In a major judgment, the Maharashtra Real Estate Regulatory Authority (MahaRera) has disallowed a carrying out the construction of an additional floor without the consent of the buyers who already bought flats in the building. The ruling is significant, as builders over the years modified plans a... Read more...
Maharashtra Housing Minister Jitendra Awhad’s bid to fix the rent paid to slum dwellers living in transit during redevelopment between Rs 8,000 and Rs 12,000 has faced strong opposition, including some from within the NCP. About 370 SRA projects are presently stalled for want of liquidity. Earl... Read more...
Jul 2020 ,
by Realty Plus in Latest News
The Pandemic Has Thrown Life Out Of Gear For Many Professionals. Salary Cuts, Job Loss And Fear Of Catching The Virus Is Driving Urban Professionals From Indian And International Cities Back To Their Towns And Villages. Realty+ Looks At How This Reverse Migration From Blue Collared To White Collared... Read more...
The Greater Noida authority said it will not levy any penalties on property allottees who failed to register flat, group housing project, or plots between March 22 and May 31, 2020, due to the coronavirus disease (Covid-19) pandemic and the subsequent nationwide lockdown. The authority has also give... Read more...
May 2020 ,
by Realty Plus in INTERNATIONAL
Home prices are holding up during the coronavirus pandemic despite lockdowns. The most recent sign of resiliency comes from the Teranet-National Bank House Price Index for April, a composite of 11 major markets, is up 5.3 per cent from a year earlier. It’s up 1.3 cent compared to the previous mont... Read more...
May 2020 ,
by Realty Plus in ALLIED
360 Realtors has clocked revenue of INR 185 Crores in the last fiscal year, growing by 22% when compared to the fiscal year 2018-2019. The company has ended the previous FY on a high note, selling 7168 units with a Gross Transactional Value (GTV) of INR 4,446 Crores. During FY 2018-19, it sold aroun... Read more...
May 2020 ,
by Realty Plus in EXPERT ZONE
Anuj Puri, Chairman - ANAROCK Property Consultants The security of owning a physical asset during a coronavirus-like crisis now combines with a rising aversion to high-risk investments. As a result, the demand for residential real estate has increased. Millennials are key demand drivers, their pr... Read more...
Apr 2020 ,
by Realty Plus in Interviews
By Dinesh Panwar, Principal Architect, Urbanscape Architects. As the Principal Architect of Urbanscape, Dinesh believes in positioning himself using an anchor, in the design process from the very beginning. Doing away with a blinkered conception, he deems to explore the unknown. He founded Urbansc... Read more...
Apr 2020 ,
by Realty Plus in News/Views
Total 78,000 homes or around 12% of total unsold residential inventory across top seven property markets in India as on March end are ready to move in apartments. This total stock of unsold ready homes is worth about Rs 65,950 crore, showed data from ANAROCK Property Consultants. Of these ready a... Read more...
Jan 2019 ,
by Realty Plus in Latest News
The debt-laden IL&FS group has further put up its properties for sale to harvest funds in order to settle loan dues. It has invited bids from interested buyers for across India. Properties on sale include a 1,376 square feet residential property located at upscale Malabar Hill besides three co... Read more...