March 2024

Mumbai records over 14,400 property sale registrations in March 2024, up 10% YoY

Mumbai records over 14,400 property sale registrations in March 2024, up 10% YoY

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...

‘No registry, no vote’: Noida authority asks builder to pay dues

‘No registry, no vote’: Noida authority asks builder to pay dues

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...

Office market net absorption in Q1 2024 at 11.5 mn sq ft across top 8 cities

Office market net absorption in Q1 2024 at 11.5 mn sq ft across top 8 cities

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...

Construction sites in Delhi to get pollution colour codes | Latest News Delhi

Construction sites in Delhi to get pollution colour codes | Latest News Delhi

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...

Yeida offers waivers to developer SDS Group to provide relief to homebuyers

Yeida offers waivers to developer SDS Group to provide relief to homebuyers

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...

Luxury segment dominates new housing launches in Q1 2024 with 34% share: Report

Luxury segment dominates new housing launches in Q1 2024 with 34% share: Report

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...

YEIDA releases ₹681cr for acquiring land near Noida Airport

YEIDA releases ₹681cr for acquiring land near Noida Airport

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...

MahaRERA recovers compensation of ₹125 crore in just 14 months for homebuyers | Mumbai news

MahaRERA recovers compensation of ₹125 crore in just 14 months for homebuyers | Mumbai news

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 to gift new ₹250 cr bungalow to Raha Kapoor, making her youngest and richest star kid in Bollywood: Report | Bollywood

Ranbir Kapoor to gift new ₹250 cr bungalow to Raha Kapoor, making her youngest and richest star kid in Bollywood: Report | Bollywood

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...

Country Garden delays results, expects trading suspension

Country Garden delays results, expects trading suspension

(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...

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