March 22, 2018
MUMBAI: Homebuyers could expect some relief as the state government has introduced a provision that will allow reduction of Ready Reckoner (RR) rates. Until now, RR rates, which are revised annually, could only be increased or kept steady. RR rates are used to assess market value of properties by government; stamp duty and registration charges…
March 22, 2018
By Eric Newcomer After getting kicked out of the chief executive officer job at Uber Technologies Inc. in June, Travis Kalanick is getting back in the saddle. Kalanick said Tuesday he’s buying a controlling stake in a distressed real estate company called City Storage Systems for $150 million and installing himself as CEO. The investment…
March 22, 2018
MUMBAI: Maharashtra Real Estate and Regulatory Authority (RERA) recently directed a builder to repay with interest Rs 25 lakh including a cash amount of about Rs 4.5 lakh paid four years ago by a buyer of a flat in Virar who now wants to cancel his booking as the possession was delayed by four years.…
March 22, 2018
NEW DELHI: The domestic equity market ended in the green for a second consecutive day on Wednesday amid buying in select bluechip counters from financial, telecom and energy sectors. The 30-share pack Sensex added 139 points to settle at 33,136.18, while the broader Nifty50 index of NSE gained 31 points to settle at 10,155. Out…