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June 01, 2023 01:08 PM IST While the proposal may benefit lakhs of homebuyers, it would require consent from 66 percent of the committee of creditors. This is among the proposed amendments to the Insolvency and Bankruptcy Code, people aware of the matter said.
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May 31, 2023 06:49 PM IST The consolidated debt of the company stands reduced to Rs 424 crore against a peak of Rs 2,373 crore on March 31, 2019.
- May 31, 2023 06:37 PM IST
Out of about 1.14 lakh homes sold in Q1 2023, over 41 percent were newly launched projects across the top seven cities compared to 26 percent in 2019.
- May 31, 2023 04:41 PM IST
Version 2 will have an enhanced outlay and run for four years till 2027
- May 31, 2023 04:31 PM IST
While overall registrations dipped in May, the strength in daily sales with over 308 units registered per day and rising revenue clearly reaffirmed the robustness of Mumbai property market.
- May 31, 2023 04:16 PM IST
Jefferies' latest GREED & fear report, shows that the residential property market in India is witnessing an upturn. Considering the preceding seven-year downturn and the resulting pent-up demand, Jefferies suggests that this property cycle uptrend could potentially continue for another three to four years. So is this the right time to invest in real estate stocks? Which realty stocks have become hot property? Watch this video to find out.
- May 31, 2023 04:05 PM IST
The company plans to launch at least four new residential projects in FY24, with a development potential of 5 million square feet and an expected gross revenue of over Rs 3,000 crore.
- May 31, 2023 02:20 PM IST
FAR of 4 will allow allottees to construct buildings with areas up to 400 percent of the total area of the ground they are situated on.
- May 31, 2023 12:41 PM IST
The assessment has been made mandatory by Maharashtra, on the ground that real estate agents are an important bridge between homebuyers and developers.
- May 31, 2023 10:53 AM IST
Allotments of residential plots had been made to 156 persons after an e-auction on April 21. Those who won the plots were to pay 25 percent within 15 days of allotment.
- May 31, 2023 09:27 AM IST
The apartments are priced between Rs 24 lakh and Rs 7.57 crore, ranging from 200 sq ft to 1,500 sq ft. The last date for submission of application is June 26. The results of the lottery will be announced on July 18, 2023.
- May 30, 2023 09:06 PM IST
The duplex villa had a super area of 1,937 square feet. They are located in Sector 135 while the MIG flat is in Sector 62. The base price of the duplex apartments was kept at Rs 1.79 crore while that of the MIG flat was around Rs 66.4 lakh.
- May 30, 2023 08:30 PM IST
This will boost redevelopment of old and dilapidated buildings in Mumbai city, Chief Minister Eknath Shinde said
- May 30, 2023 06:12 PM IST
The court also held that the collection of transfer fees by such associations during the sale of an apartment is illegal.
- May 30, 2023 05:47 PM IST
Buys the Mumbai-based group’s stakes in Prestige (BKC) Realtors Private Ltd, which is constructing an office property in Bandra-Kurla Complex, and Turf Estate Joint Venture LLP, which is building Grade A office space in the Mahalakshmi area.
- May 30, 2023 09:09 PM IST
As economic uncertainties force businesses across the world to defer decisions on taking up office space, in India they are turning to flex space.
- May 30, 2023 11:09 AM IST
Ajoy Mehta, Chairman of Maharashtra Real Estate Regulatory Authority, says transparent measures like making developers publish quarterly progress reports one of the reasons behind drop in number of disputes. MahaRERA’s target now is to bring down these disputes to 1%.
- May 30, 2023 09:09 AM IST
While this is being termed a passing phase, mall owners are considering replacing cinema screens with more profitable food and beverage outlets.
- May 29, 2023 07:21 PM IST
The sector needs a rating system so that good projects can access bank financing.
- May 29, 2023 03:28 PM IST
The builder has agreed to pay the cost of interiors, along with stamp duty and the basic rate as final settlement cost to the affected residents., Chintels Paradiso RWA president has said
- May 29, 2023 01:10 PM IST
The ruling came on a case related to a luxury project in eastern Bengaluru's IT corridor of Sarjapura, where a homebuyer decide the hold back on the purchase decision after the builder refused to show land title documents.
- May 29, 2023 10:41 AM IST
Applications will be invited once the agency approves the scheme and the price will be decided just before the launch.
- May 29, 2023 09:51 AM IST
The real estate company is also focusing on redevelopment projects in Mumbai.
- May 26, 2023 10:11 PM IST
Malhotra has over two decades of experience across the entire real estate value chain, said the company
- May 26, 2023 10:05 PM IST
According to a GNIDA official, 10 builder plots had been put for sale. However, only one plot – GH-128 – elicited investor interest.
