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New amendments to model concession agreement can give fillip to highway projects
Q: How will the new amendments to the model concession agreement affect highway projects?

highway projects
bot
real estate news in mumbai
new concession pact
mca
new amendments to model concession agreement
Latest Answer: Earlier it is also observed that no penalties have been charged on the awarding authority in such cases. Almost half the projects awarded between 2011 and 2013 had to be terminated because of delays in land acquisition and other clearances.
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Sunteck Realty desirous to buy distressed assets from competitiors
Q: Sunteck Realty, whose clients include Bollywood celebrities, is desiring private equity funds to buy distressed assets from competitor running under debt.

luxury homes
private equity fund
real estate news in mumbai
sunteck realty ltd
distressed assets
debt assets
Latest Answer: Very clever sign of business. The company's funds are chasing commercial properties more for better returns, and Sunteck may look to double the share of its office and retail assets to about 40% and cut residential assets from 80% if there is increased demand.
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MMRDA launches bids for Smart BKC project
Q: Good news for Mumbai!!!! In a year's time, the business district of Bandra-Kurla Complex will probably become India's first mini Smart City

mmrda
smart bkc project
real estate news in mumbai
bids for smart bkc project
Latest Answer: It's a good thought Gauri, if implement ......."Thoda Khaye But Achcha Khaye" .....Govt. should think over this policy first.... If we look at the list of cities which have been selected as smart city, many of them would already have annual municipal budgets running into multiple times of this figure. On the other hand, there are few states which have shown doubt for implementing the scheme and if there is not enough support from them in terms of funding and administrative help, it would be difficult to take this scheme to its reasonable result.
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CREDAI demanded the central government for higher FSI
Q: True, to simplify the building plan approval process CREDAI demanded the central govt. to increase the FSI limit up to 4.

real estate
credai
fsi
floor space index
real estate news in mumbai
Latest Answer: Hey Guys, CREDAI has already collected Rs 11 crore, while the rest of amount is to be collected shortly. Under the clean city movement, the fertilizer plants are to be set up under its CSR activities in cities across the state.
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REITs progress towards reality
Q: Is it true that incorporation of REIT under Foreign Exchange Management Act will fast-track developers & industry watchers listing in the domestic market?

real estate
real estate developers
realty news
reits
real estate news in mumbai
fema
foreign exchange management act
ddt exemption
liquidity infusing
Latest Answer: We are looking forward to seeing REITs launched in India in the coming year. Industry wide, there will be limits on what assets can be transferred to REITs. A significant part of that needs to be discounted for quality. We don't see the opportunity for significant non-office REITs, particularly residential, as the rental market is quite informal and break into pieces.
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What are the key documents to verify before investing in Mumbai?
Q: If i buy a property in Mumbai what are the key documents which i should look for?

occupancy certificate
sanction plan
documents for buying property
real estate mumbai
completion certificate
real estate news in mumbai
documents required for property buying in mumbai
lay out plan
documents required for resale flats
checklist before buying property
checklist before buying flats
checklist before buying apartments
documents required for buying properties
checklist for resale property
checklist for under construction properties
tri partite agreement
joint development agreement
documents required for ready to move property
Latest Answer: Good evening buddies, I am going to move into an apartments after a month as i am getting possession of my properties. I just want to take the advice that which are the things that one should check within the project/unit before taking the possession of their property?
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MSRDC plans smart city corridor along Mumbai-Pune E-way.
Q: Do you know that State Road Development Corporation will soon build a corridor of smart cities along the Mumbai-Pune Expressway????

real estate
real estate mumbai
floor space index
land acquisition
smart cities
real estate news in mumbai
maharashtra state road development corporation
smart cities in mumbai
msrdc
mumbai-pune expressway
construction of roads in mumbai
smart city corridor
Latest Answer: Right Devika, Being a special planning authority will also allow the MSRDC to a Floor-Space Index (FSI) of 0.5 to 1 as additional area for high density development against a premium.
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Lodha is building strong management team to touch new heights.
Q: Do you know that the Mumbai based real estate company Lodha Group has created the biggest team of management consultants outside the white-shoe firms.

real estate
lodha group
management consultants
mckinsey
bcg
bain
at kearney
accenture
real estate news in mumbai
Latest Answer: No Ravindra, Their teams were dropped into client situations across industries in Fortune 500 companies. And in a short time, they had to get insights into business, figure out the value drivers, think through big go/no-go decisions. According to Lodha Group it was an experiecnce.
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