Latest Realty News

No need to tweak housing society by-laws to undertake redevelopment
Nov 13, 2014
MUMBAI: A housing society is not required to change its by-laws before undertaking redevelopment of its premises, the HC has ruled
Relief for builders in land Act
Nov 12, 2014
MUMBAI: In a relief for developers in Mumbai, the SC issued a notice to the Maharashtra government and restrained the state from cancelling development schemes
Maharashtra frees no-development zones with FSI of four
Nov 08, 2014
MUMBAI: The Maharashtra urban development department has taken the first step to throw open no-development zones in Mumbai
Homes launched for Indians with Dh1,200 monthly salary
Nov 07, 2014
Mumbai: The houses may be small in size, but are affordable for those working in Mumbai, India, for a salary of Dh1,200 per month
Builder held for duping 425 people in Kalyan
Nov 07, 2014
KALYAN: The Mahatma Phule police in Kalyan have arrested a builder who duped more than 425 people and swindle Rs 4.25 crore from them by booking flats in Ambernath
Record 815m sq ft of flats unsold in 6 cities
Nov 06, 2014
MUMBAI: The stagnant property market has led to the highest ever unsold stock of 815 million sq ft of residential space across six cities at the end of the September quarter this year
Jindals' Rs 300 crore property caught in heritage row
Nov 04, 2014
MUMBAI: Morena House, the Carmichael Road property bought by steel tycoon Sajjan Jindal six years ago and now believed to be worth Rs 300 crore, is now caught in a heritage-versus-redevelopment row
Gurgaon, Mumbai property prices likely to fall
Oct 27, 2014
New Delhi/ Mumbai :Gurgaon and Mumbai two of India's largest real estate markets - are set to witness a correction in property prices, say analysts
Mumbai to witness an additional demand of housing units by 2018-end
Oct 20, 2014
MUMBAI: The city is expected to witness an additional demand of around 231,000 housing units across all segments by 2018-end
Anushka Sharma becomes brand ambassador for Ruparel Realty in Mumbai
Oct 17, 2014
Mumbai: Bollywood actress Anushka Sharma plays a new role as the brand ambassador for one of Mumbai's well known real estate companies — Ruparel Realty
Land row: HC orders Rs 40 lakh fine for sponsored litigation
Oct 09, 2014
In an unprecedented order, the Bombay high court has ordered a Mumbai resident to shell out Rs 40 lakhs as legal costs while dismissing his application seeking to stop the allotment of a sprawling plot in Versova to a cooperative housing society and halt development by a city builder
Housing society can approach other builder for redevelopment: HC
Sep 16, 2014
There was no relief from the Bombay high court for Kalpataru Properties in a mega redevelopment project in Kandivli
For luxurious Mumbai flats, even owners shell out ‘rent’
Sep 15, 2014
Fancy apartments in new luxury buildings not only cost a king's ransom, but also need a fortune to be kept in possession
Housing body may take on Cidco for levying transfer fees
Sep 06, 2014
The city co-operative housing federation may move the court against City and Industrial Development Corporation (Cidco) for levying transfer charges every time a property is put for sale
Narayana Murthy invests in realty, Azim Premji to follow suit
Sep 04, 2014
Property has always been a major investment avenue of the rich. Now, some of the people one would expect to focus on enterprising ventures are also looking at rent-yielding property
Finally, Chavan okays 2.5 FSI for old buildings in city
Sep 04, 2014
The residents of old and dilapidated buildings have reason to cheer. Chief minister Prithviraj Chavan has given his nod to the long-pending demand for 2.5 FSI on Tuesday, ensuring faster redevelopment of these buildings, constructed by City and Industrial Development Corporation (Cidco)
State ordinance clears hurdles for conversion of land use in Maharashtra
Aug 30, 2014
To ensure that there are no hurdles for conversion of land use from agricultural to non-agricultural, the state government has issued an ordinance amending the Maharashtra Land Revenue Code, 1966
Interest subsidy for low-cost housing to be hiked up to 5%
Aug 21, 2014
Home loans for the underprivileged are set to get more affordable with the government planning a new interest subvention scheme, which will meet part of the home loan burden
Real estate developers offer discounts to push sales
Aug 20, 2014
Property discounts will get real this festival season, after a gap of about two years
Oshiwara is poised for growth in Mumbai
May 21, 2014
MUMBAI: Located between Jogeshwari and Goregaon, Oshiwara is the sovereign destination along with a superlative infrastructure setup and excellent connectivity to all parts of Mumbai.
SC refuses to extend May 31 deadline to vacate illegal Campa flats
May 06, 2014
MUMBAI: It seems to be curtains for the legal battle launched by Campa Cola compound residents to save their illegal flats with the Supreme Court on May 5 declining to extend the May 31 deadline to vacate their aprtments for demolition.
Buy a flat in Mumbai: Check approvals, plans online soon
May 06, 2014
MUMBAI: Mumbaikars will soon be able to make an informed decision before purchasing a house in the city.
Is it time to buy residential property in Mumbai?
Dec 04, 2013
MUMBAI: Here’s good news for those nurturing that elusive dream of owning an apartment in India’s financial capital. Like New York or London or any other blue chip market, Mumbai has thus far remained largely unscathed by a correction in real estate prices. And so, despite a pile up in inventory, a large pull back in demand, plummeting new launches and deteriorating finances of property developers, prices haven’t really come down. But now there are signs of a softening of prices according to a r
Panvel – The Next Real Estate Destination
Oct 04, 2013
MUMBAI: The last born in the family always gets the best in terms of resources, love and also gets the advantage of being parented by more experienced parents. Similarly, in the real estate space in Mumbai, Panvel is now getting the benefit of the following:
BMC property tax collection system down as deadline nears
Sep 18, 2013
MUMBAI: The property tax payment deadline is just 15 days away, but the BMC’s collection system has been on the blink since a week, hugely inconveniencing Mumbaikars. It may take a few more days to be up again.

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