Piramal Group’s financial services arm, Piramal Fund Management (PFM), plans to expand its portfolio in the commercial segment, by offering flexi lease rental discounting (LRD) for completed commercial assets and is targeting a book … READ FULL STORY
Mumbai has a new Transfer of Development Rights (TDR) policy that is linked to the width of the road beside the project’s site. As per the new policy, projects on roads that are less … READ FULL STORY
The collection of taxes and arrears by urban local bodies from citizens, in the form of demonetised currency notes, crossed the Rs 1,000-crore mark, on November 21, 2016. The time for accepting demonetised notes … READ FULL STORY
This year’s Investment Prospects survey, has revealed a strong shift towards emerging market destinations, with two Indian cities Bengaluru and Mumbai topping a list that also includes Vietnam, the Philippines and Shenzhen (in China), … READ FULL STORY
Diwakar Sharma bought an apartment in a Delhi-NCR project on the recommendation of his colleague. Prima facie, there has been nothing to suspect about a project where most of his colleagues have bought homes … READ FULL STORY
The start-up ecosystem in the country, which for long depended solely on angel investors and venture capitalists, has today been buoyed by a slew of initiatives, like the central government’s Startup India. Along with … READ FULL STORY
With the government finalising the tax structure for the goods and services tax (GST), home buyers now seem concerned that the GST may increase the price of under-construction flats, which are expected to come … READ FULL STORY
While the tax structure for the goods and services tax (GST) has been announced, the real estate industry is waiting to see which rate is applied to it and the construction industry. Given the … READ FULL STORY
Private equity investment in the real estate sector, has grown 22 per cent during January-September this year, to Rs 28,300 crores, from Rs 23,200 crores a year ago, reflecting improved confidence among investors to … READ FULL STORY
The Shiv Sena’s youth wing chief, Aaditya Thackeray, met Maharashtra governor C Vidyasagar Rao on November 2, 2016 and sought his intervention, to stop the centre from monetising the eastern coast of the city, … READ FULL STORY
Wadala has undergone a significant transformation over the last decade, from largely being an industrial zone to an upcoming residential market. Its proximity to Bandra-Kurla Complex (BKC) spurred large-scale land development, thereby, fuelling the … READ FULL STORY
Nearly 9.6 million sq ft of Grade A office space was absorbed, during the July-September quarter of this year, according to a report by property consultant Colliers International. As per the survey, southern cities … READ FULL STORY
Plan to redo your house? Home owners, nowadays, can take the services of several online portals, which act as a single-point contact to attend to all possible requirements of redoing a house. These portals … READ FULL STORY
