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Maha moves to make redevelopment projects more viableIn an effort to revitalize Mumbai, the Maharashtra government is initiating a series of amendments to the city's development regulations. T...
Keystone Realtors secures rights for Rs 3,000-cr cluster redevelopment in Mumbai’s AndheriKeystone Realtors, operating under the Rustomjee brand, will redevelop eight housing societies in Andheri West, Mumbai. The project covers ...
MHADA appoints Rustomjee to redevelop Sindhi refugees buildings in Mumbai's SionMHADA has appointed Keystone Realtors to redevelop 25 buildings in Mumbai's Guri Teg Bahadur Nagar, aiming to rehabilitate over 1,200 famil...
Mahindra Lifespaces inks pact for redevelopment project in Mumbai’s Andheri suburbMahindra Lifespace Developers Ltd. has secured its fourth redevelopment project in Mumbai, valued at around Rs 950 crore. This project, loc...
MICL Real Estate acquires development rights of 10 housing societies in Mumbai’s GhatkoparThe company has acquired the rights to redevelop these housing societies through its subsidiary MICL Creators LLP wherein it holds 60% part...
Prestige Estates inks pact for 1 million sq ft redevelopment project in Mumbai’s WorliThe Shivshahi society redevelopment project involves 192 tenements spread over 3.3 acres opposite the GlaxoSmithKline Pharmaceuticals prope...
GST 2.0: Ideas to improve indirect taxationWhile the implementation of GST in India has been commendable, the time is ripe for the government to take note of some of the challenges w...
PMC bank fraud: Enforcement Directorate attaches HDIL group's shares worth Rs 233 croreThe agency has filed a money-laundering case to probe the alleged loan fraud in the Punjab and Maharashtra Co-operative (PMC) Bank in Octob...
Maharashtra realtors seek extension of development fee concessionsIn the state’s capital of Mumbai, the country’s biggest property market, on an average more than one-third of any real estate project’s cos...
L&T Realty plans alliance with DB Realty for Malad Housing ProjectAs per the agreement terms, L&T Realty and DB Realty will share space developed in 60:40 ratio. DB Realty, as the landlord, will be respons...
Maharashtra RERA: No advertisement expenses in construction costsAmended RERA rules ensure there is more money available for completion of projects.
Legal shield in the works for foreign investmentsThe law is aimed at promoting and protecting foreign investments and will spell out the rights of foreign investors and remove the grey are...
DIPP defines manufacturing for FDI; Companies producing here free to sell onlineThe move is expected to boost Prime Minister Narendra Modi’s ‘Make in India’ initiative, which is aimed at spurring the manufacturing secto...
FDI reforms: Sensible, even if incrementalIrrational rules must go as India needs inflow of capital that comes with technology and expertise. The fund-starved construction sector se...
DB Group's hospitality arm, Sheth Creators in joint venture talks for south Mumbai projectBesides this project, DB Realty is also holding talks to enter into a joint venture for executing the Bandra MIG colony redevelopment.
Vasant Oasis buyers file complaint against developerThe buyers have also made a nominee director of MSREI, financial partner in the project, a party to their petition, which has now been admi...
Consumer activism: Buoyed by social media and pro-consumer courts, homebuyers take on errant buildersA decade or two ago, since the real estate industry was small, segmented and unregulated, unscrupulous builders could act with impunity.
Attrition is a concern, but we are not losing talent to anyone: HCL Tech CEO, Anant GuptaHCL Tech met Street expectation on revenue growth. However, rising attrition rate, slower growth in Europe have raised performance concerns.
- Bring incentives for real estate first: Realtors tell finance minister
Acting on Chidambaram's advice asking realtors to download unsold stock at discounted prices, Credai has offered him a counter advice; firs...
- Maha govt new regulations to hurt margin of Mumbai-based realty developers
The additional FSI will be allowed at 60%, 80% and 100% of the ready reckoner rates for residential, industrial and commercial projects, re...