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NCLT Rules Against Wadhwa Buildcon Plan for Flaws and Wilful Default - Key Irregularities Lead to Plan Rejection

The Mumbai NCLT invalidated Wadhwa Buildcon's promoter's resolution plan. The resolution professional (RP)'s suspicious conduct and the promoter's willful default status revealed the decision.

By Admin

  • 27th Mar 2024
  • 1131 Views
Mumbai Leads the Surge in Luxury Home Prices in India

According to the Prime Global Cities Index, Mumbai, Delhi, and Bangalore have higher housing prices. Buyers are increasingly choosing property investments to better their lives.

By Admin

  • 24th Mar 2024
  • 1134 Views
Tiger Shroff Buys Luxury Home in Pune

Star Tiger Shroff bought a 7.50-crore Pune house. Real estate database site says Shroff bought this in March 2024. Actor paid 52.50 lakh rupees in stamp duty for this property.

By Admin

  • 24th Mar 2024
  • 1140 Views
In a First, MahaRERA Orders Cancellation of Sale Agreements Due to Non-Payment by Homebuyers

Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the termination of sale agreements between a developer and purchasers who missed payment deadlines in an unprecedented action.

By Admin

  • 23rd Mar 2024
  • 1141 Views
A New Trend Among the Affluent in Mumbai - Luxury Vacation Homes

Mumbai's elite are finding luxurious getaways in peaceful, scenic areas within a short drive from the city. For seclusion and exclusivity, they visit Alibaug, Goa, Lonavala, Khandala, Panchgani, Karjat, and Pawna Lake. Buyers are purchasing villas and property to create calm, luxurious getaways.

By Admin

  • 21st Mar 2024
  • 1137 Views
Revolutionary Proposal by MahaRERA for Developer Accounts For Safeguarding Homebuyers

A new MahaRERA initiative protects homebuyers in an unprecedented step. It requires housing project developers to have three accounts in one scheduled bank to promote discipline, efficiency, transparency, accountability, and equality in financial activities.

By Admin

  • 21st Mar 2024
  • 1143 Views
Holiday Home Real Estate Development in India Booms As Demand Increases

Following the epidemic, second homes in India have become more popular as people flee polluted cities and regard them as great investments. In Himachal Pradesh and Uttarakhand, Jim Corbett, Rishikesh, Nainital, and Kasauli are popular vacation rental destinations.

By Admin

  • 18th Mar 2024
  • 1146 Views
Surge in Indian Housing Prices Reflects Growing Market Confidence as 2024 Unfolds

Bengaluru, Delhi NCR, and Kolkata have witnessed house costs rise 20% in the previous two years. These locations saw a 30% price spike from 2021 to 2023 due to strong demand for mid- and luxury homes, according to Colliers.

By Admin

  • 10th Mar 2024
  • 1146 Views
Homebuyers Advocate for Stronger RERA Monitoring

Dedicated Monitoring Unit RequestThe Ministry of Housing should create a body to manage all state Real Estate Regulatory Authorities, according to a national homebuyers association. This suggestion was presented at a meeting with the Ministry of Housing and Urban Affairs.

By Admin

  • 9th Mar 2024
  • 1147 Views
Discover New Projects with MagicHomes by Magicbricks

Magicbricks has introduced MagicHomes, a fresh way to help you find the latest housing projects across India's big cities. Whether you're looking in Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, Pune, Ahmedabad, or Chennai, MagicHomes is here to make your search easier.

By Admin

  • 6th Mar 2024
  • 1158 Views
Experience the Future of Lighting - Discover the New Philips Smart Light Hub

Signify, the global lighting leader, officially launches the Philips Smart Light Hub in New Delhi. This unique business is an Experience Centre that provides a complete shopping experience. Signify is transforming lighting into an immersive and interactive experience.

By Admin

  • 27th Feb 2024
  • 1152 Views
Accelerated Approval for Wave City Project Aims to Secure Homes for 3,000 Buyers

In a decisive move to expedite the allocation of houses to approximately 3,000 buyers, a high-powered committee led by the chief secretary has directed the Ghaziabad Development Authority (GDA) to fast-track the approval of the Detailed Project Report (DPR) for Wave City.

By Admin

  • 19th Feb 2024
  • 1167 Views
How Are Real Estate Influencers Shaping the Future of Property Marketing in India?

In the dynamic world of social media, real estate influencers have changed how Indians interact with real estate. These individuals have transformed online real estate discussions into entertaining, instructive, and community-oriented discussions.

By Admin

  • 16th Feb 2024
  • 1176 Views
Can The Branded Rental Villa Market in India Redefine Luxury Living?

Branded rental villas are leading the Indian hospitality industry's change. According to a professional analysis, this growing business was worth $329.6 million in 2023 and is expected to reach $1377 million by 2028, growing at over 33% annually.

By Admin

  • 16th Feb 2024
  • 1157 Views
County Group Unveils a Rs 5000 Crore Ultra Luxury Housing Project in Noida

County Group, a leading Delhi NCR real estate developer, is raising the bar for luxury living with its Rs 5,000 crore investment plan. The company will build Ivory County, a premium home project in Noida, over five years to provide an unmatched living experience.

By Admin

  • 14th Feb 2024
  • 1175 Views
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