Author Archives: Jogin Valson

Shapoorji Pallonji Real Estate eyes Rs 400 crore sales from new housing tower in Bengaluru | Money Control The company has launched a tower named ‘CEDAR’, comprising 225 apartments, in its 46-acre residential project Parkwest in Bengaluru, Shapoorji Pallonji Real Estate said in a statement. Shapoorji Pallonji Real Estate is targeting sales of Rs 400 […]

Mumbai records 21% yearly growth in property registrations in June : Report | Live mint NEW DELHI: Property registrations in Mumbai city (BMC area) rose 21% year-on-year to 9,525 units in June, contributing over ₹697 crore tostate revenues, according to real estate consultancy Knight Frank India. The number of units registered in June was the best […]

Real estate prices rise 5-9% as home loans continue to be affordable: Report|Money Control The price rally was sharpest for Pune and Chennai, at 9% (YoY) each respectively; Delhi-NCR sales down by 10% The rise in input costs, inflationary pressures and premium attached with ready-to-move-in inventory has led to a 5-9 percent hike in the average […]

27 years on, homebuyers to get 7 times the price of undelivered flats – Hindustan Times Mumbai: About 27 years after they booked flats in a residential project at Kopar Khairane in Navi Mumbai, two residents of Lokhandwala will receive amounts equal to seven times the price of the flats as the builder failed to […]

No NOC from the housing society is needed to sell or rent flats in Mumbai, says Minister Jitendra Awhad – The Free Press Journal. Awhad said Mumbai has been a leading cosmopolitan city across the world and if an owner is not allowed to sell or rent his or her flat to a particular caste, […]

Hiranandani brothers divide Rs 20,000-crore realty assets – India News “The brothers have divided 90% of the assets while they would continue to hold 10% of assets jointly,” said sources in the know. By Raghavendra Kamath After running the company for 40 years, the billionaire Hiranandani brothers – Niranjan and Surendra – have divided their […]

Oberoi Realty acquires 4.2-acre land parcel in Mumbai’s Bhandup suburb – ET Realty Realty developer Oberoi Realty has acquired an over 4.2-acre land parcel on LBS Marg in Mumbai’s central suburb Bhandup for Rs 115 crore. The developer has acquired the property through one of its subsidiaries Oberoi Constructions. The company has acquired the land […]

Lapsed projects in Maharashtra can be extended after hearing – ET Realty The authority recently put out a list of 3,371 projects that had expired, and promoters had not applied for extension and not uploaded Form 4, which is the certificate from the architect on completion of the project. MahaRERA has 30,668 registered projects of […]

Realty projects sell out in days over low-interest rate, IT hiring – Business Standard News Godrej Properties sold record 340 apartments worth Rs 580 crore in the second phase of the Noida project Record low home loan interest rates, strong hiring, and salary growth in the IT sector have led to developers advancing launches to […]