By Realty Quarter Bureau REALTY QUARTER – 3rd Real Estate & Construction Industry Leadership Award 2020 “The Ecological Project of the Year” – Heritage Green Farm Project by Heritage Green Group of Companies. Award Presented to Mr. Hari Shahi, CEO of the Company and Award received from Shri Zubair Farooqui, Mumbai Youth Congress Secretary. REALTY […]
The Ecological Project of the Year – Heritage Green Farmmore
By Realty Quarter Bureau REALTY QUARTER – 3rd Real Estate & Construction Industry Leadership Award 2020 “Young & Dynamic Developer of the Year” – Mr. Monish Udani, Founder of Skyline Ventures, Mum REALTY QUARTER Celebrates its 3rd Real Estate & Construction Industry Leadership Award 2020 in association with BUILDER ASSOCIATION OF INDIA (BAI), MAHARASHTRA WELFARE […]
Young & Dynamic Developer of the Year – Mr. Monish Udani, Founder of Skyline Venturesmore
On March 19, the Bombay High Court recommended that civic bodies in Maharashtra temporarily refrain from carrying out demolition or auction of property as courts, which are often shifted for relief in such matters, are already operating for restricted hours owing to the coronavirus epidemic. A Division Bench of Justices S J Kathawalla and R I […]
Bombay High Court halts property demolition & property auctions until 31st March.more
On Thursday, the Enforcement Directorate (ED) said it has attached properties to the tune of Rs 66 crore of many persons implicated in a case involving Surya Vinayak Industries in a Rs 2,206 crore bank scam. The ED, in a report, said that in the case of Surya Vinayak Industries Ltd. and its group companies […]
ED attaches properties of Surya Vinayak Industries of Rs 66 crore under PMLA case.more
Against the backdrop of the Coronavirus outbreak and its effects on the economy, the body of real estate developers, the Confederation of Real Estate Developers’ Associations of India (CREDAI), seeks to delay the debt repayment scheduled for the next 3 months and to be permitted to recover in installments over the next 12 months. The developers’ […]
CREDAI plans to reset the interest rate along with rescheduling debt repayment.more
US-based flexible office space provider Kovorks collaborated with city-based Marvel Infrabuild to create India’s largest coworking facility with a capacity of around 25,000 desks. The new luxurious co-working space would extend across 15,000,00 sqft at Whitefield main road. Kovorks already runs versatile offices in seven locations in the US and Malaysia. “India’s co-working market has […]
US-based company Kovorks partnered with Marvel Infrabuild to develop India’s largest co-working space in Bengaluru.more
The coronavirus disease has had a crippling impact on the real estate sector with approximately 65% flat buyers defaulting on installments since last week, said Credai -MCHI, the apex body comprising more than 1,400 builders in the Mumbai metropolitan region (MMR). Worse, there are also reports of the closing down of malls that retail stores will […]
Credai –MCHI reports about 65% of home buyers defaulting on installments.more
SoftBank Group is contemplating retreating out of a $3 billion bid to buy additional shares in WeWork because it thinks the office-space sharing business has not fulfilled the conditions of the contract, said people familiar with the matter on March 17. The U-turn by SoftBank will be the latest blow to WeWork investors, who saw […]
SoftBank Group plans to pull out $3 billion additional shares bid in WeWork.more
As per property consultancy JLL India, approximately 30% of office buildings in Mumbai, Delhi-NCR and Bengaluru are at least a decade old and require refurbishment that might cost over Rs 5,500 crore. The consultancy said in a report ‘Futureproofing 2.0 Upgrading commercial properties to build sustainable value’ after upgrading, rents might increase by up to […]
JLL Report: Approx 30% of the Office buildings in the top three cities need refurbishment.more
Residential buildings incorporated under the 1962 Gujarat Co-Operative Societies Act and intending to conduct redevelopment can now apply to the Paldi Co-operative Registrar, according to an urban development department notification. There are 6,714 housing societies established under the GCS Act of 1962 in Ahmedabad and over the last three months, several of this demonstrated an unwillingness […]
Gujarat co-operative society’s residents can now apply for redevelopment.more
