Invested in UK realty? Get ready to pay inheritance tax
In a rude shock to the multitude of well-heeled Indian investors who have invested heavily into UK\'s residential property, the UK government in a rec
Continue readingCallous builders destroying eco-sensitive zones around Pune
Several previously untouched areas around Pune like Tamhini, Sinhagad-Donje, Bhimashankar and some areas around the Khadakvasla backwaters are now und
Continue readingRealty Rocks: Mumbai penthouse sells for INR 202 cr, BKC office for INR 950 cr
In the biggest ever deal for a residential apartment in the country, a sea-facing triple penthouse in south Mumbai\'s plush Napeansea road locality ha
Continue readingCredai mulls suspending membership of serial offenders
In its bid to attract serious players and weed out habitual defaulters, the Confederation of Real Estate Developers Association or Credai is mulling o
Continue readingLandmark Verdict: Bombay HC allows construction in mangrove-buffer zone
In a major verdict that could have a far-reaching positive impact on the fortunes of the troubled real estate industry, the Bombay high court in a rec
Continue readingShapoorji Pallonji bags US$ 200 mn FDI deal, to build 20,000 affordable homes
Shapoorji Pallonji Group, the Mumbai-based business conglomerate with diverse interests spanning construction, real estate, textiles, engineerin
Continue readingMah govt freezes property tax in Mumbai for next five years
In a major relief to nearly 2 crore Mumbaikers and an estimated 17 lakh middle-class residents of Mumbai, a majority of whom stay in chawls and older
Continue readingBlackstone, Panchsil tighten grip on prime central Mumbai project
Realty circles are abuzz with the news that the global private equity fund Blackstone Group is close to acquiring a strategically located commercial o
Continue readingGBCI launches EDGE Green Building certification system
Green Business Certification Inc. (GBCI), in conjunction with the International Finance Corporation (IFC), has launched the EDGE green building certif
Continue readingCidco rakes in INR 439 crore from sale of three Kharghar plots
CIDCO has set a new record for the highest sale rates for its tender plots in Kharghar, Navi Mumbai with the recent sale of three residential-cum-comm
Continue readingEnsure cleanliness around project sites or face the music, BMC warns builders
In its bid to curtail the spread of monsoon-related diseases like dengue, malaria and leptospirosis that can spread rapidly from stagnant pools of wat
Continue readingArthVeda to raise INR 2,000 cr fund, targets affordable housing projects
ArthVeda Fund Management, a part of Dewan Housing Finance Corporation (DHFL), India\'s second largest private housing finance company, is raising INR
Continue readingMMR sitting on 77,460 unsold flats worth INR 3,044 cr, says JLL-MCHI report
A recent survey conducted by JLL India in tandem with the Maharashtra Chamber of Housing Industry (MCHI-CREDAI) has revealed that the Mumbai Metropoli
Continue readingRealty Bill: Parliamentary panel keen on jail term for errant builders
Are you a home buyer facing the brunt of project completion delays by your builder? Or an investor in an under-construction project that is way past i
Continue readingParekh slams builders for rigid pricing, ignoring affordable housing
Eminent banker and chairman of HDFC, Deepak Parekh has slammed developers for their inflexible stand on pricing issues despite a rising pile of unsold
Continue readingNavi Mumbai airport project misses bird hit, readies for take off
Just days after denying eco clearance to Mumbai' s crucial INR 11,000-cr Mumbai Trans Harbor project, the Prakash Javadekar-led Environment Ministry h
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