Latest Realty News of Maharashtra

Indians-Invest-$2-Billion-in-Dubai-Real-Estate-in-First-Half-of-2015
Oct 24, 2015
Mumbai: Indians invested nearly $2 billion in the Dubai's real estate during the first half of this year.
6th-edition-of-Credai-Nagpur-Property-Expo-concludes
Oct 23, 2015
The Nagpur chapter of Confederation of Real Estate Developers Association of India [CREDAI] has organized the sixth edition of its four-day long property expo where over 4000 home aspirants thronged the expo at Rani Kothi, Civil Lines.
Gearing-up-for-an-investment-push,-real-estate-private-equity-funds-go-on-a-hiring-spree-
Oct 22, 2015
MUMBAI: Sanjay Grewal, IDFC's board member is joining Altico Capital, the nonbanking financial arm of Clearwater Capital. RK Narayan of Jones Lang Laalle is moving to head the $400 million real estate fund of Macquarie Group. There are more than half a dozen top-level hires in the last couple of months among real estate private equity funds.
Singapore's-GIC-forms-JV-to-invest-in-India-office-project-
Oct 22, 2015
SINGAPORE: Singapore sovereign wealth fund GIC has formed a 50-50 joint venture with Tishman Speyer to invest in the developer's office project in the southern Indian city of Hyderabad, the firms said in a joint statement.
Indiabulls-Real-Estate-Gets-Plan-Approval-for-London-Project
Oct 22, 2015
New Delhi: Indiabulls Real Estate has received approval from a UK authority for the plan to redevelop its project in London.
Tata-Housing-close-to-raising-Rs-3,200-crore-for-luxury-housing-across-top-5-cities
Oct 21, 2015
MUMBAI: Tata Housing is in advanced-level talks with a few institutional investors to raise Rs 3,200 crore for its upcoming premium and luxury residential projects across top five cities.
Office-Space-Absorption-Rises-to-10.6-Million-Square-Feet-in-September-Quarter
Oct 21, 2015
Mumbai: Office space absorption during the July-September period increased marginally to 10.6 million sq ft compared to the previous quarter, with Gurgaon witnessing the highest leasing activity, says a survey.
Debt-funds-fail-to-deliver-interest-payments-as-real-estate-languishes-
Oct 20, 2015
MUMBAI:It's a wager gone terribly wrong. Rich savvy investors, who invested in real estate debt funds expecting higher yields and capital protection, are spending sleepless nights as they have not been receiving regular interest payments over the past year. Some of these investments may go down the sewer unless there is an immediate uptick in property sales and a resultant revival in the real estate sector, wealth managers and analysts opine.
Trial-court-orders-builders-must-pay-customers-for-damages,-delays
Oct 19, 2015
NEW DELHI: In a significant order, a trial court has said that buyers can claim damages from builders if the latter fails to hand over the property on time.
Mumbai-plans-to-build-multi-storey-towers-with-shipping-containers-in-Dharavi-
Oct 17, 2015
Imagine this: bang in the middle of one of India's largest slums, Dharavi, a skyscraper rises. It's no ordinary high-rise made of bricks and cement.
Raghuram-Rajan-Boosts-PM-Modi's-Goal-of-Housing-For-All-by-2022
Oct 17, 2015
Mumbai: Prime Minister Narendra Modi's goal to put a roof over India's 1.3 billion people just got a lift.
Real-estate-association-goes-on-strike-over-suicide-of-developer
Oct 15, 2015
KOZHIKODE: Confederation of Real Estate Developers Association of India (Credai) observed a protest throughout the state on Tuesday against the harassment meted out to a builder in Thane by officials that led to his suicide.
Credai-wants-industry-status-for-real-estate
Oct 15, 2015
NOIDA: Realty developers' body Credai's NCR chapter on Wednesday demanded industry status for real estate as they observed a strike in protest against the "difficulty in doing business".
BMC-gets-six-months-to-revise-Development-Plan-2034-
Oct 14, 2015
MUMBAI: Brihanmumbai Municipal Corporation (BMC), the civic body of the country's commercial capital, has received a second extension of the deadline for revision of the much-talked about Development Plan 2034 by another six months to February 2016.
New-Rules-Give-Government-Employees-More-Time-to-File-Property-Returns
Oct 14, 2015
New Delhi: The Centre has notified new rules to extend by six months, till April 15 next year, the deadline for central government employees to file details of their assets and liabilities along with that of their spouses and dependent children, as mandated under the Lokpal Act.
NCR-Credai-demands-industry-status-for-real-estate
Oct 14, 2015
NOIDA: Credai members from across NCR on Tuesday observed a protest strike against the issue of 'difficulty in doing business.' All transactions and constructions were brought to a standstill while the builders gathered to submit deputations with the offices of the district magistrate and the chairman of Noida Authority.
Fitch-Ratings-Assigns-Stable-Outlook-to-Indiabulls-Real-Estate
Oct 13, 2015
New Delhi: Fitch Ratings has given a 'stable' outlook to Indiabulls Real Estate and expects the realty firm's debt to reduce by more than Rs 700 crore this fiscal year.
CREDAI-to-observe-token-strike-to-show-solidarity-with-Suraj-Parmar
Oct 12, 2015
MUMBAI: Realty developers' body Confederation of Real Estate Developers' Association of India (CREDAI) will be observing a token strike on Tuesday to mark solidarity to Late Suraj Parmar, President of Thane chapter of Maharashtra Chamber of Housing Industry (CREDAI-MCHI). Last week, Parmar ended his life due to alleged harassment from various government departments and their repeated demands for bribes.
Realtors-package-deals-with-gifts-to-draw-buyers;-freebies,-international-holidays-on-offer-
Oct 12, 2015
KOLKATA| MUMBAI: While thousands of residential units lie unsold across metros in the country , builders are quickly rustling up offers to make the most of the upcoming festive season. From freebies to home loan installment reliefs to international holidays, offers are coming in all shapes and sizes, depending on the ticket size of the apartment one chooses.
Mumbai-realtors-gain-up-to-double-the-price-with-base-FSI-projects-
Oct 10, 2015
MUMBAI: Realty developers maximize their plots' development potential through various Floor Space Index incentive schemes in space-starved Mumbai. But only few understand that projects built on base FSI, which essentially lead to more open space and also strike a chord with consumers, are commanding 50-100 per cent premium over the existing average price points in these localities.
Home-Buyers-Can-Now-Get-More-Loan-for-Property-up-to-Rs-30-Lakh
Oct 09, 2015
Mumbai: Banks can now provide home loans up to 90 per cent for properties that cost Rs 30 lakh or below, the Reserve Bank of India (RBI) said on Thursday.
Slowdown-in-real-estate-hits-Maharashtra-government-coffers
Oct 09, 2015
MUMBAI: Slowdown in the realty industry has affected the revenue collection of Maharashtra government which is already reeling under financial constraints.
Indian-real-estate-aggregator-Square-Yards-opens-office-in-Qatar
Oct 08, 2015
CHENNAI: Square Yards, a real estate startup focussed on the NRI segment, has opened its office in Doha, Qatar. This is the startup's third office in the Gulf Co-operation Council (GCC region) after Dubai and Abu Dh
Festive-season-will-have-little-to-cheer-realty-industry-
Oct 07, 2015
With affordability and safety of investment being the key for home buyers, the latest round of repo rate cut by the Reserve Bank of India (RBI) may see only a marginal improvement in demand and may not act as a catalyst to stimulate sales in this festive season.
Government-Says-REITs-to-Start-Functioning-Shortly
Oct 06, 2015
New Delhi: The Finance Ministry on Monday said it expects newly-created business structure REITs (Real Estate Investment Trusts) to start functioning shortly, a move which will give a boost to the realty sector.

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