Mumbai-based real estate developer Lodha Group, on October 26, 2016, announced that private equity player HDFC Property Fund, has exited its stake in the developer’s World Towers project in south Mumbai, for Rs 1,500 … READ FULL STORY
The enactment of the Real Estate (Regulation and Development) Act 2016, is expected to provide a fillip to the real estate and construction sector and improve ease of doing business in the country. Added … READ FULL STORY
Ahead of the Brihanmumbai Municipal Corporation (BMC) polls early in 2017, regional planning body Mumbai Metropolitan Region Development Authority (MMRDA), on October 19, 2016, cleared two metro projects – the Thane-Bhiwandi-Kalyan Metro (Line 5) … READ FULL STORY
Prima facie, there is nothing identical between Noida of Delhi-NCR and Bandra-Kurla Complex (BKC) of Mumbai. However, a closer look suggests the two given markets have the same DNA, with a different tale to … READ FULL STORY
A majority of Indians across the country are extremely apprehensive with the property market and feel that in spite of the slowdown, the industry’s practices have not changed. On a scale of 0-1,000, the … READ FULL STORY
There is real estate and then there is something called ultra-luxurious real estate. It’s that property which is out-of-bounds to the well-heeled and information about it is available only to a handful of privileged … READ FULL STORY
Compared to Q2 2015, when Mumbai’s rental values had bottomed out, the city will now start to see acceleration in its rental value growth from Q2 2016, says a report titled Global Real Estate … READ FULL STORY
Nearly two-thirds of the prospective home buyers, as many as 62%, will not buy their dream home this festive season. Expectation of a price correction, is the biggest deterrent for these home seekers this … READ FULL STORY
Global private equity firm Brookfield Asset Management, has signed an agreement with the Hiranandani Group to acquire its offices and retail space in Powai in Mumbai, for a whopping Rs 6,700 crores. Confirming the … READ FULL STORY
A special purpose vehicle (SPV) will be set up soon by the government, to facilitate Thane’s transition into a smart city, stated Thane’s municipal commissioner, Sanjeev Jaiswal. Thane was in the list of cities … READ FULL STORY
‘Location, location and location’ has been the tried-and-tested format of success in Indian real estate, so far. It has been the best calling card for all developers. Many even assumed that if a developer … READ FULL STORY
Most home buyers are concerned about the right time to make an investment and whether the realty market is set for a correction in rates. The global economic market has witnessed lots of ups … READ FULL STORY
Maharashtra chief secretary Swadheen Kshatriya, has said that the high-powered committee headed by him, has cleared the redevelopment proposals of the Bombay Development Directorate (BDD) chawls, at Naigaon and at NM Joshi Marg in … READ FULL STORY
