Overseas Property Investment

The most recent mumbai property investment news from a variety of international property news sources.

MUMBAI: Real estate firm Lodha Developers has raised Rs 500 crore by selling a 10% stake in a project to develop a 117-storey residential tower in Mumbai to HDFC Venture Funds. “The deal shows the investor’s appetite for quality real estate projects in India,” said Abhisheck Lodha, the managing director of Lodha Developers. HDFC Venture [...]

Alhind Builders is set to construct what is claimed to be the tallest apartment building in Kerala, complete with two helipads. The 40-storey building forms part of an apartment complex coming up at Karaparamabu junction in Kozhikode, with two other buildings having 30 and 10 storeys each. The managing partner of Alhind Builders, Wazeerudhin said [...]

Mumbai In order to check corruption, the Maharashtra Housing and Area Development Authority (Mhada) has decided to make it mandatory for cooperative housing societies to procure a noobjection certificate (NOC) from the deputy registrar of the cooperative department for redevelopment projects. A senior official said, “Unless, the NOC is received, we will not process any [...]

Mumbai Unscrupulous builders in the city have hit upon a new con to mint big money. These developers, allegedly with the connivance of the BMC’s building proposals department, get plans sanctioned for car parking decks on each floor and then sell off the space as part of your apartment. The practice, which has been in [...]

A new five star landmark will soon come up in central Mumbai at Prabhadevi. A new , sea facing hotel with 84 business centres and 320 guest rooms is soon to come up on 5.3 acres of plot once occupied by  the Hindustan Spinning and Weaving Mill. This will be the first hotel in Mumbai [...]

The Navi Mumbai Municipal Corporation ( NMMC) got  State’s approval for changing the  D C rules in July 2008. The division bench of Chief Justice Mohit Shah and Justice S C Dharmadhikari vacated a stay on the matter by granting an additional FSI of 0.5 % to the residential buildings in the city. But this [...]

‘Nandan Prospera’, one of the premium residential projects being set up by Nandan Buildcon Pvt. Ltd at Baner, has become one of the first projects in the city to have received the ‘Pune 5 Star’ Crisil Rating, after Crisil launched city-specific ratings for real estate projects to ensure quality, transparency and timely completion. Shamkant Kotkar, [...]

Alhind Builders is set to construct what is claimed to be the tallest apartment building in Kerala, complete with two helipads. The 40-storey building forms part of an apartment complex coming up at Karaparamabu junction in Kozhikode, with two other buildings having 30 and 10 storeys each. The managing partner of Alhind Builders, Wazeerudhin said [...]

MUMBAI: Godrej Properties (GPL), the realty arm of the Godrej Group, has signed an MoU with another group company, Godrej Agrovet, for developing a residential property on the outskirts of Bangalore, a top company official said. As per the MoU, Godrej Agrovet, in a joint venture with Godrej Properties will develop around 100 acres of [...]

Mumbai based real estate developer Neev Homes has announced the launch of its new residential project, Neev Bellevue, in Malad (East). Positioned as a qualitative and affordable project, this new launch is being developed to cater to the growing demand of home buyers in the mid-income segment in the northern suburban region of the city. [...]