News

Indian Film actor and living legend Amitabh Bachchan has bought a duplex apartment spread over 5,184 sq ft in an under-construction project Atlantis in Mumbai’s Andheri suburb for Rs 31 crore. The deal, which attracted stamp duty of Rs 62 lakhs, was finalised in December and was concluded recently.

In the backdrop of the disruption caused by Covid-19, the government will look into the demands of the real estate industry, including an extension of project completion timeline by 6-9 months and extension of building permissions secured already as per Ministry of Housing and Urban Affairs.

ASK Property Investment Advisors (ASK PIA) has invested in an upcoming real estate project in Pune in Baner locality spread on a 16 acre land parcel. This project is being developed by Kalpataru and will comprise of 1,200 residential units with a saleable area of approximately 1.9 million sq ft.

Macrotech Developers (Lodha Group) has got permissions to develop a massive integrated township covering more than 1200 acres close to Navi Mumbai.

This new residential project in Borivali West will bring almost 1 million square feet of development on the table for Sunteck Realty. The approximate revenue to be churned in the next four to five years is estimated to be somewhere close to INR 1700 Crores and beyond.

Piramal Group increased its initial bid for Dewan Housing Finance Corporation by around INR 2,000 crore more while the United States headquartered asset management company Oaktree Capital upped its initial offer by INR1700 crore more.

One of the major reasons for this big step is to raise funds from the market to decrease its current debt and accelerate its growth in the coming days and months and years.

Purva Clermont could surely be the right luxury real estate project that property buyers in Chembur have been waiting for. With the right location, a superb developer and phenomenal planning, Purva Clermont looks like a winner all the way indeed.

Oberoi Elysian Goregaon East is the new luxury residential construction by Oberoi and has been eagerly awaited by many luxury home seekers and property buyers for many months.

Mumbai Residential Property Registration Jumps Back to Normal After Stamp Duty Reduction

The ultimate Sea View Luxury Apartments in Goa - Prestige Ocean Crest can be one of the best new projects to invest in Goa today.

To boost real estate sales and increase bookings in under construction projects, there is a waiver on stamp duty announced by real estate developers. This step has been decided along with the Western Region Chapter of Naredco which happens to one of the biggest real estate associations in India.

Real estate activity in Dubai increases as Dubai property prices go as low as they were 10 years ago. If you do not capitalize as a real estate investor in Dubai now, you will miss a very good chance indeed.

Gulshan Dynasty, a luxury project in Noida won the Luxury Project of the Year-North India award at a virtual award ceremony organized by The Economic Times.

The stamp duty reduction on property purchases from 1st September to 31st December in Maharashtra could be the elixir that the Maharashtra real estate sector is searching for.