Mumbai city recorded registration of 14,411 properties, contributing to a revenue of ₹1,143 crore for the state government in the month of March 2024. Registrations increased by 10% year-on-year (YoY) while revenue from property registrations dipped by 7% on a YoY basis, Maharashtra government's department of Registrations and Stamps (IGR) data showed. Mumbai city recorded registration of...
March 2024
Noida: Days after residents of Gardenia Glory society in Sector 46, Noida put up banners of “no registry, no vote”, the Noida authority has directed the concerned builder to pay dues by April 12 so that registry of flats at the society can be started, officials said on Friday. No registry, no vote’ banners had been put up at two high-rise societies in Sector 75, with residents seeking...
Despite global headwinds, the Indian office market continues its positive trajectory, registering a net absorption of 11.5 mn sq ft across top eight cities in Q1 2024, according to Cushman & Wakefield’s Q1 office data. The office space in India's top seven markets is expected to increase to over 800 mn sq ft by the fourth quarter of 2023, up from the current 792.8 mn sq ft as of September...
Delhi’s environment department has prepared a colour-coded four-stage warning system for all construction and demolition (C&D) sites in the Capital with an area of over 5,000 sqm, in a bid to control local sources of dust and air pollution, officials aware of the development have said. Construction sites in Delhi to get pollution colour codes. (REUTERS/ FILE) The warning system, based...
GREATER NOIDA: The Yamuna Expressway industrial development authority (Yeida) on Friday said that it will offer waivers on interest imposed on the realty firm SDS Group that has delayed the delivery of the project, thereby causing distress to the homebuyers. At least 1,400 homebuyers, who had invested in SDS Infracon’s integrated NRI Township project, in YEIDA’s Sector 26A 14 years ago, are...
The high-end and luxury segment continued to drive growth of the real estate sector with 34% share in new launches in the first quarter of 2024, said a report by Cushman & Wakefield. The high-end and luxury segment continued to drive growth of the real estate sector with 34% share in new launches in the first quarter of 2024(Pixabay) According to the report, the total housing unit...
GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday released ₹681 crore to acquire land for the development of a sector dedicated for industrial development — named Sector 10, located along Yamuna Expressway near the upcoming Noida International airport project. The Yamuna Expressway Industrial Development Authority (Yeida) has released ₹681 crore to...
Mumbai: In the last 14 months, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered ₹125 crore in compensation for homebuyers. The highest number of warrants were from the suburban Mumbai district. A total of 434 warrants from 114 projects have been issued to recover ₹298 crore. So far, ₹71.06 crore has been recovered through 75 warrants belonging to 40 projects....
Ranbir Kapoor, Alia Bhatt and Neetu Kapoor were spotted together at their under-construction bungalow situated in the heart of Mumbai's Bandra, recently. As per a report by Bollywood Life, Ranbir 'will name the bungalow' in his and Alia's one-year-old daughter Raha Kapoor's name. Reportedly this will make little Raha the 'youngest and richest star kid' in Bollywood. Also read: Alia Bhatt, Ranbir...
(Bloomberg) -- Country Garden Holdings Co., one of China’s biggest property developers, warned it will miss a deadline for reporting annual results, further complicating plans to restructure its debt following a default last year. Country Garden Holdings Co., one of China’s biggest property developers, warned it will miss a deadline for reporting annual results (Picture for representational...