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Jewel in the city’s crown

Mumbai Powai is a residential and real estate hub with immense potential. Very few areas in the country can boast of systematic development like Powai. Though it was always a well-known destination, thanks largely to the Indian Institute of Technology…

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MREAT restrains Emnoy Properties from selling Lonavala project

MahaRERA had on September 5 declined to entertain home buyer Mohammed Zain Khan’s complaint and ruled that the project cannot be registered as it does not have basic development permissions. In a first order of its kind for unregistered projects,…

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Sachin Bansal buys two properties in Bengaluru for Rs 45 crore

The homegrown ecommerce site’s co-founder has inked deals to buy two residential properties in the upmarket locality of Koramangala in Bengaluru for about Rs 45 crore, according to people familiar with the matter. BENGALURU: Sachin Bansal, who came into a fortune…

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Mumbai residential property prices decline 6.8% in 2018: Report

Mumbai Residential prices in Mumbai, the country’s hottest property market, witnessed a nearly 6.8% on-year decline in 2018 owing to sharp 220% rise in supply, showed a Knight Frank India report. The year saw sales volume recording marginal growth of…

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No change in GST rate for under-construction property

After much anticipation, the GST Council has failed to deliver a final verdict on GST applicable on real estate – but how much would it really have mattered? Here’s a Utopian vision – the government would announce a GST rate…

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Sky is the limit

From project mapping in real time to transparency in property marketing – the legalisation of commercial drones in the country holds tremendous potential for the real estate value chain. Here’s what this means for the home-owner. Despite learning about the…

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