“Mom will design my new home,” says Varun Dhawan

After actors like Alia bhatt, Taapsi Pannu, Shraddha Kapoor ventured out into the real estate market to buy their own properties in the maximum city, it is now the turn of the Badlapur boy to move out of his parents’ home. read more at http://shopsandhomes.com/blog/index.php/2016/06/mom-will-design-my-new-home-says-varun-dhawan

Some ideas to ensure you get the maintenance dues

Collecting maintenance dues is a real nightmare. Because no matter how much you try, some people just forget it every month, and some simply despise the idea of paying their dues. read more at http://shopsandhomes.com/blog/index.php/2016/06/some-ideas-to-ensure-you-get-the-maintenance-dues

Private investors competing for commercial realty in India

India’s services-led economy,  which is the fastest growing in the world, has created a steady market for income-generating commercial real estate, giving private investors a chance to list these assets through real estate investment trusts (REITs).  read more at http://shopsandhomes.com/blog/index.php/2016/06/private-investors-competing-for-commercial-realty-in-india

Indiabulls to develop plot in Worli, Mumbai

Tapir Realty Developers, a 100 per cent subsidiary of Indiabulls Real Estate (IBREL), has entered into a joint development agreement with Oricon Properties, a subsidiary of Oricon Enterprises, for development of 7,810 sq metres plot located on E-Moses Road at Worli in Mumbai, the company said in a statement filed on the BSE. read more at http://shopsandhomes.com/blog/index.php/2016/06/indiabulls-to-develop-plot-in-worli-mumbai

Dancer Lauren buys her own home in Mumbai!

Mumbai, the city of dreams, is rightly called Mayanagri. It might be easier to fulfill most of your dreams here but for owning a house. Countless people have reveries of living here but buying a property here sure burns a huge hole in your pockets. read more at http://shopsandhomes.com/blog/index.php/2016/06/dancer-lauren-buys-her-own-home-in-mumbai

Searching for properties online? Beware of fraudsters!

In today’s internet age where tasks from buying veggies to real estate happen online, it is becoming increasingly difficult to ascertain the authenticity of faceless entities. While the financial loss arising from expenditure on things like fake apparel or vegetables might not harm you as much, making a payment for booking an apartment certainly would. read more at http://shopsandhomes.com/blog/index.php/2016/06/searching-for-properties-online-beware-of-fraudsters

e-SBTR-now make Maha Stamp Duty & Registration payment with Union Bank also

e-SBTR (Electronic Secured Bank Treasury Receipt), a service for a single window payment of both stamp duty and registration fee for home purchase in Maharashtra, which was hitherto offered by IDBI Bank, Punjab National Bank, State Bank of India and others, will now be available with Union Bank of India also. read more at http://shopsandhomes.com/blog/index.php/2016/06/e-sbtr-now-make-maha-stamp-duty-registration-payment-with-union-bank-also/

Small houses back in trend

Owing to sky-rocketing property prices, luxury apartments are losing their charm among the middle classes and small houses are gaining popularity again. Due to the massive slump in real estate market since the last couple of years, developers are now reducing the size of houses instead of decreasing the prices. read more at http://shopsandhomes.com/blog/index.php/2016/06/small-houses-back-in-trend

Rati Agnihotri’s son gives a tour of his stunning sea-facing apartment

Tanuj Virwani, son of yester year actress Rati Agnihotri has been living in this six bedroom sea-facing penthouse in Worli since 2007. This lavish duplex located in South Mumbai has a sea-facing terrace which makes one go green with envy. read more at http://shopsandhomes.com/blog/index.php/2016/05/rati-agnihotris-son-gives-a-tour-of-his-stunning-sea-facing-apartment

Home insurance – how it works

Natural disasters like Fire, Lightning, Storm, Cyclone, Floods or Earthquakes are unforeseen and result in dense damage to not only life but also priced possessions like your house and its contents. Events like theft and burglary are also becoming common in the present day scenario. Naturally, the emotional stress and economic loss arising from such destruction of property is exorbitant. read more at http://shopsandhomes.com/blog/index.php/2016/05/home-insurance-how-it-works

Altico to finance Mumbai & NCr projects for Rs. 130 cr

With a focus on senior secured lending to residential projects in the real estate sector across Tier-1 cities in the country, Mumbai-based NBFC, Altico Capital has closed two deals worth Rs 130 crore forresidential projects in Mumbai and the NCR. read more at http://shopsandhomes.com/blog/index.php/2016/05/altico-to-finance-mumbai-ncr-projects-for-rs-130-cr

Legal provisions – purchasing property by NRIs in India

If you are a Non-Resident Indian and not aware about the legalities of owning or purchasing real estate in India, you would like to read on to enlighten yourself on the legal provisions set by the competent authorities pertaining to the purchase or owning of an immovable property in India under the Foreign Exchange Management Act (FEMA). read more at http://shopsandhomes.com/blog/index.php/2016/05/legal-provisions-purchasing-property-by-nris-in-india

Ranbhir Kapoor beats Jindals in property deal

Bollywood heartthrob Ranbhir Kapoor has made the largest recorded transaction per square feet by paying a whopping Rs. 35 crore for a property in Mumbai. The apartment is located in Bandra, close to Krishna Raj, his parental home, and is possibly the highest recorded transaction in the suburbs with Rs 1.42 lakh per square foot. read more at http://shopsandhomes.com/blog/index.php/2016/05/ranbhir-kapoor-beats-jindals-in-property-deal/

Rohit Sharma buys a villa worth 5 cr in Suniel Shetty’s project

Cricketer Rohit Sharma who not so long ago purchased a flat in Prabhadevi area of Mumbai for Rs. 30 crore, recently indulged onto a villa in Khandala. According to sources from the real estate industry, Sharma bought a bungalow in a residential project named ‘Discovery’, which is owned by actor Suniel Shetty’s company S2 Realty. read more at http://shopsandhomes.com/blog/index.php/2016/05/rohit-sharma-buys-a-villa-worth-5-cr-in-suniel-shettys-project/

SRK’s Dubai realty project kicks off

Besides owning several properties in Dubai, Bollywood’s King Khan has also invested in a real estateproject called Royal Estates. The ambitious project was formerly launched in 2008 but was put on hold due to global financial crisis.  read more at http://shopsandhomes.com/blog/index.php/2016/05/srks-dubai-realty-project-kicks-off/

Deepika Padukone endorses Lodha’s weekend enclave

Fans of the Bollywood diva Deepika Padukone will soon see her endorsing Mumbai-based real estate developer Lodha’s premium weekend home development property around a riverside Greg Norman golf course. read more at http://shopsandhomes.com/blog/index.php/2016/05/deepika-padukone-endorses-lodhas-weekend-enclave/

Investment v/s Home Loan pre-payment

Owning a home of yours is indeed a good feeling but in today’s world, it is invariably accompanied with the burden of a housing loan. The question that bothers borrowers is that should they receive an annual bonus or a lump sum amount from some source, whether it should be invested in other instruments or be used to pay off that huge outstanding due. Here is an attempt to enlighten you on some pointers that may help you make that crucial decision. read more at http://shopsandhomes.com/blog/index.php/2016/05/investment-vs-home-loan-pre-payment/

Puranik Builders gets Rs. 300 cr of realty investment through KKR’s NBFC

Global private equity major KKR’s non-banking financial company (NBFC) has approved an investment of Rs 300 crore in two under-construction residential projects of Pune-based Puranik Builders -Abitante and Aldea Espanola being developed in Pune’s Bawadhan and Baner locality . read more at http://shopsandhomes.com/blog/index.php/2016/05/puranik-builders-gets-rs-300-cr-of-realty-investment-through-kkrs-nbfc/

CREDAI Property Expo at Nashik sees over 15,000 visitors

The 3-day property expo which was organised by the Confederation of Real Estate Developers Association of India (CREDAI) at the Chopda Lawns along Gangapur Road at Nashik was a huge success with over 15,000 visitors and an estimated business of Rs. 5 crore with on the spot bookings. read more at http://shopsandhomes.com/blog/index.php/2016/05/credai-property-expo-at-nashik-sees-over-15000-visitors/

Home Loans for everyone by PNB Housing Finance

In an effort to bring cheer to middle and lower income segments which dream of owning a home at affordable Equated Monthly Installments, PNB Housing Finance Ltd. launched a special home loan scheme for the salaried and self-employed professionals with income starting from Rs 10,000 per month and above for a loan amount up to Rs. 25 lakh. read more at http://shopsandhomes.com/blog/index.php/2016/05/home-loans-for-everyone-by-pnb-housing-finance/