The housing society insisted on a share of the sale amount for its NOC to switch the flat in the name of the brand new owner. In another south Mumbai building, a vendor paid the society Rs 28 lakh for a 2,850sqft flat, reviews Nauzer K Bharucha. Manoj Champaklal Shah, seventy two, and Suresh Shroff, 65, administrators of SVK project LLP, had been Real Estate News arrested by the Economic Offences Wing’s Unit 2 for defrauding 10 flat buyers of Rs 11.50 crores in a redevelopment project in Vile Parle. Larger legislation companies have been shedding house whilst they’ve added lawyers.

  • Housing StatisticsNational, regional, and metro-market stage housing statistics the place knowledge is out there.
  • NAR and its affiliated Institutes, Societies, and Councils offer a extensive array of real estate training options.
  • Block71, a Singapore-based global community of entrepreneurial hubs arrange and managed by the National University of Singapore enterprise, has lastly landed in Jakarta after partnering with prominent conglomerate Salim Group.
  • NAR is projecting that existing-home sales will rise thirteen.5% and new-home sales—which are up about 5% this year, defying market trends—could increase another 19% by the end of subsequent 12 months.

By otto