INDIAN NEWS & TIMES

Thursday, February 22, 2018

PricePoint is primarily for Individuals looking to buy a new property and sellers of resale-properties. It helps consumers freely access close to 20,000 property transactions in Bangalore on a google map based user-friendly interface. This feature allows the consumer to effortlessly view properties in 1 to 2 km radius with details such as super built up area, floor, number of car parks, terrace area, etc. and arrive at an idea [...]

Categories: Real Estate

Raheja Universal’s Raheja Exotica – The Ocean City, Madh Island,bagged 2 awards at the 57thAnnual Vegetable, Fruit and Flower show, organized by the National Society of the Friends of the Trees, on 3rd Feb, 2018, at D.G. Ruparel College of Arts, Science, Matunga. Raheja Exotica – Sorento, set in the midst of a township project developed across 31 acres in Madh Island offers fresh grandeur, breath taking beauty and serenity. [...]

Categories: Real Estate

“The thrust of the budget on rural India,  infrastructure,  health care is positive. The budget unfortunately once again neglects the distressed real estate sector. While the finance minister has recognised the challenges around the anomaly between circle rates and actual consideration the difference of 5% is inadequate. This should have been at least 10%. The introduction of long-term capital gains tax on equities however will be positive for real estate. Typically [...]

Categories: Real Estate

2017 was certainly a year of change with the implementation of several reforms which brought in consolidation and transparency in the sector. In 2018, we look forward to a budget with amendments that will boost growth of the economy and that of the realty industry. Certain key areas like industry status to the full real estate industry, streamlining taxation norms for REITs, rationalisation of GST, stamp duty reduction/uniformity and implementation [...]

Categories: Real Estate

AU Small Finance Bank (AU Bank) [BSE: 540611; NSE: AUBANK], a Fortune India 500 Company, today announces their reentry into Housing Finance segment. AU Bank had earlier (as Au Financiers) built a successful housing franchise under its wholly owned subsidiary. The company will be offering various products and services at very competitive rates to their customers to address their housing finance needs which includes purchase / construction of new house, [...]

Categories: Real Estate

The cleanliness survey by the Brihanmumbai Mahanagar Palika, part of the larger Swachh Bharat Abhiyaan has certified K Raheja Corp’s premier residential offering Vivarea in Mumbai – Mahalaxmi as the ‘Best Residential Complex’ of E Ward (Mumbai). Vivarea is also the first residential tower in South Mumbai to have been awarded the Gold Green Home certification and sees practices such as solid waste management, raw materials, rainwater harvesting, power conservation [...]

Categories: Real Estate

Set to be the first in line of projects under “Affordable Luxury”, Avant Heritage today handed over keys to 80 residents of their brand new 1 and 2 BHK homes. The Avant Heritage complex is among the first in Mumbai where sub-1 crore homes have their own dedicated gym, swimming pool, club house, pool side café, children’s play area and more in a dedicated effort towards enabling middle class masses [...]

Categories: Real Estate

2017- The year gone by  : As we bid goodbye to 2017, here we review a series of landmark reforms that the country witnessed during the year. Demonetization made a huge impact on various sectors,including the real estate industry. It has brought about transparency in transactions which have helped to strengthen relationships between the developers and buyers. It brought about an increase in fund inflows in the banking sector forcing RBI [...]

Categories: Real Estate

2017 will go down in the history of Indian real estate as the year that changed the sector forever. Never in the history of Indian real estate have so many major events taken place within such a short period of time. The year started in the aftermath of demonetization with wild speculation and predictions that prices would correct 30% to 40% across the country. This as expected put a stop [...]

Categories: Real Estate

K Raheja Corp, one of India’s leading real estate conglomerates, announces the launch of‘Maxima’ – Tower-13 at Raheja Vistas Premiere, Off NIBM, Pune. This meticulously designed suburban dwelling in Pune showcases the uncompromising, fascinating and zest to ‘Live Large’.  Tower 13, christened Maxima comes in close succession to the completion of 2 towers – Eternia and Empiria consisting of 300+ residences offering outstanding amenities at one of the most coveted locations in Pune, NIBM. [...]

Categories: Real Estate

Nirvana Realty, the largest player in Maharashtra’s weekend-homes market, has created some of the most sought-after properties around Mumbai. Its projects in Wada, Lonavala and Malshej Ghats have redefined affordable luxury living. Popular personalities and celebrities call Nirvana’s townships their weekend abode. Nirvana now gives everybody the opportunity to live like the stars with its unbelievable limited period offer of owning not one, not two but three of its sprawling holiday properties at just Rs. 49 lacs! Nirvana Realty [...]

Categories: Real Estate

An industry led academic institution, which delivers specialized undergraduate and post graduate courses to students aspiring to work within real estate, construction & infrastructure sector, has partnered with Propstack, India’s leading Real Estate data, analytics and workflow solutions platform to introduce Real Estate Data & Technology, as part of the curriculum of RICS SBE, Amity University.           This partnership will not only enable RICS SBE to impart [...]

Categories: Real Estate

Nirvana Realty, the largest player in Maharashtra’s weekend-homes market, has created some of the most sought-after properties around Mumbai. Its projects in Wada, Lonavala and Malshej Ghats have redefined affordable luxury living. Popular personalities and celebrities call Nirvana’s townships their weekend abode. Nirvana now gives everybody the opportunity to live like the stars with its unbelievable limited period offer of owning not one, not two but three of its sprawling holiday properties at just Rs. 49 lacs! Nirvana Realty [...]

Categories: Real Estate

Sheth Group by Mr Ashwin Sheth is a prominent real estate developer in Mumbai and Thane. Sheth Zuri Phase 2 (MahaRERA No- P51700007274), their recent offering on Thane’s Platinum Belt which launched on 18th November 2017, received an incredible response from homebuyers. Within two days of the launch, the project has sold over 100 units, and the group is still witnessing active walk-ins and inquiries. In their endeavor to provide [...]

Categories: Real Estate

My Liveable City, an international magazine focused on informing and educating people on the concept of liveable cities kicked off a conference titled ‘Affordable Housing, Liveable Cities’ in Mumbai today. The conference aims to showcase best practices from India and abroad, presentations by international stalwarts and provocative discussions among Indian experts drawn from private equity, financial institutions, builders, developers, designers and policy makers. Experts from the fields of real estate, [...]

Categories: Real Estate

DuvilleEstates has announced its ‘No EMI scheme’ in association with HDFC Ltd. starting November, 2017 through January, 2018.  This scheme will be valid for a limited period of 3 months to customers looking to book either a 1 BHK or 2 BHK flat in Duville Estates’ project Riverdale, located in Kharadi, Pune. This scheme allows clients a hassle free buying process with just 5% of the value and stamp duty [...]

Categories: Real Estate

Gera Developments, with a track record of over 47 years and one of the pioneers of the real estate industry as the creators of premium residential and commercial projects in Pune, Goa & Bangaloreformally inaugurated EVOLVE, first-of-its-kind initiative in the realty sector, an edu-infotainment center of the award winning ChildCentricTM Homes by Gera Developments at the hands of GM Viswanathan Anand (five times world champion). Evolve will house Viswanathan Anand Chess Academy for [...]

Categories: Real Estate

IRB Infrastructure Developers Ltd. (IRB); India’s leading and one of the largest highways infrastructure developers, today announced its unaudited financial results for the second quarter of FY18. While commenting on the occasion, Mr. Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Ltd. said, “Q2 and first half performance is  encouraging as it set robust pace for coming quarters andinvolved major developments. We tied up Rs. 1,461 Crores Project [...]

Categories: Real Estate

As an extension to its commitment to provide a world class lifestyle, righthere in Gurugram,; DLF5, today, organized the 3rd edition of Golf Championship between the residents of The Aralias and The Magnolias. The day started with the players registering themselves at the Pavilion and warming up at the in-house academy followed by a 15 minute briefing session. The event took place at the prestigious Gary Player course in The [...]

Categories: Real Estate

Just4uloan, India’s fast emerging private sector financial intermediary and a leading online loan syndication portal, announced today, launching of its ten new branches by Non Executive Chairman Shri Jayesh Kala. As a consequence we shall have our presence across the length and breadth of the Country and introduce “Just4uloan” brand and our products and services to the enterprising residents and business communities of this vibrant region, said Shri Krishan Kumar [...]

Categories: Real Estate