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real estate developers in Mumbai

Oberoi Realty expands its business by entering new sectors

Oberoi Realty expands its business by entering new sectors
Oberoi Realty, one of the renowned real estate developers in Mumbai is likely to invest in a residential project in NCR. The investment would be of small bracket of worth Rs 200 crore. Also, the group has plans of rechecking acquisitions in cities like Hyderabad and Bangalore. It has been confirmed by the company Chairman [...] Continue Reading »

Shilpa Shetty enters real estate; Launches Groupco

Shilpa Shetty enters real estate; Launches Groupco
Mumbai- Bollywood actress, Shilpa Shetty has launched a real estate company “Groupco Developers” in partnership with Hem Tejuja to develop housing projects in collaboration with landowners across the country. Hem Tejuja, a first generation entrepreneur is also a partner in Shilpa’s online property brokerage business. Groupco Developers is an equal sharing joint venture which mainly [...] Continue Reading »

Question looms over Shiv Sena’s control on Mumbai realty

Question looms over Shiv Sena’s control on Mumbai realty
After the demise of Shiv Sena chief Bal Thackeray, specualtions are high regarding the control of Shiv Sena over Brihanmumbai Municipal Corporation (BMC). BMC is perceived as a mini-government within Maharashtra state and it directly controls one of the World’s most costliest properties in greater Mumbai. Developers since the past few years have been relying [...] Continue Reading »

Sanghvi Group’s input in new credit policy of RBI

Sanghvi Group’s input in new credit policy of RBI
The Sanghvi Group of Companies has evolved into one of the most prominent real estate developers in Mumbai. Director of Sanghvi Group of Companies welcomed the new credit policy of the Reserve Bank of India. The group feels that the reduced cost of accessing funds by developers will aid in accelerating project execution which were [...] Continue Reading »

Pay property tax three years in advance!

Pay property tax three years in advance!
Every new residential launch in Mumbai has to undergo tough time! The real estate developers in Mumbai should pay property tax for three year well in advance if they want to take up any new construction project. Again, this will give raise to increase in prices of apartments in Mumbai. So, property buyers get ready [...] Continue Reading »

Developers of Mumbai met with BMC chief

Developers of Mumbai met with BMC chief
A common meeting was held in Bandra with the Municipal Chief and the builders, architects, consultants and the real estate agents to ‘clear the air’ regarding the amended Development Control Rules (DCRs). The meeting was ended with a hint of strike by the builders . In the meeting the commissioner asked the builders to submit [...] Continue Reading »



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