2024

Prices remain steady as demand softens in Mumbai real estate market?Over the last four years, the Mumbai real estate market has witnessed an increase in sales of residential properties, accompanied by surge in launches. This growth can be attributed to the Maharashtra government's announcement in January 2021 wherein it waived 50% of the amount that developers had to pay to obtain permissions. In lieu...

Deloitte Shared Services India LLP has leased 80,849 sq ft of office space at the Oberoi Commerz III building in Mumbai at a monthly rent of ₹2.09 crore a month, according to the leave and license agreement shared by Propstack. Deloitte Shared Services India LLP has leased 80,849 sq ft of office space at the Oberoi Commerz III building in Mumbai at a monthly rent of ₹2.09 crore a month...

Several real estate developers across Maharashtra have launched plotted development and villa projects across the state, especially in areas such as Lonavala, Khandala near Pune, Dapoli in Konkan region of Maharashtra, Alibag in Raigad district near Mumbai, Manor in Palghar district near Mumbai, Igatpuri, Kasara Ghat near Nashik and Karjat near Mumbai. Several real estate developers across...

In an attempt to recover dues and deliver justice to thousands of homebuyers, who have been suffering for the past many years, the Noida Authority has decided to seal, attach and auction unsold flats of defaulting builders and took possession of vacant unused land of three projects -- the Grand Omaxe (Omaxe Buildhome) in Sector 93B, Antriksh Golf View (Colourful Estate) in Sector 78, and Matrott...

The potential Small and Medium Real Estate Investment Trusts (SM REITs) market size in India is expected to exceed $60 billion by 2026, according to a report by property consultancy CBRE on September 5. India's potential small and medium REITs market likely to exceed $60 billion by 2026 (Representational photo)(Pexels) Mumbai recorded the highest potential SM REIT-ready completed office...

Sep 06, 2024 10:57 AM IST Rainfall exposes infrastructure issues in Delhi NCR, leading to complaints from commuters about delays. Three days of intermittent rainfall have rendered large parts of Delhi NCR unnavigable, exposing cracks in the region’s infrastructure. Several key routes in Delhi and Gurgaon experienced heavy waterlogging over the last few days, highlighting inadequate...

Sep 06, 2024 07:49 AM IST The one-bedroom, one-bathroom bungalow, which was partially crushed by a tree earlier, is located in suburban Monrovia, northeast of Los Angeles. Newly listed for sale in Southern California's notoriously pricey realty market: half a house for half a million dollars. The picture shows the "half house", which is up for sale for nearly half a million dollars....

Bollywood actor Anupam Kher has bought a commercial office space in Andheri near Mumbai for ₹3.88 crore, documents accessed by FloorTap.com showed. Anupam Kher on changing perspective of the industry The office space is spread over an area of 887 sq ft RERA carpet and located on the 24th floor of the tower known as Parinee 1. The deal was executed on September 3 and a stamp duty of...

Adani Group’s chairman Gautam Adani said on September 5 that the Dharavi Redevelopment Project that his company is executing is not only about urban renewal but also about restoring the dignity of over 1 million residents and showcasing the potential of ambitious, purposeful action. Adani Group’s founder and chairman Gautam Adani said on September 5 that the Dharavi Redevelopment Project...

NCR-based County Group has signed a development agreement for a 7.9-acre land parcel at village Harsaru in Gurugram for a consideration of ₹105 crore, property documents accessed by CRE Matrix showed. NCR-based County Group has signed a development agreement for a 7.906-acre land parcel at village Harsaru in Gurugram for a consideration of ₹105 crore. (Representational photo) Photo by...