2024

MCM fines developers ₹65 lakhs for flouting Grap

MCM fines developers ₹65 lakhs for flouting Grap

The Municipal Corporation of Manesar (MCM) has issued a penalty of ₹50 lakh against a developer for not stopping construction activities at its project site in Sector 79, officials said on Wednesday, highlighting recent action taken against those violating pollution-control measures. MCM officials during their crackdown on Wednesday. (HT Photo) Six other projects, including concrete...

Lodha Group and K Raheja Corp among real estate developers who have applied for deregistering 19 projects in Maharashtra

Lodha Group and K Raheja Corp among real estate developers who have applied for deregistering 19 projects in Maharashtra

Lodha Group, K Raheja Corp, Puranik, Lokhandwala Infrastructure are among real estate developers who have applied for deregistration of as many as 19 projects across Maharashtra in cities such as Mumbai, Thane, Pune, Nashik and Nagpur. MahaRERA update: Lodha Group, K Raheja Corp, Puranik, Lokhandwala Infrastructure are among real estate developers who have applied for deregistration of as many...

Delhi’s Khan Market ranked 22nd most expensive retail market globally: report

Delhi’s Khan Market ranked 22nd most expensive retail market globally: report

Delhi’s Khan Market has once again retained its status as a global retail hotspot, ranking as the 22nd most expensive main street internationally with an annual rent of over ₹19,000 per sq ft, according to Cushman & Wakefield’s Main Streets Across the World report. Delhi’s Khan Market has retained its status as a global retail hotspot, ranking as the 22nd most expensive main street...

London tops World’s Best Cities 2025, Indian cities fail to make ranking

London tops World’s Best Cities 2025, Indian cities fail to make ranking

London, Nov 20 (PTI) London has topped a definitive ranking of the World’s Best Cities 2025 released on November 20 for the tenth year in a row, followed closely by New York and Paris, even as Indian cities failed to make the cut based on the criteria of perception and performance. London has topped a definitive ranking of the World’s Best Cities 2025 released on November 20 for the tenth...

This Italian village is offering  homes to Americans upset over Trump’s win

This Italian village is offering $1 homes to Americans upset over Trump’s win

An Italian village is offering homes for just $1 to Americans who wish to flee the country after Donald Trump won his reelection bid in the 2024 presidential race. Ollolai—located in Sardinia, a picturesque island in the Mediterranean Sea—is one of the many rural Italian towns offering homes for just one euro to revive their economies. Ollolai, Sardinia, is offering $1 homes to Americans...

Average home prices in top seven cities touches ₹1.23 crore in H1 FY25, up 23% in a year

Average home prices in top seven cities touches ₹1.23 crore in H1 FY25, up 23% in a year

The average home price in top seven cities touched ₹1.23 crore in H1 FY25, up 23% in a year. NCR led with a 56% surge in average ticket size of homes in H1 FY2025 from approximately ₹93 lakh in H1 FY2024 to over ₹1.45 crore in H1 FY2025, a report by Anarock has said. NCR saw the highest growth (56%) in average ticket size – from approximately ₹93 lakh in H1 FY2024 to over ₹1.45...

Elon Musk’s former LA home suffers over m price chop before hitting foreclosure auction block

Elon Musk’s former LA home suffers over $3m price chop before hitting foreclosure auction block

Elon Musk’s former abode in Los Angeles is deemed a “piece of Hollywood history,” considering its glittery ownership history tied to the late legendary Willy Wonka actor Gene Wilder. Built in 1951 by LA architect Robert Byrd, the estate overlooking the Bel-Air Country Club has suffered a price chop. Although the white-shingle house first hit the market in August for $12.95 million, its price tag...

Equity investments in real estate sector to surpass  billion in 2024: CBRE-CII report

Equity investments in real estate sector to surpass $10 billion in 2024: CBRE-CII report

Equity investments in Indian real estate may surpass $10 billion in 2024 on the back of strong inflows into built-up office space assets and a robust land acquisition pipeline for residential projects, according to a report by industry body CII and real estate consultant CBRE. The CII Realty 2024 conclave was inaugurated by D Thara, additional secretary, ministry of housing and urban affairs along...

MahaRERA directs MHADA to fix structural defects in Pune housing unit

MahaRERA directs MHADA to fix structural defects in Pune housing unit

In a first of its kind case, Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Maharashtra Housing and Area Development Authority’s Pune Board to fix structural defects in a Pune flat that was part of the MHADA housing draw in 2018. The homebuyer had filed a complaint before MahaRERA against MHADA over alleged defects in the flat. MahaRERA directs Maharashtra Housing and...

ANZ renews office space lease in Bengaluru for four years at a rent of ₹6 crore per month

ANZ renews office space lease in Bengaluru for four years at a rent of ₹6 crore per month

ANZ Support Services India Private Limited has renewed its lease for a 6 lakh sq ft office space spread across 18 floors in Embassy Manyata Business Park in Bengaluru for four years at a monthly rent of ₹5.94 crore, documents accessed by Propstack showed. ANZ Support Services India Private Limited has renewed its lease for a 6 lakh sq ft office space spread across 18 floors in Embassy Manyata...

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