January 2024

Davos 2024: What is the cost of booking a room?

Davos 2024: What is the cost of booking a room?

Year after year, rents in Davos hit the roof, especially during the World Economic Forum meet as most property owners try to capitalize on the annual event. The Davos Congress Center, center, where the World Economic Forum is taking place is covered in snow in Davos, Switzerland.(AP) While all rooms are ‘sold out’ during the ongoing event, weekly rentals quoted by AirBnB a few days back...

Adani promises houses in ‘Navi Dharavi’ for ineligible Dharavi residents | Mumbai news

Adani promises houses in ‘Navi Dharavi’ for ineligible Dharavi residents | Mumbai news

Mumbai: The Adani Group promoted Dharavi Redevelopment Project Pvt Ltd (DRPPL) will provide tenements measuring 350 square feet to all residents of Dharavi who lived there prior to the cut-off date of January 1, 2000 free of cost. Residents who moved into the slum settlement later and are not eligible for rehabilitation will be accommodated in proposed ‘Navi Dharavi’ colonies, and the developer...

Pune property registration soars to 1.52 lakh homes in 2023

Pune property registration soars to 1.52 lakh homes in 2023

Property registrations in Pune for the period of January to December 2023 reached a total of 152,323 marking a 9.6% increase compared to the previous peak year. The total amount collected in stamp duty for 2023 was ₹5,352 crores, exhibiting a 10.5% year-on-year (YoY) increase, according to an analysis by Knight Frank India. Property registrations in Pune for the period of January to December...

Here’s why rich Indians are lapping up luxury properties

Here’s why rich Indians are lapping up luxury properties

Delhi-NCR saw two listed real estate developers launch luxury projects in the range of ₹7 crore to ₹12 crore recently which the realtors said had been lapped up in a matter of a few days. Demand for luxury and ultra luxury homes among wealthy Indians has gone up and this, say real estate experts, is primarily on account of few launches in the luxury housing segment and the fear of missing out...

Chintels transfers rights of two land parcels in Gurgaon to Sobha Ltd

Chintels transfers rights of two land parcels in Gurgaon to Sobha Ltd

Gurgaon-based real estate developer Chintels India Pvt Ltd has transferred the rights of two land parcels in Gurgaon valued at ₹121 crore to Sobha Ltd that were part of their joint venture project, documents accessed by CRE Matrix showed. Gurgaon-based real estate developer Chintels India Pvt Ltd has transferred the rights of two land parcels in Gurgaon valued at ₹121 crore to Sobha Ltd,...

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