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Mumbai Senior Citizen Duped of Rs 1.3 Crore in Flat Investment Scam

Real Estate Mumbai

Mumbai Senior Citizen Duped of Rs 1.3 Crore in Flat Investment Scam

A 66-year-old resident of Mulund in Mumbai filed a complaint against a construction firm and its partners for allegedly cheating him and his family of Rs 1.3 crore through a fraudulent investment scheme and a false flat allotment.

August 31, 2025
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Investing in Senior Living Homes: A Promising Real Estate Opportunity by 2030

Real Estate

Investing in Senior Living Homes: A Promising Real Estate Opportunity by 2030

Explore the growing demand for senior living homes in India, projected to reach 15,000 units by 2030, and discover why it's a lucrative investment opportunity.

August 29, 2025
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Unlocking the Silver Economy: Addressing Senior Housing Needs

real estate news

Unlocking the Silver Economy: Addressing Senior Housing Needs

The real estate sector is overlooking the housing needs of senior citizens, despite the growing demographic of those aged 60 and above. This article explores the reasons behind this market failure and proposes policy solutions to incentivize developers.

July 29, 2025
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Mumbai Ghatkopar Senior Citizen Falls Victim to ₹22 Lakh Panvel Flat Scam

Real Estate Mumbai

Mumbai Ghatkopar Senior Citizen Falls Victim to ₹22 Lakh Panvel Flat Scam

A 75-year-old senior citizen from Ghatkopar, Mumbai, was duped of ₹22 lakh in a fraudulent flat deal in Panvel. The accused, Mahendra Gurunath Shete, has been booked by the Ghatkopar police for cheating and breach of trust.

July 17, 2025
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Maharashtra Cuts Stamp Duty to ₹1,000 for Senior Citizens on Retirement Homes

Real Estate Maharashtra

Maharashtra Cuts Stamp Duty to ₹1,000 for Senior Citizens on Retirement Homes

Maharashtra slashes stamp duty to ₹1,000 for senior citizens purchasing retirement homes, making senior living more affordable and accessible.

May 29, 2025
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Young and Old: Driving the Indian Housing Market Boom

real estate news

Young and Old: Driving the Indian Housing Market Boom

India's housing market is experiencing an unexpected surge in interest from two distinct age groups: young professionals and senior citizens. This article delves into the factors driving this trend and its impact on the real estate sector.

April 16, 2025
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Strong Intent to Purchase Real Estate Among Young Professionals and Seniors

Real Estate

Strong Intent to Purchase Real Estate Among Young Professionals and Seniors

A recent consumer sentiment survey reveals that young professionals and senior citizens are showing strong intent to purchase real estate. The survey, conducted by Magicbricks, highlights the growing demand in the housing market.

April 14, 2025
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Minor Arrested for Robbing and Threatening Senior Citizen in Real Estate Business

Real Estate Pune

Minor Arrested for Robbing and Threatening Senior Citizen in Real Estate Business

Ravindra Agarwal, a 56-year-old real estate businessman, was targeted by a minor who tied him up, threatened him, and robbed him in his home in the Sopan Baug area.

January 6, 2025
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Pune: PMPML Introduces Front Door Boarding for Senior and Vulnerable Commuters

Real Estate Pune

Pune: PMPML Introduces Front Door Boarding for Senior and Vulnerable Commuters

Pune: In a boon for elderly and vulnerable passengers, the Pune Municipal Corporation (PMPML) has introduced a new rule allowing front door boarding on all its buses. This initiative aims to provide greater safety and convenience to those who need it most

January 2, 2025
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Pune: PMPML Introduces Front Door Boarding for Senior and Vulnerable Commuters

Real Estate Pune

Pune: PMPML Introduces Front Door Boarding for Senior and Vulnerable Commuters

Pune: In a boon for elderly and vulnerable passengers, the Pune Municipal Corporation (PMPML) has introduced a new rule allowing front door boarding on all its buses. This initiative aims to provide greater safety and convenience to those who need it most

December 31, 2024
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Pune: Senior Citizen Falls Victim to Rs 1.95 Crore Land Investment Scam

Real Estate Pune

Pune: Senior Citizen Falls Victim to Rs 1.95 Crore Land Investment Scam

A senior citizen residing in a society on Suncity Road in Pune has become the latest victim of a land investment scam, losing Rs 1.95 crore. The couple involved, who serve as directors of a real estate firm, are now being investigated.

November 2, 2024
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IDFC FIRST Bank Revises Fixed Deposit Interest Rates to Up to 8.25%

real estate news

IDFC FIRST Bank Revises Fixed Deposit Interest Rates to Up to 8.25%

IDFC FIRST Bank has recently revised its fixed deposit (FD) interest rates, offering a range of interest rates to both general citizens and senior citizens. The new rates are effective from October 16, 2024, and aim to provide better returns on savings.

October 17, 2024
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Maharashtra's First Student Housing Project Takes Shape in Tardeo

Real Estate Maharashtra

Maharashtra's First Student Housing Project Takes Shape in Tardeo

The Maharashtra government has shortlisted a MHADA building in Tardeo for its first student housing project, offering studio apartments for rent. This is part of a new housing policy that focuses on student accommodation, senior citizen living, and afford

September 12, 2024
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Elderly Homebuyers Drive Mumbai's Property Market with 200% Increase in Registrations

Real Estate Maharashtra

Elderly Homebuyers Drive Mumbai's Property Market with 200% Increase in Registrations

Mumbai's property market sees significant growth in registrations among senior citizens, with a 204% increase in 2024. Maharashtra's real estate premium cut may boost under-construction projects and new launches.

August 30, 2024
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