December 2023

Tribeca Developers appoints Rajat Khandelwal as CEO

Tribeca Developers appoints Rajat Khandelwal as CEO

Mumbai: Luxury developer Tribeca Developers has announced the appointment of Rajat Khandelwal as Group Chief Executive Officer to lead the company’s strategic initiatives and business expansion plans. Tribeca Developers appoints Rajat Khandelwal as CEO Bringing 19 years of professional experience, Khandelwal served as the Chief Operating Officer, Omkar Developers before joining Tribeca. He...

Rapid Metro witnesses major spurt in ridership in 2023, revenue rises by 53%

Rapid Metro witnesses major spurt in ridership in 2023, revenue rises by 53%

The Rapid Metro in Gurugram has witnessed a spurt in ridership in the first seven months of this financial year with around 40,000 passengers opting for it daily while commuting. As per the data tabled by Haryana Mass Rapid Transport Corporation (HMRTC) during its board meeting held last week, the Rapid Metro saw around 80 lakh passengers from April to October this year, while the number of passengers...

MahaRERA moots system for monitoring quality of housing projects

MahaRERA moots system for monitoring quality of housing projects

Mumbai: In line with its plan to put in place a grading system for real estate projects, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has released a consultation paper proposing a framework to have a third-party inspection to ensure quality homes to home buyers. Initially, it will be optional for developers to join this framework before it is made mandatory for all projects in...

Real Estate trends: Five clinchers for a ₹100 crore property deal

Real Estate trends: Five clinchers for a ₹100 crore property deal

Demand for ultra-luxury homes continues to rise with most high net worth individuals purchasing these properties for investment, personal use, or both. This rise can also be on account of the reshuffling of HNI investment portfolios amid the anticipated volatility in the stock market due to the existing geopolitical tensions. A general view of under-construction residential buildings...

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