How to choose the best floor for you in a high-rise?

Apart from the important aspects of home buying that include budget, an ideal locality, proximity to work places, schools & other basic facilities; there is one more factor which should be considered now-a-days when multi-storey towers are in vogue. Selecting the best floor to have a dream home is an important decision one has to make while apartment hunting. Read More at http://shopsandhomes.com/blog/index.php/2016/01/how-to-choose-the-best-floor-for-you-in-a-high-rise/

IIFL and Edelweiss Group are planning to invest in the projects of Mumbai and Bengaluru

In the very first transaction, IIFL is planning to lend Rs.500 crore to Ariisto Realtors in the form of structured debt. IIFL Group, which is one of the largest financial services firm has made two big investments one by one in the different real estate projects which are located at the Mumbai and Bengaluru and it is expected that this investment will help the real estate developers to start he projects and refinance the existing the loan, as per the statement of the executive of company. Read More at http://shopsandhomes.com/blog/index.php/2016/01/iifl-and-edelweiss-group-are-planning-to-invest-in-the-projects-of-mumbai-and-bengaluru/

Delhi and Mumbai are among the top 30 super cities of the world, says report of JLL

Two major Indian cities; Mumbai and Delhi have made their entry into the top 30 list of the world’s most productive, powerful and well connected cities.

Global Top 30 List:

According to research report of JLL India, the international real estate consultancy, Mumbai which is also the financial capital of country has been ranked 22nd whereas; our national capital Delhi has been ranked on the 24th spot in the list of 30 super cities of the world. However; in the list the top five cities were; Tokyo, New York, London and Paris. The Tokyo, New York, London and Paris are the cities which are the destination of more than 50 per cent of all foreign capital investment, says Global Top 30 list of JLL India. According to JLL, “All top 30 cities account for 64 per cent of the total cross-border investment as their common interest are commercial attraction or economic attraction and real estate power and status. Read More at http://shopsandhomes.com/blog/index.php/2016/01/delhi-and-mumbai-are-among-the-top-30-super-cities-of-the-world-says-report-of-jll/

ASK Group, a Financial Services Firm is Planning to Invest up to Rs 1,500 crore in Indian Real Estate Market

Ask Group, which is one of the Financial Services Firm is now planning to invest up to Rs 1,500 crore with an aim to set up its own equity investment unit for the Indian real estate market in the current year as it seems that that the demand for mid-segment housing projects could increase. In year 2015, the firm has invested more than Rs 600 crore through three equity deals in real estate projects. Read More at http://shopsandhomes.com/blog/index.php/2016/01/ask-group-a-financial-services-firm-is-planning-to-invest-up-to-rs-1500-crore-in-indian-real-estate-market/

K. Raheja Group buys plot for Rs. 7 cr per acre

K Raheja Corp, one of the largest developers of business parks in the country under the brand ‘Mindspace’, has bought 30 acres in the Ghansoli area of Navi Mumbai for Rs 210 crore or Rs 7 crore an acre, from US-based speciality chemicals company Cabot Corporation, according to sources. Read More at http://shopsandhomes.com/blog/index.php/2015/12/k-raheja-group-buys-plot-for-rs-7-cr-per-acre/

Rani & Aditya Chopra’s new born owns two bungalows!

A few days old baby owning properties sounds impossible, doesn’t it? but it is possible when your parents are Rani Mukherji and Aditya Chopra! It has been just a couple of days since Rani and Aditya Chopra were blessed with a baby girl, whom they have named Adira. And, if sources are to be believed, the baby has already been gifted not one but two bungalows! Read More at http://shopsandhomes.com/blog/index.php/2015/12/rani-aditya-chopras-new-born-owns-two-bungalows/

Now in Delhi, you will be allowed to register property below the circle rate

If you are property holder in Delhi, so here is great news for you because Delhi High Court has buyers and sellers to register properties below circle rate, according to reports of ToI (Times of India). It is expected that with this decision of Delhi High Court, thousands of property buyers and sellers will get benefit because now they will be able to register their properties below circle rate. Circle rate is the minimum rate below which no seller or buyer are allowed to sale or transfer a commercial property or a residential property.  Read More at  http://shopsandhomes.com/blog/index.php/2015/12/now-in-delhi-you-will-be-allowed-to-register-property-below-the-circle-rate/

Ramee Group is going to sell its Chennai Mall Property

In Chennai Mall Property the first three floors occupied by the mall, whereas; the rest 15 floors which includes the 325 room occupied by Hyatt Regency, a five star hotel.

This based Ramee Group owns chain of hotels in India and West Asia, but now this group is putting its mall property in Chennai on the block. As per the officials of Ramee Group, “We are not experts when it comes to run the malls because our core business is hospitality”. Read More at http://shopsandhomes.com/blog/index.php/2015/12/ramee-group-is-going-to-sell-its-chennai-mall-property/

In Q3 2015, the housing price index grow by 13.7 percent

For the duration of July to September or in Q3 2015, the housing price index grow by 13.7 percent, whereas; the cities such as; Jaipur, Lucknow and Kolkata have contributed to the slower pace of growth, as per data and reports of RBI. Read More at http://shopsandhomes.com/blog/index.php/2015/12/in-q3-2015-the-housing-price-index-grow-by-13-7-percent/

In current drive, 26 FIRs filed against unscrupulous real estate developers in Mumbai

http://shopsandhomes.com/blog/index.php/2015/12/in-current-drive-26-firs-filed-against-unscrupulous-real-estate-developers-in-mumbai/

MIDC have been lodged Twenty three FIRs at the Rabale MIDC police station errant real estate developers, who have used the government land to cheat poor or low income group buyers in Digha, whereas; another three FIRs were lodged against illegal buildings in Digha and case was filed by Brajesh Mishra, a social activist, under MRTP (Maharashtra Regional Town Planning Act) act.  Till now police has arrested four of the accused builders and have sent them to jail after high court slammed the authorities for their lax attitude. 

Ten Hollywood celebrity homes available for rent

http://shopsandhomes.com/blog/index.php/2015/11/ten-hollywood-celebrity-homes-available-for-rent/

Properties once owned by Hollywood celebrities are now available for rent on nightly basis, says a Fox News report. If you are one of those having deep pockets, why not roam the halls of these legendary Oscar winners and music icons to feel like a star? Presenting, ten celebrity homes which can be rented right now, along with their rentals. 

TMC is ready to release the list of property tax defaulters in public

This time Thane Municipal Corporation (TMC) is going to be tuff on property as well as water tax offenders because now corporations planning to release the list of property tax evaders in public. With a need to meet the fiscal deficit now municipal corporations is planning to take rough steps against those who have not cleared their property tax.

Kim Kardashian and her partner Kanye West list their Bel Air property at the price of $ 20 million

Well known international reality TV personality Kim Kardashian and her Kanye West, who is rapper by profession have bought a sprawling home in Los Angeles at the price of $ 9 million plus renovation cost of $ 2 million in year 2013, but now according to reports they have listed their Bel Air mansion at the price of $ 20 million. More info - http://shopsandhomes.com/blog/index.php/2015/11/kim-kardashian-and-her-partner-kanye-west-list-their-bel-air-property-at-the-price-of-20-million/