Category Archives: Mumbai

With few launches, high property prices and a lot of unsold inventories, some builders have adopted a strategy of availing discounts and reducing the sizes of apartments on offer. A few examples of huge property sales in the recent past …

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HCC Real Estate Limited, the real estate branch of Hindustan Construction Co. Ltd. plans to sell land parcels about 40 acres of land in Pune, nearly 28 acres of land parcel in Thane and around 55 acres of land in …

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  After a complaint was filed by Altaf Lakhdawala of Adorable construction company in the LT Marg Police station, a civil engineer employed in the company, Hizbur Rahman Ansari was arrested on the charges of forgery, breach of trust and cheating. …

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The Maharashtra State Consumer Disputes Redressal Forum ordered the builder who had proposed the development of Paranjape Nagar to pay a total amount of Rs 1.97 Cr. to complaints as compensation.   In this case, as many as 82 people …

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As per a tribunal order issued by the Income Tax Department, dated 7 July 2010, sale of similar flats in a building at drastically varied property rates are indicative of an underhand cash deal. In such a case, the Income …

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As per amendments to Section 56 of the Income Tax Act, which were made by the Union Finance Minister P Chidambaram, if a property is undervalued at say, Rs 80 lakh while the Ready Reckoner (RR) property rate for the …

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Prime Gourmet Private Limited has acquired a contract to help open a chain of Johnny Rockets’ chain of food franchise, as per a franchise agreement. The announcement of the same was recently made by representatives of Johnny Rockets to news …

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As per a report by Knight Frank, a global property company, property prices of luxurious real estate projects are way more cheaper than property rates of places like Monaco and Mumbai. As per this report, during the last quarter of …

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Cities with some of the costliest addresses in India include Mumbai, Delhi and Kolkata. Localities that witness the highest property prices are Luytens Delhi, Altamount Road, Cuffe Parade and Malabar Hills in Mumbai and Alipore in South Kolkata.   Property …

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Soon the property buyers will be able to pay stamp duty for property transactions without wasting time in visiting multiple offices. In order to make stamp duty collection a hassle free and secure method, the state cabinet gave approval to …

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