By Accommodation Times (www.accommodationtimes.com) A survey conducted by 99acres.com, India’s biggest real estate portal and YouGov, an international internet-based market research firm. Delhi along with Patna, Kanpur and Meerut emerged as one of the most unsafe city in the country. Chandigarh, Vadodara and Shimla emerged as the safest cities in the country. Delhi appears in the top five rankings in… (more…)
By Accommodation Times (www.accommodationtimes.com) Civic body owns 3500 properties across the city and Rs.17crore rent in arrears Pune:Recently, the Pune Municipal Corporation (PMC) has decided to taken some robust moves against the tenants those have been occupying its properties without paying rent. According to the decision of PMC tenants will be barred to stay by the end of the current… (more…)
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Mumbai: The Congress-led Democratic Front (DF) state government has opposed to the real estate regulatory bill which has been proposed by the central government. The administration department of state government has expressed reservations on the provisions of the bill at an inter-state meeting to discuss recommendations submitted by a committee on Centre-state relations. The meeting at the Sahyadri guesthouse at… (more…)
Mumbai: According to the recent reports country’s flamboyant real estate market has dropped by 70% and that is Mumbai since its peak of 2007. As the high-rise property prices and rising interest has ruined the property market, market experts said. The report further said that, “unsold inventory levels are estimated to be approximately 27% of the under-construction stock. Also, the… (more…)
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Lalit Kumar Jain moots single window clearances, transparency MUMBAI, November 28th, 2011: Putting forward a model bill for single window clearance of realty projects, CREDAI (Confederation of Real Estate Developers’ Associations of India) strongly advocated a comprehensive Real Estate Regulatory regime. Dismissing the draft regulatory bill prepared by the government as “’Public Amusement and Developers Harassment Bill”, CREDAI National President… (more…)
MUMBAI, November 28, 2011 – Morgan Stanley (NYSE: MS) today announced the appointment of Shirish B. Godbole as India Head of Morgan Stanley Real Estate Investing (MSREI), the Firm’s global real estate investment management arm. Based in Mumbai, Mr. Godbole starts his new role today. The appointment marks the return of Mr. Godbole to Morgan Stanley. He first joined the… (more…)
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By Chhaya Dhuri The Consumer Protection Act, 1986 (the CPA 1986) is a Central Govt. Act applicable in all states of India, to provide for the protection of the interests of consumers and settlement of consumers’ disputes. ” Jaago grahak Jaago” is one of the Logo to wake up the consumer to fight against their grievance. Housing is covered under… (more…)