ans: Like the rest of the economy, real estate too has shown a fast recovery, especially in the third quarter of the current financial year. The trend line for the residential segment is definitely positive as indications emerge from […]
Interview of Mr Deepak Sood, Secretary General, ASSOCHAMmore
Q1: ASSOCHAM and MoHUA have announced India’s first Realty and Sustainability Confluence and Awards. Please tell us about some of the key issues that this event will cover and how do you foresee the future editions contributing towards this sector. Replied ) ASSOCHAM has been quite actively promoting various sectors that have been recently hit by […]
Interview of Mr. Vineet Aggarwal, Sr. Vice President, ASSOCHAM & Managing Director, Transport Corporation of India Limitedmore
In order to revive the real estate sector in Maharashtra, the state government has announced to reduce stamp duty on property transactions. This reduction in stamp duty is applicable from 1 September 2020 to 31 March next year. This reduction is in two slabs. From September 1 to December 31, 2020, stamp duty will be […]
Property in Maharashtra is getting cheapermore
The Nashik Municipal Corporation (NMC) chose to introduce an incentive of up to 5% on the prompt payment of property tax bills for the first quarter of the financial year 2020-21 to collect a maximum property tax. When you pay online, you can get another 1% tax rebate. Those who pay their annual tax in […]
NMC introduces 5% tax rebate on prompt tax payments.more
Although several repo rate cuts (the rate at which banks borrow from the central bank) was made by the Reserve Bank of India (RBI), lending rates have not witnessed a corresponding shift. Homebuyers, therefore, are often eager to know why this occurs, and how banks and housing finance companies (HFCs) charge interest rates. Below are […]
How to calculate interest rates on a home loan?more
On 21st January, the Bengaluru-based Embassy Group has entered into co-living space and plans to build six such buildings in Bengaluru and Chennai. They are planning to widen there co-living brand Oliven to Hyderabad, Mumbai, Pune and Delhi-NCR. Initially, 20,000 beds space is being launched, starting from Bengaluru (15,000), Chennai (2,500) and Pune (2,500) and […]
Bengaluru-based Embassy group is going to invest Rs 2,000 crore into co-living space.more