By Abhay Shah, Realty Quarter Indian developers are at risk of going belly-up as growing stress on the national credit market drowns funding even for those willing to afford high rates for decades. “With the increasing shadow banking crisis most developers’ borrowing prices have raised to a peak of around 20% in more than a […]
Indian Real estate developers are at risk as nation’s credit market has dried up.more
By Abhay Shah, Realty Quarter On 16 July 2019, the High Court of Bombay annulled the CRZ Clearance granted to the city civic body’s ambitious Rs 14000 cr Coastal Road project. The Court ruling states that a 29.2 km long project proposed to connect the Marine Drive area in the South of Mumbai to suburban Borivali in north Mumbai […]
Bombay HC quashes CRZ clearance for Mumbai Coastal Road Project.more
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
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 With the introduction of the Real Estate (Regulation and Development) Act (RERA), and several other policy initiatives such as the Benami Transactions Act and the government drive towards affordable homes, we can see more residential property market activity in larger cities. The favourable customer sentiment is particularly important after the dampener […]
Tips to buy a House with best ROI for a longer-term.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 Building the Bandra-Versova Sea Link will commence as soon as the Maharashtra State Road Development Corporation has appointed Reliance Infrastructure to build this 17.17-km route. At the price of Rs.7,000 crore, the sea link, which is three times the length of this Bandra-Worli sea link, will be built. The link […]
The development of Bandra- Versova sea link will begin soon – MSRDC.more
