2024

Year-Ender 2024: Mumbai real estate market clocks 1.41 lakh property registrations, 11% higher than 2023

Year-Ender 2024: Mumbai real estate market clocks 1.41 lakh property registrations, 11% higher than 2023

Mumbai's real estate market is projected to register 1,41,302 property registrations in the calendar year 2024, an 11% increase from the 1,26,937 properties registered in 2023, according to data sourced from the Inspector General of Registration and Controller of Stamps of Maharashtra. Mumbai's real estate market is projected to register 1,41,302 property registrations in the calendar year...

Mumbai air quality index: GRAP-IV like restrictions imposed, what’s allowed, and what’s not?

Mumbai air quality index: GRAP-IV like restrictions imposed, what’s allowed, and what’s not?

The Mumbai Civic Body, also known as Brihanmumbai Municipal Corporation (BMC), announced on December 30 that it would implement several sections of GRAP 4 restrictions in Mumbai's Borivali and Byculla areas. Due to poor air quality, the BMC has ordered the halt of construction activities in both these areas. Brihanmumbai Municipal Corporation (BMC), announced on December 30 that it would...

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years

Year-ender 2024: Residential transactions cross 5.7 lakh mark, property prices jump 60% in 5 years

The Indian residential sector clocked 5.77 lakh property transactions in 2024, up by 4% from 5.56 lakh in 2023. The total value of these transactions exceeded ₹4 lakh crore, marking a 2% year-on-year (YoY) increase from ₹3.95 lakh crore in 2023, according to a December 31 report by Square Yards. The Indian residential sector clocked 5.77 lakh property transactions in 2024, up by 4% from...

Construction firm, directors booked for illegally selling 6 Tardeo flats meant for MHADA | Mumbai news

Construction firm, directors booked for illegally selling 6 Tardeo flats meant for MHADA | Mumbai news

Dec 31, 2024 08:16 AM IST MUMBAI: Police filed a case against SK Realty for failing to hand over six flats worth ₹3.52 crore to MHADA after redevelopment, instead selling them privately. MUMBAI: The police on Saturday have registered a case against a construction firm and its directors after they allegedly failed to handover six flats in a Tardeo building they redeveloped to the...

From permitting buyers to take over possession of common areas to completing delayed projects: Top Karnataka RERA orders

From permitting buyers to take over possession of common areas to completing delayed projects: Top Karnataka RERA orders

In 2024, several Karnataka RERA orders, such as permitting homebuyers to take over common areas of a project to allow them to complete one that had been delayed for almost a decade, impacted the city's real estate landscape and homebuyers in general.Also Read: Can homebuyers approach Human Rights Commission if the builder delays in handing over the flat? In 2024, several Karnataka RERA orders,...

Vibha Shangvi, wife of Sun Pharma CMD purchases two apartments in Mumbai’s Worli for ₹135 crore

Vibha Shangvi, wife of Sun Pharma CMD purchases two apartments in Mumbai’s Worli for ₹135 crore

Vibha Shanghvi, wife of Dilip Shanghvi, chairman and managing director of Sun Pharma has purchased two apartments worth ₹130 crore in Mumbai's Worli area, according to documents accessed by Zapkey. Vibha Shanghvi, wife of Dilip Shanghvi, chairman and managing director of Sun Pharma has purchased two apartments worth ₹130 crore in Mumbai's Worli area. (Representational Photo)(Raju Shinde/HT...

Mumbai air quality index: BMC to impose Grap IV measures? construction activities halted

Mumbai air quality index: BMC to impose Grap IV measures? construction activities halted

Dec 30, 2024 08:34 PM IST Mumbai air quality index news: The BMC has halted construction activities in Borivali East and Byculla area of the city owing to poor air quality Mumbai's air quality has been deteriorating in the last few days. Owing to this, the Brihanmumbai Municipal Corporation (BMC) on December 30 announced measures to control air quality including halting of construction...

Mumbai real estate: WeWork India leases 1.26 lakh sq ft of commercial space in Powai for ₹1.38 crore monthly rent

Mumbai real estate: WeWork India leases 1.26 lakh sq ft of commercial space in Powai for ₹1.38 crore monthly rent

Coworking space operator WeWork India has leased 1.26 lakh sq ft of commercial space in the Powai area of Mumbai for a monthly rent of ₹1.38 crore or over ₹16 crore annually, according to property registration documents accessed by Propstack. Coworking space operator WeWork India has leased 1.26 lakh sq ft of commercial space in the Powai area of Mumbai for a monthly rent of ₹1.38 crore....

Bengaluru real estate: Why HSR Layout has seen property prices surge by 30%?

Bengaluru real estate: Why HSR Layout has seen property prices surge by 30%?

It has been almost four months since Rajnish Singh rented a sem-furnished 2BHK apartment in Bengaluru's HSR Layout for ₹35,000 per month. Bengaluru's HSR Layout has evolved as the startup hub of city from a sleepy residential layout to a bustling IT corridor (Representational photo)(Unsplash) "I used to think Mumbai was bad when it comes to renting, but I was surprised in Bengaluru too....

New infra corridors spark a flurry of land deals in the Bengaluru real estate market in 2024

New infra corridors spark a flurry of land deals in the Bengaluru real estate market in 2024

Post-Covid, Bengaluru has become a bustling metropolis, with several MNCs and startups constantly expanding their commercial portfolio. The demand for residential and commercial space has increased exponentially due to Bengaluru's emergence as a worldwide tech powerhouse. The demand for residential and commercial space has increased exponentially due to Bengaluru's emergence as a worldwide tech...

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