Though launched in 1996, the slum replacement scheme has more or less bombed. Builders have not found the slum spaces attractive enough to build, harvest extra FSI for sale in open market thereby subsidising the rehabilitation, says Mahesh Vijapurkar.
Prices in Mumbai have risen 10 per cent in the January-March period.
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According to the regulator, a large number of complaints relate to calls or messages received by consumers on behalf of banks, insurance companies and builders.
This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.
Louvre Hotels Group, which announced the opening of its first 'Royal Tulip' in Navi Mumbai in partnership with city-based Concrete Builders, on Monday said it is eyeing around 50 properties with about 5,000 rooms by calendar 2015 under its various brands.
Many bahubalis have fielded their wives and relatives as proxies.
Congress leader Rahul Gandhi on Saturday said Mayawati government was more sympathetic towards "rich builders" than poor farmers and charged Bharatiya Janata Party, Samajwadi Party and Bahujan Samaj Party with only serving their respective "vote banks" when in power in Uttar Pradesh and ignoring the common man.
The long-pending legislation that seeks to protect home-buyers from fly-by-night developers is likely to be sent to the Union Cabinet for its approval during the Winter Session of Parliament.
Provisions of long-term capitals gains tax is now applicable after only two years.
Shipping: Policy to increase India flagged tonnage soon
Gangster-turned-builder Ashwin Naik was on Monday arrested in a death threat case soon after he was sent to judicial custody by a court in an extortion case, police said.
At 35, Karuna Swami is in the best shape of her life and fitness is both her career and her passion. In an interview with rediff.com, she discusses how a super-fit mother of six inspired her, why Indians have no commitment to their health and how looking like a celeb is not the be-all and end-all of exercise.
Housing sales dipped by more than half in the first quarter of 2012 in Mumbai and national capital region due to high prices and uncertain economic conditions, and a continued downtrend could force builders to sell homes at up to 20 per cent cheaper rates, says a report.
The buy/sale agreement between the two parties is back in focus.
Keki Mistry, vice chairman and CEO, HDFC tells Joydeep Ghosh and Chirag Madia that unlike some other players it never went for excesses and never took unreasonable risks.
Fadderbaba is a stark look at the tragedy that rules the lives of tribals in rural India, says A Ganesh Nadar.
While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it's been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban.
Former Vice Chief of Indian Army Lt Gen Nobel Thamburaj and two others were on Tuesday booked by the Central Bureau of Investigation on charges of criminal conspiracy, cheating and misconduct in an out of court land dispute settlement to benefit a private builder to the tune of Rs 46 crore.
Former Vice Chief of Indian Army Lt Gen Nobel Thamburaj and two others were on Tuesday booked by the Central Bureau of Investigation on charges of criminal conspiracy, cheating and misconduct in an out of court land dispute settlement to benefit a private builder to the tune of Rs 46 crore.
Onus of paying the home loan is on the buyer.
The sessions court in Mumbai on Thursday acquitted D K Rao, alleged trusted lieutenant of fugitive gangster Chhota Rajan, in an attempt-to-murder case.
Burgeoning demand for spacious people movers in India has led Ashok Leyland, a medium and heavy truck builder, to plan on developing a utility vehicle to take on the likes of Toyota Innova, India's largest selling multi-seater personal vehicle.
Thane police arrested Kaskar two days ago in Mumbai in a case of extortion.
'It's a moot point if Kailaasa will ever evolve beyond being a haven for a fugitive from justice,' notes Devangshu Datta.
While Indians don't buy property during May-September due to the holidays/rains/ religious reasons, buyers should scout for property now.
The film is about a body builder who intends to rule the underworld. What could have been the action film of the year, leaves one cold.
If you're in the market for a new home, now may be the perfect time to make your purchase. But, before making an investment for lifetime, there are many factors that come into play and much to be considered.
He said action was akin to holding highway builders responsible for lane violations
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
DOIT is a 100 per cent subsidiary of Morgan Credits in which Rana Kapoor's daughters Radha, Roshini and Raakhe, are directors. In 2018-19, the company incurred a net loss of Rs 48.76 crore on revenues of Rs 59 crore - a sharp contrast to 2017-18 when it had profits of Rs 2.7 crore on revenues of Rs 43 crore. To fund these aggressive investments into its subsidiaries in 2018-19, DOIT used debt which doubled to Rs 600 crore in 2018-19 from the previous year.
These places are best suited for retirement in India, in terms of it's proximity to the city, medical and infrastructure facilities, good location with interesting local activities and places to explore, safety and a cosmopolitan outlook with low cost of living.
'This is for the first time home loan rates have dropped below 7 per cent,' notes Tamal Bandyopadhyay.
Real estate firms are facing a cash crunch because of low sales, increasing inventory costs and higher cost of funds.
A social watchdog has expressed concern over the fact that 25 per cent of the Lok Sabha members of Parliament belong to the category of industrialists, traders, businessmen and builders, saying that this can cause a potential of conflict of interest.
The bodies of eight city-based builders, who were among 19 killed in a plane crash in Nepal on Sunday, were likely to be brought here on Wednesday with the relatives of the victims identifying them at a hospital in Kathmandu.
'This time around, I want to work on this. I want to continue the kind of form I have started in till the end of the tournament'
The situation in the temple town of Puttaparthi is expected to be tense with a huge protest march being planned against the alleged irregularities in the Shri Sathya Sai Central trust.
The yesteryear actress was spotted on her way to meet RR Patil, over a dispute between builder Yusuf Lakdawala and her.
Bought or sold property? There is a good chance the Income Tax (I-T) department will raise queries about it. While the possibilities of illegal transactions abound in such deals, the department's scope for availing documentary evidence through registrars and builders is also quite high. Therefore, a mismatch in the information filed could give rise to your account being scrutinised.
'The sapling that I planted has turned into a fully grown tree and is now giving flowers and fruits for us.'
