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Ranveer Singh sells two residential properties in Mumbai for over Rs 15 crore
Publish on : 2023-11-15 16:55:25
The actor has sold each of these apartments along with a total of six car parking slots for over Rs 7.62 crore. The transactions have attracted a total stamp duty of Rs 91.50 lakh. Bollywood actor Ranveer Singh has sold two of his residential properties in Mumbai’s Goregaon suburb for a total of...
Mumbai: BMC demolishes unauthorized areas in Atharva Landmark
Publish on : 2023-11-15 16:36:36
Originally meant to be a fully residential building, the space saw commercial shops being constructed in the basement area spread across over 3,0000 sq feet. MUMBAI: The BMC's P-North ward office has demolished unauthorized constructions in the basement of the 15-storey Atharva Landmark building...
Mumbai: Illegal cement plant on Juhu open plot 'choking' residents
Publish on : 2023-11-15 16:32:31
BJP MLA Ameet Satam has written to Mhada vice-chairman Milind Borikar and demanded that the agency move the HC to initiate contempt of court proceedings against the builder for renting out the plot even after handing over paper possession to it. MUMBAI: A year after Mhada took 'paper possession'...
MahaRERA recovers over Rs 133 crore from defaulting builders
Publish on : 2023-11-15 16:29:50
The regulatory authority had issued 1,053 warrants to recover ₹627.70 crore from developers for delay in the handing over of the apartments, with a warning to freeze their bank accounts and attach assets. MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered compensati...
Warburg Pincus makes Rs 600 crore exit from joint realty development platform with Runwal
Publish on : 2023-11-15 16:27:06
In 2019, in one of the largest real estate investment platform transactions in India, an affiliate of the New York-based institutional investor entered into an alliance to develop shopping malls in key cities with a sizeable population and growing disposable incomes. Global private equity major W...
Don't interfere in redevelopment of housing society: Bombay HC to Shanti Enterprises
Publish on : 2023-11-15 16:18:07
Swashray CHS, Borivali (West), which has 16 members, had approached the HC saying it had lost faith in Shanti Enterprises and had thus terminated the deal with him for redevelopment. MUMBAI: Observing that a housing society "cannot be shackled in a development agreement in which the developer ind...
Bombay HC clears way for man to get home 48 years after grandfather was evicted
Publish on : 2023-11-15 16:07:16
According to 34-year-old Ravindra Bhatuse's petition, in November 1975, his grandfather was issued notice to vacate his 106-square-foot room in Zenab Manzil, Byculla, and sent to Antop Hill transit camp. MUMBAI: Observing that it is a "long unbroken cry for long-delayed justice," Bombay high cour...
Residential unit launches are expected to grow by 15% in FY24: ICRA
Publish on : 2023-11-15 16:03:37
The inventory declined to 910 million sq ft as of June 2023 from 946 million sq ft as of March 2022 and the YTS (calculated as unsold inventory/sales in the last 12 months) is low backed by healthy sales and calibrated launches, according to ICRA. NEW DELHI: ICRA expects the launches to be at a d...
Housing rental grow up to 30% across top seven cities during Jan-Sept 2023
Publish on : 2023-11-15 15:58:17
Residential rentals in Bengaluru’s prominent areas soared by over 30% in the first nine months of 2023. Hyderabad witnessed the second-best rental value growth with key markets in the city seeing up to 24% growth in this period. NEW DELHI: Housing rents increased by over 30% in the top seven citi...
Mumbai real estate update: Property registrations cross 1-lakh mark in 2023
Publish on : 2023-10-23 16:39:44
In calendar year 2022, 1.22 lakh property registrations were reported in Mumbai. In 2023, there is an anticipation of a 5 percent increase in the number of property registrations, according to experts. Mumbai real estate: In the first six months of calendar year 2023, 62,492 registrations were re...

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