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Top real estate articles

  • 13th Dec 18

    What Is The Cost Of Living In Mumbai?

    Mumbai is the costliest city in India, researches confirm. Property prices are highest in the city and given the housing demand, prices have gone up. The estimation is based on cost of residential property on rent, cost of owning a 2BHK in Mumbai, cost involved in commuting from home to workplace and back, electricity cost, cost of engaging a cook and maid, lifestyle-related costs such as movies, restaurants, entertainment avenues, cost of a pre-school or daycare for your young ones, cost of petrol and even cost of meals at budget hotels.
  • 23rd Oct 18

    Upcoming Airports That Will Be A Game Changer For Real Estate

    In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.
  • 12th Dec 18

    Pimpri-Swargate Metro Route Set To Be Extended Till Nigdi

    With the standing committee of the Pimpri Chinchwad Municipal Corporation approving the detailed project report for the extension of the Pimpri-Swargate Metro route to Nigdi recently, prospects of certain real estate pockets have brightened. Under the earlier plan, Phase-I of the Pune Metro was to cover a distance of 31.25 km, with two stretches — from Pimpri Chinchwad Municipal Corporation to Swargate (16.6 km) and from Vanaz to Ramwadi (14.7 km). With the extension of the first stretch till Nigdi, another 4.5 km (spanning three stations, Chinchwad, Akurdi and Nigdi ) will be added to the Pimpri Chinchwad Municipal Corporation stretch.
  • 12th Nov 18

    How To Apply For CIDCO Housing Scheme Online

    City and Industrial Development Corporation of Maharashtra (CIDCO) announced housing scheme in August for which the lottery was conducted on October 2. Around 14,838 households were selected in the previous lot who will be allotted units in three phases in different parts of Navi Mumbai.
  • 28th Nov 18

    Maharashtra To Levy 1% Surcharge On Property Transactions

    With an aim to arrange funds to improve infrastructure in Mumbai, the Maharashtra government has decided to impose a one per cent surcharge on stamp duty on property purchases, a move that would hurt buyers’ sentiment. On November 27, the State Legislative Assembly passed a Bill that allows it to levy the additional stamp duty in the form of surcharge. The state government is inserting Section 144 F in the Mumbai Municipal Corporation (Second Amendment) Act, 2018, to levy additional stamp duty on property sale, and lease. The new levy would also apply on gift and mortgage.
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