05TH MAY 2019 NEWS

CITY NEWS

Why consult AG and delay project: Seclink

Publication: MUMBAI MIRROR Date : 05 MAY 2019

The consortium led by Seclink Technology Corporation, which has emerged as the preferred bidder for the Rs 28,500 crore Dharavi Redevelopment Project (DRP),

No more robotic parking, only ramps for the city

Publication: MUMBAI MIRROR Date : 05 MAY 2019

Still struggling to make the city’s first multi-storey robotic public parking lot functional, the BMC has decided to not allow private developers to construct more such spaces and will allow only parking lots with ramps.

Pune: ABIL buys Nitesh Hub Mall on Koregaon Park Road for Rs 276 crore

Publication: TIMES OF INDIA Date : 05 MAY 2019

PUNE: City-based real estate firm ABIL has bought over 1 million square feet Nitesh Hub Mall on Koregaon Park Road for Rs 276 crore.

REALTY NEWS

Mumbai: Rs 782 crore reserve price set for 7-acre property

Publication: TIMES OF INDIA Date : 05 MAY 2019

MUMBAI: On Saturday, Indiabulls issued a sale notice for Palais Royale under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI).

06TH MAY 2019 NEWS

RERA NEWS

Tribunal overturns MahaRERA order

Publication: THE ASIAN AGE Date : 06 MAY 2019

The complainant had booked a flat but later demanded another flat of a similar size on an upper floor, and meanwhile RERA came into force.

REALTY NEWS

On Akshay Tritiya, builders bait buyers with gold, family trips to Bali

Publication: DNA Date : 06 MAY 2019

City developers are doling out offers to attract home buyers this Akshay Tritiya. Usually, such baits are common during Gudi Padwa.

Flat sales down, yet prices stay up due to high taxes, premiums

Publication: TIMES OF INDIA Date : 06 MAY 2019

Mumbai: Most Mumbai builders are struggling and sitting on huge unsold stock, but property prices still haven’t tumbled the way they did in 1997.

Realtors expect boost from Akshaya Tritiya

Publication: THE ASIAN AGE Date : 06 MAY 2019

Kolkata: Realty players across the country are optimistic that Akshaya Tritiya will improve the market sentiments and bring back much-needed positivity and vibrancy in the real estate sector.