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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...
Maharashtra government set to increase bid for Air India building to Rs 1,600 crore
Publish on : 2022-11-07 12:44:38
The state plans to expand Mantralaya into the Air India building. Last month, deputy chief minister Fadnavis said that the state government was facing a space crunch to house government offices in Mantralaya and the annex building. MUMBAI: The state is set to make a Rs 1,600 crore bid to buy the ...
Realty bites: With 340,000 unsold units in Mumbai, developers are under pressure
Publish on : 2022-11-02 16:55:44
The city’s real estate industry should brace for a challenging year. With inventory at this new high and more launches expected in the coming quarter, developers will have to go all out to attract buyers The unsold inventory of homes in the Mumbai Metropolitan Region (MMR) hit a new high as launc...
Panel to look into issues of realtors in Navi Mumbai
Publish on : 2022-11-02 16:48:27
As per the urban development department’s order, developers and builders in Navi Mumbai are facing issues, after Cidco leased out lands. MUMBAI: The urban development department headed by CM Eknath Shinde on Monday set up a four-member committee headed by former chief secretary Sanjay Kumar to reso...
Registration of properties in Mumbai city falls 3% to 8,276 units in October 2022
Publish on : 2022-11-02 16:44:50
Real estate consultant Knight Frank India said that Mumbai city (BMC area) saw property sale registrations of 8,276 units in October 2022, contributing over Rs 705 crore to the state revenues. NEW DELHI: Registration of properties in Mumbai municipal region stood at 8,276 units in October, down 3 p...

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