Sheth Corp has announced the launch of two new towers at its township in Thane. The towers – Glade and Fern, will be part of the Vasant Lawns township, near Kapurbawadi junction on the … READ FULL STORY
Rustomjee has launched one of the tallest towers in Thane west – the I tower of Azziano at Rustomjee Urbania. The 36-storey, Vastu-compliant tower, will offer 2 and 3-BHK units, with prices starting from … READ FULL STORY
In a move that has been welcomed by the residents and developers, the Brihanmumbai Municipal Corporation (BMC) has decided, through the revised Development Control Regulations (DCR), to allow the redevelopment of 30-year-old buildings. This … READ FULL STORY
Recently the Brihanmumbai Municipal Corporation (BMC) in its budget, had proposed a surcharge of one percent on the sale and purchase of properties, to fund its infrastructure projects. In yet another move, the Maharashtra … READ FULL STORY
Chennai has witnessed a huge influx of population, owing to the growth in employment opportunities, especially in the IT and manufacturing sectors. Obviously, this had led to a rise in the demand for properties … READ FULL STORY
The long awaited Mumbai Draft Development Plan (DP) 2014-2034, is in the final stages of approval and is likely to be implemented in 2017. Keeping in line with the national objective of ‘Housing for … READ FULL STORY
Rakesh Sharma, a retired doctor, spent his lifetime savings to buy an apartment along the Noida-Greater Noida Expressway. Sharma, who already owned a house in Delhi, hoped to lead a comfortable life after retirement, … READ FULL STORY
Xander Group, on May 2, 2017, signed a deal with Shriram Properties, to acquire 100 per cent stake in Shriram’s Gateway SEZ in Chennai, for USD 190 million (Rs 1,250 crores), with a further … READ FULL STORY
Although the Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016 and all the 92 sections of the Act come into effect from May 1, only 13 states and … READ FULL STORY
The Real Estate (Regulation and Development) Act, 2016, popularly known as RERA, came into effect from May 1, 2017, as was originally stipulated a year ago. It is not as if the states have … READ FULL STORY
Vasai-Virar is one of the few locations that have witnessed promising growth and consistent demand for housing, in the subdued atmosphere prevalent in the real estate market. According to experts, the property prices in … READ FULL STORY
West Bengal Housing Minister, Sovan Chatterjee, has said that although the state was working on the Real Estate (Regulation and Development) Act (RERA), “I am unable to tell, by when we will be able … READ FULL STORY
Lenders who fund developers for real estate projects, have expressed concern that their role is not covered or lacks clarity under the Real Estate (Regulation and Development) Act (RERA). Consequently, bankers indicated that they … READ FULL STORY
