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Renting a House vs. owning it – Which option will be better?
After celebrating our 36 th anniversary, we have changed up to 15 homes. We matched two important categories, while selecting places for renting. One category is what we desire, such as chimney in the kitchen. Next thing is improvements over the previous house, including covered patio, ...Read More
Go Online and Scan Statewide Records before Buying Land
These days, one can access land records in the state with one click. The Maharashtra government has scanned up to 34 crore records and these will be available online soon under the land record digitization initiative. According to the officials, the purpose of it is to enable checking land ...Read More
4.4 Lakh homes remained unsold in 7 big cities by 2017 end – JLL India
In seven major cities, around 4.4 lakh housing units remained unsold by the end of 2017 out of which 1.5 lakh flats remained unsold in Delhi/NCR only, according to a real estate consultant JLL India. JLL India is expecting stable prices of housing as high number of houses are unsold. In ...Read More
MahaRERA Fined Strict Penalty on 8 Builders in Mumbai
The Maharashtra Real Estate Regulatory Authority or MahaRERA has fined up to Rs. 2 Lakh to Rs. 10 Lakh on 8 realty developers as penalty in Mumbai as they were alleged to promote real estate projects without mentioning the website address of the authority and these are not registered yet ...Read More
Housing Sales to Remain Subdued during Gudi Padwa festival
Housing sales are going to stay slow during the up and coming Gudi Padwa festival as potential investors and home buyers are still worried, according to ANAROCK, a property consultant. During the first 2017 quarter, only 45000 units were sold, while 90000 units were sold in first ...Read More
Supreme Court to auction Unitech’s unencumbered assets to refund buyers
For the leading real estate developer Unitech Limited, there is another cause of concern. On Monday, the Supreme Court announced to auction the unencumbered assets of the realty major. Recently, the apex court sought details of all assets of the company.To relieve the homebuyers at Unitech ...Read More
Homebuyers to Get Big Say in Insolvency Proceedings for Property Developers
Homebuyers might be considered on a par with financial creditors who are unsecured for real estate leaders at insolvency proceedings. The move will be cheerful to those who acquired residences, when adopted, from the companies, such as Unitech, Jaypee Infratech, and Amrapali and they are ...Read More
Minister Hardeep Puri proposes Rs. 60000 Cr. Affordable Housing Project
Hardeep Singh Puri, Union Minister of State for Urban Affairs and Housing admitted that the urban infrastructure of the country was under significant damage. He added that the government was assigned to bring holistic change in the infrastructure development of the country, by covering 12 ...Read More
Cash Payment of Rs. 1.3 Crore to builder lands victim to soup
A complainant Richbond Finvest Services paid Rs. 1.3 crore in cash to M/s Niraj Kakad Constructions at the interest rate of 24%. When they dragged the builder to MahaRERA (Maharashtra Real Estate Regulatory Authority), nobody knew that it would cause trouble to them and land into soup. ...Read More
Hand over Flats or Be Ready for Imprisonment – SC Orders Amrapali Group’s Promoters
Recently, Supreme Court assured flats to thousands of buyers invested in the residential projects of Amrapali Group and ordered the promoters to fulfill their commitment to complete construction in the stipulated time. Failing to meet the deadlines may land them to jail. A bench of juries ...Read More

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