With the lockdown looking at yet another extension, lease rentals between Rs 250 and Rs 300 a sq ft per month may come under pressure as per property experts. The rents could decline by at least 20% to 30% as companies cut costs and retrench employees. Corporates occupying large floor plates may ... Read more...
In view of a huge backlog of cases at the NCLT, the government will start identifying benches to specifically deal with insolvency and Companies Act-related matters, an official in the corporate affairs ministry said on Saturday. In this regard, the ministry will start with the NCLT benches of De... Read more...
Realty+ Project of the Day Blue Fortuna by Atul Projects India Pvt. Ltd. Location: Marol Military Road, Marol, Andheri East, Mumbai Blue Fortuna is an iconic project that offers a complete lifestyle with an elegantly planned layout. The ground level is surrounded by greenery that adds ... Read more...
May 2020 ,
by Realty Plus in Latest News
Sai Estate Consultants Chembur Pvt. Ltd. (SECCPL), a leading real estate consultancy firm from Mumbai, has introduced #SaiKaPartner, a one-of-kind campaign that connects the real estate ecosystem virtually to encourage consumers to up-skill and be self-employed. Anyone can become #SaiKaPartner by... Read more...
May 2020 ,
by Realty Plus in News/Views
Luxury residential market of Mumbai is likely to see a price decline of 5% in the year 2020 owing to the impact of Covid-19 on luxury residential property markets around the world. For the year 2021, Mumbai’s prime residential prices are expected to witness an additional decline of 3%, showed data... Read more...
May 2020 ,
by Realty Plus in News/Views
There’s been a role reversal during the coronavirus era, with malls now offering their tenants buy-now-pay-later deals. Brigade Malls in Bengaluru is extending a 50% rebate on rent to its tenants from mid-March until its two malls reopen. Phoenix High Street Mall in Mumbai is giving retailers the ... Read more...
May 2020 ,
by Realty Plus in ALLIED
CKP Co-operative Bank, which bit the dust on May 2, has nearly 97 percent of Gross Non-Performing Assets (GNPAs), a lot of which are loans given to small and mid-sized real estate developers. Over the years, CKP Bank had built its business by lending to mostly small and mid-sized real estate develop... Read more...
May 2020 ,
by Realty Plus in Interviews
Authored by Shailesh Puranik, Managing Director, Puranik Builders Pvt Ltd Nestled in Sahyadri hills, Pune is a metropolis with a pleasant climate and good infrastructure, offering a quality lifestyle for all -- from young and old to homemakers and office goers to entrepreneurs. With several IT ma... Read more...
Apr 2020 ,
by Realty Plus in ALLIED
Bhartiya Jain Sanghatana, Desh Apnayen & CREDAI MCHI have collectively in association with MCGM have taken initiative to start Mobile Dispensary Seva Vans in Mumbai. To begin with 5 mobile seva vans were kick started on April 28 at NSCI Worli which was inaugurated by Hon’ble Mayor Smt. Kishori... Read more...
Dec 2019 ,
by Realty Plus in News/Views
Mumbai and Delhi - two metropolises that drive India’s economy and politics, but have little in common. There are several differences in the real estate profiles of NCR (National Capital Region) and Mumbai Metropolitan Region (MMR) that are as distinct as the cities themselves. While Mumbai sco... Read more...