Category Archives: Uncategorized

 15th June, 2022 The amount of rebate would vary from 5%-15% depending upon how much waste is being treated and processed and also if wastewater is being recycled MUMBAI: Several housing societies in the city have been dedicatedly segregating, processing and treating waste on their premises and have applied for rebate on property tax promisedContinue reading “Three years on, no property tax rebate yet for housing societies in Mumbai for treating waste”

15th June, 2022 Mumbai’s Grade A office space currently stands at 144 million sq. ft, of which only 42% (60 million sq ft) uses centralized Heating, Ventilation, and Air Conditioning (HVAC) system which is known as air conditioning system in common parlance. Energy savings by an efficient HVAC system offers long-term solutions for reducing theContinue reading “Offices in Mumbai can save INR 175 Cr power bills annually by switching to greener air conditioning”

15th June, 2022 The revised income slabs are expected to come into effect with the upcoming draw of around 5,000 affordable homes by MHADA in the Mumbai Metropolitan Region. The Maharashtra government has revised the income slabs- a criteria to determine who is eligible to purchase affordable homes constructed by the Maharashtra Housing and AreaContinue reading “Maharashtra government revises income slabs for buyers of affordable homes”

 14th June, 2022 KALYAN: The Kalyan-Dombivli Municipal Corporation (KDMC) has finally decided to grant 66% property tax rebate to residents of Palava City- the state’s first integrated township project – who have until now been paying double property taxes. While the township’s Palava City Management Association (PCMA) has been charging residents for providing basic amentitiesContinue reading “Maharashtra’s first integrated township in KDMC to get 66% property tax relief”

14th June, 2022 The housing finance limit of 5% of the total asset is expected to boost self-development of societies in Pune, Mumbai, and Thane, Maharashtra Housing Federation vice-chairman Suhas Patwardhan said. PUNE: Nearly 20,000 housing societies and apartments planning self-redevelopment in the state will benefit from the RBI’s decision to allow cooperative banks toContinue reading “About 20,000 housing societies in Maharashtra can gain from cooperative bank funding”

 11th June, 2022 The entire airport land of around 1,160 hectares has been handed over to the developer, Adani Group, for the proposed second airport for Mumbai. NAVI MUMBAI: In a significant development, Cidco has cleared a major hurdle by removing more than 3,070 existing structures in the core airport area, encompassing 10 villages, whichContinue reading “Navi Mumbai: Cidco hands over entire airport land, clears core area of 3,000 buildings”

 10th June, 2022 Mumbai is the financial capital of India and India’s most expensive property market and finding space with that budget in the city is very difficult, but not impossible. Moneycontrol lists the options you have. Wondering what type of property you can buy in Mumbai with a budget of Rs 1 crore? YourContinue reading “What type of property can you buy for under Rs 1 crore in Mumbai?”

8th June, 2022 MUMBAI: Rent or leave and license fees received by an owner of a residential flat, even if such flat has been let out to corporate entities for use by the latter’s employees, will not be subject to goods and services tax (GST). This was recently held by the Authority for Advance RulingsContinue reading “Lease income from ‘residential’ property is exempt from GST”

 7th June, 2022 According to the ‘Bulls and Bears’, Indian valuation handbook, Indian real estate segment shows a good growth with largest ever launch in the pipeline by most real estate companies. Motilal Oswal Financial Services Limited’s (MOFSL), India valuation handbook ‘Bulls and Bears’, May 2022 edition stresses on the fact that the fear ofContinue reading “Inflation overdone; Real estate to grow in near future: Report”

Here are some of the best marketing methods you can use to find tenants, to rent your commercial property to a franchise Have you ever wondered- I want to rent out my commercial property or I want to rent my shop for franchise? A well-known franchise company as a tenant may be an excellent optionContinue reading “How To Rent Your Commercial Property Or Shop To A Franchise”