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Latest News
L&T Realty and CapitaLand India Trust to develop six million sq ft office spaces
Publish on : 2022-11-09 12:47:02
Depending on the completion of these developments, CLINT expects majority of the capital commitment for the projects to start from H2 2024 onwards. NEW DELHI: L&T Realty, the real estate development arm of Larsen and Toubro, and Singapore-listed CapitaLand India Trust Management, trustee-manager...
Maharashtra government forms committee to streamline realty processes in Navi Mumbai
Publish on : 2022-11-09 12:44:29
CIDCO undertakes various mega infrastructure projects, including the ongoing Navi Mumbai International Airport, Navi Mumbai Metro, NAINA, Corporate Park etc. The town planning body has allotted land parcels on lease to different real estate developers to create residential and commercial projects....
SC upholds Bombay HC verdict against rules pushing up land property tax
Publish on : 2022-11-09 12:42:41
The new rules of the BMC had led to much higher property taxes for the developers, who challenged the constitutional validity of the new regime for computing property taxes. MUMBAI: The Supreme Court on Monday upheld an April 2019 Bombay high court judgment that had struck down three rules to fix...
HDFC Capital Advisors invests over Rs 1,550 crore in six projects of SP Real Estate
Publish on : 2022-11-09 12:25:30
The investment made through structured debt instruments will flow into six projects spread over nearly 7 million square feet in Mumbai and Pune. It will be utilised for financial closure of projects, repayment of high-cost debt, and working capital, the companies said. HDFC Capital Advisors, a re...
Mumbai: Bank to compensate NRI couple for misplacing loan documents
Publish on : 2022-11-09 12:12:46
The order dated November 3 was passed by in-charge president RGWankhade and member Preethi Chamikutty of the District Consumer Disputes Redressal Commission (Mumbai Suburban) on a complaint by Suresh D Bhatia and Kavita S Bhatia against ICICI Bank Ltd. A district consumer commission has directed...
Mumbai: BMC stays its proposal to hike rent of civic-owned properties
Publish on : 2022-11-07 13:14:06
There are close to 3,500 BMC-owned properties in the city. The last hike was implemented back in the year 2014 following which, in 2021, the BMC floated a proposal of increasing the rates to Rs 3 per square foot. MUMBAI: Ahead of civic elections expected to be held in the next few months, the BMC h...
Flat owners in Maharashtra to get vertical property cards soon
Publish on : 2022-11-07 13:10:03
“There have been discussions on the issue at the level of the revenue minister and the draft should be cleared soon. The rules would be issued thereafter,” a senior official of the revenue department said on Wednesday. PUNE: The state government’s approval of the draft for issuing vertical proper...
Maharashtra to push e-registration of first-sale units by developers
Publish on : 2022-11-07 12:55:29
The total expected units to be registered from developers’ offices is around 1.43 lakh units in coming days, said officials. For now, daily registration is limited to 10-15 documents. PUNE: The state property registration department is gearing up ensure that at least 20% of first-sale (brand new)...
Janhvi Kapoor's family buys Rs 65-crore duplex in Mumbai's Bandra
Publish on : 2022-11-07 12:50:37
The daughter of late actress Sridevi has bought the apartment spread over 8,669 sq ft built up area on the first and second floor of Kubelisque Building on Pali Hill’s Union Park Road. Bollywood actor Janhvi Kapoor along with her younger sister Khushi and father Boney Kapoor has purchased a luxur...
Morgan Stanley leases 86,200 sq ft office space in Mumbai's Worli
Publish on : 2022-11-07 12:47:12
The financial major will be paying a lease of over Rs 340 crores throughout the lease term for a total 86,200 sq ft office space on 39th and 40th floor of the upcoming tower Altimus being developed by K Raheja Corp. American multinational investment management and financial services company Morga...

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