|     |     |    |    |     |     |  
Latest News
India office markets' fit-out costs most economical in Asia Pacific: Report
Publish on : 2020-12-08 17:50:18
Mumbai remains the most expensive office market in the country with an average fit-out cost of $133 per sq ft. The average office interior fit-out cost in New Delhi stood at $126 per sq ft and $33 in Chennai. MUMBAI: India’s top seven commercial real estate markets including Mumbai, New Delhi, Hy...
Housing societies can decide on use of sinking fund
Publish on : 2020-12-08 17:45:04
Cooperatives sector experts said as per a model bylaw of 2014, even if the general body decides on using it by defining its purpose, there is no need for the society to seek the deputy registrar or coop department's nod. MUMBAI: Housing society members need not approach cooperatives department fo...
Bombay HC sets aside central railway orders on redevelopment of property
Publish on : 2020-12-08 17:41:15
CR orders rejected an NOC to a dilapidated building in Kurla seeking to redevelop the property. The society challenged communications dated August 30, 2018, October 17, 2018, and April 23, 2019, rejecting their application for NOC. MUMBAI: The Bombay High Court has set aside orders passed by Cent...
Joyville to invest Rs 700 crore to develop 10-acre project in Pune
Publish on : 2020-12-01 18:49:29
The project spread over 10 acres within Pune’s Hinjewadi IT Park will be Joyville’s sixth project in India. Joyville is a $200 million platform by Shapoorji Pallonji, ADB, IFC and Actis to develop aspirational housing projects in India. MUMBAI: Realty developer Shapoorji Pallonji Real Estate’s mi...
Tech-based realty platforms to raise more funds for investment in commercial assets
Publish on : 2020-12-01 18:46:10
Hbits, which invests money raised from individuals to commercial assets, said that it is in the process to raise Rs 500 crore by December 2021 to invest in commercial real estate properties rented out to multinational companies. As fractional real estate investing gains momentum during the Covid-...
Indian property sector's 2021 outlook resilient; office realty to lead revival
Publish on : 2020-12-01 18:44:24
Three bids were received for the stuck project until the deadline of November 20 including one from a Pune-based realty developer Anirudh Deshpande and a Dubai-based fund. The sheer size of the land and its far away location from either Mumbai or Pune are also deterrents for bidders. MUMBAI: Fina...
Uniform development rules coming across Maharashtra
Publish on : 2020-11-27 16:25:13
Thane, Navi Mumbai, Pune, Aurangabad, Nashik, Nagpur, Solapur and Kolhapur will come under the ambit of the new rules, which are likely to bring uniformity in width of roads, size of rooms, etc. MUMBAI: After a delay of three years, the state is finally set to implement a unified development cont...
NAREDCO Maharashtra extends zero stamp duty benefit for buyers until Dec end
Publish on : 2020-11-27 16:18:51
The government of Maharashtra has already reduced the stamp duty on property registrations to 2% --from earlier 5%--for transactions between September 1 and December 31. From January 1 to March end, the stamp duty will be 3% for registered agreements. Realty developers body NAREDCO Maharashtra ha...
Demand for luxury residences in Mumbai set to rise in 2021; prices to remain flat: Report
Publish on : 2020-11-27 16:14:51
Prices of prime residential properties across the top 22 global cities, on average, are expected to remain static in 2020, before rising by 2% in 2021, Knight Frank’s Prime Global Forecast 2021 report said. MUMBAI: The demand for luxury residences in Mumbai is expected to rise significantly in 20...
Pune realtor files MPID Act case on Mumbai-based Ahuja Properties
Publish on : 2020-11-27 16:12:54
Taking cognisance of the private complaint filed by Haresh and Mehak Setpal, the Pune sessions court ordered that two separate FIRs be lodged against Ahuja Properties and Associates, and its partners. PUNE: Yet another case has emerged under the Maharashtra Protection of Interest of Depositors (i...

@2019 TeamUp. All rights reserved. Site visitors are subject to our Privacy Policy and Terms of use.