Nahar Group

The initial euphoria generated after the notification of the Real Estate (Regulation & Development) Act (RERA), on May 1, 2016, is now waning, with increasing doubts over its effectiveness in protecting the consumers‘ interests. &#82

Homes in Mumbai may cost 1% more, as BMC proposes new surcharge

The Brihanmumbai Municipal Corporation (BMC) has proposed a surcharge of one per cent on the buying and selling of properties in Mumbai, to fund infrastructure projects. This would be enforced by the state government, &#82

Budget 2017 analysis: Experts believe middle-class home buyers have been ignored

While the real estate fraternity has largely welcomed the announcements in the Union Budget 2017-18, certain sections in this sector, apart from the affordable housing segment, as well as buyers, are still trying to &#82

Hope to see real estate getting industry status in Budget

Under the leadership of Mr. Narendra Modi, we are positive to have an announcement that will create a revolutionary change. The government has already expressed its vision of housing for all by 2022 and the backup from the budget will only help in expediting homes to become more affordable while meeting the objectives

Andheri east: Infrastructure, prices, boost property demand

Improving infrastructure has helped Andheri east, to transform from an industrial area, to a sought-after residential destination in Mumbai, over the years. From a region that was primarily known for the MIDC and SEEPZ, &#82

Nashik: Maharashtra‘s highest ROI property market

Nashik has better potential for property price appreciation than any other tier-2 or tier-3 city in Maharashtra, owing to its growth and expanding economic opportunities, says Hardik Puranik, a local property broker. This feeling R

Can NRIs rely solely on the internet for their property purchase

Non-resident Indians (NRIs) may often find it impractical to physically come and see a property, while scouting for one, even if they have a keen interest in the Indian property market. Hence, developers are R

Mumbai‘s real estate hotspots for varied budgets

In Mumbai‘s real estate landscape, prices generally reduce as one moves from the south to the northern suburbs. Today, most home buyers prefer properties in the suburbs, due to its affordability, connectivity to one‘s R

Karjat: From a weekend home destination, to an all-round winner

When Hitesh Maniyar, a resident of Andheri, Mumbai, was on the lookout for a weekend home, his biggest concern was its location, as he planned to shift to Navi Mumbai in a few years. R

NRI investment in Indian realty hit by lack of ‘trusted information‘

Rekha Parihar, a non-resident Indian (NRI) from Dubai, had finalised the purchase of a luxury sea-facing apartment in Worli, Mumbai. However, when she surfed the internet to check the credentials of the developer and &#82

3 factors that can boost the market during the festive period

The festive season is when people usually loosen their purse strings as this is an auspicious time to buy a home. Usually, this means a windfall for developers. But with the property market in &#82

NRI buyers bullish on Bengaluru property

Some of the recent trends in the Indian property market, seem to suggest that non-resident Indians (NRIs) are shifting their investment from Bengaluru to Coimbatore and Kochi, owing to the lower ticket size in &#82

Thane: A residential destination in sync with modern home buyers

With limited space for expansion, Mumbai has very few property locations that have evolved to meet the requirements of modern home buyers. Thane, on the other hand, is one location that perfectly suits the &#82

NRI investment patterns become realistic

Alka Rajpurohit, a non-resident Indian (NRI) from Dubai, wanted to sell her luxury apartment in Gurgaon and instead, buy a premium apartment in Noida. Rajpurohit‘s decision, reflects the changing dynamics of NRIs‘ investments in &#82

Longer construction hours: Boon for home buyers, bane for home owners?

Project delays have been a matter of grave concern and a common grievance of home buyers. Developers, on their part, cite various reasons for such delays. Among the legitimate reasons, almost all developers complain &#82

Affordable housing: The pros and cons

In a recent newspaper advertisement, the developer of an under-construction housing project in Gurgaon, offered a two-bedroom flat at a price of Rs 22 lakhs. Property prices in the region, where the project is &#82

Infra projects that will transform Mumbai‘s skyline

Mumbai and its surrounding areas offer a healthy mix of real estate options, which has been possible, largely due to the region‘s infrastructure and connectivity. “If connectivity is improved, then it will be easy &#82

Buying in a project on a leasehold plot: What you should know

City development authorities in most Indian states, either provide land development rights to developers to build projects or sell residential land as freehold through auction.

Positive Budget 2016 for real estate sector: Manju Yagnik

A positive budget for the real estate sector says Manju Yagnik, Vice Chairperson, Nahar Group

Monte Carlo Fashions to stitch up an IPO, eyeing expansion

The latest name hitting the bourses will be woollen hosiery garments maker - Monte Carlo Fashions. Though the Ludhiana based company is already sitting on cash, it says a public listing will broaden its stake holder base and identity

Manju Yagnik, Vice Chrp, Nahar group budget expectations

Ms. Manju Yagnik, Vice Chairperson, Nahar Group - One of Mumbai's leading real estate companies

Samara Capital buys 18% in Monte Carlo for Rs 175 cr

US-based private equity fund Samara Capital has acquired a minority stake of 18% in Ludhiana-based Monte Carlo Fashions, part of the Nahar Group, for Rs 175 crore.