January 2024

Over 10,900 properties registered in Mumbai in January 2024, up 21% YoY

Over 10,900 properties registered in Mumbai in January 2024, up 21% YoY

Mumbai city is projected to witness registration of 10,901 properties in January 2024 on the back of strong residential demand, contributing to a revenue of ₹746 crore for the state government. This is a 21% Year-on-Year (YoY) increase in registration numbers and a 8% YoY growth in revenue compared to the previous year, showed data from the Maharashtra government Department of Registrations and...

10,500 hectare manufacturing hub with 4 SEZs to come up along Yamuna Expressway

10,500 hectare manufacturing hub with 4 SEZs to come up along Yamuna Expressway

The Yamuna Expressway Industrial Development Authority (Yeida) has approved a plan to develop a 10,500 hectare urban centre -- about half the size of Noida city -- along the 165km Yamuna Expressway to Agra, with an aim to facilitate the setting up of manufacturing units to generate jobs and new business opportunities in the region, officials who took part in the authority’s 79th board meeting on...

Co-working firms want Budget 2024 to provide for ITC, allow green credits

Co-working firms want Budget 2024 to provide for ITC, allow green credits

With just a day to go for Budget 2024, flexible office firms are hoping that it will provide benefits to co-working companies such as lower goods and services tax, input tax credit and sops for firms that adopt energy efficient practices. Co-working firms are hoping that Budget 2024 will provide benefits such as lower goods and services tax, input tax credit and sops for companies that adopt...

MCD extends deadline for geotagging properties to Feb 29, 2024

MCD extends deadline for geotagging properties to Feb 29, 2024

The Municipal Corporation of Delhi has extended the deadline for commercial and residential properties in the Capital to be geotagged by their owners until February 29, 2024, MCD said on January 30. The Municipal Corporation of Delhi has extended the deadline for commercial and residential properties in the Capital to be geotagged by their owners until February 29, 2024, (Sanjeev Verma/HT...

Boney Kapoor to develop Film City project as he placed highest bid

Boney Kapoor to develop Film City project as he placed highest bid

Film maker Boney Kapoor's Bayview Projects LLP and Bhutani Group will jointly develop Film City project in sector 21, near Noida airport at Jewar, as it placed the highest bid taking over the project leaving behind other three players. Boney Kapoor's company will develop Noida's Film City in Sector 21. The four companies that were qualified in technical evaluation including Bayview Projects...

Barclays leases office space for 5 years at ₹2.08 crore per month in Mumbai

Barclays leases office space for 5 years at ₹2.08 crore per month in Mumbai

Barclays has leased 64,995 sq. ft. in a building known as Altimus in Worli, Mumbai, for five years at a starting monthly rent of ₹2.08 crore, documents accessed by FloorTap.com showed. Barclays has leased 64,995 sq. ft. in a building known as Altimus in Worli, Mumbai, for five years at a starting monthly rent of ₹2.08 crore. Barclays has paid a security deposit of ₹12.48 crore for the...

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