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/