Property rights are a cornerstone of homeownership, offering individuals the legal authority to possess, use, and manage their private property. For homeowners, understanding these rights is crucial to protecting their investment and ensuring their peace of mind. This blog delves into the essential aspects of property rights that every homeowner should be aware of. What Are Property Rights? At its core,...
The Aditya Birla Group's real estate arm, Birla Estates Private Ltd., which works under Century Textiles and Industries Limited, declared its entry into the Pune real estate market for residential properties. Sudarshan Chemical Industries Ltd. sold the business on 5.76 acres of land in Sangamwadi, a well-known core business sector in Pune (SCIL). The land is situated in a prominent area of Pune and has a...
Ranjit Naiknavare has recently been elected to the Confederation of Real Estate Developers' Associations of India's (CREDAI) new president. Since joining CREDAI Pune Metro more than ten years ago as the managing director of Naiknavare Developers Pvt. Ltd., Naiknavare has been an integral part of the organization's expansion and development. Naiknavare was chosen as the new president at the managing...
Godrej Properties, one of India's leading real estate developers, has announced the acquisition of 4 acres of land in Pune, Maharashtra, to develop a brand-new residential structure. This would be the first luxury property for Godrej Properties in the city, according to Gaurav Pandey, MD & CEO of the company. The developer intends to create an exceptional residential neighborhood that adds long-term...
A high-end residential building has just been unveiled in Mumbai by renowned Indian developer K Raheja Realty Mumbai. The development offers upscale residences with first-class amenities and features. The beginning price for these residential apartments is Rs 1.9 crore, according to the information. This implies that the project is intended for wealthy buyers searching for upscale living options in...
According to the most recent data from the Maharashtra government's Department of Registrations and Stamps (IGR), properties registered in Mumbai city and its environs saw a slight increase of just over 2 percent in January 2023, but a significant decline of 11 percent in February 2023, according to year-over-year figures. The Department of Registrations and Stamps of the Maharashtra government reported...
The Indian real estate sector has expanded quickly in recent years, and several top companies are now working to offer excellent projects across the whole country. Given the abundance of possibilities, picking the finest real estate companies in India could be challenging. In a nation, the size of India, the real estate sector seems to be quite broad and includes a considerable amount of property firms....
Maharashtra Budget 2023 Stamp Duty Cut: Devendra Fadnavis, the state's deputy chief minister, proposed a 1% stamp duty rebate for women. One day after International Women's Day was observed, the Maharashtra government took action that is expected to cut the cost of housing for women in the state. A "stamp duty cut" denotes a decline in the level of stamp duty applied to a specific kind of transaction. A...
"Brickschain's technology enables investors to make fractional investments in real estate assets, turning them into partial owners in our portfolio of real estate." Alok Rai, Chief Operating Officer at Apiary Centre of Excellence at Software Technology Parks of India (STPI), the government of India, declared that this will be the first-ever World’s First Online Real Estate Exchange that will redefine the...
Even if real estate prices are rising, the bull market for luxury homes in India is still going strong. Mumbai, India's most expensive city, saw revenue from property registrations reach a new high in February 2023 at Rs 1,102 cr, according to the Inspector General of Registration (IGR), Maharashtra. This represented a staggering increase in Mumbai property revenue up 79% over February 2022 collections,...
